Earnings Summary

First Internet Bancorp’s revenue fell -36.45% since last year same period to $22.94Mn in the Q2 2023. On a quarterly growth basis, First Internet Bancorp has generated -0.43% fall in its revenue since last 3-months.

First Internet Bancorp’s net profit fell -84.88% since last year same period to $3.88Mn in the Q2 2023. On a quarterly growth basis, First Internet Bancorp has generated 397.47% jump in its net profits since last 3-months.

First Internet Bancorp’s net profit margin fell -76.21% since last year same period to 16.92% in the Q2 2023. On a quarterly growth basis, First Internet Bancorp has generated 398.75% jump in its net profit margins since last 3-months.

First Internet Bancorp’s earning per share (EPS) estimates for the current quarter stand at 0.72 - a -36.28% fall from last quarter’s estimates.

First Internet Bancorp’s earning per share (EPS) estimates for the current year stand at 0.72.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. First Internet Bancorp’s return on assets (ROA) stands at 0.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. First Internet Bancorp’s return on equity (ROE) stands at 0.04.

First Internet Bancorp declared 0.06 dividend per share during the earnings announcement for Q1 2023.