1st Source Corp (SRCE) Raises Quarterly Dividend 5.3% to $0.40; 2.7% Yield

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Go back to 1st Source Corp (SRCE) Raises Quarterly Dividend 5.3% to $0.40; 2.7% Yield

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

October 23, 2025 4:03 PM EDT

QUARTERLY HIGHLIGHTS

Net income was $42.30 million for the quarter, up $4.98 million or 13.34% from the previous quarter and up $7.36 million or 21.06% from the third quarter of 2024. Diluted net income per common share was $1.71, up $0.20 or 13.25% from the previous quarter and up $0.30 or 21.28% from the prior year's third quarter of $1.41. These results include $1.88 million in pre-tax losses from the sale of approximately $73 million of available-for-sale securities executed in the third quarter as well as a $1.00 million charitable contribution to the 1st Source Foundation.

Return on average assets increased to 1.86% from 1.67% in the... More