SOUTH BEND, Ind. (AP) — SOUTH BEND, Ind. (AP) — 1st Source Corp. (SRCE) on Thursday reported third-quarter profit of $49.5 million.

The South Bend, Indiana-based bank said it had earnings of $2.03 per share. Earnings, adjusted for non-recurring costs, were $2.16 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.83 per share.

The holding company for 1st Source Bank posted revenue of $161.8 million in the period. Its revenue net of interest expense was $124.1 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SRCE at https://www.zacks.com/ap/SRCE