1st Source Corp (SRCE) Misses Q3 EPS by 13c
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Third Quarter Earnings Steady at 1st Source Corporation, Cash Dividend Declared
October 22, 2015 4:05 PM EDTSOUTH BEND, Ind.--(BUSINESS WIRE)-- 1st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, today reported net income of $13.93 million for the third quarter of 2015, down $1.02 million or 6.82% from the $14.95 million earned in the third quarter of 2014. Year to date, net income was $43.07 million, stable compared to the first nine months of last year. The single largest factor in the difference between 2015 and 2014 was a one-time income tax benefit of $1.18 million in the third quarter of 2014. Diluted net income per common share for the third quarter amounted to $0.53, down 5.36%... More
