First Internet Bancorp (INBK) Misses Q2 EPS by 7c

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Go back to First Internet Bancorp (INBK) Misses Q2 EPS by 7c

First Internet Bancorp Reports Second Quarter 2022 Results

July 20, 2022 4:57 PM EDT

Highlights for the second quarter include:

Quarterly net income of $9.5 million, compared to $11.2 million for the first quarter of 2022 and $13.1 million for the second quarter of 2021 Quarterly diluted earnings per share of $0.99, compared to $1.14 for the first quarter of 2022 and $1.31 for the second quarter of 2021 Quarterly adjusted net income of $10.3 million, or $1.06 per diluted share, when excluding nonrecurring expenses Loan growth of $201.3 million, a 7.0% increase from the first quarter of 2022 and a 4.2% increase from the second quarter of 2021 Net interest margin and fully-taxable equivalent net... More