Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it ...

1st Source (SRCE) came out with quarterly earnings of $1.40 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.94%. A quarter ago, it was expected that this holding company for 1st Source Bank would post earnings of $1.36 per share when it actually produced earnings of $1.41, delivering a surprise of 3.68%.Over the last four q ...

Exhibit 99.1 For: Immediate Release Contact: Brett Bauer January 23, 2025 574-235-2000 1st Source Corporation Reports Record Annual Earnings, Cash Dividend Declared, History of Increased Dividends Continues FULL YEAR AND QUARTERLY HIGHLIGHTS South Bend, IN — 1st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, today reported record net income of $132.62 million for 2024, an increase of 6.16% compared to $124.93 million earned in 2023. Fourth quarter net income was $31.44 million, an inc ...

1st Source Corporation Reports Record Annual Earnings, Cash Dividend Declared, History of Increased Dividends ContinuesJanuary 23, 2025 4:00 PM EST | Source: 1st Source CorporationFULL YEAR AND QUARTERLY HIGHLIGHTSNet income was a record $132.62 million for the year of 2024, up 6.16% from 2023 and was $31.44 million for the fourth quarter of 2024, down 10.02% from the previous quarter and up 10.58% from the fourth quarter of 2023. Diluted net income per common share was a record $5.36 for the ...

1st Source (SRCE) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changi ...

1st Source (SRCE) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.68%. A quarter ago, it was expected that this holding company for 1st Source Bank would post earnings of $1.25 per share when it actually produced earnings of $1.49, delivering a surprise of 19.20%.Over the last four ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-6233 1st Source Corporation (Exact name of registrant as specified in its charter) Indiana 35-1068133 (State ...

1st Source Corporation Reports Third Quarter Results, Cash Dividend DeclaredOctober 24, 2024 4:00 PM EDT | Source: 1st Source CorporationQUARTERLY HIGHLIGHTSNet income was $34.94 million for the quarter, up $2.00 million or 6.07% from the third quarter of 2023. Diluted net income per common share was $1.41, up $0.09 or 6.82% from the prior year's third quarter of $1.32.Cash dividend of $0.36 cents per common share for the quarter was approved, up 12.50% from the cash dividend declared a year a ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering 1st Source (SRCE) , which belongs to the Zacks Banks - Midwest industry.When looking at the last two reports, this holding company for 1st Source Bank has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 10.45%, on average, in the last two quarters.For the most recent quarter, 1st Source was expected to post earni ...

P entify Children Children 1 E ugurhan Earnings of 1st Source Corporation (NASDAQ:SRCE) will likely receive support from below-average loan growth through the end of 2025. On the other hand, upcoming interest rate cuts will have an overall slightly negative impact on the net interest margin, which will constrain earnings growth next year. Overall, I'm expecting the company to report earnings of $5.37 per share for 2024, up 7%, and $5.44 per share for 2025, up by just 1% year-over-year. The December 2024 tar ...