First Internet Bancorp Q2 2023 Earnings Report

First Internet Bancorp EPS Results

• Actual EPS: $0.44
• Consensus EPS: $0.41
• Beat/Miss: Beat by +$0.03
• One Year Ago EPS: N/A

First Internet Bancorp Revenue Results

• Actual Revenue: $24.02 million
• Expected Revenue: $23.40 million
• Beat/Miss: Beat by +$620.00 thousand
• YoY Revenue Growth: N/A

First Internet Bancorp Announcement Details

• Quarter: Q2 2023
• Date: 7/26/2023
• Time: N/A

First Internet Bancorp (NASDAQ:INBK) operates as the bank holding company for First Internet Bank of Indiana that provides commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States. The company accepts non-interest bearing and interest-bearing demand deposit, commercial deposit, savings, money market, and Banking-as-a-Service brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real estate, construction, residential mortgage, home equity, line of credit and home improvement, small installment, term, and other consumer loans, as well as single tenant lease financing, and public and healthcare finance; franchise finance; and small business lending. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and provision of public and municipal lending and leasing products to government entities. Further, the company offers corporate credit card and treasury management services. First Internet Bancorp was founded in 1998 and is headquartered in Fishers, Indiana.