1st Source Stock Total Asset

SRCE Stock  USD 62.28  0.09  0.14%   
1st Source fundamentals help investors to digest information that contributes to 1st Source's financial success or failures. It also enables traders to predict the movement of 1st Stock. The fundamental analysis module provides a way to measure 1st Source's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 1st Source stock.
Last ReportedProjected for Next Year
Total Assets8.9 B4.6 B
Intangibles To Total Assets 0.01  0.02 
The current year's Intangibles To Total Assets is expected to grow to 0.02, whereas Total Assets are forecasted to decline to about 4.6 B.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

1st Source Company Total Asset Analysis

1st Source's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current 1st Source Total Asset

    
  8.93 B  
Most of 1st Source's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 1st Source is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

1st Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for 1st Source is extremely important. It helps to project a fair market value of 1st Stock properly, considering its historical fundamentals such as Total Asset. Since 1st Source's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of 1st Source's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of 1st Source's interrelated accounts and indicators.
0.80.440.731.0-0.150.30.730.960.480.48-0.850.140.61-0.580.89-0.58-0.180.64-0.570.820.69-0.02
0.80.380.930.8-0.160.490.90.790.430.62-0.87-0.040.64-0.630.84-0.76-0.140.83-0.590.810.78-0.57
0.440.380.250.430.210.720.510.280.01-0.16-0.280.020.60.10.17-0.45-0.110.10.110.080.250.1
0.730.930.250.73-0.420.570.690.80.530.54-0.92-0.240.37-0.790.84-0.62-0.370.97-0.50.860.91-0.65
1.00.80.430.73-0.150.30.730.960.490.49-0.860.140.6-0.590.89-0.58-0.190.65-0.570.830.69-0.02
-0.15-0.160.21-0.42-0.15-0.180.24-0.32-0.290.130.420.350.470.8-0.37-0.170.32-0.580.05-0.47-0.590.24
0.30.490.720.570.3-0.180.370.310.04-0.14-0.41-0.470.22-0.20.26-0.43-0.420.50.190.280.64-0.47
0.730.90.510.690.730.240.370.630.280.62-0.660.110.87-0.290.65-0.780.050.53-0.540.580.48-0.38
0.960.790.280.80.96-0.320.310.630.520.5-0.90.040.41-0.710.95-0.52-0.270.76-0.580.920.8-0.14
0.480.430.010.530.49-0.290.040.280.520.56-0.660.250.17-0.530.46-0.03-0.640.52-0.290.440.44-0.18
0.480.62-0.160.540.490.13-0.140.620.50.56-0.550.260.48-0.40.55-0.48-0.110.48-0.590.520.26-0.41
-0.85-0.87-0.28-0.92-0.860.42-0.41-0.66-0.9-0.66-0.550.01-0.370.83-0.920.560.34-0.890.62-0.89-0.830.37
0.14-0.040.02-0.240.140.35-0.470.110.040.250.260.010.220.140.1-0.120.22-0.37-0.34-0.06-0.340.43
0.610.640.60.370.60.470.220.870.410.170.48-0.370.220.040.34-0.660.090.18-0.260.240.17-0.06
-0.58-0.630.1-0.79-0.590.8-0.2-0.29-0.71-0.53-0.40.830.140.04-0.810.280.23-0.860.54-0.85-0.770.39
0.890.840.170.840.89-0.370.260.650.950.460.55-0.920.10.34-0.81-0.59-0.10.8-0.740.970.79-0.28
-0.58-0.76-0.45-0.62-0.58-0.17-0.43-0.78-0.52-0.03-0.480.56-0.12-0.660.28-0.59-0.06-0.470.45-0.49-0.420.37
-0.18-0.14-0.11-0.37-0.190.32-0.420.05-0.27-0.64-0.110.340.220.090.23-0.1-0.06-0.4-0.32-0.13-0.460.26
0.640.830.10.970.65-0.580.50.530.760.520.48-0.89-0.370.18-0.860.8-0.47-0.4-0.450.850.92-0.66
-0.57-0.590.11-0.5-0.570.050.19-0.54-0.58-0.29-0.590.62-0.34-0.260.54-0.740.45-0.32-0.45-0.7-0.290.14
0.820.810.080.860.83-0.470.280.580.920.440.52-0.89-0.060.24-0.850.97-0.49-0.130.85-0.70.84-0.37
0.690.780.250.910.69-0.590.640.480.80.440.26-0.83-0.340.17-0.770.79-0.42-0.460.92-0.290.84-0.55
-0.02-0.570.1-0.65-0.020.24-0.47-0.38-0.14-0.18-0.410.370.43-0.060.39-0.280.370.26-0.660.14-0.37-0.55
Click cells to compare fundamentals

1st Total Asset Historical Pattern

Today, most investors in 1st Source Stock are looking for potential investment opportunities by analyzing not only static indicators but also various 1st Source's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of 1st Source total asset as a starting point in their analysis.
   1st Source Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

1st Total Assets

Total Assets

4.64 Billion

At present, 1st Source's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, 1st Source has a Total Asset of 8.93 B. This is 96.37% lower than that of the Banks sector and significantly higher than that of the Financials industry. The total asset for all United States stocks is 69.69% higher than that of the company.

1st Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 1st Source's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of 1st Source could also be used in its relative valuation, which is a method of valuing 1st Source by comparing valuation metrics of similar companies.
1st Source is currently under evaluation in total asset category among its peers.

1st Source Current Valuation Drivers

We derive many important indicators used in calculating different scores of 1st Source from analyzing 1st Source's financial statements. These drivers represent accounts that assess 1st Source's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of 1st Source's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap1.0B1.2B1.3B1.4B1.4B1.5B
Enterprise Value1.1B1.3B1.4B1.6B1.5B1.6B

1st Source ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, 1st Source's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to 1st Source's managers, analysts, and investors.
Environmental
Governance
Social

1st Source Institutional Holders

Institutional Holdings refers to the ownership stake in 1st Source that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of 1st Source's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing 1st Source's value.
Shares
Millennium Management Llc2024-12-31
203.9 K
Bridgeway Capital Management, Llc2024-12-31
196.6 K
Northern Trust Corp2024-12-31
184.4 K
Kennedy Capital Management Inc2024-12-31
176.9 K
Goldman Sachs Group Inc2024-12-31
163.9 K
Renaissance Technologies Corp2024-12-31
142 K
Nuveen Asset Management, Llc2024-12-31
139 K
Fmr Inc2024-12-31
132.8 K
Morgan Stanley - Brokerage Accounts2024-12-31
126 K
1st Source Bank2024-12-31
5.3 M
Blackrock Inc2024-12-31
M

1st Fundamentals

About 1st Source Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 1st Source's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 1st Source using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 1st Source based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether 1st Source is a strong investment it is important to analyze 1st Source's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 1st Source's future performance. For an informed investment choice regarding 1st Stock, refer to the following important reports:
Check out 1st Source Piotroski F Score and 1st Source Altman Z Score analysis.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 1st Source. If investors know 1st will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 1st Source listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.102
Dividend Share
1.42
Earnings Share
5.36
Revenue Per Share
15.295
Quarterly Revenue Growth
0.063
The market value of 1st Source is measured differently than its book value, which is the value of 1st that is recorded on the company's balance sheet. Investors also form their own opinion of 1st Source's value that differs from its market value or its book value, called intrinsic value, which is 1st Source's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 1st Source's market value can be influenced by many factors that don't directly affect 1st Source's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 1st Source's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1st Source is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1st Source's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.