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

Key Points

• First Internet Bancorp is scheduled to release its Q3 2025 earnings on Wednesday, October 22nd, with analysts projecting earnings of $0.72 per share and revenues of $33.475 million.
• The company announced a quarterly dividend of $0.06 per share, reflecting an annualized yield of 1.1%, to be distributed on October 15th.
• Despite a recent downgrade from Wall Street analysts, First Internet Bancorp has an average price target of $27.33 and is currently rated as "Hold" by most analysts.

First Internet Bancorp (NASDAQ:INBK - Get Free Report) is expected to be releasing its Q3 2025 results after the market closes on Wednesday, October 22nd. Analysts expect First Internet Bancorp to post earnings of $0.72 per share and revenue of $33.4750 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2025 earningoverview page for the latest details on the call scheduled for Thursday, October 23, 2025 at 2:00 PM ET.

First Internet Bancorp (NASDAQ:INBK - Get Free Report) last released its earnings results on Wednesday, July 23rd. The bank reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by ($0.31). The firm had revenue of $33.55 million during the quarter, compared to analyst estimates of $30.08 million. First Internet Bancorp had a return on equity of 3.03% and a net margin of 4.36%. On average, analysts expect First Internet Bancorp to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

First Internet Bancorp Stock Performance

INBK opened at $22.64 on Wednesday. The company has a market capitalization of $197.19 million, a price-to-earnings ratio of 12.86 and a beta of 0.79. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.93 and a quick ratio of 0.90. First Internet Bancorp has a 1-year low of $19.54 and a 1-year high of $43.26. The business has a 50 day moving average price of $23.56 and a two-hundred day moving average price of $24.13.

First Internet Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, September 30th. First Internet Bancorp's dividend payout ratio is 13.64%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on INBK. Wall Street Zen downgraded First Internet Bancorp from a "hold" rating to a "sell" rating in a research report on Saturday, August 2nd. Hovde Group dropped their price target on First Internet Bancorp from $32.00 to $29.00 and set an "outperform" rating on the stock in a report on Monday, July 28th. Piper Sandler dropped their price target on First Internet Bancorp from $27.00 to $26.00 and set a "neutral" rating on the stock in a report on Monday, July 28th. Zacks Research raised First Internet Bancorp from a "strong sell" rating to a "hold" rating in a report on Thursday, September 25th. Finally, Keefe, Bruyette & Woods reaffirmed a "market perform" rating and issued a $27.00 price target (down previously from $30.00) on shares of First Internet Bancorp in a report on Monday, July 28th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $27.33.

Hedge Funds Weigh In On First Internet Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. grew its position in First Internet Bancorp by 15.1% during the 2nd quarter. Raymond James Financial Inc. now owns 56,471 shares of the bank's stock worth $1,519,000 after purchasing an additional 7,419 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of First Internet Bancorp by 34.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 44,310 shares of the bank's stock valued at $1,192,000 after buying an additional 11,457 shares during the period. First Trust Advisors LP boosted its stake in shares of First Internet Bancorp by 4.9% during the 2nd quarter. First Trust Advisors LP now owns 31,683 shares of the bank's stock valued at $852,000 after buying an additional 1,474 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of First Internet Bancorp by 18.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 30,298 shares of the bank's stock valued at $815,000 after buying an additional 4,800 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of First Internet Bancorp by 27.9% during the 2nd quarter. Bank of America Corp DE now owns 21,905 shares of the bank's stock valued at $589,000 after buying an additional 4,773 shares during the period. 65.46% of the stock is currently owned by hedge funds and other institutional investors.

First Internet Bancorp Company Profile

First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States. The company accepts non-interest bearing and interest-bearing demand deposit, commercial deposit, savings, money market, and Banking-as-a-Service brokered deposit accounts, as well as certificates of deposit.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.