1st Source Included in KBW Bank Honor Roll
Keefe, Bruyette & Woods, Inc.
(KBW) recently announced the yearly Bank Honor Roll, and 1st Source was named
among this year’s 17 honorees and has made the list for the fourth consecutive
year, placing its long-term performance among the top 5% of eligible banks in
the country. To be considered for this recognition, banks must be publicly
traded institutions with more than $500 million in total assets and must have
had 10 consecutive years of increased earnings per share.
“Receiving
this recognition for the fourth year in a row is a great honor, and it’s a
welcome confirmation, with an ongoing pandemic challenging the way the world
does business, that our focus on the long-term success of our clients in good
times and bad has led to our own continuing success,” states Christopher J.
Murphy III, Chairman and CEO of 1st Source Bank. “This recognition is testimony
to the good and smart work of my colleagues across the 1st Source organization.
It takes the whole team working carefully and well together to achieve this. We
will continue that work, meeting the needs of our clients and our communities,
so that we can serve them well into the future.”
KBW is a
Stifel company. Over the years, KBW has established itself as a leading
independent authority in the banking, insurance, brokerage, asset management,
mortgage banking and specialty finance sectors.