1st Source Corporation, parent company of 1st Source Bank, has been named to the prestigious Sandler O’Neill Bank & Thrift Sm-All Stars list, a select group of 31 top performing U.S. publicly-traded banks and thrifts with a market cap below $2.5 billion.
“I am very pleased with our recognition as one of the top performing banks in the country,” said Christopher J. Murphy III, 1st Source Chairman and CEO. “Since 1863, we’ve been committed to offering outstanding client service, maintaining strong credit quality, and striving for a superior financial performance. This recognition is a result of that commitment and the hard work and dedication of my colleagues at the bank.”
To identify the top performing banks and thrifts in the country, Sandler O’Neill & Partners evaluated 450 publicly traded banks and thrifts with a market cap below $2.5 billion using the criteria of growth, profitability, credit quality and capital strength. Based on the results, only 1st Source Bank and 30 other financial institutions were identified as Sm-All Stars.
Photo: Chris Murphy with the Sandler O'Neill Bank & Thrift Sm-All Stars trophy