First Internet Bancorp Reports Fourth Quarter and Full Year 2019 Results

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Go back to First Internet Bancorp Reports Fourth Quarter and Full Year 2019 Results

First Internet Bancorp (INBK) Tops Q4 EPS by 15c, Revenues Beat

January 22, 2020 4:29 PM EST

First Internet Bancorp (NASDAQ: INBK) reported Q4 EPS of $0.72, $0.15 better than the analyst estimate of $0.57. Revenue for the quarter came in at $20.8 million versus the consensus estimate of $16.35 million.

Record annual net income and diluted earnings per share of $25.2 million and $2.51, respectivelyRecord quarterly net income of $7.1 million, compared to $6.3 million for the third quarter of 2019 and $3.6 million for the fourth quarter of 2018Record quarterly diluted earnings per share of $0.72, compared to $0.63 diluted earnings per share for the third quarter of 2019... More