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Reported July 25, 2024 · After market close

Revenue$97.3MBeat by $2.4M
EPS$1.49Beat by $0.27
Revenue estimate$94.8M
EPS estimate$1.22

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$118.1M
EPS estimate$1.72

Financials

Q2 2024

Income statement

See full
Revenue$97.3M+6.6%
Net income$36.8M+13.4%
EPS (diluted)$1.49+14.6%

Balance sheet

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Cash & equivalents$269.2M+139%
Total debt$288.2M+53.6%
Total equity$1.0B+13.3%
Total assets$8.9B+5.5%

Cash flow

See full
Operating cash flow$50.0M+11.6%
CapEx$3.6M+194%
Free cash flow$46.4M+6.5%

Valuation & ratios

Valuation

as of 06/30/24
See full
Market cap$1.31B+26.8%
Enterprise value$1.33B+20.0%
P/E10.3×+2.2×
P/S3.5×+0.7×

Profitability

See full
Net margin33.9%-0.5pp
FCF margin47.7%0.0pp

Returns & leverage

See full
Return on equity13%-1.3pp
Debt / equity0.3×+0.1×

Segments

By product

See full
Trust and wealth advisory$7.1M+9.5%
Debit card$4.6M-3.0%
Service charges on deposit accounts$3.2M+2.7%

Versus estimates

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Questions, answered.

When did 1st Source Corporation report Q2 2024 earnings?
1st Source Corporation (SRCE) reported Q2 2024 earnings on July 25, 2024 after market close.
What were 1st Source Corporation's Q2 2024 revenue and EPS?
1st Source Corporation reported revenue of $97.3M and eps of $1.49 for Q2 2024.
Did 1st Source Corporation beat estimates in Q2 2024?
Revenue beat the consensus estimate of $94.8M by $2.4M. EPS beat the consensus estimate of $1.22 by $0.27.
Where can I find 1st Source Corporation's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0000034782-24-000092) directly on SEC EDGAR. The filing index links above go to sec.gov.