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1st Source Corporation: Fairly Valued And Conservative Management
Seeking Alpha· 2025-05-27 17:30
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...
1st Source Announces Promotion of Brian Duba to General Counsel and Secretary
Newsfile· 2025-05-20 22:49
1st Source Announces Promotion of Brian Duba to General Counsel and SecretaryMay 20, 2025 10:49 AM EDT | Source: 1st Source CorporationSouth Bend, Indiana--(Newsfile Corp. - May 20, 2025) - 1st Source Corporation, (NASDAQ: SRCE) along with Chairman and CEO Christopher J. Murphy III are pleased to announce the Board of Directors' promotion of Brian Duba to General Counsel and Secretary of 1st Source Corporation and 1st Source Bank. Mr. Duba will retain his officer status of Senior Vice Presiden ...
1st Source Makes KBW Bank Honor Roll for 7th Consecutive Year
Newsfile· 2025-05-16 00:03
1st Source Makes KBW Bank Honor Roll for 7th Consecutive YearAmong 16 U.S. banks with the strongest/most consistent earnings growthMay 15, 2025 12:03 PM EDT | Source: 1st Source CorporationSouth Bend, Indiana--(Newsfile Corp. - May 15, 2025) - 1st Source (NASDAQ: SRCE) is pleased to announce that it made the annual Bank Honor Roll by Keefe, Bruyette & Woods, Inc. (KBW) for the seventh consecutive year. They are among just 16 U.S. Banks on the list, placing its long-term performance among the t ...
1st Source (SRCE) Upgraded to Buy: Here's Why
ZACKS· 2025-04-30 01:00
1st Source (SRCE) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a changi ...
1st Source (SRCE) - 2025 Q1 - Quarterly Report
2025-04-25 04:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-6233 100 North Michigan Street South Bend, IN 46601 (Address of principal executive offices) (Zip Code) (574) 23 ...
1st Source (SRCE) Q1 Earnings and Revenues Top Estimates
ZACKS· 2025-04-24 22:05
1st Source (SRCE) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.76%. A quarter ago, it was expected that this holding company for 1st Source Bank would post earnings of $1.36 per share when it actually produced earnings of $1.40, delivering a surprise of 2.94%.Over the last four ...
1st Source (SRCE) - 2025 Q1 - Quarterly Results
2025-04-24 19:48
Exhibit 99.1 For: Immediate Release Contact: Brett Bauer April 24, 2025 574-235-2000 1st Source Corporation Reports Record First Quarter Results, Cash Dividend Declared QUARTERLY HIGHLIGHTS South Bend, IN - 1st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, today reported record quarterly net income of $37.52 million for the first quarter of 2025, up 19.35% compared to $31.44 million the previous quarter and up 27.38% from the $29.46 million reported in the first quarter a year ago. D ...
1st Source Corporation: Tariff Resumption Could Hurt Specialty Finance Division; Maintaining Hold Rating
Seeking Alpha· 2025-03-07 02:28
1st Source Corporation's (NASDAQ: NASDAQ: SRCE ) loan growth, and consequently earnings are at risk from the resumption of tariffs on automobiles. The Specialty Finance division, which lends for the purchase and lease of trucks, aircraft, and construction equipment, makes up more than half of the company’s totalAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this a ...
Why 1st Source (SRCE) is a Great Dividend Stock Right Now
ZACKS· 2025-03-05 01:45
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield ...
1st Source Bank Named One of America's Best Banks by Forbes
Newsfile· 2025-02-28 01:20
1st Source Bank Named One of America's Best Banks by ForbesRanked #26 in Top 100 U.S. BanksFebruary 27, 2025 12:20 PM EST | Source: 1st Source CorporationSouth Bend, Indiana--(Newsfile Corp. - February 27, 2025) - 1st Source Bank (NASDAQ: SRCE) is pleased to announce that they were once again named to Forbes' America's Best Banks list, taking the 26th spot out of 100. According to Forbes, they look at "10 metrics measuring growth, credit quality and profitability for the 12 months ending Septe ...