Fourth Quarter 2024 Highlights Net income of $7.3 million, up 4.9% from 3Q24 Diluted EPS of $0.83, up 3.8% from 3Q24 Adjusted total revenue of $34.8 million1, up 2.8% from 3Q24 – 4Q24 amount includes $4.7 million of prepayment and terminated interest rate swap gains Net interest margin of 1.67% and FTE NIM of 1.75%1,2, both up 5 bps from 3Q24 Deposit costs declined 17 bps while the yield on interest earning assets only declined 6 bps SBA GOS revenue of $8.6 million; impacted by timing of originations during ...

First Internet Bancorp (NASDAQ:INBK) Q4 2024 Earnings Conference Call January 23, 2024 2:00 PM ET Company Participants Ben Brodkowitz - Financial Profiles, Inc. David Becker - Chairman & CEO Ken Lovik - EVP & CFO Conference Call Participants Brett Rabatin - Hovde Group Tim Switzer - KBW Nathan Race - Piper Sandler George Sutton - Craig Hallum John Rodis - Janney Montgomery Scott Operator Good day, everyone, and welcome to the First Internet Bancorp's Fourth Quarter and Full Year 2024 Conference Call. [Opera ...

First Internet Bancorp (INBK) reported $39.49 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 45.1%. EPS of $0.41 for the same period compares to $0.48 a year ago.The reported revenue represents a surprise of +10.76% over the Zacks Consensus Estimate of $35.65 million. With the consensus EPS estimate being $0.97, the EPS surprise was -57.73%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectati ...

First Internet Bancorp (INBK) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -57.73%. A quarter ago, it was expected that this internet bank would post earnings of $0.81 per share when it actually produced earnings of $0.80, delivering a surprise of -1.23%.Over the last four quarters ...

Fourth Quarter 2024 Financial Highlights Full Year 2024 Financial Highlights This information represents a non-GAAP financial measure. For a discussion of non-GAAP financial measures, see the section below entitled "Non-GAAP Financial Measures." 1 ▪ Net income of $7.3 million, an increase of 4.9% from the third quarter of 2024 ▪ Diluted earnings per share of $0.83, an increase of 3.8% from the third quarter of 2024 ▪ Net interest income of $23.6 million and fully taxable equivalent net interest income of $2 ...

In its upcoming report, First Internet Bancorp (INBK) is predicted by Wall Street analysts to post quarterly earnings of $0.97 per share, reflecting an increase of 102.1% compared to the same period last year. Revenues are forecasted to be $35.65 million, representing a year-over-year increase of 31%.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of th ...

A downtrend has been apparent in First Internet Bancorp (INBK) lately. While the stock has lost 5.2% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish cas ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From ________ to ________. | --- | --- | --- | |-----------------------------------------------------------------------|--------------------------------------- ...

First Internet Bancorp (INBK) closed the last trading session at $33.35, gaining 0.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $41.70 indicates a 25% upside potential.The mean estimate comprises five short-term price targets with a standard deviation of $2.91. While the lowest estimate of $38.50 indicates a 15.4% increase from the current price level, the most optimistic ana ...

First Internet Bancorp (NASDAQ:INBK) Q3 2024 Earnings Conference Call October 24, 2024 2:00 PM ET Company Participants Ben Brodkowitz - Financial Profiles, Inc. David Becker - Chairman & Chief Executive Officer Ken Lovik - Executive Vice President & Chief Financial Officer Conference Call Participants Brett Rabatin - Hovde Group Tim Switzer - KBW Nathan Race - Piper Sandler George Sutton - Craig-Hallum Operator Good day, everyone, and welcome to the First Internet Bancorp Earnings Conference Call for the Th ...