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1st Source (1st Source) Shares Outstanding (EOP) : 24.5 Mil (As of Mar. 2024)


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What is 1st Source Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. 1st Source's shares outstanding for the quarter that ended in Mar. 2024 was 24.5 Mil.

1st Source's quarterly shares outstanding increased from Dec. 2023 (24.4 Mil) to Mar. 2024 (24.5 Mil). It means 1st Source issued new shares from Dec. 2023 to Mar. 2024 .

1st Source's annual shares outstanding declined from Dec. 2022 (24.7 Mil) to Dec. 2023 (24.4 Mil). It means 1st Source bought back shares from Dec. 2022 to Dec. 2023 .


1st Source Shares Outstanding (EOP) Historical Data

The historical data trend for 1st Source's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

1st Source Shares Outstanding (EOP) Chart

1st Source Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.51 25.39 24.74 24.66 24.43

1st Source Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.70 24.68 24.43 24.43 24.48

Competitive Comparison of 1st Source's Shares Outstanding (EOP)

For the Banks - Regional subindustry, 1st Source's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


1st Source's Shares Outstanding (EOP) Distribution in the Banks Industry

For the Banks industry and Financial Services sector, 1st Source's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where 1st Source's Shares Outstanding (EOP) falls into.



1st Source Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


1st Source  (NAS:SRCE) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


1st Source Shares Outstanding (EOP) Related Terms

Thank you for viewing the detailed overview of 1st Source's Shares Outstanding (EOP) provided by GuruFocus.com. Please click on the following links to see related term pages.


1st Source (1st Source) Business Description

Traded in Other Exchanges
N/A
Address
100 North Michigan Street, South Bend, IN, USA, 46601
1st Source Corp along with its subsidiary offers banking services. The bank provides Commercial, Agricultural, and Real Estate Loans which are given to privately owned business clients mainly located within regional market area, Consumer Services that consists of full range of consumer banking products and services, Trust and Wealth Advisory Services which includes wide range of trust, investment, agency, and custodial services for individual, corporate, and not-for-profit clients, and Specialty Finance Group Services that provide a broad range of comprehensive equipment loan and lease products addressing the financing needs of a broad array of companies.
Executives
Daniel B Fitzpatrick director 4220 EDISON LAKES PKWY, C/O QUALITY DINING INC, MISHAWAKA IN 46545
Mark D Schwabero director BRUNSWICK CORPORATION, 1 N FIELD COURT, LAKE FOREST IL 60045
Isaac P. Torres director P O BOX 1602, SOUTH BEND IN 46634
Brett A. Bauer officer: Treasurer and CFO P O BOX 1602, SOUTH BEND IN 46634
Andrea G Short officer: Treasurer and CFO PO BOX 1602, SOUTH BEND IN 46634
Weybright Ronda Shrewsbury director P O BOX 1602, SOUTH BEND IN 46634
Tracy D Graham director PO BOX 1602, SOUTH BEND IN 46634
John T Phair director P.O. BOX 1602, SOUTH BEND IN 46634
Melody Birmingham-byrd director PO BOX 1602, SOUTH BEND IN 46634
Todd F. Schurz director P O BOX 1602, SOUTH BEND IN 46634
Murphy Christopher J Iii director, officer: Chairman, CEO P O BOX 1602, SOUTH BEND IN 46634
Carmen C Murphy 10 percent owner 1237 EAST JEFFERSON BOULEVARD, SOUTH BEND IN 46617
John B Griffith officer: Sr. VP/Secy. 1st Source Bank P O BOX 1602, SOUTH BEND IN 46634
John Afleck-graves director 3820 EDISON LAKES PARKWAY, MISHAWAKA IN 46545
Jeffrey L Buhr officer: Senior Vice President PO BOX 1602, SOUTH BEND IN 46634