First Internet Bancorp Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2024
January 22, 2025 at 04:58 pm EST
First Internet Bancorp reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported net interest income was USD 23.55 million compared to USD 19.81 million a year ago. Net income was USD 7.33 million compared to USD 4.14 million a year ago. Basic earnings per share from continuing operations was USD 0.84 compared to USD 0.48 a year ago. Diluted earnings per share from continuing operations was USD 0.83 compared to USD 0.48 a year ago.
For the full year, net interest income was USD 87.38 million compared to USD 74.9 million a year ago. Net income was USD 25.28 million compared to USD 8.42 million a year ago. Basic earnings per share from continuing operations was USD 2.91 compared to USD 0.95 a year ago. Diluted earnings per share from continuing operations was USD 2.88 compared to USD 0.95 a year ago.