1st Source (SRCE) Posts Record-High Net Income in Q2; Raises Dividend

SRCE 1st Source Corp

$87.18 +1.60%

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1. 11st Source (SRCE) posted a record-high net income of $47.54 million in the second quarter, up 18.99% from the previous quarter and 27.40% from a year earlier
2. 2Diluted EPS rose to $1.95, and the board approved a 2-cent increase in the quarterly cash dividend to $0.45 per share
3. 3The dividend will be paid on August 14 to shareholders of record on August 4, and the company was named to the KBW Bank Honor Roll for the eighth consecutive year

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