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Stock impact report

First Internet Bancorp Reports First Quarter 2020 Results

First Internet Bancorp (INBK) 
Last first internet bancorp earnings: 4/22 04:52 pm Check Earnings Report
Company Research Source: Business Wire
Highlights for the first quarter include:Diluted earnings per share of $0.62, an increase of 10.7% over first quarter of 2019Net income of $6.0 million, an increase of 5.7% over first quarter of 2019Total revenue of $21.2 million, an increase of 14.0% over first quarter of 2019, driven by strong mortgage banking activity Total loans of $2.9 billion, up 1.8% from the first quarter of 2019COVID-19 Response:Ensuring the health and safety of our employees through alternative work practices, expanded benefits and enhanced engagement programsSupporting our customers through payment deferral programsEnrolling customers in the SBA Paycheck Protection ProgramAs of April 16, 2020, have received approvals from the SBA for 268 loans totaling $45.0 million FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the first quarter of 2020. Net income for the Show less Read more
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