FIRST INTERNET BANCORP logo

INBK

FIRST INTERNET BANCORP

$25.06

Earnings Summary

Revenue
$36.03Mn
Net Profits
$25.75Mn
Net Profit Margins
71.46%

Highlights

Revenue:

FIRST INTERNET BANCORP’s revenue jumped 27.03% since last year same period to $36.03Mn in the Q1 2022. On a quarterly growth basis, FIRST INTERNET BANCORP has generated 17.97% jump in its revenue since last 3-months.

Net Profits:

FIRST INTERNET BANCORP’s net profit jumped 146.41% since last year same period to $25.75Mn in the Q1 2022. On a quarterly growth basis, FIRST INTERNET BANCORP has generated 106.36% jump in its net profits since last 3-months.

Net Profit Margins:

FIRST INTERNET BANCORP’s net profit margin jumped 93.98% since last year same period to 71.46% in the Q1 2022. On a quarterly growth basis, FIRST INTERNET BANCORP has generated 74.93% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the FIRST INTERNET BANCORP post its latest quarter earnings

EPS Estimate Current Quarter
1.2
EPS Estimate Current Year
1.2

Highlights

EPS Estimate Current Quarter:

FIRST INTERNET BANCORP’s earning per share (EPS) estimates for the current quarter stand at 1.2 - a 6.19% jump from last quarter’s estimates.

EPS Estimate Current Year:

FIRST INTERNET BANCORP’s earning per share (EPS) estimates for the current year stand at 1.2.

Key Ratios

Key ratios of the FIRST INTERNET BANCORP post its Q2 2022 earnings

Earning Per Share (EPS)
1.06
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.11
Dividend Per Share (DPS)
0.06

Highlights

Earning Per Share (EPS):

FIRST INTERNET BANCORP’s earning per share (EPS) fell -4.5% since last year same period to 1.06 in the Q2 2022. This indicates that the FIRST INTERNET BANCORP has generated -4.5% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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 0.01.

Earning Per Share (EPS):

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 0.11.

Dividend Per Share (DPS):

FIRST INTERNET BANCORP declared 0.06 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
1.04
1.22
17.31%
2022-08-09
1.12
1.06
-5.36%

Company Information

First Internet Bancorp is a bank holding company with assets of $4.2 billion as of December 31, 2020. The Company's subsidiary, First Internet Bank, opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. The Bank provides consumer and small business deposit, consumer loan, residential mortgage, and specialty finance services nationally as well as commercial real estate loans, commercial and industrial loans, SBA financing and treasury management services in select geographies.

Organisation
FIRST INTERNET BANCORP
Headquarters
8701 East 116th Street, Fishers, IN, United States, 46038
Employees
282
Industry
Finance
CEO
David Becker

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