$SRCE

1st Source Reports Record Q3 Net Income of $49.5 Million, Raises Dividend

1st Source reported Q3 2026 net income of $49.54M, up 17.13% YoY, with EPS of $2.03. Net interest income rose 7.69% YoY. The company raised its quarterly dividend to $0.45 per share. 1st Source also launched a Payments Hub and saw loan growth in sectors like renewable energy and residential real estate.

Original reporting
Published Oct 22, 2026, 8:23 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 22, 2026, 8:28 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
1st Source Reports Record Q3 Net Income of $49.5 Million, Raises Dividend — source image
Decision brief

The 30-second read

$SRCEBullishMed
01

Why it matters

The record net income and dividend hike suggest improved profitability, but modest growth may limit upside.

02

Market read

Earnings release provides fresh data for traders focusing on small‑cap financials.

03

What to watch

Potential headwinds from loan quality in construction equipment and renewable energy sectors.

Relevance 7/10Novelty 8/10Timing: after-hours

Background

1st Source Corp is a U.S. community bank with assets between $2B and $10B, recently recognized by American Banker.

Company-level read

Ticker impact

$SRCEBullishHigh confidence
Context

1st Source reported record Q3 2026 net income of $49.54M and raised its quarterly dividend to $0.45 per share.

Expected impact

potential modest upside as the market prices in the earnings beat and higher dividend

Evidence & confidence

The company posted higher net income and EPS versus the prior year, and added a dividend, which are typically bullish signals for a small‑cap bank.

Market effects

Positive earnings may support sentiment toward regional community banks.

May provide a modest lift to U.S. small‑cap financial stocks.

Limited to U.S. banking sector; no broader macro impact.

Counterpoint

The earnings beat may already be priced in; higher dividend could signal limited growth prospects.

Key entities

  • 1st Source Corp

    U.S. community bank reporting Q3 2026 results.

Related articles

$SRCEHighAI 8/10

1st Source Corporation: 1st Source Corporation Reports Record Third Quarter Results, Cash Dividend Declared

1st Source Corporation (SRCE) reported record Q3 2026 net income of $49.54M, up 4.20% QoQ and 17.13% YoY. Diluted EPS was $2.03, up 4.10% QoQ and 18.71% YoY. The company declared a $0.45 per share dividend, up 12.50% YoY. Loans and leases grew 1.58% QoQ and 3.42% YoY, while net interest income increased 2.62% QoQ and 7.69% YoY. Net interest margin expanded to 4.28%.

$SRCEHigh

1st Source Corporation Reports Record Third Quarter Results

1ST SOURCE CORP (SRCE) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 For: Immediate Release Contact: Brett Bauer October 22, 2026 574-235-2000 1st Source Corporation Reports Record Third Quarter Results, Cash Dividend Declared QUARTERLY HIGHLIGHTS • Net income was $49.54 million for the quarter, up $2.00 million or 4.20% from the prev

$SRCEMed

1st Source (NASDAQ:SRCE) Posts Better

1st Source (NASDAQ: SRCE) reported Q2 CY2026 results. Revenue rose 8% year on year to $118.2 million, exceeding Wall Street estimates by 3.5%, and GAAP profit was $1.95 per share, 13.8% above consensus. The article also notes tangible book value per share rose to $50.93 and was forecast to reach $57.02 in 12 months.