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1st Source: Q2 Earnings Snapshot
1st Source: Q2 Earnings
About this update from 1st Source Corporation
SOUTH BEND, Ind. (AP) — SOUTH BEND, Ind. (AP) — 1st Source Corp. (SRCE) on Thursday reported second-quarter net income of $47.5 million . The bank, based in South Bend, Indiana , said it had break-even earnings on a per-share basis. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.71 per share. The holding company for 1st Source Bank posted revenue of $156.1 million in the period. Its revenue net of interest expense was $118.2 million , also topping Street forecasts. _____ This story was generated by Automated Insights ( http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SRCE at https://www.zacks.com/ap/SRCE For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News
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