First Internet Bancorp - Fixed-
- 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.)
- $220.8M
- Price
- $25.28
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.27%
- Volume
- 459
About
First Internet Bancorp functions as an online financial institution, catering to both commercial and retail clients with a range of digital banking solutions. Its comprehensive suite of services includes primary residential mortgage loans, consumer credit facilities, and credit cards. Additionally, it extends financing for commercial real estate, encompassing properties such as office buildings, retail outlets, industrial sites, and multifamily units, along with specialized credit tenant lease financing. These services primarily reach customers in Indiana and across the broader Midwest region. The company was established on September 15, 2005, and maintains its corporate headquarters in Indianapolis, 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%