SRCE - ファ―スト・ソ―ス （1st Source Corporation）

1st Source Corp Misses Q4 EPS by 3c

1st Source (NASDAQ:SRCE) declares $0.32/share quarterly dividend, in line with previous.Forward yield 2.53%Payable Feb. 16; for shareholders of record Feb. 6; ex-div Feb.

FULL YEAR AND QUARTERLY HIGHLIGHTS Net income was a record $120.51 million for the year of 2022, up 1.67% from 2021 and was $31.07 million for the fourth quarter of 2022, down 5.10% from the previous quarter and up 12.07% from the fourth quarter of 2021. Diluted net income per common share was a record $4.84 for the year of 2022, up 2.98% from 2021 and was $1.25 for the fourth quarter of 2022, down 5.30% from the previous quarter and up 12.61% from the prior year’s fourth quarter. Cash dividend of $0.32 per common share was approved, up 3.23% from the cash dividend declared a year ago. Average loans and leases net of Paycheck Protection Program (PPP) loans grew $402.04 million in 2022, up 7.82% from 2021 and grew $215.70 million during the fourth quarter, up 3.84% (15.36% annualized growth) from the previous quarter. Tax-equivalent net interest income was $264.10 million for the year, up 11.39% from 2021 and was $71.67 million in the fourth quarter, up 3.70% from the previous quarter and up 19.10% from the fourth quarter of 2021.

Growth in the specialty finance segment will likely compensate for a slowdown in the community banking segment next year. Read my analysis of SRCE stock.

Friday marks the last chance for investors to receive the next dividend payout from 1st Source (NASDAQ: SRCE ). What''s Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 32 cents per share. On Monday, 1st Source will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other … Full story available on Benzinga.com

Growth in the specialty finance segment will likely compensate for a slowdown in the community banking segment next year. Read my analysis of SRCE stock.

Friday marks the last chance for investors to receive the next dividend payout from 1st Source (NASDAQ: SRCE ). What''s Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 32 cents per share. On Monday, 1st Source will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other … Full story available on Benzinga.com

1st Source press release (SRCE): Q3 GAAP EPS of $1.32 beats by $0.16.Revenue of $91.12M (+3.9% Y/Y) beats by $2.8M.

1st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, today reported record quarterly net income of $32.74 million for the third quarter of 2022, up 0.78% from the $32.48 million reported in the third quarter a year ago, bringing the 2022 year-to-date net income to $89.44 million compared to $90.81 million in 2021. Diluted net income per common share for the third quarter of

1st Source (NASDAQ: SRCE ) is set to give its latest quarterly earnings report on Thursday, 2022-10-20. Here''s what investors need to know before the announcement. Analysts estimate that 1st Source will report an earnings per share (EPS) of $1.16. 1st Source bulls will hope to hear the company to announce they''ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for … Full story available on Benzinga.com

Looking at the universe of stocks we cover at Dividend Channel, on 8/1/22, Suburban Propane Partners LP (Symbol: SPH), 1st Source Corp (Symbol: SRCE), and Apple Hospitality REIT Inc (Symbol: APLE) will all trade ex-dividend for their respective upcoming dividends. Suburban Pro

Friday marks the last chance for investors to receive the next dividend payout from 1st Source (NASDAQ: SRCE ). What''s Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 32 cents per share. On Monday, 1st Source will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other … Full story available on Benzinga.com

According to Benzinga Pro, during Q2, 1st Source (NASDAQ: SRCE ) earned $29.33 million, a 7.04% increase from the preceding quarter. 1st Source also posted a total of $86.42 million in sales, a 4.28% increase since Q1. In Q1, 1st Source earned $27.40 million, and total sales reached $82.87 million. Why Is ROCE Significant? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth … Full story available on Benzinga.com

1st Source press release (NASDAQ:SRCE): Q2 GAAP EPS of $1.18 beats by $0.12.Revenue of $86.42M (+5.5% Y/Y) beats by $1.03M.

1st Source (SRCE) declares $0.32/share quarterly dividend, 3.2% increase from prior dividend of $0.31. Forward yield 2.84%