The earnings call reflected a mix of positive and negative elements. While there were improvements in net interest margin, deposit growth, and SBA loan origination outlook, challenges persisted with high provision expenses, low earnings per share, and issues in franchise finance and SBA loan sales. The sentiment is balanced between positive outlooks and ongoing challenges.

Company Guidance

During the First Internet Bancorp Earnings Conference Call for the second quarter of 2025, several key metrics and guidance for the remainder of the year and 2026 were discussed. The bank reported a net interest margin of over 2% on a tax-effective basis, with net interest income for the second quarter at $28 million or $29.1 million on a fully taxable equivalent basis, reflecting an increase of over 11% compared to the first quarter. The yield on average interest-earning assets rose to 5.65%, while the cost of interest-bearing liabilities decreased to 3.96%. The bank anticipated a fully taxable equivalent net interest margin to range between 2.20% and 2.35% in the latter half of 2025, with net interest income expected to reach approximately $33.5 million and $35.5 million for the third and fourth quarters, respectively. Despite some headwinds, particularly in franchise finance and SBA lending, the bank forecasted noninterest income to rebound to around $13.3 million in both the third and fourth quarters, driven by increased loan sales. The provision for loan losses is expected to remain elevated, at $10 million to $11 million for the upcoming quarters, but the overall financial outlook remains optimistic, with projected earnings per share for 2026 ranging from $5.20 to $6.30.

Improved Net Interest Margin

Net interest margin on a fully taxable equivalent basis rose to 2.04%, up 13 basis points from the previous quarter.

Decline in Delinquencies

Loan delinquencies declined to 62 basis points, a 15 basis point improvement over the last 90 days.

Strong SBA Loan Origination Outlook

The company anticipates SBA loan originations to hit $600 million this year, with expectations to reach $650 million to $700 million next year.

Successful Deposit Growth

Fintech partnerships resulted in significant deposit growth, with fintech deposits now exceeding $1 billion.

Positive Forecast for Net Interest Income

Net interest income is expected to increase to approximately $33.5 million in the third quarter and $35.5 million in the fourth quarter.

First Internet Bancorp (INBK) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

INBK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.69 / -	0.8	―	―	―
Jul 23, 2025	2025 (Q2)	0.29 / 0.02	0.72	-97.22% (-0.70)
Apr 23, 2025	2025 (Q1)	0.76 / 0.11	0.59	-81.36% (-0.48)
Jan 22, 2025	2024 (Q4)	0.92 / 0.41	0.48	-14.58% (-0.07)
Oct 23, 2024	2024 (Q3)	0.82 / 0.80	0.39	105.13% (+0.41)
Jul 24, 2024	2024 (Q2)	0.71 / 0.72	0.44	63.64% (+0.28)
Apr 24, 2024	2024 (Q1)	0.54 / 0.59	0.53	11.32% (+0.06)
Jan 24, 2024	2023 (Q4)	0.31 / 0.48	0.68	-29.41% (-0.20)
Oct 25, 2023	2023 (Q3)	0.36 / 0.39	0.9	-56.67% (-0.51)
Jul 26, 2023	2023 (Q2)	0.38 / 0.44	1.06	-58.49% (-0.62)

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
Jul 23, 2025	$27.38	$24.15	-11.80%
Apr 23, 2025	$25.65	$20.32	-20.78%
Jan 22, 2025	$35.11	$33.14	-5.61%
Oct 23, 2024	$36.30	$34.72	-4.35%

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 Oct 22, 2025, TBA (Confirmed).

What is First Internet Bancorp (INBK) earnings time?

First Internet Bancorp (INBK) earnings time is at Oct 22, 2025, 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 2025 (Q3) is 0.69.

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