SOUTH BEND, Ind. (AP) _ 1st Source Corp. (SRCE) on Thursday reported third-quarter net income of $24.4 million.
The South Bend, Indiana-based bank said it had earnings of 95 cents per share.
The holding company for 1st Source Bank posted revenue of $98.4 million in the period. Its revenue net of interest expense was $83 million, exceeding Street forecasts.
1st Source shares have increased 15% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $46.41, a fall of nearly 7% in the last 12 months.