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home / news releases / SRCE - 1st Source Corp.: Earnings To Dip Despite Favorable Economic Factors

SRCE - 1st Source Corp.: Earnings To Dip Despite Favorable Economic Factors

1st Source Corporation
  • The loan growth rate will likely improve in the remainder of this year due to Indiana and Michigan’s economic factors.
  • The loan and deposit mixes make the top line moderately sensitive to rate changes.
  • Provision reversals are likely to decline from last year's unsustainable level. The provisioning for new loans will remain below normal.
  • The December 2022 target price suggests a small upside from the current market price. Further, SRCE is offering a decent dividend yield.

For further details see:

1st Source Corp.: Earnings To Dip Despite Favorable Economic Factors
Stock Information
Company Name: 1st Source Corporation
Stock Symbol: SRCE
Market: NASDAQ
Website: 1stsource.com
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