First Internet Bancorp Reports First Quarter 2024 Results
First Internet Bancorp (INBK)
Last first internet bancorp earnings: 4/22 04:52 pm
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US:NASDAQ Investor Relations:
firstinternetbancorp.com/tearsheet.aspx?iid=4112285
Company Research
Source: Business Wire
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 ended March 31, 2024.First Quarter 2024 Financial HighlightsNet income of $5.2 million and diluted earnings per share of $0.59, increases of 25.1% and 22.9%, respectively, from the fourth quarter of 2023Net interest income of $20.7 million and fully-taxable equivalent net interest income of $21.9 million, increases of 4.7% and 4.2%, respectively, from the fourth quarter of 2023Net interest margin of 1.66% and fully-taxable equivalent net interest margin of 1.75%, increases of 8 basis points and 7 basis points, respectively, from the fourth quarter of 2023Loan growth of $69.6 million, a 1.8% increase from the fourth quarter of 2023Deposit growth of $206.8 million, a 5.1% increase from the fourth quarter of 2023Loans to deposits ratio decreased to 91.5% from 94.4% in the
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News
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- First Internet Bancorp (NASDAQ:INBK) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Best CD Rates Today – Score a High APY While You Still Can, April 30, 2024 [CNET News]CNET News
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Earnings
- 4/24/24 - Beat
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Analyst Actions
- 4/26/24 - Keefe, Bruyette & Woods
INBK
Sec Filings
- 4/24/24 - Form 8-K
- 3/28/24 - Form DEFA14A
- 3/28/24 - Form DEF
- INBK's page on the SEC website