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INBKBullishEarningsnews
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Compared to Estimates, First Internet (INBK) Q2 Earnings: A Look at Key Metrics

Jul 24, 2024, 8:07 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

INBK revenue increased 34.7% to $32.36 million this quarter. EPS rose to $0.72, up from $0.44 a year ago. Revenue exceeded estimates by 5.93%, a positive surprise. Net Interest Margin matched estimates at 1.7%. INBK shares gained 47.9% over the last month.

  • INBK revenue increased 34.7% to $32.36 million this quarter.
  • EPS rose to $0.72, up from $0.44 a year ago.
  • Revenue exceeded estimates by 5.93%, a positive surprise.
  • Net Interest Margin matched estimates at 1.7%.
  • INBK shares gained 47.9% over the last month.

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