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home / news releases / SRCE - 1st Source: Revising Up The Earnings Estimate Because Of Better Than Expected Credit Performance

SRCE - 1st Source: Revising Up The Earnings Estimate Because Of Better Than Expected Credit Performance

1st Source Corporation
  • An improvement in the portfolio’s credit quality will likely lead to lower provision expense this year than previously expected.
  • The economic revival will likely chiefly drive loan growth.
  • Excess liquidity and low reinvestment rates will likely pressurize the margin.
  • The year-end target price suggests a high upside from the current market price. Further, SRCE is offering a modest dividend yield.

For further details see:

1st Source: Revising Up The Earnings Estimate Because Of Better Than Expected Credit Performance
Stock Information
Company Name: 1st Source Corporation
Stock Symbol: SRCE
Market: NASDAQ
Website: 1stsource.com
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