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

First Internet Bancorp

21/07/2021 22:54

* First Internet Bancorp  INBK.OQ  reported quarterly adjusted
earnings of $1.11​​ per share for the quarter ended in June. The
mean expectation of four analysts for the quarter was
for earnings of $1.20 per share.
* Revenue rose 59.4% to $23.00 million from a year ago; 
analysts expected $23.07 million. 
* First Internet Bancorp's reported EPS for the quarter was
$1.31​.
* The mean earnings estimate of analysts had risen by
about 26.2% 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 0.6% this
quarter and gained 8.5% so far this year.
* The company reported quarterly net income of $13.1 million.
* Wall Street's median 12-month price target for First Internet
Bancorp is $46.00 
* 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 July 21 at 09:54 p.m.  ​All
figures in US dollars unless otherwise stated