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1st Source Valuation Multiples
Discover revenue and EBITDA valuation multiples for 1st Source and similar public comparables like Live Oak Bank, National Bank of Oman, Al Salam Bank, MCB Bank and more.
1st Source Overview
About 1st Source
1st Source Corp provides specialized financing services for construction equipment, aircraft, and vehicle types through its Specialty Finance activities. The company offers commercial, small business, agricultural, and real estate loans, along with commercial leasing, treasury management, and payment services, including Fedwires, ACH, and merchant services. It also provides Renewable Energy Financing for commercial solar projects, a full range of consumer banking products, Trust and Wealth Advisory Services, and insurance products. The company operates in the commercial banking segment, which provides commercial and consumer banking services, trust and wealth advisory services, and insurance to individual and business clients across its markets.
Founded
1971
HQ
Employees
1.2K
Website
Sectors
Financials (LTM)
EV
$2B
1st Source Financials
1st Source reported last 12-month revenue of $440M.
In the same LTM period, 1st Source generated $159M in net income.
Revenue (LTM)
1st Source P&L
In the most recent fiscal year, 1st Source reported revenue of $435M and net income of $158M.
1st Source expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $440M | XXX | $435M | XXX | XXX | XXX |
| EBIT Margin | 52% | XXX | 52% | XXX | XXX | XXX |
| Net Profit | $159M | XXX | $158M | XXX | XXX | XXX |
| Net Margin | 36% | XXX | 36% | XXX | XXX | XXX |
| Net Debt | — | — | $131M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
1st Source Stock Performance
1st Source has current market cap of $2B, and enterprise value of $2B.
Market Cap Evolution
1st Source's stock price is $68.68.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $2B | 0.0% | XXX | XXX | XXX | $6.51 |
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Start Free Trial1st Source Valuation Multiples
1st Source trades at 4.3x EV/Revenue multiple.
EV / Revenue (LTM)
1st Source Financial Valuation Multiples
As of April 1, 2026, 1st Source has market cap of $2B and EV of $2B.
Equity research analysts estimate 1st Source's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
1st Source has a P/E ratio of 10.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 4.3x | XXX | 4.3x | XXX | XXX | XXX |
| EV/EBIT | 8.2x | XXX | 8.3x | XXX | XXX | XXX |
| P/E | 10.5x | XXX | 10.6x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 8.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified 1st Source Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
1st Source Margins & Growth Rates
1st Source's revenue in the last 12 month grew by 4%.
1st Source's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.2M for the same period.
1st Source Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | 5% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 2% | XXX | 2% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 31% | XXX | XXX | XXX |
| Opex to Revenue | 50% | XXX | 50% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
1st Source Public Comps
See public comps and valuation multiples for other Commercial Banking comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Live Oak Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| National Bank of Oman | XXX | XXX | XXX | XXX | XXX | XXX |
| Al Salam Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| MCB Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| Banca Ifis | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
1st Source M&A Activity
1st Source acquired XXX companies to date.
Last acquisition by 1st Source was on XXXXXXXX, XXXXX. 1st Source acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by 1st Source
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial1st Source Investment Activity
1st Source invested in XXX companies to date.
1st Source made its latest investment on XXXXXXXX, XXXXX. 1st Source invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by 1st Source
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout 1st Source
| When was 1st Source founded? | 1st Source was founded in 1971. |
| Where is 1st Source headquartered? | 1st Source is headquartered in United States. |
| How many employees does 1st Source have? | As of today, 1st Source has over 1K employees. |
| Who is the CEO of 1st Source? | 1st Source's CEO is Andrea G. Short. |
| Is 1st Source publicly listed? | Yes, 1st Source is a public company listed on Nasdaq. |
| What is the stock symbol of 1st Source? | 1st Source trades under SRCE ticker. |
| When did 1st Source go public? | 1st Source went public in 1983. |
| Who are competitors of 1st Source? | 1st Source main competitors are Live Oak Bank, National Bank of Oman, Al Salam Bank, MCB Bank. |
| What is the current market cap of 1st Source? | 1st Source's current market cap is $2B. |
| What is the current revenue of 1st Source? | 1st Source's last 12 months revenue is $440M. |
| What is the current revenue growth of 1st Source? | 1st Source revenue growth (NTM/LTM) is 4%. |
| What is the current EV/Revenue multiple of 1st Source? | Current revenue multiple of 1st Source is 4.3x. |
| Is 1st Source profitable? | Yes, 1st Source is net-income-positive (as of the last 12 months). |
| What is the current net income of 1st Source? | 1st Source's last 12 months net income is $159M. |
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