1st Source (SRCE)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	124.83 mm	124.83 mm	124.83 mm	124.83 mm	124.83 mm	124.83 mm
Cash burn (monthly)	14.85 mm	403.50 k	11.00 mm	(no burn)	(no burn)	(no burn)
Cash used (since last report)	30.08 mm	817.53 k	22.29 mm	n/a	n/a	n/a
Cash remaining	94.75 mm	124.01 mm	102.54 mm	n/a	n/a	n/a
Runway (months of cash)	6.4	307.3	9.3	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from 1st Source earnings reports.

Institutional ownership, Q3 2024

SRCE institutional ownership history Ownership history

71.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	186	151	+23.2%
Opened positions	42	20	+110.0%
Closed positions	7	15	-53.3%
Increased positions	70	55	+27.3%
Reduced positions	40	46	-13.0%

13F shares	Current	Prev Q	Change
Total value	1.03 tn	941.74 bn	+9.1%
Total shares	17.44 mm	17.77 mm	-1.8%
Total puts	16.00 k	900.00	+1677.8%
Total calls	127.80 k	9.90 k	+1190.9%
Total put/call ratio	0.1	0.1	+37.7%

Largest owners	Shares	Value	Change
1ST Source Bank	5.38 mm	$321.89 bn	-14.2%
BlackRock	1.86 mm	$111.61 bn	NEW
Dimensional Fund Advisors	1.53 mm	$91.63 bn	-3.7%
Vanguard	951.20 k	$56.96 bn	+9.0%
Charles Schwab Investment Management	586.37 k	$35.11 bn	+0.3%
STT State Street	567.20 k	$33.96 bn	+1.7%
Wellington Management	555.31 k	$33.25 bn	-34.1%
Alliancebernstein	506.57 k	$30.33 bn	-8.8%
Geode Capital Management	433.44 k	$25.96 bn	+0.9%
Boston Trust Walden	425.32 k	$25.47 bn	-2.5%

Largest transactions	Shares	Bought/sold	Change
BlackRock	1.86 mm	+1.86 mm	NEW
BLK BlackRock	0.00	-1.60 mm	EXIT
1ST Source Bank	5.38 mm	-886.43 k	-14.2%
Wellington Management	555.31 k	-286.79 k	-34.1%
First Trust Advisors	54.17 k	-140.28 k	-72.1%
Millennium Management	151.75 k	+117.87 k	+347.9%
American Century Companies	91.67 k	-83.02 k	-47.5%
Norges Bank	0.00	-81.59 k	EXIT
Vanguard	951.20 k	+78.44 k	+9.0%
MS Morgan Stanley	160.76 k	+75.65 k	+88.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SRCE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Feb 25	John B Griffith	Common Stock	Grant	Acquire A	No	No	0	1,753	0.00	67,876
21 Feb 25	Short Andrea G	Common Stock	Grant	Acquire A	No	No	0	2,660	0.00	77,375
21 Feb 25	Jeffrey L Buhr	Common Stock	Grant	Acquire A	No	No	0	2,278	0.00	69,605
21 Feb 25	Brett A. Bauer	Common Stock	Grant	Acquire A	No	No	0	1,558	0.00	22,687
3 Feb 25	Schwabero Mark D	Common Stock	Grant	Acquire A	No	No	62.75	175	10.98 k	26,873

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

1st Source To Achieve Superior Operating Leverage, Profitability In 2025: Analyst

27 Jan 25

Piper Sandler predicts 1st Source Corp to have strong leverage and profitability in 2025. Analyst upgraded stock with increased price target.

Keefe, Bruyette & Woods Maintains Market Perform on 1st Source, Raises Price Target to $69

27 Jan 25

Keefe, Bruyette & Woods analyst Damon Delmonte maintains 1st Source (NASDAQ:SRCE) with a Market Perform and raises the price target from $67 to $69.

Piper Sandler Upgrades 1st Source to Overweight, Raises Price Target to $72.5

27 Jan 25

Piper Sandler analyst Nathan Race upgrades 1st Source (NASDAQ:SRCE) from Neutral to Overweight and raises the price target from $70 to $72.5.

1st Source Earnings Review: Q4 Summary

23 Jan 25

1st Source Q4 EPS $1.27 Misses $1.33 Estimate

23 Jan 25