First Internet Bancorp expected to post earnings of $1.13 a share - Earnings Preview

First Internet Bancorp

18/10/2021 22:37

* First Internet Bancorp  INBK.OQ   INBK.O  is expected to show
a rise in quarterly revenue when it reports results on October
20. 
* The Fishers, Indiana-based company is expected to report  a
44.4% increase in revenue to $23.433 million from $16.23 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for First Internet Bancorp
is for earnings of $1.13 per share. For the same quarter last
year, the company reported earnings of $1.03 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 $45​, about 28.4% above​ its last closing price
of $32.23. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  1.21        1.20       1.11      Missed  -7.9
 Mar. 31 2021  0.94        0.95       1.05      Beat    10.7
 Dec. 31 2020  0.86        0.85       1.12      Beat    32​
 Sep. 30 2020  0.44        0.41       1.03      Beat    151.2
 Jun.          0.25​       0.33       0.40      Beat    19.8​
 30​ 2020​                                              
 Mar. 31 2020  0.58        0.55       0.62      Beat    11.9​
 Dec. 31 2019  0.57        0.57       0.72      Beat    26.3
 Sep. 30 2019  0.61        0.61       0.63      Beat    4
 This summary was machine generated October 18 at 21:37 GMT.  All
figures in US dollars unless otherwise stated