Brace yourselves for the unveiling of First Internet Bancorp's (NASDAQ: INBK) third quarter financial results on Wednesday 23rd October 2024. This eagerly awaited announcement will take place after market close.
In accordance with the predictions of financial analysts on Wall Street, the concern is on track to report an expected per share of $0.83 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $23.5 million for this quarter.
In the preceding quarter of the previous year, the company shared its financial results, revealing that it had income of $0.39 per share.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $92.78 million. Additionally, they are expecting the company to achieve per share profit of $2.98 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.72 | +63.6% | 32.36 M | +34.7% |
| Q1 2024 | $0.59 | +11.3% | 29.08 M | +16.2% |
| Q4 2023 | $0.48 | -29.4% | 27.21 M | -1.0% |
| Q3 2023 | $0.39 | -56.7% | 24.79 M | -12.5% |
| Q2 2023 | $0.44 | -58.5% | 24.02 M | -19.9% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 24th October 2024 at 02:00 PM eastern time, in a conference call with public.
Throughout Monday's trading, First Internet Bancorp (INBK) shares fluctuated between $36.06 and $37.60, with a trading volume of 24.10 thousand shares. The stock ended the regular trading session at $36.13, demonstrating fall of 3.08 percent.
