1st Source ( NASDAQ:SRCE ) First Quarter 2024 Results Key Financial Results Revenue: US$87.5m (down 2.6% from 1Q 2023...
Ranked #14 in Top 100 U.S. Banks and Top Bank in Indiana South Bend, Indiana--(Newsfile Corp. - April 26, 2024) - 1st Source Bank is pleased to announce their #14 ranking on Forbes' America's Best Banks list. The list, according to Forbes includes 100 of the nation's top banks, based on 10 financial metrics "measuring growth, credit quality and profitability for the 2023 calendar year, as well as stock performance in the 12 months through ...
QUARTERLY HIGHLIGHTSNet income was $29.46 million for the quarter, up $1.03 million or 3.61% from the previous quarter and down $1.67 million or 5.36% from the first quarter of 2023. 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 ...