First Internet Bancorp (INBK) Tops Q1 EPS by 7c, Revenues Beat

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Go back to First Internet Bancorp (INBK) Tops Q1 EPS by 7c, Revenues Beat

First Internet Bancorp Reports First Quarter 2020 Results

April 22, 2020 4:52 PM EDT

Highlights for the first quarter include:

Diluted earnings per share of $0.62, an increase of 10.7% over first quarter of 2019 Net income of $6.0 million, an increase of 5.7% over first quarter of 2019 Total revenue of $21.2 million, an increase of 14.0% over first quarter of 2019, driven by strong mortgage banking activity Total loans of $2.9 billion, up 1.8% from the first quarter of 2019

COVID-19 Response:

Ensuring the health and safety of our employees through alternative work practices, expanded benefits and enhanced engagement programs Supporting... More