First Internet Bancorp reports results for the quarter ended June 30 - Earnings Summary
First Internet Bancorp reports results for the quarter ended June 30 - Earnings Summary
First Internet Bancorp INBK.OQ reported quarterly adjusted earnings of 27 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of five analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 2 cents to 29 cents per share.
Revenue rose 15.2% to $33.58 million from a year ago; analysts expected $36.59 million.
First Internet Bancorp's reported EPS for the quarter was 27 cents.
The company reported quarterly net income of $2.37 million.
First Internet Bancorp shares had fallen by 5.4% this quarter and gained 26.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 28.3% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for First Internet Bancorp is $28.00, about 6.1% above its last closing price of $26.29
This summary was machine generated from LSEG data July 31 at 06:24 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.15 | 0.27 | Beat |
Mar. 31 2026 | 0.10 | 0.29 | Beat |
Dec. 31 2025 | 0.57 | 0.64 | Beat |
Sep. 30 2025 | 0.71 | -1.43 | Missed |
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