earnings
confidence high
sentiment positive
materiality 0.65
First Internet Bancorp Q2 net income $5.8M, EPS $0.67; adjusted EPS $0.72
First Internet Bancorp
2024-Q2 EPS reported
$1.25
- Net income of $5.8M, up 11.5% QoQ; adjusted net income $6.2M, up 20.2% QoQ.
- Diluted EPS $0.67, adjusted $0.72; net interest income $21.3M (+2.9% QoQ).
- Noninterest income $11.0M (+32.2% QoQ); loan growth $51.3M (+1.3% QoQ).
- Nonperforming loans / total loans 0.33%; net charge-offs / avg loans 0.14%.
- Tangible book value per share $42.37, up 1.3% QoQ and 6.3% YoY.