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INBK First Internet Bancorp News Story

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First Internet Bancorp expected to post earnings of 92 cents a share - Earnings Preview

* First Internet Bancorp  INBK.OQ   INBK.O  is expected
to show a
rise in quarterly revenue when it reports  results on January 22
for the period ending December 31 2024
    * The Fishers Indiana-based  company is expected to report a
15.6% increase in revenue to $24.332 million from $21.05 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. (Sales is on Net Interest Income FTE basis)
    * ​LSEG's mean analyst estimate for First Internet Bancorp
is for
earnings of 92 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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 $45.00​, above​ its last closing price of $35.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.83        0.84       0.80      Missed  -4.2
 Jun. 30 2024  0.72        0.71       0.67      Missed  -5.7
 Mar. 31 2024  0.53        0.54       0.59      Beat    10.1​
 Dec. 31 2023  0.30        0.31       0.48      Beat    54.8
 ​​Sep.        0.36        0.36       0.39      Beat    8.9
 30 2023                                                
 Jun. 30 2023  0.38        0.38       0.44      Beat    15.2​
 Mar. 31 2023  0.46        0.46       -0.14     Missed  -130.7
 Dec. 31 2022  0.73        0.70       0.68      Missed  -2.9
 This summary was machine generated January 20 at 21:06 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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