Quarterly ResultApr 23, 2026, 07:51 AM
1st Source Reports Record Q1 Net Income of $39.96M, EPS $1.63
AI Summary
1st Source Corporation reported record first quarter results for 2026. Net income increased to $39.96 million, a 6.49% rise from the first quarter of 2025. Diluted net income per common share also grew by 7.24% to $1.63. The company also announced an increased cash dividend.
Key Highlights
- Net income was $39.96 million, up 6.49% from Q1 2025.
- Diluted net income per share was $1.63, up 7.24% from Q1 2025.
- Return on average assets was 1.80%, up from 1.72% in Q1 2025.
- Return on average common shareholders' equity decreased to 12.53% from 13.33% in Q1 2025.