South Bend-based 1st Source Bank was named to Keefe, Bruyette & Woods’ annual Bank Honor Roll.
This marks the seventh consecutive year 1st Source Bank has received the recognition. They are one of 16 U.S. banks on the list.
To be eligible, banks must have over $500 million in total assets. They also must meet at least one of two criteria: consistent earnings growth over each of the past 10 years, and/or the top 5% of eligible banks based on a 10-year earnings per share compounded annual growth rate.
“To be named among just 16 elite banks in the United States for the seventh year in a row speaks volumes for 1st Source’s mission,” said Andrea Short, 1st Source Bank president and CEO, and 1st Source Corp. president, in a press release. “It is a welcome proof point that helping our clients achieve security, build wealth and realize their dreams coincides with strong financial performance. When we help our clients and our communities, we help ourselves, our colleagues and our shareholders.”
KBW (Keefe, Bruyette & Woods) is an investment banking firm. KBW is based in New York City.
1st Source Corp. is the parent company of 1st Source Bank. The corporation includes 77 banking centers and 18 1st Source Bank Specialty Finance Group locations nationwide. 1st Source Bank was founded 160 years ago.
