earnings
confidence high
sentiment positive
materiality 0.70
First Internet Bancorp Q3 adjusted revenue up 30% YoY to $43.5M; NIM expands
First Internet Bancorp
2025-Q3 EPS reported
-$4.63
- Adjusted revenue grew 30% YoY to $43.5M; adjusted pre-tax pre-provision income $18.1M (up >50% QoQ).
- FTE NIM expanded 42 bps YoY to 2.12%; net interest margin improved to 2.04%.
- Completed major loan sale to enhance regulatory capital; took decisive credit actions on small business and franchise portfolios.
- Board authorized up to $25M common stock repurchase through Sep 2027.
- Delinquencies at lowest level in a year; eight consecutive quarters of increasing net interest income.