1st Source traded at $68.00 this Monday February 23rd, decreasing $2.59 or 3.67 percent since the previous trading session. Looking back, over the last four weeks, 1st Source lost 1.51 percent. Over the last 12 months, its price rose by 5.75 percent. Looking ahead, we forecast 1st Source to be priced at 68.40 by the end of this quarter and at 62.24 in one year, according to Trading Economics global macro models projections and analysts expectations.
1st Source Corporation is a bank holding company. The Company through its subsidiary, 1st Source Bank offers a range of consumer and commercial banking services through its lending operations, retail branches and fee-based businesses. 1st Source Bank provides commercial, small business, agricultural and real estate loans to primarily privately owned business clients. Loans are made for a variety of general corporate purposes, including financing for industrial and commercial properties, financing for equipment, inventories and accounts receivable, renewable energy financing, and acquisition financing. 1st Source Bank provides a range of consumer banking products and services through its banking centers and at 1stsource.com. 1st Source also offers insurance products through 1st Source Insurance offices or in its banking centers. The traditional banking services include checking and savings accounts, certificates of deposits and Individual Retirement Accounts.