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1st Source CorporationSRCE
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Overview >
Market Cap
1.35B
Revenue (ttm)
374.66M
Net Income (ttm)
131.40M
Shares Out
25.29M
EPS (ttm)
5.36
PE Ratio
9.93
Forward PE
9.42
Dividend
$1.44 (2.71%)
Ex-Dividend Date
Feb 4, 2025
Volume
17,578
Open
53.20
Previous Close
53.70
Day's Range
52.63 - 53.65
52-Week Range
47.30 - 68.13
Beta
0.66
Analysts
Buy
Price Target
70.75 (+32.31%)
Earnings Date
Apr 24, 2025
Description >

1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients.

Its consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; online and mobile banking products; consumer loans, real estate mortgage loans, and home equity lines of credit; and financial planning, financial literacy, and other consultative services, as well as debit and credit cards.

The company also offers commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and renewable energy and acquisition financing; and commercial leasing, treasury management, and retirement planning services.

In addition, it provides trust, investment, agency, and custodial services comprising administration of estates and personal trusts, as well as management of investment accounts for individuals, employee benefit plans, and charitable foundations.

Further, the company offers equipment loan and lease products for construction equipment, new and pre-owned aircraft, auto and light trucks, and medium and heavy duty trucks; and finances construction equipment, aircrafts, medium and heavy duty trucks, step vans, vocational work trucks, motor coaches, shuttle buses, funeral cars, automobiles, and other equipment.

Additionally, it provides corporate and personal property, casualty, and individual and group health and life insurance products and services.

1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.

Latest News >
Chartwell Details July Distribution, Provides Occupancy Update
Chartwell Details July Distribution, Provides Occupancy Update
Jul 15, 2024
09:07 AM EDT, 07/15/2024 (MT Newswires) -- Chartwell Retirement Residences (CSH-UN.TO) on Monday said it make a cash distribution for July of $0.051 per trust unit, payable on Aug. 15 to unit-holders of record on July 31. The company also provided an occupancy update. Including three properties that are undergoing repositioning and have been removed from the portfolio, occupancy rate...
Westlake Names Jean-Marc Gilson CEO
Westlake Names Jean-Marc Gilson CEO
Jul 15, 2024
09:09 AM EDT, 07/15/2024 (MT Newswires) -- Westlake (WLK) said Monday that it has appointed Jean-Marc Gilson as its president and chief executive officer, effective immediately. Gilson, who was previously the president and CEO of Mitsubishi Chemical Group, succeeds Albert Chao. Chao will become the executive chairman of the board, while the current chairman, James Chao, will become senior chairman,...
Genius Group Awarded $22 Million Kazakhstan Contract
Genius Group Awarded $22 Million Kazakhstan Contract
Jul 15, 2024
09:04 AM EDT, 07/15/2024 (MT Newswires) -- Genius Group ( GNS ) said Monday that it has secured a three-year, $22 million contract to centralize Kazakhstan government databases and implement AI tools. The contract with the Kazakhstan Ministry of Digital Development was signed by Genius' Prime Source unit following a nationwide competition, the company said Price: 0.2800, Change: +0.03, Percent...
Westlake names ex-Mitsubishi Chemical chief Gilson as CEO
Westlake names ex-Mitsubishi Chemical chief Gilson as CEO
Jul 15, 2024
July 15 (Reuters) - Chemicals maker Westlake on Monday named former Mitsubishi Chemical Group CEO Jean-Marc Gilson as its chief executive, effective today. The company said Gilson would replace Albert Chao, who would become the executive chairman of the Westlake board after serving as the CEO over the last two decades. Chao took charge of the company in July 2004...
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