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1st Source Makes KBW Bank Honor Roll for 7th Consecutive Year

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1st Source Corporation (NASDAQ: SRCE) has been named to the prestigious KBW Bank Honor Roll for the seventh consecutive year, positioning itself among just 16 elite U.S. banks representing the top 5% of eligible institutions. To qualify, banks must have assets exceeding $500 million and demonstrate either consistent earnings growth over the past decade or rank in the top 5% based on 10-year EPS CAGR.

The company, with $9.0 billion in assets, is the largest locally controlled financial institution in the northern Indiana-southwestern Michigan area. 1st Source operates 78 banking centers, 18 Specialty Finance Group locations, 9 Trust and Wealth Advisory Services locations, 10 insurance offices, and 3 loan production offices.

1st Source Corporation (NASDAQ: SRCE) è stata inserita nel prestigioso KBW Bank Honor Roll per il settimo anno consecutivo, posizionandosi tra le sole 16 banche statunitensi d'élite che rappresentano il top 5% delle istituzioni ammissibili. Per qualificarsi, le banche devono avere un patrimonio superiore a 500 milioni di dollari e dimostrare una crescita costante degli utili nell'ultimo decennio oppure rientrare nel top 5% in base al CAGR degli utili per azione su 10 anni.

L'azienda, con 9,0 miliardi di dollari di attivi, è l'istituto finanziario a controllo locale più grande nell'area del nord Indiana e sud-ovest del Michigan. 1st Source gestisce 78 filiali bancarie, 18 sedi del Specialty Finance Group, 9 uffici di Trust e Wealth Advisory Services, 10 agenzie assicurative e 3 uffici di produzione prestiti.

1st Source Corporation (NASDAQ: SRCE) ha sido incluida en el prestigioso KBW Bank Honor Roll por séptimo año consecutivo, posicionándose entre solo 16 bancos de élite en EE. UU. que representan el 5% superior de las instituciones elegibles. Para calificar, los bancos deben tener activos superiores a 500 millones de dólares y demostrar un crecimiento constante de ganancias en la última década o estar en el 5% superior basado en el CAGR de EPS a 10 años.

La compañía, con 9.000 millones de dólares en activos, es la institución financiera local más grande en el área del norte de Indiana y suroeste de Michigan. 1st Source opera 78 centros bancarios, 18 ubicaciones del Specialty Finance Group, 9 oficinas de Trust and Wealth Advisory Services, 10 oficinas de seguros y 3 oficinas de producción de préstamos.

1st Source Corporation (NASDAQ: SRCE)7년 연속으로 권위 있는 KBW 은행 명예의 전당에 선정되어, 자격을 갖춘 기관 중 상위 5%에 해당하는 미국의 16개 엘리트 은행 중 하나로 자리매김했습니다. 자격 요건으로는 자산이 5억 달러를 초과해야 하며, 지난 10년간 꾸준한 수익 성장 또는 10년 EPS CAGR 기준 상위 5%에 들어야 합니다.

이 회사는 90억 달러 자산을 보유하고 있으며, 인디애나 북부-미시간 남서부 지역에서 가장 큰 지역 통제 금융 기관입니다. 1st Source는 78개의 은행 지점, 18개의 전문 금융 그룹 지점, 9개의 신탁 및 자산 관리 서비스 지점, 10개의 보험 사무소, 3개의 대출 생산 사무소를 운영하고 있습니다.

1st Source Corporation (NASDAQ : SRCE) a été nommée pour la septième année consécutive au prestigieux KBW Bank Honor Roll, se positionnant parmi seulement 16 banques d'élite américaines représentant les 5 % supérieurs des institutions éligibles. Pour se qualifier, les banques doivent avoir des actifs supérieurs à 500 millions de dollars et démontrer une croissance régulière des bénéfices au cours de la dernière décennie ou figurer dans les 5 % supérieurs selon le taux de croissance annuel composé (CAGR) du BPA sur 10 ans.

L'entreprise, avec 9,0 milliards de dollars d'actifs, est la plus grande institution financière à contrôle local dans la région du nord de l'Indiana et du sud-ouest du Michigan. 1st Source exploite 78 centres bancaires, 18 sites du Specialty Finance Group, 9 agences de services fiduciaires et de gestion de patrimoine, 10 bureaux d'assurance et 3 bureaux de production de prêts.

1st Source Corporation (NASDAQ: SRCE) wurde zum siebten Mal in Folge in die renommierte KBW Bank Honor Roll aufgenommen und zählt damit zu nur 16 Elite-Banken in den USA, die die Top 5 % der berechtigten Institute repräsentieren. Um sich zu qualifizieren, müssen Banken Vermögenswerte von über 500 Millionen US-Dollar vorweisen und entweder über das letzte Jahrzehnt hinweg ein stetiges Gewinnwachstum zeigen oder basierend auf der 10-jährigen EPS-CAGR zu den besten 5 % gehören.

Das Unternehmen verfügt über 9,0 Milliarden US-Dollar an Vermögenswerten und ist die größte lokal kontrollierte Finanzinstitution im Gebiet Nordindiana-Südwest-Michigan. 1st Source betreibt 78 Bankfilialen, 18 Standorte der Specialty Finance Group, 9 Standorte für Trust- und Vermögensberatungsdienste, 10 Versicherungsbüros und 3 Kreditproduktionsbüros.

Positive
  • Achieved KBW Bank Honor Roll recognition for 7 consecutive years
  • Ranks among top 5% of eligible U.S. banks for long-term performance
  • Demonstrates consistent earnings growth over the past decade
  • Maintains strong regional presence with $9.0 billion in assets
Negative
  • None.

Insights

1st Source's 7th consecutive KBW Honor Roll placement demonstrates exceptional earnings consistency, positioning it among elite 5% of eligible U.S. banks.

1st Source Corporation (NASDAQ: SRCE) has achieved a notable industry distinction by making the KBW Bank Honor Roll for the seventh consecutive year. This places the bank among just 16 financial institutions nationwide that have demonstrated exceptional earnings consistency and growth—essentially positioning 1st Source in the top 5% of eligible U.S. banks.

The KBW Honor Roll has stringent qualification criteria that few banks can meet: institutions must have either maintained consistent earnings growth over a decade or achieved a 10-year earnings per share compound annual growth rate in the top 5% of eligible banks. This recognition isn't merely ceremonial—it represents objective verification of 1st Source's long-term financial stability and operational excellence.

With $9.0 billion in assets, 1st Source stands as the largest locally-controlled financial institution in the northern Indiana-southwestern Michigan region. The bank's footprint includes 78 banking centers, 18 specialty finance locations, and various trust, wealth advisory, and insurance offices.

This consistently strong performance over a challenging decade for the banking sector demonstrates management's ability to navigate various economic cycles while maintaining earnings growth. Such consistency typically indicates disciplined risk management, strategic diversification, and sustainable business practices—qualities that differentiate elite regional banks from their peers and typically translate to shareholder value creation over time.

Among 16 U.S. banks with the strongest/most consistent earnings growth

South Bend, Indiana--(Newsfile Corp. - May 15, 2025) - 1st Source (NASDAQ: SRCE) is pleased to announce that it made the annual Bank Honor Roll by Keefe, Bruyette & Woods, Inc. (KBW) for the seventh consecutive year. They are among just 16 U.S. Banks on the list, placing its long-term performance among the top 5% of eligible banks in the United States. To be eligible, Banks must have more than $500 million in total assets and meet at least one of two criteria: consistent earnings growth over each of the past 10 years, and/or the top 5% of eligible banks based on a 10-year earnings per share (EPS) compounded annual growth rate (CAGR).

"To be named among just 16 elite banks in the United States for the seventh year in a row speaks volumes for 1st Source's mission," said Andrea Short, President and CEO of 1st Source Bank and President of parent company, 1st Source Corporation. "It is a welcome proof point that helping our clients achieve security, build wealth, and realize their dreams coincides with strong financial performance. When we help our clients and our communities, we help ourselves, our colleagues, and our shareholders."

KBW (Keefe, Bruyette & Woods, Inc., operating in the U.S., and Stifel Nicolaus Europe Limited, also trading as Keefe, Bruyette & Woods Europe, operating in Europe) is a Stifel company. Over the years, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance sectors.

1st Source Corporation, parent company of 1st Source Bank, has assets of $9.0 billion and is the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. The Corporation includes 78 banking centers, 18 1st Source Bank Specialty Finance Group locations nationwide, nine Trust and Wealth Advisory Services locations, 10 1st Source Insurance offices, and three loan production offices. For more than 160 years, 1st Source has been committed to our mission of helping our clients achieve security, build wealth and realize their dreams. For more information, visit https://www.1stsource.com/.

###

Contact:
Hannah Nichols
NicholsHa@1stsource.com
574-235-2128

SOURCE STRING: 1st Source Corporation

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252278

FAQ

What is the significance of 1st Source (SRCE) making the KBW Bank Honor Roll?

Making the KBW Bank Honor Roll places 1st Source among the top 5% of eligible U.S. banks, recognizing its consistent earnings growth and strong financial performance over the past decade.

How many banking centers does 1st Source (SRCE) operate in 2025?

1st Source operates 78 banking centers, along with 18 Specialty Finance Group locations, 9 Trust and Wealth Advisory Services locations, 10 insurance offices, and 3 loan production offices.

What are the eligibility criteria for the KBW Bank Honor Roll that SRCE achieved?

Banks must have over $500 million in assets and either show consistent earnings growth over the past 10 years or rank in the top 5% based on 10-year EPS compound annual growth rate.

What is 1st Source Corporation's (SRCE) total asset value in 2025?

1st Source Corporation has total assets of $9.0 billion and is the largest locally controlled financial institution in the northern Indiana-southwestern Michigan area.
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