1st Source (SRCE)

• Market cap: $1.45B
• 1 day: -0.27%
• 5 days: -6.73%
• 1 month: -7.89%
• 3 months: -1.89%
• 6 months: 18.54%
• Year to date: 8.47%
• 1 year: 8.67%
• 5 years: 11.92%
• 10 years: 88.50%
• Sector: Financials
• Industry: State Commercial Banks

About: 1st Source Corp along with its subsidiary offers banking services. The bank provides Commercial, Agricultural, and Real Estate Loans which are given to privately owned business clients mainly located within regional market area, Consumer Services that consists of full range of consumer banking products and services, Trust and Wealth Advisory Services and Insurance services to individuals and business clients. Its Specialty Finance Group offers financing services for construction equipment, new and pre-owned private and cargo aircraft, and various vehicle types for fleet purposes.

Employees: 1,170

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

881% more call options, than puts

Call options by funds: $9.4M | Put options by funds: $958K

471% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 7

71% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 41

22% more funds holding

Funds holding: 152 [Q2] → 185 (+33) [Q3]

9% more capital invested

Capital invested by funds: $957M [Q2] → $1.04B (+$87.1M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

1.69% less ownership

Funds ownership: 72.9% [Q2] → 71.22% (-1.69%) [Q3]