SRCE
1st Source Corp
Price:  
65.47 
USD
Volume:  
195,934.00
United States | Banks
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SRCE Fair Value

-21.48 %
Upside

As of 2024-07-27, the Fair Value of 1st Source Corp (SRCE) is 51.41 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 65.47 USD, the upside of 1st Source Corp is -21.48%.

65.47 USD
Stock Price
51.41 USD
Fair Price
FAIR VALUE CALCULATION

SRCE Fair Value

Peter Lynch's formula is:

SRCE Fair Value
= Earnings Growth Rate x TTM EPS
SRCE Fair Value
= 10.21 x 5.03
SRCE Fair Value
= 51.41

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 92.00 81.40 118.50 120.50 124.93 107.47
YoY growth 11.65% -11.52% 45.58% 1.69% 3.67% 10.21%

SRCE Fair Value - Key Data

Market Cap (mil) 1,603.36
P/E 13.01x
Forward P/E 12.71x
EPS 5.03
Avg earnings growth rate 10.21%
TTM earnings 123.26