First Internet Bancorp rises after second-quarter results beat estimates

First Internet Bancorp

31/07/2026 19:21

** Shares of First Internet Bancorp INBK.O jump 11.2% to $29.24 
** INBK late Thursday posted Q2 revenue of $41.1 mln; analysts on average estimated $36.6 mln - data compiled by LSEG
** Q2 net income of $2.4 mln topped est. $1.22 mln 
** Non-interest income soared 56% year-over-year on continued banking-as-a-service platform growth 
** Two of five analysts rate stock "buy", and three "hold"; their median PT is $28 - LSEG
** Including session's move, stock up 40.5% YTD 
   



 (Reporting by Pragyan Kalita in Bengaluru)
 ((Pragyan.Kalita@thomsonreuters.com;))