The stock price and revenues of Intercept Group Inc. -- which is expanding its Internet banking services operation through acquisitions and a pricing format aimed at small banks -- are up dramatically.
Intercept's main businesses are providing core data processing and electronic funds transfer and ATM processing services. Shares of the Norcross, Ga.-based company closed Friday at $24.125, up 7% for the week and 233% for the year. Second-quarter revenues of $10.1 million were up 52% from a year earlier. Net income of $1.1 million was up 126%.