$0.86 EPS Expected for 1st Source Corporation (SRCE)

June 15, 2018 - By Mary Hughes

1st Source Corporation (NASDAQ:SRCE) LogoInvestors sentiment increased to 1.17 in 2018 Q1. Its up 0.37, from 0.8 in 2017Q4. It is positive, as 5 investors sold 1st Source Corporation shares while 37 reduced holdings. 15 funds opened positions while 34 raised stakes. 18.28 million shares or 1.70% more from 17.97 million shares in 2017Q4 were reported.
Massmutual Fsb Adv holds 0% of its portfolio in 1st Source Corporation (NASDAQ:SRCE) for 1,200 shares. Northern Tru Corporation owns 260,010 shares or 0% of their US portfolio. Citadel Advsrs Ltd reported 0% in 1st Source Corporation (NASDAQ:SRCE). Goldman Sachs Grp Inc reported 67,366 shares. Rmb Cap Mngmt Ltd reported 0.02% stake. Sei Comm reported 0% in 1st Source Corporation (NASDAQ:SRCE). Credit Suisse Ag owns 22,724 shares for 0% of their portfolio. Prudential accumulated 23,512 shares. Denali Advisors Ltd Liability accumulated 79 shares. State Street Corporation owns 329,279 shares. Moreover, Renaissance Limited Co has 0.01% invested in 1st Source Corporation (NASDAQ:SRCE). Hotchkis & Wiley Capital Management Limited Liability has 0% invested in 1st Source Corporation (NASDAQ:SRCE) for 16,536 shares. Rhumbline Advisers reported 26,946 shares. North Star Investment Management holds 0.03% or 5,349 shares. 3,089 are owned by Macquarie Grp Ltd.

Since March 9, 2018, it had 1 buy, and 1 insider sale for $441,072 activity. Egidi Allison N sold $443,750 worth of stock or 8,500 shares.

Analysts expect 1st Source Corporation (NASDAQ:SRCE) to report $0.86 EPS on July, 19.They anticipate $0.22 EPS change or 34.38 % from last quarter’s $0.64 EPS. SRCE’s profit would be $22.33 million giving it 16.06 P/E if the $0.86 EPS is correct. After having $0.73 EPS previously, 1st Source Corporation’s analysts see 17.81 % EPS growth. The stock increased 0.55% or $0.3 during the last trading session, reaching $55.23. About 33,823 shares traded. 1st Source Corporation (NASDAQ:SRCE) has risen 14.75% since June 15, 2017 and is uptrending. It has outperformed by 2.18% the S&P500.

1st Source Corporation operates as the bank holding firm for 1st Source Bank that provides commercial and consumer banking services, trust and investment management services, and insurance to individual and business clients. The company has market cap of $1.43 billion. The Company’s consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; on-line and mobile banking products; automated teller machine services; consumer loans, real estate loans, and lines of credit; and financial planning, financial literacy, and other consultative services. It has a 21.24 P/E ratio. The firm also offers commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and acquisition financing; and commercial leasing, treasury management, and retirement planning services.

1st Source Corporation (NASDAQ:SRCE) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.