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1st Source: Q1 Earnings Snapshot

1st Source: Q1 Earnings Snapshot

By AP News
Published - Apr 25, 2024, 08:00 AM ET
Last Updated - May 27, 2024, 01:07 AM EDT

SOUTH BEND, Ind. (AP) — SOUTH BEND, Ind. (AP) — 1st Source Corp. (SRCE) on Thursday reported net income of $29.5 million in its first quarter.

The bank, based in South Bend, Indiana, said it had earnings of $1.19 per share.

The holding company for 1st Source Bank posted revenue of $138.6 million in the period. Its revenue net of interest expense was $94.1 million, beating Street forecasts.

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