1st Source: Q2 Earnings Insights

Shares of 1st Source SRCE increased in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 65.28% year over year to $1.19, which beat the estimate of $1.04.

Revenue of $81,951,000 higher by 3.24% year over year, which missed the estimate of $83,030,000.

Looking Ahead

1st Source hasn't issued any earnings guidance for the time being.

1st Source hasn't issued any revenue guidance for the time being.

Recent Stock Performance

52-week high: $51.02

Company's 52-week low was at $28.72

Price action over last quarter: down 9.71%

Company Profile

1st Source Corp along with its subsidiary offers banking services. The bank provides Commercial, Agricultural, and Real Estate Loans which are given to privately owned business clients mainly located within regional market area, Consumer Services that consists of full range of consumer banking products and services, Trust and Wealth Advisory Services which includes wide range of trust, investment, agency, and custodial services for individual, corporate, and not-for-profit clients, and Specialty Finance Group Services that provide a broad range of comprehensive equipment loan and lease products addressing the financing needs of a broad array of companies.