First Internet Bancorp (INBK): INBK First Internet Bancorp's 254% EPS-G...

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Vegas Matt

Re: 56Chevy post# 15

Wednesday, 04/29/2015 12:36:29 PM

Wednesday, April 29, 2015 12:36:29 PM

INBK First Internet Bancorp's 254% EPS-Growth Quarter
http://seekingalpha.com/article/3110466-first-internet-bancorps-254-percent-eps-growth-quarter?auth_param=6ojk:1ak1ud7:2deef00f5410158932713491d2947a46&uprof=45

In 1Q15, revenue grew 55.6% YoY, driven by 39.2% growth in net interest income and 108.3% growth in non-interest income.
Mortgage banking revenue grew 220.7% YoY.
Net income grew 244%, while EPS diluted grew 254%.
Efficiency ratio, now at 63.1%, has improved a combined 2,220 bps in the past four quarters (2Q14-1Q15). ROAE has improved to 8.55% in the quarter.
The company might deliver two more quarters of triple-digit growth or near-triple-digit EPS growth.

Diversify. We invest to make profits. You need to take profits when you have large spikes in stocks, especially if you are up over 100%.
At least sell half, and ride some free shares.
Have some stocks, EM, bonds, real estate, etc.