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Message Boards Settings 1st Source Corporation (SRCE) - Quote Info
SRCE's leasing portfolio is likely to blow up      6-Oct-08 11:12 am    
The commodities trade is over - construction companies are cooked. Aircraft leasing is also over the cliff.
SRCE's asset management biz is down over 20% now - going over the cliff. Also has large consumer loans (home equity, cars etc.)that make up 23% of total loans. OUCH!!
stock trades at 16x trailing twelve months earnings = expensive.
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jssssb

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SRCE's leasing portfolio is likely to blow up
jssssb (1 Rating) 6-Oct-08 11:12 am  
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1st Source Corporation (SRCE)

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On Dec 17: 14.69 0.00 (0.00%)
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