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Article: 1st Source Announces Third Quarter Profits.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 7, 2009
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1st Source Corporation (Nasdaq:SRCE), parent company of 1st Source Bank, announced third quarter net income of $6.73 million compared to $4.47 million in the third quarter 2008. For the first three quarters of the year, net income was $19.27 million versus $21.07 million a year earlier. Diluted net income per common share for the third quarter of 2009 was $0.21 versus $0.18 a year earlier while diluted net income per common share for the first three quarters was $0.60 compared to $0.86 in 2008. Diluted net income per common share was reduced by $0.07 for the third quarter of 2009 and $0.20 for the nine months ending September 30, 2009, due to the preferred stock dividends ...
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