1st Source (SRCE) Beats Q3 Earnings and Revenue Estimates

Core Insights - 1st Source (SRCE) reported quarterly earnings of $1.71 per share, exceeding the Zacks Consensus Estimate of $1.59 per share, and up from $1.41 per share a year ago, representing an earnings surprise of +7.55% [1] - The company achieved revenues of $110.66 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.69%, and an increase from $97.93 million year-over-year [2] - 1st Source has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.60 on revenues of $111.7 million, and for the current fiscal year, it is $6.22 on revenues of $435 million [7] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Banks - Midwest industry, to which 1st Source belongs, is currently ranked in the top 26% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]