1st Source Corp (SRCE) Raises Quarterly Dividend 6.3% to $0.34; 2.7% 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. SPY
9. XYZ
10. FISV

Go back to 1st Source Corp (SRCE) Raises Quarterly Dividend 6.3% to $0.34; 2.7% Yield

1st Source Corporation Reports First Quarter Results, Cash Dividend Declared

April 25, 2024 7:42 AM EDT

QUARTERLY HIGHLIGHTS

Net income was $29.46 million for the quarter, up $1.03 million or 3.61% from the previous quarter and down $1.67 million or 5.36% from the first quarter of 2023. Diluted net income per common share was $1.19, up $0.04 or 3.48% from the previous quarter and down $0.06 or 4.80% from the prior year's first quarter of $1.25.

Cash dividend of $0.34 per common share was approved, up 6.25% from the cash dividend declared a year ago.

Average loans and leases grew $116.21 million in the first quarter, up 1.82% (7.28% annualized growth) from the previous quarter and $467.87 million, up 7.75% from the first quarter of... More