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INBK First Internet Bancorp News Story

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

* First Internet Bancorp  INBK.OQ  reported quarterly adjusted
earnings of $1.05​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 95 cents per share.
* Revenue rose 36.7% to $20.53 million from a year ago​; 
analysts expected $21.33 million.
* First Internet Bancorp's reported EPS for the quarter was
$1.05​.
* The mean earnings estimate of analysts had risen by about 29%
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 fallen by 5.1% this
quarter and gained 16.3% so far this year.
* The company reported quarterly net income of $10.45 million.
* Wall Street's median 12-month price target for First Internet
Bancorp is $42.00 
* 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 April 21 at 10:10 p.m. GMT.
​All figures in US Dollars.​

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