1st Source Corporation

1st Source Corporation
100 North Michigan Street
South Bend
United States
www.1stsource.com
No. employees:
1,280
Turnover:
235.31
(US$m)
Financial year end:
December
Company Overview
1st Source Corporation (1st Source) is a bank holding company based in the US. 1st Source, through its subsidiary 1st Source Bank, provides a broad range of services which include commercial and consumer banking services, agricultural and real estate loans, trust and investment management services, and insurance services to the individual and business clients. In addition the company also provides financing services through its subsidiary, Specialty Finance Group. The company operates through its subsidiaries in 75 banking centers in 17 counties in Indiana and Michigan seven 1st Source insurance offices, 7 trust and wealth management offices, and 23 locations nationwide supporting its Specialty Finance Group. The company is headquartered at South Bend, Indiana in the US.
The company reported revenues of (U.S. Dollars) USD 235.31 million during the fiscal year ended 2008, a decrease of 7.21% from 2007. The operating profit of the company was USD 132.16 million during the fiscal year 2008, an increase of 11.14% over 2007. The net profit of the company was USD 33.39 million during the fiscal year 2008, an increase of 9.32% over 2007.
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1st Source Corporation - Financial and Strategic Analysis Review
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