earnings
confidence high
sentiment positive
materiality 0.75
1st Source reports record annual net income of $158.28M, dividend raised 11%
1ST SOURCE CORP
2025-FY EPS reported
$6.41
- Full-year net income $158.28M (+19.34% YoY); Q4 net income $41.14M (+30.87% YoY, -2.73% QoQ).
- Diluted EPS $6.41 annual (+19.59% YoY); Q4 $1.67 (+31.50% YoY).
- Quarterly cash dividend raised to $0.40/share (11.11% increase), payable Feb 13, 2026.
- Net interest margin (tax-equivalent) expanded 43 bps to 4.07% for full year.
- Nonperforming assets rose to 1.10% of loans from 0.46% a year ago, driven by one auto rental client.