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First Internet Bancorp (INBK)
NASDAQ:INBK
Earnings Data
Report Date
Apr 29, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.02Last Year’s EPS
0.11Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of strong top-line growth, margin expansion, significant fintech/BaaS momentum, solid capital metrics and clear strategic actions to optimize the balance sheet, balanced against material and concentrated credit issues in the SBA and franchise finance portfolios that require elevated provisions in 2026. Management emphasized the credit problems are isolated and outlined specific remediation, analytics and staffing measures; however, the near-term earnings impact from higher provisions and reduced gain-on-sale revenue is notable. Overall, the company portrays resilient core operations and a path to improvement but with meaningful near-term credit headwinds.Company Guidance
Strong Quarterly and Annual Revenue Growth
Adjusted total revenue for Q4 was $42.1M, a 21% increase year-over-year; adjusted pre-provision net revenue was $17.9M, up 66% YoY. Full-year net interest income grew ~30% YoY.
Net Interest Margin and Yield Expansion
Net interest margin improved to 2.22% (2.30% FTE) in Q4, up 18 basis points sequentially and 55 basis points YoY. Yield on earning assets rose to 5.71%, driven by a 46 basis point increase in loan yields.
BaaS and Payments Scale-Up
Banking-as-a-Service produced >$1.3B in new deposits in 2025 (more than triple prior year) and processed over $165B in payments volume in 2025 (up >225% vs 2024). Q4 payments volume was $65B, up >40% QoQ.
Fintech-Related Revenue Momentum
Fintech-related gross revenue (including lending with partner JARIS) grew materially (e.g., ~$6.7M in gross revenue cited) and fintech fee income was highlighted (~$9.9M in the deck), supporting noninterest income growth trends.
Strategic Balance Sheet Actions
Completed strategic sale of ~ $850M single-tenant lease financing loans to Blackstone to reduce exposure to lower-yielding fixed-rate assets and enhance balance sheet flexibility; executed additional $14.3M sale in Q4.
Solid Capital Position and Shareholder Returns
Regulatory capital ratios remain well above minimums (total capital ratio 12.44%, CET1 8.93%). Returned $7M to shareholders via dividends and repurchases (27,998 shares bought at $18.64 avg).
Profitability and 2026 Financial Targets
Q4 net income of $5.3M ($0.60 diluted EPS); adjusted net income $5.6M ($0.64). 2026 guidance: loan growth 15–17%, NIM target 2.75–2.80% by year-end, FTE net interest income $155–160M, EPS guidance $2.35–2.45.
Operational and Technology Investments
Continued investments in AI and predictive analytics for origination, underwriting, and portfolio surveillance; launched AI-driven document collection and predictive analytics to identify credit issues earlier.
INBK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
INBK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 29, 2026 | $22.24 | $21.79 | -2.02% |
Oct 22, 2025 | $21.91 | $19.79 | -9.68% |
Jul 23, 2025 | $27.31 | $24.09 | -11.80% |
Apr 23, 2025 | $25.59 | $20.26 | -20.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does First Internet Bancorp (INBK) report earnings?
First Internet Bancorp (INBK) is schdueled to report earning on Apr 29, 2026, TBA (Confirmed).
What is First Internet Bancorp (INBK) earnings time?
First Internet Bancorp (INBK) earnings time is at Apr 29, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is INBK EPS forecast?
INBK EPS forecast for the fiscal quarter 2026 (Q1) is -0.02.