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1st Source (1st Source) FCF Margin % : 43.99% (As of Mar. 2024)


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What is 1st Source FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. 1st Source's Free Cash Flow for the three months ended in Mar. 2024 was $41.4 Mil. 1st Source's Revenue for the three months ended in Mar. 2024 was $94.1 Mil. Therefore, 1st Source's FCF Margin % for the quarter that ended in Mar. 2024 was 43.99%.

As of today, 1st Source's current FCF Yield % is 14.07%.

The historical rank and industry rank for 1st Source's FCF Margin % or its related term are showing as below:

SRCE' s FCF Margin % Range Over the Past 10 Years
Min: 14.65   Med: 44.79   Max: 49.27
Current: 47.86


During the past 13 years, the highest FCF Margin % of 1st Source was 49.27%. The lowest was 14.65%. And the median was 44.79%.

SRCE's FCF Margin % is ranked better than
71.57% of 1428 companies
in the Banks industry
Industry Median: 27.88 vs SRCE: 47.86


1st Source FCF Margin % Historical Data

The historical data trend for 1st Source's FCF Margin % 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 FCF Margin % Chart

1st Source Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.41 45.99 48.67 48.81 49.27

1st Source Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Margin % 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 49.57 48.16 54.62 44.61 43.99

Competitive Comparison of 1st Source's FCF Margin %

For the Banks - Regional subindustry, 1st Source's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, 1st Source's FCF Margin % distribution charts can be found below:

* The bar in red indicates where 1st Source's FCF Margin % falls into.



1st Source FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

1st Source's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=181.956/369.27
=49.27 %

1st Source's FCF Margin for the quarter that ended in Mar. 2024 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=41.385/94.071
=43.99 %

* 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.


1st Source FCF Margin % Related Terms

Thank you for viewing the detailed overview of 1st Source's FCF Margin % 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