First Internet Bancorp (INBK) Reports In-Line Q2 EPS

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First Internet Bancorp Reports Third Quarter 2018 Results

October 24, 2018 4:17 PM EDT

Highlights for the third quarter include:

Net income of $6.3 million, an increase of 28.5% from the third quarter of 2017 Diluted earnings per share of $0.61 Total loans increased $625 million from September 30, 2017, or 33.5%, and $120 million from June 30, 2018, or 20.1% annualized Net interest income of $16.0 million, an increase of 12.5% from the third quarter of 2017 and 3.3% from the second quarter of 2018

FISHERS, Ind.--(BUSINESS WIRE)-- First Internet Bancorp (the Company) (Nasdaq: INBK), the parent company of... More