AI Earnings Predictions for First Internet Bancorp (INBK)

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First Internet Bancorp Reports Second Quarter 2026 Results

- Net income of $2.4 million, up significantly from $0.2 million a year ago -

- Diluted earnings per share of $0.27, up significantly from $0.02 a year ago -

- Company to hold earnings call today at 5pm ET -

Fishers, Indiana, July 30, 2026 – First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the second quarter ended June 30, 2026.

Key Business Updates

•Significant Improvement in Credit Quality: Provision for credit losses for the second quarter of 2026 of $13.4 million, down from $16.3 million in the first quarter of 2026. Notably, total nonaccrual loans declined for the second consecutive quarter, and are down 14% from the first quarter of 2026. Furthermore, delinquencies 30 days or more past due decreased to 0.78% of total performing loans, down from 1.06% in the first quarter of 2026, driven by a significant decline in small business lending delinquencies.

•Revenue Momentum: Growth in net interest income (up 16%), fully-taxable equivalent (“FTE”) net interest margin of 2.47%1 (up 43 basis points), and strong noninterest income drove quarterly revenue up 23% year-over-year to $41.1 million. When combined with well-managed expenses, pre-provision net revenue grew 28% year-over-year to $15.0 million1.

•Solid Loan Production: Commercial loan balances continued to grow during the second quarter led by construction / investor commercial real estate and single tenant lease financing. While period end and average loan balances were impacted by early payoffs, loan pipelines at the end of the quarter were solid, setting the stage for continued loan growth in the second half of 2026. Additionally, the Company expects to increase its retention of embedded finance small business loans originated for one of its fintech partners, an asset class with very attractive risk-return characteristics.

•Fee Revenue Acceleration: Noninterest income grew 56% year-over-year, supported by the continued growth in the Banking-as-a-Service (“BaaS”) platform. As we have selectively increased the number of fintech partners, and have expanded relationships with existing partners, fee revenue from BaaS increased 172% from the prior year period.

1 This information represents a non-GAAP financial measure. For a discussion of non-GAAP financial measures, see the section below entitled "Non-GAAP Financial Measures."

Second Quarter 2026 Financial Performance

•Net income of $2.4 million and diluted earnings per share of $0.27, both up significantly from the prior year period

•Total revenue of $41.1 million, which increased 23% from the prior year period

•Net interest income of $32.4 million and FTE net interest income of $33.6 million1, increased 16% and 15%, respectively, over the prior year period

•Net interest margin of 2.39% and FTE net interest margin of 2.47%1, both increasing 43 basis points (“bps”) from the prior year period

•Noninterest income of $8.7 million, which increased 56% from the prior year period

•Pre-provision net revenue (“PPNR”) of $15.0 million1, which increased 28% from the prior year period

•Total loan balances of $3.8 billion, up $35.2 million, or 1%, from the first quarter of 2026

•The yield on the loan portfolio increased 27 bps from the prior year period to 6.34%

•Solid loan production partially offset by elevated payoffs and maturities

•Total deposits of $4.8 billion, down $150.3 million, or 3%, from the first quarter of 2026

•Continued growth in fintech deposits, allowing higher-cost CDs and brokered deposits to mature

•The cost of interest-bearing deposits declined 54 bps from the prior year period to 3.38%

•Approximately $2.4 billion of fintech deposits moved off-balance sheet into a deposit network, providing flexibility to manage the size of the balance sheet

•Loans to deposits ratio of 79%

•Provision for credit losses of $13.4 million, down $2.9 million, or 18%, from the first quarter of 2026

•Net charge-offs to average loans of 1.77%, an increase from 1.65% in the first quarter of 2026

•Increase in net charge-offs reflects resolution of nonperforming franchise finance loans, partially offset by a significant decline in small business lending net charge-offs

•Nonperforming loans (“NPLs”) to total loans of 1.58%, compared to 1.63% in the first quarter of 2026; allowance for credit losses - loans (“ACL”) to total loans of 1.39%, compared to 1.50% in the first quarter of 2026

•Decrease in NPLs due primarily to lower nonaccrual franchise finance loans, partially offset by an increase in fully-guaranteed SBA 7(a) balances

•NPLs / total loans of 1.07%1 excluding fully-guaranteed balances, down from 1.22% in the first quarter of 2026

•ACL to NPLs of 88%; or 130%1 excluding fully-guaranteed balances

•Tangible common equity to tangible assets of 6.46%1, and 6.98%1 e

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First Internet Bancorp Reports First Quarter 2026 Results

-Net income of $2.5 million, up 166% year-over-year -

- Diluted earnings per share of $0.29, up 164% year-over-year -

- Company to hold earnings call today at 5pm ET -

Fishers, Indiana, April 30, 2026 – First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the first quarter ended March 31, 2026.

Key Business Updates

•Revenue Momentum: Growth in net interest income (up 26%) and fully-taxable equivalent (“FTE”) net interest margin (now 2.45%) drove quarterly revenue up 21% year-over-year to $43.1 million. When combined with well-managed expenses, pre-provision net revenue grew 51% year-over-year.

•Credit Trends: Provision for credit losses for the first quarter of 2026 of $16.3 million. The provision reflects our quarterly CECL re-measurement of expected lifetime losses for the portfolio, based on observed credit performance and updates to current conditions. During the first quarter, ongoing proactive credit actions continued to drive progress in resolving problem credits. Notably, nonaccrual unguaranteed SBA and franchise finance balances declined from the fourth quarter of 2025.

•Strong Loan Production: Commercial loan production remained strong during the first quarter led by construction and single tenant lease financing. Additionally, loan pipelines at the end of the quarter were solid, setting the stage for continued loan growth as we move through 2026.

First Quarter 2026 Financial Performance

•Net income of $2.5 million and diluted earnings per share of $0.29, up 166% and 164%, respectively, from the prior year period

•Total revenue of $43.1 million, which increased 21% from the prior year period

•Net interest income of $31.6 million and FTE net interest income of $32.8 million1, increased 26% and 25%, respectively, over the prior year period

•Net interest margin of 2.36% and FTE net interest margin of 2.45%1, both increased 54 basis points (“bps”) from the prior year period

•Noninterest income of $11.5 million, which increased 10% from the prior year period

1 This information represents a non-GAAP financial measure. For a discussion of non-GAAP financial measures, see the section below entitled "Non-GAAP Financial Measures."

•Pre-provision net revenue (“PPNR”) of $18.1 million1, which increased 51% from the prior year period

•Total loan balances of $3.8 billion, up $29.1 million, or 1%, from the fourth quarter of 2025

•The yield on the loan portfolio increased 37 bps from the prior year period to 6.36%

•Strong loan production partially offset by elevated payoffs and maturities

•Total deposits of $5.0 billion, up $141.8 million, or 3%, from the fourth quarter of 2025

•Continued growth in fintech deposits, allowing higher-cost CDs and brokered deposits to mature

•The cost of interest-bearing deposits declined 56 bps from the prior year period to 3.45%

•Approximately $1.5 billion of fintech deposits moved off-balance sheet into a deposit network, providing flexibility to manage the size of the balance sheet

•Loans to deposits ratio of 75.8%

•Provision for credit losses of $16.3 million, up $4.3 million, or 36.1%, from the fourth quarter of 2025

•Net charge-offs to average loans of 1.65%, slightly improved from 1.68% in the fourth quarter of 2025

•Nonperforming loans (“NPLs”) to total loans of 1.63%; allowance for credit losses - loans (“ACL”) to total loans of 1.50%

•Increase in NPLs consisted primarily of fully-guaranteed SBA 7(a) balances and accruing loans past due 90 days or more, partially offset by lower nonaccrual franchise finance loans

•NPLs / total loans of 1.22%1 excluding fully-guaranteed balances

•ACL to NPLs of 92%; or 122%1 excluding fully-guaranteed balances

•Tangible common equity to tangible assets of 6.24%1, and 6.99%1 ex-AOCI and adjusted for normalized cash balances; CET1 ratio of 8.97%2; total capital ratio of 12.50%2

•Tangible book value per share of $40.871, consistent with the fourth quarter of 2025

“We kicked off the new year with strong first quarter results, demonstrating the resilience of our diversified business model and the solid foundation we've built to navigate an uncertain macroeconomic environment from a position of strength”, said David Becker, Chairman and CEO of First Internet Bancorp. “We generated 21% revenue growth, 51% growth in pre-provision net revenue, and expanded our net interest margin 54 basis points year-over-year to 2.45%, reflecting years of disciplined balance sheet repositioning and proactive liability management. We're also seeing tangible evidence that our enhanced underwriting standards and risk management initiatives are yielding favorable results, particularly in our SBA portfolio where unguaranteed nonperforming loans and delinquencies have improved both sequentially and year-over-year.”

“Beyo

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First Internet Bancorp Reports Fourth Quarter and Full Year 2025 Results

- Net income of $5.3 million, diluted EPS $0.60 -

- Company to hold earnings call today at 5pm ET -

Fishers, Indiana, January 29, 2026 – First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the fourth quarter and fiscal year ended December 31, 2025.

Key Business Updates

•Revenue Momentum: Strong growth in net interest income (up 29%) and fully-taxable equivalent (“FTE”) net interest margin (now 2.30%) drove adjusted quarterly revenue up 21% year-over-year to $42.1 million1. When combined with well-managed expenses, adjusted pre-provision net revenue grew 66% year-over-year.

•Credit Trends: The provision for credit losses for the fourth quarter of 2025 declined significantly following the large increase to the allowance for credit losses (“ACL”) related to small business lending in the third quarter of 2025 as well as lower net charge-offs. While ongoing proactive and prudent credit-related actions continued to yield notable progress in resolving problem loans, the Company expects the provision to remain elevated in the first half of 2026 and then gradually improve in the second half of the year.

•Strong Loan Production: Commercial loan production was robust during the fourth quarter driven by single tenant lease financing and construction. Additionally, loan pipelines at year end were solid, setting the stage for continued net interest income growth in 2026.

Fourth Quarter 2025 Financial Performance

▪Net income of $5.3 million and diluted earnings per share of $0.60

•Quarterly results included a pre-tax loss of $0.4 million on the sale of an additional $14.3 million of single tenant lease financing loans to fulfill our commitment related to the large sale in the third quarter of 2025

•Adjusted net income, excluding the impact of the additional loan sale was $5.6 million1 and adjusted diluted earnings per share was $0.641

▪Total revenue of $41.7 million and adjusted total revenue of $42.1 million1, which increased 21% from the prior year period

▪Net interest income of $30.3 million and fully-taxable equivalent net interest income of $31.5 million1, increased 29% and 27% over the prior year period, respectively

▪Net interest margin of 2.22% and FTE net interest margin of 2.30%1, each increased 55 basis points (“bps”), from the prior year period

▪Pre-provision net revenue (“PPNR”) of $17.5 million1 and adjusted PPNR of $17.9 million1, which increased 66% from the prior year period

•Total loan balances of $3.7 billion, up $143.2 million, or 4%, from the third quarter of 2025

•Quarterly growth driven by strong production in single tenant lease financing, construction and small business lending

•The yield on the loan portfolio increased 21 bps from the prior quarter to 6.39%

•Total deposits of $4.8 billion, compared to $4.9 billion in the third quarter of 2025

•Continued growth in fintech deposits, allowing higher-cost CDs and brokered deposits to mature

•The cost of interest-bearing deposits declined 19 bps from the prior quarter to 3.68%

•Approximately $1.1 billion of fintech deposits moved off-balance sheet, providing flexibility to manage the size of the balance sheet

•Loans to deposits ratio of 77.4%

•Provision for credit losses of $12.0 million, down $22.8 million, or 66%, from the third quarter of 2025

•Net charge-offs to average loans of 1.68%, improved from 1.89% in the third quarter of 2025

•Net charge-offs included $3.5 million of balances previously reserved for

•Nonperforming loans to total loans of 1.56%; ACL to total loans of 1.49%

•Increase in NPLs consisted primarily of guaranteed SBA 7(a) balances and fully-collateralized unguaranteed SBA 7(a) balances

•NPLs / total loans of 1.20% excluding guaranteed balances

•ACL to NPLs of 95%; or 124% excluding guaranteed balances

•Tangible common equity to tangible assets of 6.38%1, and 6.94%1 ex-AOCI and adjusted for normalized cash balances; CET1 ratio of 8.93%; total capital ratio of 12.44%

•Repurchased 27,998 shares during the quarter at an average price of $18.64 per share

•Tangible book value per share of $40.871 increased 3% from the third quarter of 2025

"We are pleased to close 2025 with strong fourth quarter results that demonstrate the resilience of our differentiated digital banking model," said David Becker, Chairman and CEO of First Internet Bancorp. "In 2025, we produced solid core financial performance as net interest income grew 30% year-over-year and delivered meaningful strategic accomplishments including the successful $850 million single tenant lease financing loan sale to Blackstone, exceptional growth in our Banking-as-a-Service initiatives and strategic investments in technology to further improve our credit underwriting and efficiency.”

"Additionally, we took decisi