Earnings Summary

1ST SOURCE CORP’s revenue jumped 14.13% since last year same period to $94.46Mn in the Q1 2023. On a quarterly growth basis, 1ST SOURCE CORP has generated -0.29% fall in its revenue since last 3-months.

1ST SOURCE CORP’s net profit jumped 13.66% since last year same period to $31.13Mn in the Q1 2023. On a quarterly growth basis, 1ST SOURCE CORP has generated 0.2% jump in its net profits since last 3-months.

1ST SOURCE CORP’s net profit margin fell -0.41% since last year same period to 32.96% in the Q1 2023. On a quarterly growth basis, 1ST SOURCE CORP has generated 0.5% jump in its net profit margins since last 3-months.

1ST SOURCE CORP’s price-to-earnings ratio after this Q1 2023 earnings stands at 8.55.

1ST SOURCE CORP’s earning per share (EPS) estimates for the current quarter stand at 1.28 - a 9.4% jump from last quarter’s estimates.

1ST SOURCE CORP’s earning per share (EPS) estimates for the current year stand at 1.28.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. 1ST SOURCE CORP’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. 1ST SOURCE CORP’s return on equity (ROE) stands at 0.13.

1ST SOURCE CORP declared 0.32 dividend per share during the earnings announcement for Q1 2023.