1st Source Story

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SRCE -- USA Stock  

USD 45.91  0.16  0.35%

1st Source Market Capitalization is projected to increase significantly based on the last few years of reporting. The past year's Market Capitalization was at 1.04 Billion. The current year Calculated Tax Rate is expected to grow to 32.39, whereas Revenue Per Employee is forecasted to decline to about 262.4 K. While many traders today are more concerned about the preservation of capital over market returns, 1st Source could be one exception. We will evaluate why recent 1st Source price moves suggest a bounce in February. In this post, I will also go over a few different drivers affecting 1st Source's products and services, and explain how it may impact 1st Source shareholders.
Published over a month ago
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Here is why 1st Source (NASDAQ:SRCE) can still attract shareholders
1st Source advice module can be used to check and cross-verify current investment recommendation provided by analysts analyzing the company's potential to grow using all of fundamental, technical, data market data available at the time.

And What about dividends?

A dividend is the distribution of a portion of 1st Source earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. 1st Source dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. 1st Source one year expected dividend income is about $0.56 per share.
The current year Dividend Yield is expected to grow to 0.023, whereas Preferred Dividends Income Statement Impact is forecasted to decline to about 9.3 M.
Last ReportedProjected for 2021
Preferred Dividends Income Statement Impact10.4 M9.3 M
Payment of Dividends and Other Cash Distributions-22.3 M-24.1 M
Dividend Yield 0.0184  0.023 
Dividends per Basic Common Share 0.65  0.56 
Investing in dividend-paying stocks, such as 1st Source Corp is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in 1st Source must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for 1st Source. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is 1st Source's Liquidity

1st Source financial leverage refers to using borrowed capital as a funding source to finance 1st Source Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. 1st Source financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between 1st Source's total debt and its cash.

How 1st Source utilizes its cash?

To perform a cash flow analysis of 1st Source, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash 1st Source is receiving and how much cash it distributes out in a given period. The 1st Source cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
1st Source Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 154.49 Million

Is 1st Source valued correctly by the market?

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. 1st Source has an asset utilization ratio of 5.31 percent. This indicates that the company is making $0.0531 for each dollar of assets. An increasing asset utilization means that 1st Source is more efficient with each dollar of assets it utilizes for everyday operations.
 2020 2021 (projected)
Share Based Compensation3.32 M3.69 M
Net Cash Flow from Operations148.15 M124.49 M

1st Source is likely to close below $43 next week

1st Source latest total risk alpha ascents over 0.13. 1st Source currently demonstrates below-verage downside deviation. It has Information Ratio of 0.12 and Jensen Alpha of 0.28. However, we do advice investors to further question 1st Source expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Final Take On 1st Source

Although other companies in the banks?regional industry are either recovering or due for a correction, 1st Source may not be as strong as the others in terms of longer-term growth potentials. With an impartial outlook on the current market volatility, it may be better to hold off any inventment activity and neither take over nor exit any shares of 1st Source at this time. The 1st Source risk-reward trade off is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to 1st Source.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of 1st Source Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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