First Internet Bancorp Reports Second Quarter 2021 Results

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First Internet Bancorp (INBK) Misses Q2 EPS by 9c

July 21, 2021 4:25 PM EDT

First Internet Bancorp (NASDAQ: INBK) reported Q2 EPS of $1.11, $0.09 worse than the analyst estimate of $1.20.

Record net income of $13.1 million, an increase of 233.1% over the second quarter of 2020Record diluted earnings per share of $1.31, an increase of 227.5% over the second quarter of 2020 Adjusted net income of $11.1 million, or $1.11 per diluted share, when excluding a $2.5 million pre-tax gain on the sale of the Companys corporate... More