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First Internet: 1Q Earnings Snapshot

FISHERS, Ind. (AP) _ First Internet Bancorp (INBK) on Wednesday reported first-quarter net income of $5.7 million.

The bank, based in Fishers, Indiana, said it had earnings of 56 cents per share.

The internet bank posted revenue of $37.4 million in the period. Its revenue net of interest expense was $18.6 million, which beat Street forecasts.

First Internet shares have increased almost 5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $21.41, a drop of 41 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INBK at https://www.zacks.com/ap/INBK