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home / news releases / SRCE - 1st Source: Waning Stimulus Effects Likely Weigh On Reported Profitability


SRCE - 1st Source: Waning Stimulus Effects Likely Weigh On Reported Profitability

  • Sluggish reported loan growth trends are likely to continue while PPP loan forgiveness and paydowns persist.
  • The volatile margin is experiencing an outsized gyration due to the pulling forward of PPP forgiveness fees.
  • Credit continues to perform well, which should put any lasting concerns to rest.

For further details see:

1st Source: Waning Stimulus Effects Likely Weigh On Reported Profitability
Stock Information

Company Name: 1st Source Corporation
Stock Symbol: SRCE
Market: NASDAQ
Website: 1stsource.com

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