FISHERS, Ind. (AP) — FISHERS, Ind. (AP) — First Internet Bancorp (INBK) on Thursday reported net income of $5.3 million in its fourth quarter.
The bank, based in Fishers, Indiana, said it had earnings of 60 cents per share. Earnings, adjusted for non-recurring costs, were 64 cents per share.
The internet bank posted revenue of $89.4 million in the period. Its revenue net of interest expense was $41.7 million, falling short of Street forecasts.
For the year, the company reported profit of $35.2 million, or $4.03 per share. Revenue was reported as $116.5 million.
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