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

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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