MainSource Financial Group operates as the bank holding company for MainSource Bank. Through the Bank, the Company offers a range of financial services, including accepting time and transaction deposits; making consumer, commercial, agribusiness and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, such as letters of credit and repurchase agreements. The Bank offers various loans, such as commercial loans, commercial real estate loans, residential loans and consumer loans.

Employee Rating

2.9More
TypePublic
HQGreensburg, US
Founded1906
Size (employees)888 (est)
Websitemainsourcebank.com
MainSource Financial was founded in 1906 and is headquartered in Greensburg, US
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Key People/Management at MainSource Financial

John Allshouse

John Allshouse

Wealth Advisor
John Enzweiler

John Enzweiler

Wealth Advisor
Paul Golias

Paul Golias

Wealth Advisor
Kevin Dubbink

Kevin Dubbink

Wealth Advisor
Christa Halsey

Christa Halsey

Wealth Advisor
Michael Spaeth

Michael Spaeth

Wealth Advisor
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MainSource Financial Office Locations

MainSource Financial has offices in Greensburg, Laurel, Batesville, Milroy and in 3 other locations
Greensburg, US (HQ)
3rd St
Batesville, US
1053 IN-229
Batesville, US
4 S Park Ave
Batesville, US
114 IN-46
Greensburg, US
201 N Broadway St
Greensburg, US
304 E 10th St
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MainSource Financial Financials and Metrics

MainSource Financial Revenue

MainSource Financial's revenue was reported to be $211.91 m in FY, 2017
USD

Revenue (FY, 2017)

211.9m

Gross profit (FY, 2017)

196.2m

Gross profit margin (FY, 2017), %

92.6%

EBIT (FY, 2017)

141.6m

Market capitalization (29-Mar-2018)

1.0b

Cash (31-Dec-2017)

97.5m

EV

979.8m
MainSource Financial's current market capitalization is $1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

101.3m102.8m161.4m180.9m211.9m

Revenue growth, %

2%8%63%

Cost of goods sold

8.4m10.7m15.7m

Gross profit

153.0m170.2m196.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

40.2m41.5m40.3m44.6m47.8m48.2m52.7m54.8m

Cost of goods sold

1.9m2.0m2.4m2.7m2.9m2.9m3.7m4.4m

Gross profit

38.2m39.4m38.0m41.9m44.9m45.3m49.0m50.4m

Gross profit Margin, %

95%95%94%94%94%94%93%92%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

61.3m62.5m67.6m86.6m97.5m

Accounts Receivable

Inventories

PP&E

56.0m60.5m63.0m76.4m82.4m
Quarterly
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

26.3m29.0m35.5m38.3m49.4m

Depreciation and Amortization

5.8m5.9m6.4m7.3m8.2m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

18.9m6.2m14.0m22.4m7.7m17.3m26.4m8.8m14.9m26.6m12.1m32.8m

Depreciation and Amortization

4.3m1.4m2.9m4.4m1.6m3.1m4.7m1.7m3.5m5.4m931.0k4.0m6.1m

Cash From Operating Activities

49.3m14.6m21.1m35.0m43.7m9.7m9.3m31.4m23.4m35.9m50.6m

Purchases of PP&E

(203.1m)(9.1m)(19.5m)(35.2m)(67.0m)(107.2m)(284.8m)(35.9m)(143.3m)(186.2m)(47.4m)(138.2m)(176.9m)
USDY, 2017

EV/EBIT

6.9 x

EV/CFO

14.9 x

Revenue/Employee

238.6k

Debt/Equity

0.1 x

Financial Leverage

8.7 x
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MainSource Financial Operating Metrics

MainSource Financial's Total Loans was reported to be $3b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Non-accrual Loans

$13.60 m$12.84 m$15.81 m

Non-performing Loans

$28.84 m$17.58 m$20.03 m$16.89 m$16.04 m$14.43 m$19.83 m$18.28 m$21.21 m$23.41 m$22.50 m

Total Loans

$1.75 b$1.97 b$2 b$2.08 b$2.02 b$2.16 b$2.55 b$2.58 b$2.41 b$2.61 b$3.03 b
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MainSource Financial Online and Social Media Presence

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MainSource Financial Company Life and Culture

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MainSource Financial Frequently Asked Questions

  • When was MainSource Financial founded?

    MainSource Financial was founded in 1906.

  • Who are MainSource Financial key executives?

    MainSource Financial's key executives are John Allshouse, John Enzweiler and Paul Golias.

  • How many employees does MainSource Financial have?

    MainSource Financial has 888 employees.

  • What is MainSource Financial revenue?

    Latest MainSource Financial annual revenue is $211.9 m.

  • What is MainSource Financial revenue per employee?

    Latest MainSource Financial revenue per employee is $238.6 k.

  • Who are MainSource Financial competitors?

    Competitors of MainSource Financial include Prosperity Bancshares, First United and Wilson Bank Holding Company .

  • Where is MainSource Financial headquarters?

    MainSource Financial headquarters is located at 3rd St, Greensburg.

  • Where are MainSource Financial offices?

    MainSource Financial has offices in Greensburg, Laurel, Batesville, Milroy and in 3 other locations.

  • How many offices does MainSource Financial have?

    MainSource Financial has 12 offices.