Central Securities vs 1st Source

This page compares Central Securities Corp and 1st Source Corp, examining their business models, financial performance and market context. It presents objective information to help readers understand how each organisation operates, where strengths may lie, and how factors in the sector influence outcomes. Educational content, not financial advice.

Comparison Snapshot

Key Financial Metrics

CET

Metric

SRCE

$1.48B

Market Cap

$1.59B

N/A

Potential Profit

7.81%

N/A

Analyst Rating

Hold

Investment Analysis

Central Securities

CET

Pros

Central Securities Corp has a long history dating back to 1929, indicating stability and experience in investment management.
The company reported a strong revenue increase of 11.75% in 2024, reaching $23.70 million, and net income growth of 28.77%.
Central Securities offers a relatively high dividend yield of approximately 4.5%, providing income potential alongside capital growth.

Considerations

The stock has a relatively low trading volume, which may limit liquidity and increase price volatility.
Its investment portfolio focuses mainly on public equities and various convertible and preferred securities, which may expose it to market volatility and economic cycles.
Central Securities’ Price-to-Earnings ratio is very low compared to sector averages, which could indicate undervaluation but also raises questions about future growth prospects.

1st Source

SRCE

Pros

1st Source Corporation operates a well-diversified banking and financial services model including commercial, agricultural, and real estate loans.
The company has a solid return on equity normalized at 13.36%, indicating efficient capital use in generating profits.
1st Source maintains a moderate dividend yield around 2.28% with a low payout ratio of 25%, suggesting sustainability in dividend payments.

Considerations

As a regional bank, 1st Source is exposed to local economic conditions which can limit growth and increase cyclicality risks.
The stock has experienced a moderate range in price over the past year, reflecting some volatility and market sensitivity.
Its price-to-book ratio of 1.25 suggests the stock may be valued close to or slightly above book value, possibly limiting immediate valuation upside.

About The Companies

Central Securities (CET)

Central Securities Corp is a non-diversified, closed-end investment management company. Its primary goal is to achieve long-term capital growth, with income generation being a secondary focus. The company invests mainly in a concentrated portfolio of equity securities, meaning it holds shares in a limited number of companies for the long term. This approach allows it to be selective, potentially selling securities if they become overvalued or if more promising opportunities arise elsewhere. While it invests across various sectors like technology, healthcare, and finance, its non-diversified nature means its performance can be heavily influenced by the success of a smaller number of holdings. An investment in CET provides exposure to its managed portfolio of stocks. As with any investment, the value can go down as well as up, and returns are not guaranteed.

1st Source (SRCE)

1st Source Corporation is a bank holding company that, through its subsidiaries, provides a broad range of financial products and services. Its main subsidiary, 1st Source Bank, offers commercial and consumer banking, alongside trust and wealth advisory services, to individuals and businesses. The bank has a strong regional presence, operating through dozens of banking centres across Indiana, Michigan, and Florida. Uniquely, it also provides specialised financing for assets like construction equipment, private aircraft, and commercial vehicle fleets. Another subsidiary, 1st Source Insurance, Inc., offers property, casualty, health, and life insurance. This diversified model allows the company to serve various financial needs, from everyday banking to complex financing and insurance. As with any investment, the value can go down as well as up, and returns are not guaranteed. This information is for educational purposes and is not financial advice.

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Central Securities vs 1st Source

Comparison Snapshot

Investment Analysis

Central Securities

Pros

Considerations

1st Source

Pros

Considerations

About The Companies

Buy CET or SRCE in Nemo

Zero Commission

Trusted & Regulated

6% Interest on Cash

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Frequently asked questions

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Central Securities vs 1st Source

Comparison Snapshot

Investment Analysis

Central Securities

Pros

Considerations

1st Source

Pros

Considerations

About The Companies

Buy CET or SRCE in Nemo

Zero Commission

Trusted & Regulated

6% Interest on Cash

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Frequently asked questions

What type of organisations are Central Securities Corp and 1st Source Corp, and why is that important for comparison?

What does a dividend yield tell you, and how does it appear in the comparison between the two stocks?

How should different growth indicators be interpreted in this comparison?

What does return on equity (ROE) tell us about these two companies?

What role does price-to-earnings (P/E) or price-to-book (P/B) play in this comparison?

How might market liquidity affect the two stocks?

Why does regional exposure matter for 1st Source in market terms?

What does diversification tell us about the two companies?

How should an investor interpret the sector context alongside the numbers?

What is the educational purpose of this stock comparison page?

Is there any essential disclaimer I should note while using this page?

Comparison Snapshot

About The Companies