First Internet Bancorp (INBK) Tops Q3 EPS by 2c, Revenues Beat

Go back to First Internet Bancorp (INBK) Tops Q3 EPS by 2c, Revenues Beat

First Internet Bancorp Reports Third Quarter 2019 Results

October 23, 2019 4:19 PM EDT

Highlights for the third quarter include:

Diluted earnings per share of $0.63, an increase of 5.0% from the second quarter Record quarterly net income of $6.3 million, an increase of 3.3% from the second quarter Total revenue of $20.8 million, a 6.4% increase from the second quarter driven by increased mortgage banking activity Completed the stock repurchase program purchasing 274,658 shares during the quarter at an average price of $20.57 per share

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