First Internet Bancorp(US:INBK) ZACKS·2025-01-23 00:16Group 1 - First Internet Bancorp (INBK) reported quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.97 per share, and down from $0.48 per share a year ago, representing an earnings surprise of -57.73% [1] - The company posted revenues of $39.49 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 10.76%, compared to year-ago revenues of $27.21 million [2] - Over the last four quarters, First Internet has surpassed consensus revenue estimates four times, but has only exceeded consensus EPS estimates once [2] Group 2 - The stock has underperformed the market, losing about 0.3% since the beginning of the year, while the S&P 500 gained 2.9% [3] - The current consensus EPS estimate for the coming quarter is $0.70 on revenues of $33.3 million, and for the current fiscal year, it is $4.25 on revenues of $153.5 million [7] - The Zacks Industry Rank for Banks - Northeast is currently in the top 24% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]