First Internet Bancorp reports results for the quarter ended in December - Earnings Summary

First Internet Bancorp

20/01/2022 24:34

* First Internet Bancorp  INBK.OQ  reported quarterly
adjusted
earnings of $1.30​​ per share for the quarter ended in December.
The mean expectation of five analysts for the quarter was for 
 earnings of $1.17 per share.
    * Revenue rose 65.4% to $31.20 million from a year ago; 
analysts
expected $23.13 million. 
    * First Internet Bancorp's reported EPS for the quarter was
$1.25​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * First Internet Bancorp shares had risen by 11.9% this
quarter.
    * The company reported quarterly net income of $12.48
million.
    * Wall Street's median 12-month price target for First
Internet
Bancorp is $56.00 
    * 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." 

This summary was machine generated January 20 at 12:34 a.m.
 ​All figures in US dollars unless otherwise stated