1st Source: Q1 Earnings Snapshot
SOUTH BEND, Ind. (AP) _ 1st Source Corp. (SRCE) on Thursday reported first-quarter net income of $28.1 million.
The bank, based in South Bend, Indiana, said it had earnings of $1.10 per share.
The holding company for 1st Source Bank posted revenue of $88.2 million in the period. Its revenue net of interest expense was $83.3 million, which missed Street forecasts.
1st Source shares have risen 15% since the beginning of the year. The stock has climbed 49% in the last 12 months.