1st Source Company Insiders
SRCE Stock | USD 63.02 0.48 0.76% |
About 71 percent of all 1st Source's insiders are acquiring. The analysis of insiders' sentiment of trading 1st Source stock suggests that quite a large number of insiders are confidant at this time. 1st Source employs about 1.2 K people. The company is managed by 14 executives with a total tenure of roughly 36 years, averaging almost 2.0 years of service per executive, having 86.07 employees per reported executive.
Insider Sentiment 71
Mostly Buying
Selling | Buying |
Latest Trades
2024-06-06 | Jeffrey L Buhr | Disposed 1925 @ 50.84 | View | ||
2024-05-29 | Daniel B Fitzpatrick | Acquired 1000 @ 49.65 | View | ||
2024-03-05 | Jeffrey L Buhr | Disposed 761 @ 51.52 | View | ||
2023-05-03 | Daniel B Fitzpatrick | Acquired 1000 @ 40.74 | View | ||
2023-04-24 | Mark D Schwabero | Acquired 495 @ 44.32 | View | ||
2023-03-13 | Daniel B Fitzpatrick | Acquired 1000 @ 45.21 | View | ||
2022-07-26 | Mark D Schwabero | Acquired 400 @ 47.21 | View |
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. 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 1210 employees by August 2025.1st Source Management Team Effectiveness
The company has return on total asset (ROA) of 0.016 % which means that it generated a profit of $0.016 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1222 %, meaning that it created $0.1222 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. At present, 1st Source's Return On Equity is projected to increase slightly based on the last few years of reporting. 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 Asset Turnover is expected to grow to 0.08, whereas Non Current Assets Total are forecasted to decline to about 4 B.The current year's Common Stock Shares Outstanding is expected to grow to about 28.5 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 145.5 M
1st Source Workforce Comparison
1st Source is rated second in number of employees category among its peers. The total workforce of Financials industry is at this time estimated at about 8,948. 1st Source retains roughly 1,205 in number of employees claiming about 13% of equities under Financials industry.
1st Source Profit Margins
The company has Profit Margin (PM) of 0.36 %, 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 Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.55 | 0.6569 |
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Net Profit Margin | 0.13 | 0.2325 |
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Operating Profit Margin | 0.18 | 0.2999 |
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Pretax Profit Margin | 0.18 | 0.2999 |
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Return On Assets | 0.0085 | 0.0148 |
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Return On Equity | 0.12 | 0.1194 |
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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.
Buy/Sell Ratio | # Purchases Trades | # Sales Trades | Total Shares Purchased | Total Shares Sold | |
---|---|---|---|---|---|
2024-12-01 | 1.75 | 7 | 4 | 1,506 | 16,000 |
2024-09-01 | 7.0 | 7 | 1 | 1,354 | 1,000.00 |
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 III | CEO President | Profile | |
Andrea CPA | President Director | Profile | |
CTP CFA | President Bank | Profile | |
Andrea Short | CFO, Executive VP, Treasurer, CFO of 1st Source Bank, Executive VP of 1st Source Bank and Treasurer of 1st Source Bank | Profile | |
Jeffrey Buhr | Chief Credit Officer of 1st Source Bank and Executive VP of 1st Source Bank | Profile | |
John Griffith | Executive VP, General Counsel, Secretary, Executive VP of 1st Source Bank, General Counsel of 1st Source Bank and Secretary of 1st Source Bank | Profile | |
Brian Duba | General VP | Profile | |
Greg Brown | Pres Division | Profile | |
Lawrence Mayers | Regional Bank | Profile | |
Brett Bauer | CFO VP | Profile | |
John JD | Executive Officer | Profile | |
Chris Strafford | VP | Profile | |
Kevin Murphy | Executive Officer | Profile | |
Lanny Scoby | City Bank | Profile |
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 Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.01 | 0.01 | |
Return On Capital Employed | 0.12 | 0.13 | |
Return On Assets | 0.01 | 0.01 | |
Return On Equity | 0.12 | 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 Employee | 473.3K | |
Revenue Per Executive | 40.7M | |
Net Income Per Employee | 110.1K | |
Net Income Per Executive | 9.5M |
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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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