First Internet Bancorp expected to post earnings of $1.12 a share - Earnings Preview

First Internet Bancorp

18/07/2022 22:22

* First Internet Bancorp  INBK.OQ   INBK.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 20. 
    * The Fishers Indiana-based  company is expected to report 
a
14.8% increase in revenue to $26.403 million from $23 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for First Internet
Bancorp is
for earnings of $1.12 per share. For the same quarter last year,
the company reported earnings of $1.11 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for First
Internet
Bancorp is $46​, above​ its last closing price of $36.55. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.00        0.99       1.14      Beat    15.1
 Dec. 31 2022  1.19        1.17       1.30      Beat    11.2
 Sep. 30 2021  1.14        1.13       1.27      Beat    12.2​
 Jun. 30 2021  1.21        1.20       1.11      Missed  -7.9
 ​​Mar.        0.94        0.95       1.05      Beat    10.7
 31 2021                                                
 Dec. 31 2020  0.86        0.85       1.12      Beat    32​
 Sep. 30 2020  0.44        0.41       1.03      Beat    151.2
 Jun. 30 2020  0.25        0.33       0.40      Beat    19.8
 This summary was machine generated July 18 at 21:22 GMT.  All
figures in US dollars  unless otherwise stated