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1st Source Corporation: Tariff Resumption Could Hurt Specialty Finance Division; Maintaining Hold Rating
SRCE1st Source (SRCE) Seeking Alpha·2025-03-06 18:28

Core Viewpoint - 1st Source Corporation's loan growth and earnings are at risk due to the resumption of tariffs on automobiles, which could impact its Specialty Finance division significantly [1]. Group 1: Company Overview - 1st Source Corporation operates a Specialty Finance division that lends for the purchase and lease of trucks, aircraft, and construction equipment, which constitutes more than half of the company's total operations [1].