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

First Internet Bancorp

21/04/2022 04:55

* First Internet Bancorp  INBK.OQ  reported quarterly
adjusted
earnings of $1.14​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 99 cents per share.
    * Revenue rose 19.1% to $26.06 million from a year ago; 
analysts
expected $27.87 million. 
    * First Internet Bancorp's reported EPS for the quarter was
$1.14​.
    * The mean earnings estimate of analysts had risen by
about 0.4%
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
lost 8.0% so far this year.
    * The company reported quarterly net income of $11.21
million.
    * Wall Street's median 12-month price target for First
Internet
Bancorp is $66.00 
    * 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 03:55 a.m.  ​All
figures in US dollars unless otherwise stated