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.
- Loan portfolio optimized with strong deposit growth & net loan growth. - Net interest income up, net interest margin expanded, positive operating leverage. - SBA business performing well with record gain on sale revenue. - FinTech partnership revenue expected to triple year-over-year. Price Impact Rating: Bullish Impact Horizon Rating: Short-term Type: Earnings