SOUTH BEND, Ind. (AP) _ 1st Source Corp. (SRCE) on Thursday reported second-quarter profit of $18.5 million.
The South Bend, Indiana-based bank said it had earnings of 72 cents per share.
The holding company for 1st Source Bank posted revenue of $89.1 million in the period. Its revenue net of interest expense was $79.2 million, which beat Street forecasts.
1st Source shares have declined 32% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $35.06, a fall of 22% in the last 12 months.