1st Source (NASDAQ:SRCE - Get Free Report) released its earnings results on Thursday. The financial services provider reported $1.40 earnings per share for the quarter, topping analysts' consensus estimates of $1.33 by $0.07, Zacks reports. 1st Source had a return on equity of 11.68% and a net margin of 23.01%.
1st Source Trading Up 0.5 %
Shares of 1st Source stock traded up $0.28 on Thursday, hitting $57.55. 83,743 shares of the company's stock traded hands, compared to its average volume of 59,987. The firm's 50-day moving average price is $61.11 and its two-hundred day moving average price is $60.29. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $1.41 billion, a PE ratio of 10.96 and a beta of 0.82. 1st Source has a one year low of $47.30 and a one year high of $68.13.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a "buy (b)" rating on shares of 1st Source in a report on Saturday, January 18th.
Check Out Our Latest Research Report on 1st Source
1st Source Company Profile
(
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1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients. Its consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; online and mobile banking products; consumer loans, real estate mortgage loans, and home equity lines of credit; and financial planning, financial literacy, and other consultative services, as well as debit and credit cards.
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