First Internet Bancorp (INBK) to Release Quarterly Earnings on Wednesday

Key Points

• First Internet Bancorp (INBK) will report Q1 2026 results after the market closes on Wednesday, April 22, with analysts forecasting EPS of $0.2967 and revenue of $45.405 million; an earnings call is scheduled for April 30 at 5:00 PM ET.
• In the prior quarter the bank reported $0.64 EPS and $42.11 million in revenue, beating estimates, but still showed a negative return on equity (‑1.54%) and negative net margin (‑10.05%); analysts forecast about $4 EPS for the current fiscal year and $5 for the next.
• The company declared a quarterly dividend of $0.06 (annualized $0.24) with an ex-dividend date of March 31 and a yield around 1.0%.

First Internet Bancorp (NASDAQ:INBK - Get Free Report) is expected to be announcing its Q1 2026 results after the market closes on Wednesday, April 22nd. Analysts expect the company to announce earnings of $0.2967 per share and revenue of $45.4050 million for the quarter. Investors are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, April 30, 2026 at 5:00 PM ET.

First Internet Bancorp (NASDAQ:INBK - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The bank reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.05. The business had revenue of $42.11 million during the quarter, compared to the consensus estimate of $32.80 million. First Internet Bancorp had a negative return on equity of 1.54% and a negative net margin of 10.05%. 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 Up 0.2%

INBK stock opened at $23.45 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 0.88 and a debt-to-equity ratio of 0.99. The business has a 50 day moving average price of $20.78 and a two-hundred day moving average price of $20.66. The company has a market cap of $204.48 million, a price-to-earnings ratio of -5.82 and a beta of 0.79. First Internet Bancorp has a twelve month low of $17.05 and a twelve month high of $28.51.

First Internet Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Tuesday, March 31st. First Internet Bancorp's dividend payout ratio (DPR) is currently -5.96%.

Institutional Trading of First Internet Bancorp

Hedge funds have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC lifted its holdings in First Internet Bancorp by 202.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,789 shares of the bank's stock worth $48,000 after purchasing an additional 1,198 shares during the last quarter. Deutsche Bank AG lifted its holdings in First Internet Bancorp by 4,390.4% during the 4th quarter. Deutsche Bank AG now owns 5,164 shares of the bank's stock worth $108,000 after purchasing an additional 5,049 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in First Internet Bancorp by 19.9% during the 4th quarter. Public Employees Retirement System of Ohio now owns 6,024 shares of the bank's stock worth $126,000 after purchasing an additional 1,000 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in First Internet Bancorp by 62.8% during the 4th quarter. Wells Fargo & Company MN now owns 8,759 shares of the bank's stock worth $183,000 after purchasing an additional 3,379 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in First Internet Bancorp during the 4th quarter worth approximately $206,000. 65.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on INBK shares. Zacks Research upgraded First Internet Bancorp from a "strong sell" rating to a "hold" rating in a research note on Monday, March 30th. Wall Street Zen upgraded First Internet Bancorp from a "sell" rating to a "hold" rating in a research note on Saturday, March 14th. Hovde Group raised their price target on First Internet Bancorp from $26.00 to $29.00 and gave the company an "outperform" rating in a research note on Friday, January 30th. Piper Sandler decreased their price target on First Internet Bancorp from $24.00 to $23.50 and set a "neutral" rating for the company in a research note on Friday, January 30th. Finally, Weiss Ratings restated a "sell (d)" rating on shares of First Internet Bancorp in a research note on Friday, March 27th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $25.17.

First Internet Bancorp Company Profile

First Internet Bancorp is the bank holding company for First Internet Bank of Indiana, a pioneer in digital banking in the United States. Established with a focus on online-only operations, the company offers fully integrated, web-based financial solutions without the overhead of physical branches. Headquartered in Indianapolis, Indiana, First Internet Bancorp leverages technology to deliver streamlined banking services to customers across the country.

The company's core offerings include a range of deposit products such as checking accounts, savings accounts, money market accounts, certificates of deposit (CDs) and individual retirement accounts (IRAs).

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