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

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

First Internet Bancorp Reports Fourth Quarter and Full Year 2019 Results

January 22, 2020 4:28 PM EST

Highlights for the fourth quarter and full year 2019 include:

Record annual net income and diluted earnings per share of $25.2 million and $2.51, respectively Record 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 2018 Record quarterly diluted earnings per share of $0.72, compared to $0.63 diluted earnings per share for the third quarter of 2019 and $0.35 diluted earnings per share for the fourth quarter of 2018 Total quarterly revenue of $20.8 million, consistent with the third quarter of 2019 and an 18.9% increase from the... More