First Internet Bancorp (INBK) Projected to Post Quarterly Earnings on Thursday

First Internet Bancorp (NASDAQ:INBKGet Free Report) is expected to announce its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect First Internet Bancorp to announce earnings of $0.15 per share and revenue of $43.8320 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 5:00 PM ET.

First Internet Bancorp (NASDAQ:INBKGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The bank reported $0.29 EPS for the quarter, topping the consensus estimate of $0.08 by $0.21. The firm had revenue of $43.12 million for the quarter, compared to analysts’ expectations of $45.67 million. First Internet Bancorp had a negative net margin of 9.60% and a negative return on equity of 1.14%. On average, analysts expect First Internet Bancorp to post $2 EPS for the current fiscal year and $4 EPS for the next fiscal year.

First Internet Bancorp Stock Performance

INBK opened at $26.46 on Tuesday. The stock’s 50 day simple moving average is $25.82 and its 200-day simple moving average is $23.19. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.96. The stock has a market cap of $230.73 million, a PE ratio of -6.87 and a beta of 0.83. First Internet Bancorp has a 1 year low of $17.05 and a 1 year high of $28.88.

First Internet Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.06 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.24 dividend on an annualized basis and a yield of 0.9%. First Internet Bancorp’s payout ratio is currently -6.23%.

Institutional Investors Weigh In On First Internet Bancorp

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC raised its holdings in shares of First Internet Bancorp by 202.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,789 shares of the bank’s stock valued at $48,000 after purchasing an additional 1,198 shares during the period. Deutsche Bank AG increased its stake in First Internet Bancorp by 4,390.4% during the 4th quarter. Deutsche Bank AG now owns 5,164 shares of the bank’s stock worth $108,000 after acquiring an additional 5,049 shares during the period. Public Employees Retirement System of Ohio raised its holdings in First Internet Bancorp by 19.9% in the 4th quarter. Public Employees Retirement System of Ohio now owns 6,024 shares of the bank’s stock valued at $126,000 after acquiring an additional 1,000 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of First Internet Bancorp by 62.8% during the 4th quarter. Wells Fargo & Company MN now owns 8,759 shares of the bank’s stock valued at $183,000 after acquiring an additional 3,379 shares during the period. Finally, XTX Topco Ltd bought a new stake in shares of First Internet Bancorp during the 4th quarter valued at $206,000. Institutional investors own 65.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on INBK. Zacks Research raised shares of First Internet Bancorp from a “strong sell” rating to a “hold” rating in a report on Monday, March 30th. Wall Street Zen raised First Internet Bancorp from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Piper Sandler increased their price target on First Internet Bancorp from $24.00 to $26.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. Weiss Ratings raised First Internet Bancorp from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, July 8th. Finally, Keefe, Bruyette & Woods lifted their price objective on First Internet Bancorp from $23.00 to $24.00 and gave the company a “market perform” rating in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $28.00.

Get Our Latest Stock Analysis on First Internet Bancorp

About First Internet Bancorp

(Get Free Report)

First Internet Bancorp is the bank holding company for First Internet Bank of Indiana, a pioneer in digital banking in the United States. Established with a focus on online-only operations, the company offers fully integrated, web-based financial solutions without the overhead of physical branches. Headquartered in Indianapolis, Indiana, First Internet Bancorp leverages technology to deliver streamlined banking services to customers across the country.

The company’s core offerings include a range of deposit products such as checking accounts, savings accounts, money market accounts, certificates of deposit (CDs) and individual retirement accounts (IRAs).

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Earnings History for First Internet Bancorp (NASDAQ:INBK)

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