First Internet: 3Q Earnings Snapshot

First Internet: 3Q Earnings Snapshot

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FISHERS, Ind. (AP) _ First Internet Bancorp (INBK) on Wednesday reported third-quarter profit of $6.3 million.

The Fishers, Indiana-based bank said it had earnings of 61 cents per share.

The internet bank posted revenue of $32.2 million in the period. Its revenue net of interest expense was $18 million, which fell short of Street forecasts.

First Internet shares have decreased 36 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $24.38, a decline of 35 percent in the last 12 months.

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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

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