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NASDAQ:SRCE

1st Source Q3 2024 Earnings Report

1st Source logo
$61.42 -0.51 (-0.82%)
Closing price 07/29/2025 04:00 PM Eastern
Extended Trading
$0.01 -61.41 (-99.98%)
As of 04:00 AM Eastern
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1st Source EPS Results

Actual EPS
$1.41
Consensus EPS
$1.36
Beat/Miss
Beat by +$0.05
One Year Ago EPS
$1.32

1st Source Revenue Results

Actual Revenue
$97.93 million
Expected Revenue
$97.30 million
Beat/Miss
Beat by +$630.00 thousand
YoY Revenue Growth
N/A

1st Source Announcement Details

Quarter
Q3 2024
Time
After Market Closes
Conference Call Date
Thursday, October 24, 2024
Conference Call Time
4:00PM ET

1st Source Earnings Headlines

One stock to replace Nvidia
"I said 'SELL' before this stock dropped 90%. Today, I'm shouting 'BUY NOW' before it's too late." In 2000, Eric Fry told Barron's magazine that investors should sell a very popular dot-com stock just before it plunged 90%. Today, Eric is saying the exact opposite about it — "BUY NOW!" This same company is now the lifeblood of AI data centers — yet it's completely undervalued. He says anyone who owns Nvidia stock would be well-served to sell those shares and buy this under-the-radar play instead.
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About 1st Source

1st Source (NASDAQ:SRCE) 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.

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