Investment Analysts’ Weekly Ratings Changes for 1st Source (SRCE)

Several analysts have recently updated their ratings and price targets for 1st Source (NASDAQ: SRCE):

• 7/28/2026 – 1st Source was downgraded by Weiss Ratings from “buy (a-)” to “buy (b+)”.
• 7/28/2026 – 1st Source had its price target raised by Piper Sandler from $88.00 to $100.00. They now have an “overweight” rating on the stock.
• 7/28/2026 – 1st Source was upgraded by Zacks Research from “hold” to “strong-buy”.
• 7/27/2026 – 1st Source had its price target raised by Keefe, Bruyette & Woods from $79.00 to $82.00. They now have a “market perform” rating on the stock.
• 7/27/2026 – 1st Source had its price target raised by DA Davidson from $77.00 to $87.00. They now have a “neutral” rating on the stock.
• 7/2/2026 – 1st Source had its “buy (a-)” rating reaffirmed by Weiss Ratings.

1st Source Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Tuesday, August 4th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.0%. The ex-dividend date is Tuesday, August 4th. This is a positive change from 1st Source’s previous quarterly dividend of $0.43. 1st Source’s payout ratio is presently 27.61%.

1st Source Corporation is a bank holding company headquartered in South Bend, Indiana, operating through its wholly owned subsidiary, 1st Source Bank. The company offers a full range of commercial and consumer banking products, including checking and savings accounts, business and commercial lending, residential mortgage loans, and cash management services. Its client base spans small and medium-sized businesses, agribusinesses, professional firms, and individual consumers primarily across northern Indiana and southwestern Michigan.

In addition to traditional banking services, 1st Source Corporation provides wealth management and trust services through its 1st Source Wealth Management division.