First Internet Bancorp (INBK) Tops Q2 EPS by 6c

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Go back to First Internet Bancorp (INBK) Tops Q2 EPS by 6c

First Internet Bancorp Reports Second Quarter 2023 Results

July 26, 2023 4:50 PM EDT

FISHERS, Ind.--(BUSINESS WIRE)-- First Internet Bancorp (the Company) (Nasdaq: INBK), the parent company of First Internet Bank (the Bank), announced today financial and operational results for the second quarter ended June 30, 2023.

Second Quarter 2023 Financial Highlights

Net income of $3.9 million and diluted earnings per share of $0.44 Deposit growth of $232.0 million, a 6.4% increase from the first quarter of 2023 Loan growth of $39.6 million, a 1.1% increase from the first quarter of 2023 The loans to deposits ratio was 94.6%, compared to 99.6% in the first... More