Is 1ST SOURCE CORP (SRCE) Halal?

NASDAQ Financial Services United States $1.7B
✗ NOT HALAL
Confidence: 95/100
1ST SOURCE CORP (SRCE) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
10.6
Forward: 10.0
EPS
$6.41
Dividend Yield
235.0%
Payout: 23.7%
P/B Ratio
1.3
Revenue
$434M
Growth: 16.8%
Beta
0.6
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 50.0%
Net Margin 37.6%
Return on Equity (ROE) 12.7%
Return on Assets (ROA) 1.8%

Cash Flow & Balance Sheet

Operating Cash Flow$223M
Free Cash Flow$213M
Total Debt$200M
Total Assets$9.1B

Price & Trading

Last Close$68.48
50-Day MA$68.03
200-Day MA$63.68
Avg Volume123K
Beta0.6
52-Week Range
$52.14
$71.98

About 1ST SOURCE CORP (SRCE)

CEO
Ms. Andrea Gayle Short CPA
Employees
1,190
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$1.7B
Currency
USD

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; health savings and individual retirement accounts; online and mobile banking products; consumer loans, real estate mortgage loans, and home equity lines of credit; and financial planning, financial literacy, and other consultative services, as well as debit and credit cards. It also provides commercial, small business, agricultural, and real estate loans for financing of industrial and commercial properties, equipment, inventories, accounts receivables, acquisition, and general corporate purposes; and commercial leasing, treasury management, payment services, Fedwires, ACH and merchant services, and retirement planning services, as well as construction and permanent loans, and tax equity investments for community solar, commercial and industrial, small utility scale, university, and municipal projects. In addition, the company offers trust, investment, agency, and custodial services for individual, estate and trust, corporate, and not-for-profit customers, as well as employee benefit plans and charitable foundations. Further, the company provides equipment loan and lease products for construction equipment, aircraft, auto and light trucks, and medium and heavy duty trucks; and financing services to construction equipment, new and pre-owned private and cargo aircraft, and various vehicle types for fleet purposes. Additionally, it offers property, casualty, individual and group health, and life insurance products and services for individuals and businesses; and owns and manages available-for-sale investment securities. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.

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Frequently Asked Questions

Is 1ST SOURCE CORP (SRCE) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), 1ST SOURCE CORP is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is 1ST SOURCE CORP's debt ratio?

1ST SOURCE CORP's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are 1ST SOURCE CORP's key financial metrics?

1ST SOURCE CORP has a market capitalization of $1.7B, trailing P/E ratio of 10.6, and revenue of $434M. Return on equity stands at 12.7%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.