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

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

First Internet Bancorp Reports Second Quarter 2021 Results

July 21, 2021 4:22 PM EDT

Highlights for the second quarter include:

Record net income of $13.1 million, an increase of 233.1% over the second quarter of 2020 Record 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 headquarters Total revenue of $30.6 million, an increase of 57.6% over the second quarter of 2020 Adjusted revenue of $28.0 million, an increase of 44.6% over the second quarter of 2020 Net interest margin... More