1st Source Corp (SRCE) Declares $0.38 Quarterly Dividend; 2.5% Yield

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Go back to 1st Source Corp (SRCE) Declares $0.38 Quarterly Dividend; 2.5% Yield

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

July 24, 2025 4:02 PM EDT

QUARTERLY HIGHLIGHTS

Net income was $37.32 million for the quarter, down slightly from the previous quarter and up $0.53 million or 1.43% from the second quarter of 2024. Diluted net income per common share was $1.51, down $0.01 or 0.66% from the previous quarter and up $0.02 or 1.34% from the prior year's second quarter of $1.49. These results include $1.00 million in pre-tax losses from the sale of approximately $26 million available-for-sale securities executed in the second quarter.

Return on average assets decreased to 1.67% from 1.72% in the previous quarter and 1.69% in the second quarter of 2024. Return on average common shareholders' equity decreased... More