1st Source Q3 2026 net income rises 17% to $49.54 million
SRCE•1st Source’s third-quarter 2026 net income rose 17% year over year to a record $49.54 million. Net interest income increased 8% to $95.59 million, and noninterest income rose 13% to $24.7 million.
1. Quarterly results
1st Source reported record third-quarter 2026 net income of $49.54 million, up 17% year over year. Net interest income climbed 8% to $95.59 million, while noninterest income increased 13% to $24.7 million.
2. Asset quality and payments
Nonperforming assets fell 19% from the previous quarter to $59.44 million, primarily due to lower nonaccrual loans and leases. The bank also launched Payments Hub for Treasury Services clients, centralizing electronic payments with intelligent routing to balance speed and costs.
