earnings
confidence high
sentiment positive
materiality 0.70
First Internet Bancorp Q1 2025 net income $0.9M, EPS $0.11; NIM expands 16 bps
First Internet Bancorp
2025-Q1 EPS reported
$0.11
- Net income of $0.9M and diluted EPS of $0.11; PTPP of $12.0M, up 10.8% QoQ and 48.5% YoY.
- Net interest income $25.1M, up 6.6% QoQ; fully taxable-equivalent NIM 1.91%, +16 bps QoQ.
- Loans grew $83.8M (2.0% QoQ); deposits up $12.4M (0.3% QoQ); loans-to-deposits 86.0%.
- Nonperforming loans 0.80% of loans; net charge-offs 0.92% of average loans; ACL 1.11%.
- Tangible book value per share $44.04, +0.6% QoQ; CET1 ratio 9.16%.