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1st Source: Q1 Earnings Snapshot

April 22, 2021 GMT

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SRCE at https://www.zacks.com/ap/SRCE