Page 2 - 1st Source News Today

1st Source (NASDAQ:SRCE – Get Free Report) released its quarterly earnings results on Thursday. The financial services provider reported $1.15 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.15, Yahoo Finance reports. 1st Source had a return on equity of 13.23% and a net margin of 26.39%. 1st Source Trading Down 0.2 […]

A Virginia federal court has set up seizure of a helicopter belonging to one of Gov. Jim Justices coal companies, Bluestone Resources Inc., to enforce a $13 million judgment against the firm awarded to British Virgin Islands-based Caroleng Investments Limited. District Judge Robert Ballou provides a week for a joint proposal for sale of the 2009 Bell helicopter.

The creditor, an Indiana-based bank, told a federal court last week the Justice company delivered it $9.3 million in promissory notes in December 2021 under an amended agreement restructuring a loan secured by the helicopter.The court had ordered seizure of the helicopter by federal marshals to enforce a roughly $13 million judgment against the coal company, Bluestone Resources Inc., but United States District Judge James Jones stayed his own order in October after Bluestone contended a seizure ...

1st Source Co. (NASDAQ:SRCE – Get Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $56.04 and last traded at $56.04, with a volume of 19384 shares traded. The stock had previously closed at $55.35. Analyst Ratings Changes Separately, StockNews.com initiated coverage on 1st […]

Corrections & Amplifications

Key Insights Given the large stake in the stock by institutions, 1st Source's stock price might be vulnerable to their...

1ST Source Bank boosted its holdings in shares of 1st Source Co. (NASDAQ:SRCE – Free Report) by 0.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,404,470 shares of the financial services provider’s stock after acquiring an additional […]

StockNews.com initiated coverage on shares of 1st Source (NASDAQ:SRCE – Free Report) in a research note released on Thursday morning. The brokerage issued a hold rating on the financial services provider’s stock. SRCE has been the topic of several other research reports. Piper Sandler upped their price target on shares of 1st Source from $49.00 […]

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

StockNews.com began coverage on shares of 1st Source (NASDAQ:SRCE – Free Report) in a research report sent to investors on Thursday. The brokerage issued a hold rating on the financial services provider’s stock. A number of other brokerages have also commented on SRCE. Piper Sandler raised their price target on 1st Source from $49.00 to […]