1st Source Corporation Reports First Quarter Results, Cash Dividend Declared [Yahoo! Finance]
1st Source Corporation (SRCE)
Last 1st source corporation earnings: 4/23 09:20 am
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US:NASDAQ Investor Relations:
firstsource.com/investors
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Source: Yahoo! Finance
Diluted net income per common share was $1.19, up $0.04 or 3.48% from the previous quarter and down $0.06 or 4.80% from the prior year's first quarter of $1.25. Cash dividend of $0.34 per common share was approved, up 6.25% from the cash dividend declared a year ago. Average loans and leases grew $116.21 million in the first quarter, up 1.82% (7.28% annualized growth) from the previous quarter and $467.87 million, up 7.75% from the first quarter of 2023. Tax-equivalent net interest income was $72.06 million, up $0.57 million or 0.79% from fourth quarter 2023 and up $2.27 million or 3.26% from the first quarter a year ago. Tax-equivalent net interest margin was 3.54%, up three basis points from the previous quarter and down six basis points from the first quarter a year ago. Net charge-offs of $6.12 million or 0.38% of average loans and leases occurred during the quarter. South Bend, Indiana--(Newsfile Corp. - April 25, 2024) - 1st Source Corporation (NASDAQ: SRCE), parent co
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SRCE
News
- 1st Source Corporation Announces the Promotion of Andrea Short to President [Yahoo! Finance]Yahoo! Finance
- 1st Source Co. (NASDAQ: SRCE) had its price target raised by analysts at Piper Sandler from $59.00 to $60.00. They now have an "overweight" rating on the stock.MarketBeat
- 1st Source Bank Named One of America's Best Banks by Forbes [Yahoo! Finance]Yahoo! Finance
- 1st Source Bank expands footprint to Lake County [Yahoo! Finance]Yahoo! Finance
- Down -5.28% in 4 Weeks, Here's Why You Should You Buy the Dip in 1st Source (SRCE) [Yahoo! Finance]Yahoo! Finance
SRCE
Earnings
- 4/25/24 - Beat
SRCE
Sec Filings
- 5/1/24 - Form 8-K
- 4/26/24 - Form 8-K
- 4/25/24 - Form 10-Q
- SRCE's page on the SEC website