First Internet (INBK) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

Core Viewpoint - First Internet Bancorp (INBK) is expected to report significant growth in quarterly earnings and revenues, indicating strong performance compared to the previous year [1] Earnings Projections - Wall Street analysts predict quarterly earnings of $0.97 per share, reflecting a 102.1% increase year-over-year [1] - Revenues are forecasted to be $35.65 million, representing a year-over-year increase of 31% [1] - There has been no revision in the consensus EPS estimate over the last 30 days, indicating stability in analysts' forecasts [2] Key Financial Metrics - Analysts estimate 'Net Interest Income (FTE)' to be $25.04 million, up from $21.05 million in the same quarter last year [5] - 'Total noninterest income' is forecasted to reach $11.73 million, compared to $7.40 million in the same quarter last year [5] - Another estimate for 'Net Interest Income' is $23.92 million, an increase from $19.81 million reported in the same quarter last year [6] Stock Performance - Over the past month, First Internet shares have recorded a return of -5.6%, while the Zacks S&P 500 composite has changed by -0.4% [7] - Based on its Zacks Rank 3 (Hold), INBK is expected to perform in line with the overall market in the upcoming period [7]