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

First Internet Bancorp

20/07/2022 22:53

* First Internet Bancorp  INBK.OQ  reported quarterly
adjusted
earnings of 99 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of $1.12 per share.
    * Revenue rose 11.6% to $25.68 million from a year ago; 
analysts
expected $26.40 million. 
    * First Internet Bancorp's reported EPS for the quarter was
99
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * First Internet Bancorp shares had risen by 7.5% this
quarter and
lost 15.8% so far this year.
    * The company reported quarterly net income of $9.55
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 20 at 09:53 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.12           0.99           Missed
 Mar. 31 2022      0.99           1.14           Beat
 Dec. 31 2021      1.17           1.30           Beat
 Sep. 30 2021      1.13           1.27           Beat
 This summary was machine generated from Refinitiv data July 20
at 09:53 p.m