1st Source Corporation earns a soft ‘buy' rating due to robust growth, strong asset quality, and margin expansion. SRCE's diversified lending, including specialty finance and renewable energy, supports above-peer returns on assets and equity. Net interest margin improved to 4.24%, driving net profits from $124.9M in 2023 to $158.3M last year.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?
1st Source (SRCE) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $1.51 per share a year ago.
QUARTERLY HIGHLIGHTS Net income was $47.54 million for the quarter, up $7.59 million or 18.99% from the previous quarter and up $10.23 million or 27.40% from the second quarter of 2025. Diluted net income per common share was $1.95, up $0.32 or 19.63% from the previous quarter and up $0.44 or 29.14% from the prior year's second quarter of $1.51.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?
1st Source (SRCE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?