BackSummary
1st Source Corporation released its Q1 2026 investor presentation, highlighting financial performance and strategic positioning.
Key takeaways
- Net income for Q1 2026 YTD was $40.0 million, up from $37.5 million in Q1 2025 YTD.
- Diluted EPS for Q1 2026 YTD was $1.63, compared to $1.52 in Q1 2025 YTD.
- Net interest margin (FTE) improved to 4.25% in Q1 2026 YTD from 3.90% in Q1 2025 YTD.
- Total average loans and leases grew to $7,023 million in Q1 2026 YTD from $6,935 million in 2025.
- Nonperforming assets remained low at 1.03% of net loans and leases in Q1 2026 YTD.
- Core deposit franchise remains strong with $6,467 million in average core deposits for Q1 2026 YTD.