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

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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