Drew Industries Doubles its Credit Line Capacity to $200 Million
PR Newswire - Thu Apr 28, 7:30AM CDT
Drew Industries Incorporated (NYSE: DW), a leading supplier of components for the recreational vehicle and adjacent industries, today announced the successful refinancing of its revolving credit facility. The new five-year $200 million revolving credit facility replaces its existing $100 million revolving credit facility, which was scheduled to expire in January 2019. The Company had no borrowings under the prior facility at the closing of the refinancing.
SRCE: 34.63 (-0.76), DW: 101.37 (-0.48)
1st Source posts 1Q profit
Automated Insights - Thu Apr 21, 8:19AM CDT
SOUTH BEND, Ind. (AP) _ 1st Source Corp. (SRCE) on Thursday reported first-quarter profit of $13.8 million.
SRCE: 34.63 (-0.76)
First Quarter Earnings Steady at 1st Source Corporation, Cash Dividend Declared
BusinessWire - Thu Apr 21, 8:11AM CDT
1st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, today reported net income of $13.82 million for the first quarter of 2016, an increase of 2.27% compared to $13.51 million reported in the first quarter a year ago. Diluted net income per common share for the first quarter of 2016 was $0.53, up 3.92% over the $0.51 in the first quarter of 2015. (The March 31, 2015 share and per share information has been adjusted for a 10% stock dividend declared on July 22, 2015 and issued on August 14, 2015, unless otherwise noted.)
SRCE: 34.63 (-0.76)
1st Source Corporation Reports Earnings, History of Increased Dividends Continues
BusinessWire - Thu Jan 21, 3:05PM CST
1st Source Corporation (NASDAQ:SRCE), parent company of 1st Source Bank, today announced net income of $57.49 million for the year of 2015, compared to $58.07 million in 2014. Fourth quarter net income was $14.42 million, compared to $15.00 million in the fourth quarter of 2014. The 2014 results included $3.30 million of one-time tax benefits of which $2.12 million was in the fourth quarter. These benefits were the result of a resolution of uncertain tax positions due to settlements with taxing authorities and the lapse of the applicable statute of limitations.
SRCE: 34.63 (-0.76)
1st Source Corporation Prices Secondary Common Stock Offering
BusinessWire - Thu Dec 10, 7:28AM CST
1st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, announced today the pricing of an underwritten offering of 1,200,000 shares of its common stock by certain of the Morris Family Trusts, at the direction of certain beneficiaries of such trusts. The shares will be offered at a price to the public of $30.50 per share. The offering is expected to close on December 15, 2015, subject to customary closing conditions.
SRCE: 34.63 (-0.76)
1st Source commences secondary offering of 1.1m common stock
M2 - Thu Dec 10, 5:14AM CST
1st Source Corporation (NASDAQ:SRCE) reported on Thursday that an underwritten offering of about 1,100,000 shares of its common stock has been commenced by some of the Morris Family Trusts, directed by certain beneficiaries of such trusts and subject to market and other conditions.
SRCE: 34.63 (-0.76)
1st Source Corporation Announces Secondary Common Stock Offering
BusinessWire - Wed Dec 09, 3:05PM CST
1st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, announced today the commencement of an underwritten offering of approximately 1,100,000 shares of its common stock by certain of the Morris Family Trusts, at the direction of certain beneficiaries of such trusts, subject to market and other conditions.
SRCE: 34.63 (-0.76)
Third Quarter Earnings Steady at 1st Source Corporation, Cash Dividend Declared
BusinessWire - Thu Oct 22, 3:05PM CDT
1st Source Corporation (NASDAQ:SRCE), parent company of 1st Source Bank, today reported net income of $13.93 million for the third quarter of 2015, down $1.02 million or 6.82% from the $14.95 million earned in the third quarter of 2014. Year to date, net income was $43.07 million, stable compared to the first nine months of last year. The single largest factor in the difference between 2015 and 2014 was a one-time income tax benefit of $1.18 million in the third quarter of 2014. Diluted net income per common share for the third quarter amounted to $0.53, down 5.36% compared to the $0.56 in the third quarter of 2014. Diluted net income per common share for the first three quarters of 2015 was $1.63, an increase of 1.24% compared to the $1.61 earned a year earlier. (All share and per share information has been adjusted for a 10% stock dividend declared on July 22, 2015 and issued on August 14, 2015, unless otherwise noted.)
SRCE: 34.63 (-0.76)
Execu-Ride, Inc. Sues 1st Source Bank Division for Consumer Fraud and Malicious Interference
BusinessWire - Tue Sep 22, 9:39AM CDT
Depositions continue in a lawsuit and counterclaim where Execu-Ride, Inc., a New Jersey car rental company, is suing Trucker's Bank Plan, an automotive finance company and division of Indiana-based 1st Source Bank for consumer fraud, intentional/malicious interference, and breach of good faith and fair dealing among other counts. Execu-Ride alleges that the bank lowered its borrowing limit based on false information provided to the bank by an Execu-Ride competitor. The bank's actions, according to the lawsuit, have caused Execu-Ride considerable damage.
SRCE: 34.63 (-0.76)
Record Second Quarter Earnings at 1st Source Corporation, Cash and Stock Dividends Declared
BusinessWire - Thu Jul 23, 9:00AM CDT
1st Source Corporation (NASDAQ:SRCE), parent company of 1st Source Bank, today reported net income of $15.63 million for the second quarter of 2015, up 7.84% over the $14.49 million earned in the second quarter of 2014. Year to date, net income was $29.14 million, up 3.61% compared to the first six months of last year. Diluted net income per common share for the second quarter amounted to $0.59, up 9.26% compared to the $0.54 in the second quarter of 2014. Diluted net income per common share for the first half of 2015 was $1.10, an increase of 5.77% compared to the $1.04 earned a year earlier. (All share and per share information has been adjusted for a 10% stock dividend declared on July 22, 2015, unless otherwise noted.)
SRCE: 34.63 (-0.76)
First Quarter Earnings Steady at 1st Source Corporation, Dividend Declared
BusinessWire - Thu Apr 23, 8:30AM CDT
1st Source Corporation (NASDAQ:SRCE), parent company of 1st Source Bank, today announced net income of $13.51 million for the first quarter of 2015 compared to $13.63 million reported in the first quarter a year ago. Diluted net income per common share for the first quarter of 2015 was $0.56, up 1.82% over the $0.55 in the first quarter of 2014.
SRCE: 34.63 (-0.76)
1st Source Corporation Again Named to KBW "Bank Honor Roll" of Superior Performers
BusinessWire - Mon Apr 13, 11:26AM CDT
1st Source Corporation (NASDAQ:SRCE) has once again been named to the Keefe, Bruyette & Woods, Inc. (KBW) "Bank Honor Roll" of Superior Performers in recognition of the bank's strong performance over the past ten years. 1st Source is one of 25 banks to be named to this esteemed list.
SRCE: 34.63 (-0.76)
Annual Changes to the NASDAQ US Broad Dividend Achiever Index
GlobeNewswire - Mon Mar 16, 6:05AM CDT
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the annual evaluation of the NASDAQ US Broad Dividend Achievers(TM) Index (Nasdaq
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