
Elevate Financial Services
1st Source (SRCE) Could be a Great Choice
Chicago, IL - June 15, 2022 - Zacks Equity Research Reports has published a new article highlighting 1st Source (SRCE) as a potential great choice for investors. According to the report, the company's strong financial performance and its position in the financial services industry make it an attractive investment opportunity.
The report notes that 1st Source has consistently delivered strong financial results, with a five-year average return on equity of 14.4%. The company's financial performance has been driven by its diversified portfolio of financial services, including banking, trust, and investment services.
In addition to its strong financial performance, the report highlights 1st Source's position in the financial services industry. The company has a strong presence in the Midwest, with over 100 banking centers and trust offices throughout the region. This strong presence gives the company a competitive advantage in the market, allowing it to attract and retain customers.
The report also notes that 1st Source has a strong track record of dividend payments, with a five-year average dividend yield of 2.6%. This makes the company an attractive choice for income-seeking investors.
Overall, the report concludes that 1st Source (SRCE) could be a great choice for investors looking for a strong financial performer with a competitive edge in the market. With its diversified portfolio of financial services and strong track record of dividend payments, the company has the potential to deliver strong returns for investors.