1st Source Profit margin
What is the Profit margin of 1st Source?
The Profit margin of 1st Source Corp. is 34.38%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Finance sector on NASDAQ compared to 1st Source
What does 1st Source do?
founded in 1863 in south bend, indiana, 1st source has offered clients a convenient and friendly way to bank for over 150 years. at 1st source, we’ll listen to you, understand your needs and always keep your best interests in mind. we are a top rated bank and have been recognized for our integrity and the exceptional services we provide to our clients. global and national recognition: 5 star “superior” rating from bauerfinancial – highest rating possible. based on capital ratio, profitability/loss trend, credit quality and cra ratings named to bank honor roll of superior performers by kbw, inc., 2012 - 2015 bank performance scorecard by bank director magazine - #8 of 93 banks on 2014 list, based on profitability, capital strength and credit quality bank director magazine nifty fifty, #43 on 2014 list of best users of capital based on profitability and capital strength top 15th percentile of community banks by seifried & brew the bank remains the largest locally controlled fi
Companies with profit margin similar to 1st Source
- KeyCorp has Profit margin of 34.17%
- Triton International Ltd has Profit margin of 34.24%
- P10 has Profit margin of 34.27%
- MarketAxess has Profit margin of 34.29%
- CF Bankshares Inc has Profit margin of 34.32%
- Suven Life Sciences has Profit margin of 34.37%
- 1st Source has Profit margin of 34.38%
- Aktia Pankki Oyj has Profit margin of 34.38%
- FP Newspapers has Profit margin of 34.39%
- Trulieve Cannabis has Profit margin of 34.41%
- Gujarat Pipavav Port has Profit margin of 34.42%
- Gujarat Pipavav Port has Profit margin of 34.42%
- Pardee Resources Co has Profit margin of 34.44%