The call highlighted improvements in interest income, SBA portfolio performance, and fintech deposit growth. However, challenges remain with elevated provision expenses, nonperforming loans, and a decline in noninterest income. The company is optimistic about future growth but is taking conservative measures to manage risks.

Company Guidance -

Q3 2025

During the First Internet Bancorp earnings call for the second quarter of 2025, management provided guidance for the remainder of 2025 and into 2026, highlighting several key metrics. The company expects net interest margin to rise to a range of 2.20% to 2.35% by the end of 2025, supported by higher loan origination yields exceeding 7.5% and declining deposit costs. Loan portfolio growth is projected at an unannualized rate of 2% per quarter in the second half of 2025. Noninterest income is anticipated to increase, with forecasted gains on the sale of loans expected to drive income to around $13.3 million per quarter. Operating expenses are estimated at $27 million per quarter, while the provision for loan losses is expected to remain elevated at $10 million to $11 million per quarter. For 2026, the company forecasts a net interest income range of $158 million to $163 million, a net interest margin between 2.5% and 2.6%, and earnings per share between $5.20 and $6.30, depending on revenue and expense outcomes.

Interest Income and Margin Improvement

Interest income increased, and interest expense decreased, leading to a net interest margin above 2%. The yield on average interest-earning assets rose to 5.65% from 5.57%, and the cost of interest-bearing liabilities declined to 3.96% from 4.02%.

SBA Portfolio Improvement

The SBA loans on nonaccrual are down, with past dues dropping by 48% since the previous quarter. The number of loans on deferral at the end of the second quarter was half the number at the end of the fourth quarter of 2024. The company has seen improvement consistent with macro SBA program data.

Positive Loan Growth Outlook

The company expects to grow its loan portfolio at an unannualized rate of 2% each quarter in the second half of 2025. Loan originations are pricing upwards, supporting ongoing growth in net interest income and margin.

Strong Fintech Deposit Growth

The company experienced success with fintech partnerships, achieving strong deposit growth, with fintech deposits expected to continue growing throughout 2025.

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

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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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