1st Source Corporation reported a net income of $31.07 million for Q4 2022, up 12.07% from Q4 2021. Diluted net income per common share was $1.25, up 12.61% from the prior year's fourth quarter. A cash dividend of $0.32 per common share was approved, up 3.23% from the dividend declared a year ago.
Net income for the fourth quarter of 2022 was $31.07 million, up 12.07% from the fourth quarter of 2021.
Diluted net income per common share for the fourth quarter of 2022 was $1.25, up 12.61% from the prior year’s fourth quarter.
A cash dividend of $0.32 per common share was approved, up 3.23% from the cash dividend declared a year ago.
Tax-equivalent net interest income was $71.67 million in the fourth quarter, up 19.10% from the fourth quarter of 2021.