earnings
confidence high
sentiment positive
materiality 0.70
First Internet Bancorp Q4 net income $7.3M (+4.9% QoQ); FY net income $25.3M (+200% YoY)
First Internet Bancorp
2024-FY EPS reported
$2.88
- Q4 diluted EPS $0.83 (+3.8% QoQ); net interest margin 1.67% (+5 bps).
- Q4 loan growth $134.8M (3.3%); deposit growth $135.5M (2.8%).
- Full-year net interest income $87.4M (+16.7%); loan growth 8.6%, deposit growth 21.3%.
- Nonperforming loans to total loans 0.68%; net charge-offs to average loans 0.91%.
- Tangible book value per share $43.77; CET1 ratio 9.30%.