1st Source Company Insiders

SRCE Stock  USD 64.89  0.33  0.51%   
About 67% of 1st Source's corporate insiders are selling. The analysis of insiders' sentiment of trading 1st Source stock suggests that many insiders are alarmed at this time. 1st Source employs about 1.2 K people. The company is managed by 13 executives with a total tenure of roughly 33 years, averaging almost 2.0 years of service per executive, having 90.0 employees per reported executive.

1st Source's Insider Buying Vs Selling

33

 
Selling
 
Buying

Latest Trades

2024-06-06Jeffrey L BuhrDisposed 1925 @ 50.84View
2024-05-29Daniel B FitzpatrickAcquired 1000 @ 49.65View
2024-03-05Jeffrey L BuhrDisposed 761 @ 51.52View
Monitoring 1st Source's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1st Source. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.

1st Source's Workforce Through the Years

Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with 1st Source's future performance. Based on our forecasts, it is anticipated that 1st will maintain a workforce of about 1170 employees by December 2024.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

1st Source Management Team Effectiveness

The company has return on total asset (ROA) of 0.015 % which means that it generated a profit of $0.015 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1201 %, meaning that it created $0.1201 on every $100 dollars invested by stockholders. 1st Source's management efficiency ratios could be used to measure how well 1st Source manages its routine affairs as well as how well it operates its assets and liabilities. As of November 29, 2024, Return On Tangible Assets is expected to decline to 0.01. In addition to that, Return On Capital Employed is expected to decline to 0.02. At present, 1st Source's Intangibles To Total Assets are projected to slightly decrease based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 0.05, whereas Non Current Assets Total are forecasted to decline to about 13.2 M.
The current year's Net Income Applicable To Common Shares is expected to grow to about 145.5 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 21.7 M.

1st Source Workforce Comparison

1st Source is currently regarded as top stock in number of employees category among its peers. The total workforce of Financials industry is at this time estimated at about 8,451. 1st Source retains roughly 1,170 in number of employees claiming about 14% of equities under Financials industry.

1st Source Profit Margins

The company has Profit Margin (PM) of 0.35 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.49 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.49.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.180.3438
Way Down
Slightly volatile
Operating Profit Margin0.830.61
Significantly Up
Pretty Stable
Pretax Profit Margin0.250.4449
Way Down
Slightly volatile
Return On Assets0.00840.0143
Way Down
Slightly volatile
Return On Equity0.120.1262
Notably Down
Slightly volatile

1st Source Insider Trading History

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific 1st Source insiders, such as employees or executives, is commonly permitted as long as it does not rely on 1st Source's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, 1st Source insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2024-06-01
11.0
11
1
 14,390 
 1,925 
2024-03-01
5.5
11
2
 10,207 
 761.00 
2023-12-01
2.75
11
4
 4,062 
 24,956 
2022-12-01
2.3333
7
3
 1,600 
 0.00 
2022-06-01
12.0
12
1
 13,434 
 0.00 
2021-12-01
7.0
7
1
 3,606 
 0.00 
2021-09-01
10.0
10
1
 9,466 
 0.00 
2021-06-01
3.6667
11
3
 11,036 
 2,200 
2021-03-01
5.0
10
2
 12,694 
 9,370 
2020-09-01
4.0
4
1
 2,644 
 0.00 
2019-12-01
2.0
4
2
 622.00 
 2,896 
2018-12-01
6.0
12
2
 2,461 
 0.00 
2018-09-01
4.5
9
2
 1,124 
 2,000 
2018-06-01
4.0
8
2
 4,135 
 0.00 
2018-03-01
4.0
8
2
 12,866 
 8,500 
2017-03-01
7.0
7
1
 14,368 
 1,000.00 
2016-12-01
1.5
3
2
 839.00 
 2,500 
2016-09-01
0.2143
3
14
 920.00 
 10,000 
2016-03-01
1.2222
11
9
 15,083 
 5,046 
2015-12-01
0.1538
4
26
 1,009 
 1,110,618 
2015-09-01
3.0
3
1
 992.00 
 2,500 
2015-06-01
3.5
7
2
 7,886 
 1,542 
2015-03-01
1.0588
18
17
 17,491 
 40,155 
2014-12-01
0.4286
3
7
 192.00 
 0.00 
2014-09-01
10.0
10
1
 7,800 
 1,090 
2014-03-01
5.0
5
1
 24,123 
 0.00 
2013-06-01
1.0
1
1
 200.00 
 0.00 
2013-03-01
0.3333
6
18
 16,850 
 124,899 
2012-12-01
0.1538
2
13
 15,000 
 51,448 
2012-03-01
6.0
6
1
 15,933 
 2,017 
2011-09-01
17.0
17
1
 73,503 
 6,003 
2011-06-01
1.6667
10
6
 30,452 
 22,000 
2011-03-01
2.5
10
4
 5,030 
 7,451 
2010-03-01
2.0
10
5
 53,141 
 11,456 
2009-12-01
0.3684
7
19
 17,700 
 0.00 
2009-09-01
12.0
12
1
 11,113 
 2,163 
2009-03-01
3.25
13
4
 14,511 
 13,444 
2008-12-01
0.3636
4
11
 2,400 
 0.00 
2008-03-01
1.0
2
2
 4,813 
 5,575 
2007-12-01
1.3846
18
13
 24,212 
 4,599 
2007-06-01
11.0
11
1
 219,559 
 5,790 
2007-03-01
3.25
13
4
 42,475 
 37,342 
2006-12-01
0.6667
10
15
 33,485 
 519.00 
2006-06-01
0.1667
2
12
 13,014 
 56,486 
2006-03-01
0.4
4
10
 19,664 
 36,706 
2005-12-01
0.4286
6
14
 10,868 
 4,486 
2005-09-01
0.3333
1
3
 8,171 
 20,579 
2005-06-01
0.6667
2
3
 9,175 
 22,157 
2004-12-01
0.9231
12
13
 14,032 
 6,500 
2004-09-01
0.8
4
5
 168,661 
 185,041 
2004-06-01
0.3846
5
13
 24,624 
 45,908 
2004-03-01
1.5714
11
7
 18,833 
 24,254 
2003-12-01
0.8571
6
7
 16,733 
 15,511 

1st Source Notable Stakeholders

A 1st Source stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as 1st Source often face trade-offs trying to please all of them. 1st Source's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting 1st Source's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Christopher IIICEO PresidentProfile
Andrea CPAPresident DirectorProfile
CTP CFAPresident BankProfile
Andrea ShortCFO, Executive VP, Treasurer, CFO of 1st Source Bank, Executive VP of 1st Source Bank and Treasurer of 1st Source BankProfile
Jeffrey BuhrChief Credit Officer of 1st Source Bank and Executive VP of 1st Source BankProfile
John GriffithExecutive VP, General Counsel, Secretary, Executive VP of 1st Source Bank, General Counsel of 1st Source Bank and Secretary of 1st Source BankProfile
John JDChief VPProfile
Greg BrownPres DivisionProfile
Lawrence MayersRegional BankProfile
Brett BauerCFO VPProfile
Chris StraffordVPProfile
Kevin MurphyExecutive OfficerProfile
Lanny ScobyCity BankProfile

About 1st Source Management Performance

The success or failure of an entity such as 1st Source often depends on how effective the management is. 1st Source management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of 1st management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the 1st management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed 0.03  0.02 
Return On Assets 0.01  0.01 
Return On Equity 0.13  0.12 
Please note, the presentation of 1st Source's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 1st Source's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of 1st Source's management manipulating its earnings.

1st Source Workforce Analysis

Traditionally, organizations such as 1st Source use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare 1st Source within its industry.

1st Source Manpower Efficiency

Return on 1st Source Manpower

Revenue Per Employee310.6K
Revenue Per Executive28M
Net Income Per Employee106.8K
Net Income Per Executive9.6M

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When running 1st Source's price analysis, check to measure 1st Source's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 1st Source is operating at the current time. Most of 1st Source's value examination focuses on studying past and present price action to predict the probability of 1st Source's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1st Source's price. Additionally, you may evaluate how the addition of 1st Source to your portfolios can decrease your overall portfolio volatility.
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