1st Source Corp (SRCE) Declares $0.36 Quarterly Dividend; 2.4% Yield

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

October 24, 2024 4:02 PM EDT

QUARTERLY HIGHLIGHTS

Net income was $34.94 million for the quarter, up $2.00 million or 6.07% from the third quarter of 2023. Diluted net income per common share was $1.41, up $0.09 or 6.82% from the prior year's third quarter of $1.32.

Cash dividend of $0.36 cents per common share for the quarter was approved, up 12.50% from the cash dividend declared a year ago.

Tax-equivalent net interest income was $75.63 million, up $1.44 million or 1.94% from the second quarter of 2024 and up $6.22 million, or 8.97% from the third quarter a year ago.... More