First Internet Bancorp
NASDAQ:INBK

  • LAST PRICE
    33.5950
  • TODAY'S CHANGE (%)
    0.2450 (0.7346%)
  • Bid / Lots
    33.2000/ 3
  • Ask / Lots
    34.0000/ 3
  • Open / Previous Close
    33.5950 / 33.3500
  • Day Range
    33.5950
    33.5950
  • 52 Week Range
    15.7250
    39.4600
  • Volume
    593

Search Criteria

Click on magnifying glass icon to search

CompanyCountrySymbol

TD Direct Investing offers more research reports than any other discount brokerage in Canada. Provided from the industry's most trusted sources, our service includes timely, relevant information for the current trading day and comprehensive industry, sector, and insider trading reports for further analysis.

Open a New Account, or Login if you're a client.

  • Oct 23, 2024

      Show headlines and story abstract

    • 5:09PM ET on Wednesday Oct 23, 2024 by MT Newswires
      Companies Mentioned: INBK
      05:09 PM EDT, 10/23/2024 (MT Newswires) -- ...

    • 5:08PM ET on Wednesday Oct 23, 2024 by MT Newswires
      Companies Mentioned: INBK
      05:08 PM EDT, 10/23/2024 (MT Newswires) -- ...

    • 5:08PM ET on Wednesday Oct 23, 2024 by Dow Jones
      Companies Mentioned: INBK

    • 5:08PM ET on Wednesday Oct 23, 2024 by Dow Jones
      Companies Mentioned: INBK
      ======= ====== ====== ====== ====== Income tax provision (benefit) - GAAP $ 620 $ 218 $ (326) $ 1,267 $ (2,892) Adjustments:(1) Mortgage-related revenue - - - - (14) Mortgage-related costs - - - - 641 Partial charge-off of C&I participation loan - - - - 1,452 IT termination fees - 95 - 95 - Anniversary expenses - 25 - 25 - ------- ------ ------ ------ ------ Adjusted income tax provision (benefit) $ 620 $ 338 $ (326) $ 1,387 $ (813) ======= ====== ====== ====== ====== Net income - GAAP $ 6,990 $ 5,775 $ 3,409 $ 17,946 $ 4,274 Adjustments: Mortgage-related revenue - - - - (51) Mortgage-related costs - - - - 2,411 Partial charge-off of C&I participation loan - - - - 5,462 IT termination fees - 357 - 357 - Anniversary expenses - 95 - 95 - ------- ------ ------ ------ ------ Adjusted net income $ 6,990 $ 6,227 $ 3,409 $ 18,398 $ 12,096 ======= ====== ====== ====== ====== (1) Assuming a 21% tax rate First Internet Bancorp Reconciliation of Non-GAAP Financial Measures Dollar amounts in thousands, except per share data ------------------------------------------------------------------------------------------------------- Three Months Ended Nine Months Ended ---------------------------------------------- ------------------------------ September 30, June 30, September 30, September 30, September 30, 2024 2024 2023 2024 2023 -------------- -------------- -------------- -------------- -------------- Diluted average common shares outstanding 8,768,731 8,656,215 8,767,217 8,756,544 8,907,748 Diluted earnings per share - GAAP $ 0.80 $ 0.67 $ 0.39 $ 2.05 $ 0.48 Adjustments: Effect of mortgage-related revenue - - - - (0.01) Effect of mortgage-related costs - - - - 0.27 Effect of partial charge-off of C&I participation loan - - - - 0.61 Effect of IT termination fees - 0.04 - 0.04 - Effect of anniversary expenses - 0.01 - 0.01 - --------- --------- --------- --------- --------- Adjusted diluted earnings per share $ 0.80 $ 0.72 $ 0.39 $ 2.10 $ 1.35 ========= ========= ========= ========= ========= Return on average assets 0.50% 0.44% 0.26% 0.45% 0.12% Effect of mortgage-related revenue 0.00% 0.00% 0.00% 0.00% 0.00% Effect of mortgage-related costs 0.00% 0.00% 0.00% 0.00% 0.07% Effect of partial charge-off of C&I participation loan 0.00% 0.00% 0.00% 0.00% 0.15% Effect of IT termination fees 0.00% 0.03% 0.00% 0.01% 0.00% Effect of anniversary expenses 0.00% 0.01% 0.00% 0.00% 0.00% --------- --------- --------- --------- --------- Adjusted return on average assets 0.50% 0.48% 0.26% 0.46% 0.34% ========= ========= ========= ========= ========= Return on average shareholders' equity 7.32% 6.28% 3.79% 6.42% 1.59% Effect of mortgage-related revenue 0.00% 0.00% 0.00% 0.00% (0.02%) Effect of mortgage-related costs 0.00% 0.00% 0.00% 0.00% 0.90% Effect of partial charge-off of C&I participation loan 0.00% 0.00% 0.00% 0.00% 2.03% Effect of IT termination fees 0.00% 0.39% 0.00% 0.13% 0.00% Effect of anniversary expenses 0.00% 0.10% 0.00% 0.03% 0.00% --------- --------- --------- --------- --------- Adjusted return on average shareholders' equity 7.32% 6.77% 3.79% 6.58% 4.50% ========= ========= ========= ========= ========= Return on average tangible common equity 7.41% 6.36% 3.84% 6.51% 1.61% Effect of mortgage-related revenue 0.00% 0.00% 0.00% 0.00% (0.02%) Effect of mortgage-related costs 0.00% 0.00% 0.00% 0.00% 0.91% Effect of partial charge-off of C&I participation loan 0.00% 0.00% 0.00% 0.00% 2.06% Effect of IT termination fees 0.00% 0.39% 0.00% 0.13% 0.00% Effect of anniversary expenses 0.00% 0.10% 0.00% 0.03% 0.00% --------- --------- --------- --------- --------- Adjusted return on average tangible common equity 7.41% 6.85% 3.84% 6.67% 4.56% ========= ========= ========= ========= =========

  • Oct 7, 2024

Peers Headlines