First Internet Bancorp (INBK) Tops Q4 EPS by 8c

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Go back to First Internet Bancorp (INBK) Tops Q4 EPS by 8c

First Internet Bancorp Reports Fourth Quarter and Full Year 2021 Results

January 19, 2022 5:04 PM EST

Highlights for the fourth quarter and full year 2021 include:

Record annual net income and diluted earnings per share of $48.1 million and $4.82, respectively Quarterly net income of $12.5 million, compared to $12.1 million for the third quarter of 2021 and $11.1 million for the fourth quarter of 2020 Quarterly diluted earnings per share of $1.25, up 3.3% over the third quarter of 2021 and 11.6% over the fourth quarter of 2020 Quarterly adjusted net income of $13.0 million, or $1.30 per diluted share, when excluding an IT contract termination fee and acquisition-related expenses Total quarterly revenue of $31.2... More