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1St Source ( (SRCE) ) just unveiled an update.
1st Source Corporation has launched instant payment systems, Real Time Payments (RTP) and FedNow, in 2023, significantly enhancing its transaction capabilities with over $345 million processed and 298,000 transactions completed. The company’s renewable energy financing division has made substantial investments, with over $573 million in loans and leases and $180 million in tax equity investments as of June 30, 2025, contributing to significant environmental impact by reducing carbon emissions.
The most recent analyst rating on (SRCE) stock is a Hold with a $69.00 price target. To see the full list of analyst forecasts on 1St Source stock, see the SRCE Stock Forecast page.
Spark’s Take on SRCE Stock
According to Spark, TipRanks’ AI Analyst, SRCE is a Neutral.
1st Source’s overall stock score is driven by its solid financial performance and attractive valuation, though tempered by weak technical indicators. The company’s innovative initiatives in renewable energy and payment systems further bolster its position, yet market sentiment remains cautious due to current price trends.
To see Spark’s full report on SRCE stock, click here.
More about 1St Source
1st Source Corporation is a community bank with a $9.1 billion valuation, headquartered in South Bend, Indiana. It offers a wide range of services including business and personal banking, investment management, and renewable energy financing. The company has a national and international footprint in specialty finance, providing services such as auto and truck leasing, construction machinery financing, and aircraft financing.
Average Trading Volume: 95,644
Technical Sentiment Signal: Buy
Current Market Cap: $1.45B
For detailed information about SRCE stock, go to TipRanks’ Stock Analysis page.