1st Source Corporation
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 in the United States. The company's consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; online and … Read more
1st Source Corporation (SRCE) - Total Assets
Latest total assets as of December 2025: $9.06 Billion USD
Based on the latest financial reports, 1st Source Corporation (SRCE) holds total assets worth $9.06 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
1st Source Corporation - Total Assets Trend (1989–2025)
This chart illustrates how 1st Source Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
1st Source Corporation - Asset Composition Analysis
Current Asset Composition (December 2025)
1st Source Corporation's total assets of $9.06 Billion consist of 17.6% current assets and 82.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.8% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $83.89 Million | 0.9% |
Asset Composition Trend (1989–2025)
This chart illustrates how 1st Source Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: 1st Source Corporation's current assets represent 17.6% of total assets in 2025, an increase from 6.7% in 1989.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2025, down from 6.7% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1989.
- Asset Diversification: The largest asset category is goodwill at 0.9% of total assets.
1st Source Corporation Competitors by Total Assets
Key competitors of 1st Source Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
1st Source Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - 1st Source Corporation generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, 1st Source Corporation generates $ 1.75 in net profit.
1st Source Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 12.62 | 0.14 | 0.21 |
| Quick Ratio | 12.62 | 0.14 | 0.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.47 Billion | $ -6.46 Billion | $ -5.05 Billion |
1st Source Corporation - Advanced Valuation Insights
This section examines the relationship between 1st Source Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.35 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 1.4% |
| Total Assets | $9.06 Billion |
| Market Capitalization | $1.20 Billion USD |
Valuation Analysis
Below Book Valuation: The market values 1st Source Corporation's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: 1st Source Corporation's assets grew by 1.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for 1st Source Corporation (1989–2025)
The table below shows the annual total assets of 1st Source Corporation from 1989 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $9.06 Billion | +1.38% |
| 2024-12-31 | $8.93 Billion | +2.34% |
| 2023-12-31 | $8.73 Billion | +4.66% |
| 2022-12-31 | $8.34 Billion | +3.00% |
| 2021-12-31 | $8.10 Billion | +10.66% |
| 2020-12-31 | $7.32 Billion | +10.47% |
| 2019-12-31 | $6.62 Billion | +5.23% |
| 2018-12-31 | $6.29 Billion | +6.90% |
| 2017-12-31 | $5.89 Billion | +7.31% |
| 2016-12-31 | $5.49 Billion | +5.75% |
| 2015-12-31 | $5.19 Billion | +7.41% |
| 2014-12-31 | $4.83 Billion | +2.27% |
| 2013-12-31 | $4.72 Billion | +3.78% |
| 2012-12-31 | $4.55 Billion | +4.04% |
| 2011-12-31 | $4.37 Billion | -1.60% |
| 2010-12-31 | $4.45 Billion | -2.13% |
| 2009-12-31 | $4.54 Billion | +1.75% |
| 2008-12-31 | $4.46 Billion | +0.38% |
| 2007-12-31 | $4.45 Billion | +16.80% |
| 2006-12-31 | $3.81 Billion | +8.43% |
| 2005-12-31 | $3.51 Billion | -1.47% |
| 2004-12-31 | $3.56 Billion | +7.01% |
| 2003-12-31 | $3.33 Billion | -2.27% |
| 2002-12-31 | $3.41 Billion | -4.36% |
| 2001-12-31 | $3.56 Billion | +11.96% |
| 2000-12-31 | $3.18 Billion | +10.77% |
| 1999-12-31 | $2.87 Billion | +5.16% |
| 1998-12-31 | $2.73 Billion | +12.98% |
| 1997-12-31 | $2.42 Billion | +16.27% |
| 1996-12-31 | $2.08 Billion | +15.59% |
| 1995-12-31 | $1.80 Billion | +13.66% |
| 1994-12-31 | $1.58 Billion | +6.38% |
| 1993-12-31 | $1.49 Billion | +6.28% |
| 1992-12-31 | $1.40 Billion | +8.05% |
| 1991-12-31 | $1.30 Billion | +6.68% |
| 1990-12-31 | $1.21 Billion | +2.08% |
| 1989-12-31 | $1.19 Billion | -- |