First Internet: 3Q Earnings Snapshot

October 23, 2019 GMT

FISHERS, Ind. (AP) _ First Internet Bancorp (INBK) on Wednesday reported third-quarter net income of $6.3 million.

The Fishers, Indiana-based bank said it had earnings of 63 cents per share.

The internet bank posted revenue of $43.3 million in the period. Its revenue net of interest expense was $20.8 million, surpassing Street forecasts.

First Internet shares have increased 11% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $22.74, a drop of 16% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INBK at https://www.zacks.com/ap/INBK