1st Source Company Insiders
| SRCE Stock | USD 62.78 1.69 2.77% |
1st Source employs about 1.2 K people. The company is managed by 13 executives with a total tenure of roughly 36 years, averaging almost 2.0 years of service per executive, having 92.69 employees per reported executive. Evaluation of 1st Source's management performance can provide insight into the firm performance.
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1st Source Management Team Effectiveness
The company has return on total asset (ROA) of 0.015 % which means that it generated a profit of $0.015 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1179 %, meaning that it created $0.1179 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.1st Source Workforce Comparison
1st Source is currently regarded as top stock in number of employees category among its peers. The total workforce of Financials industry is at this time estimated at about 5,827. 1st Source totals roughly 1,205 in number of employees claiming about 21% of equities under Financials industry.
The company has Profit Margin (PM) of 0.35 %, 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 0.44 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.44. 1st Source Insider Trading
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.
Ozark Timothy K over a week ago Acquisition by Ozark Timothy K of 262 shares of 1st Source at 60.94 subject to Rule 16b-3 | ||
Murphy Carmen C over two weeks ago Disposition of 4000 shares by Murphy Carmen C of 1st Source subject to Rule 16b-3 | ||
Brett Bauer over three weeks ago Acquisition by Brett Bauer of 1558 shares of 1st Source subject to Rule 16b-3 | ||
Graham Tracy D over a month ago Acquisition by Graham Tracy D of 223 shares of 1st Source at 62.75 subject to Rule 16b-3 | ||
Shrewsbury Ronda over three months ago Acquisition by Shrewsbury Ronda of 2131 shares of 1st Source at 50.48 subject to Rule 16b-3 | ||
Murphy Christopher J Iii over three months ago Disposition of 4000 shares by Murphy Christopher J Iii of 1st Source subject to Rule 16b-3 | ||
Schwabero Mark D over three months ago Acquisition by Schwabero Mark D of 180 shares of 1st Source at 60.94 subject to Rule 16b-3 | ||
Graham Tracy D over six months ago Acquisition by Graham Tracy D of 131 shares of 1st Source at 64.41 subject to Rule 16b-3 |
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 | |
| John JD | Chief VP | Profile | |
| Greg Brown | Pres Division | Profile | |
| Lawrence Mayers | Regional Bank | Profile | |
| Brett Bauer | CFO VP | 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.
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. As of December 31, 2021, the company operated through 79 banking centers in 18 counties in Indiana and Michigan, as well as Sarasota County in Florida. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana. 1st Source operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1130 people.
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 | 401.7K | |
| Revenue Per Executive | 37.2M | |
| Net Income Per Employee | 110.1K | |
| Net Income Per Executive | 10.2M |
Complementary Tools for 1st Stock analysis
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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