First Internet Bancorp Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 26, 2023 at 04:50 pm EDT
First Internet Bancorp reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 18.15 million compared to USD 25.68 million a year ago. Net income was USD 3.88 million compared to USD 9.55 million a year ago. Basic earnings per share from continuing operations was USD 0.44 compared to USD 0.99 a year ago. Diluted earnings per share from continuing operations was USD 0.44 compared to USD 0.99 a year ago.
For the six months, net interest income was USD 37.72 million compared to USD 51.43 million a year ago. Net income was USD 0.865 million compared to USD 20.75 million a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to USD 2.14 a year ago. Diluted earnings per share from continuing operations was USD 0.1 compared to USD 2.13 a year ago.