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

First Internet Bancorp

21/10/2021 16:59

* First Internet Bancorp  INBK.OQ  reported quarterly adjusted
earnings of $1.27​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of $1.13 per share.
* Revenue rose 37.2% to $22.28 million from a year ago; 
analysts expected $23.43 million. 
* First Internet Bancorp's reported EPS for the quarter was
$1.21​.
* The mean earnings estimate of analysts had fallen by
about 1.7% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* First Internet Bancorp shares had risen by 6.7% this
quarter and gained 15.8% so far this year.
* The company reported quarterly net income of $12.09 million.
* Wall Street's median 12-month price target for First Internet
Bancorp is $45.00 
* 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 October 21 at 03:59 p.m.
 ​All figures in US dollars unless otherwise stated