Name | Value |
---|---|
Revenues | 143.3M |
Cost of Revenue | 22.1M |
Gross Profit | 121.2M |
Operating Expense | 15.1M |
Operating I/L | 49.4M |
Other Income/Expense | -1.6M |
Interest Income | 121.2M |
Pretax | 47.7M |
Income Tax Expense | 10.9M |
Net Income/Loss | 36.8M |
1st Source Corporation operates as a bank holding company providing commercial and consumer banking services, trust and wealth advisory services, and insurance products. Its offerings include checking and savings accounts, consumer loans, real estate mortgage loans, commercial and small business loans, agricultural and real estate loans, commercial leasing, treasury management, retirement planning services, trust and investment services, and various insurance products. The company generates revenue through interest income from loans, fees from banking and wealth advisory services, and premiums from insurance products. It operates through 79 banking centers in Indiana, Michigan, and Florida.