First Internet Bancorp
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $255.0M
- Price
- $29.20
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.13%
- Volume
- 30.8K
About
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides various commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States. The company offers noninterest-bearing and interest-bearing demand deposits, savings accounts, and money market accounts, as well as certificates of deposit and brokered deposits. It also provides commercial and industrial, owner-occupied commercial real estate, investor commercial real estate, construction, single tenant lease financing, single tenant lease, public, specialty, healthcare and finance, small business lending, commercial deposits and treasury management, franchise finance, residential mortgage, home equity, and other consumer loans. In addition, the company is involved in the provision of municipal finance lending and leasing products to government entities, as well as treasury management services; purchase, manage, service, and safekeeping of municipal securities; and offers corporate credit cards. First Internet Bancorp was founded in 1998 and is headquartered in Fishers, Indiana.
Quick stats
Shares outstanding8.7M
Computed float7.6M
Float / shares86.7%
Key info
SectorFinancial Services
IndustryBanks - Regional
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001562463
AI Summary
AI-generated1/18
majorbullishearnings
First Internet Bancorp Reports Second Quarter 2026 Results
First Internet Bancorp reported a strong turnaround in Q2 2026, with net income rising to $2.4 million, or $0.27 per diluted share, compared to $0.2 million and $0.02 per share in the prior year.
Total revenue increased 23% year-over-year to $41.1 million, supported by a 43 basis point expansion in net interest margin to 2.39% and a 56% jump in noninterest income.
Credit quality improved sequentially as the provision for credit losses decreased to $13.4 million, while management maintained full-year EPS guidance of $2.35 to $2.45 and forecasted further margin expansion.
Red flags
- Total deposits declined 3% quarter-over-quarter to $4.8 billion
- Net charge-offs to average loans increased to 1.77% from 1.65% in the prior quarter
- Nonperforming loans excluding fully-guaranteed balances remained elevated at 1.07%