First Internet Bancorp (INBK) Tops Q3 EPS by 13c

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Go back to First Internet Bancorp (INBK) Tops Q3 EPS by 13c

First Internet Bancorp Reports Third Quarter 2021 Results

October 20, 2021 4:51 PM EDT

Highlights for the third quarter include:

Net income of $12.1 million, an increase of 43.7% over the third quarter of 2020 Diluted earnings per share of $1.21, an increase of 40.7% over the third quarter of 2020 Adjusted net income of $12.7 million, or $1.27 per diluted share, when excluding $0.8 million of pre-tax costs associated with the redemption of subordinated notes Total revenue of $28.7 million and adjusted total revenue of $29.5 million, an increase of 2.8% over the third quarter of 2020 New board authorization to repurchase up to $30.0 million of common stock through the end... More