1st Source Corp (SRCE) Raises Quarterly Dividend 9.1% to $0.24; 1.9% Yield

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. XYZ
9. SPY
10. FISV

Go back to 1st Source Corp (SRCE) Raises Quarterly Dividend 9.1% to $0.24; 1.9% Yield

Record Quarterly Earnings at 1st Source Corporation, Company Grows to Over $6 Billion, Increase in Cash Dividend

April 19, 2018 9:32 AM EDT

QUARTERLY HIGHLIGHTS

Net income improved to $19.12 million, up 17.96% over the first quarter of 2017. Diluted net income per common share improved to $0.73 from the prior years first quarter of $0.62. Return on average assets increased to 1.31% and return on average common shareholders equity increased to 10.67% from 1.21% and 9.61%, respectively in the first quarter of 2017. Net charge-offs (recoveries) of $0.34 million and nonperforming assets to loans and leases of 0.74% compared to $(0.58) million and 0.63%, respectively in the first quarter of 2017. Average loans and leases grew $401.55 million, up 9.59% from the first quarter of... More