1ST SOURCE CORP Files 8-K for Q4 2023 Earnings Release
Ticker: SRCE · Form: 8-K · Filed: Jan 18, 2024 · CIK: 34782
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-condition, 8-K
TL;DR
**1ST Source Corp just filed an 8-K for their Q4 2023 earnings release, get ready for the numbers!**
AI Summary
1st Source Corporation filed an 8-K on January 18, 2024, to announce its Fourth Quarter 2023 Earnings Release. This filing indicates that the company will be disclosing its financial performance for the last quarter of 2023, which is a routine but critical event for investors. For shareholders, this matters because the earnings report will reveal key metrics like revenue, profit, and future outlook, directly impacting the stock's perceived value and potential future dividends.
Why It Matters
This filing signals that 1st Source Corporation is about to release its latest financial results, which will provide crucial insights into the company's health and future prospects. Investors will use this information to evaluate their holdings and make informed decisions.
Risk Assessment
Risk Level: low — This 8-K is a standard procedural filing announcing an upcoming earnings release, which is a routine event for public companies and does not inherently carry high risk.
Analyst Insight
A smart investor would prepare to review the full Q4 2023 earnings report once it's released to assess 1st Source Corporation's financial health and future outlook, rather than reacting to this procedural announcement alone.
Key Players & Entities
- 1st Source Corporation (company) — the registrant filing the 8-K
- January 18, 2024 (date) — date of earliest event reported and filing date
- SRCE (company) — trading symbol for 1st Source Corporation
- The NASDAQ Stock Market LLC (company) — exchange where SRCE is registered
Forward-Looking Statements
- 1st Source Corporation will release its detailed Q4 2023 financial results shortly after this 8-K filing. (1st Source Corporation) — high confidence, target: Q1 2024
FAQ
What is the purpose of this 8-K filing by 1st Source Corporation?
The purpose of this 8-K filing by 1st Source Corporation is to announce the upcoming release of its Fourth Quarter 2023 Earnings, as indicated by the 'ITEM INFORMATION: Results of Operations and Financial Condition' and '4TH QTR 2023 EARNINGS RELEASE' in the filing.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on January 18, 2024, as stated under 'Date of Report (Date of earliest event reported): January 18, 2024'.
What is the trading symbol and the exchange for 1st Source Corporation's Common Stock?
The trading symbol for 1st Source Corporation's Common Stock is SRCE, and it is registered on The NASDAQ Stock Market LLC, as detailed under 'Securities registered pursuant to Section 12(b) of the Act'.
What is the business address of 1st Source Corporation?
The business address of 1st Source Corporation is 100 North Michigan Street, South Bend, Indiana 46601, as provided in the 'BUSINESS ADDRESS' section of the filing.
Is 1st Source Corporation considered an emerging growth company according to this filing?
No, 1st Source Corporation is not considered an emerging growth company, as indicated by the unchecked box next to 'Emerging growth company' in the filing.
Filing Stats: 469 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-01-18 16:10:24
Filing Documents
- source-20240118.htm (8-K) — 21KB
- ex01182024991pressrelease.htm (EX-99.1) — 690KB
- pressreleasecorplogoa.jpg (GRAPHIC) — 17KB
- 0000034782-24-000010.txt ( ) — 900KB
- source-20240118.xsd (EX-101.SCH) — 2KB
- source-20240118_lab.xml (EX-101.LAB) — 24KB
- source-20240118_pre.xml (EX-101.PRE) — 13KB
- source-20240118_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
ITEM 2.02 Results of Operations and Financial Condition. On January 18, 2024, 1st Source Corporation issued a press release that announced its fourth quarter earnings for 2023. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.
01 Financial Statements and Exhibits
ITEM 9.01 Financial Statements and Exhibits. Exhibit 99.1: Press release dated January 18, 2024, with respect to 1st Source Corporation's financial results for the fourth quarter ended December 31, 2023. 101 Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business reporting Language). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. 1st SOURCE CORPORATION (Registrant) Date: January 18, 2024 /s/ BRETT A. BAUER Brett A. Bauer Treasurer and Chief Financial Officer Principal Accounting Officer