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1st Source Corporation: Tariff Resumption Could Hurt Specialty Finance Division; Maintaining Hold Rating

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 ...