Quarterly ResultAug 5, 2026, 04:30 PM

First Internet Bancorp Q2 Net Income $2.37M; EPS $0.27

AI Summary

First Internet Bancorp reported a substantial increase in net income for the second quarter of 2026, reaching $2.37 million, up from $0.19 million in the same period last year. Basic earnings per share also saw a significant rise to $0.27 from $0.02. The company experienced growth in net interest income and total loans, while total assets and deposits saw minor fluctuations.

Key Highlights

Net income for Q2 2026 was $2.37 million, significantly up from $0.19 million in Q2 2025.
Basic EPS for Q2 2026 reached $0.27, compared to $0.02 in Q2 2025.
Net interest income for Q2 2026 increased to $32.44 million from $27.99 million year-over-year.
Total assets stood at $5.56 billion as of June 30, 2026, a slight decrease from $5.57 billion at year-end 2025.
Total loans grew to $3.81 billion at June 30, 2026, up from $3.75 billion at year-end 2025.
Total deposits were $4.83 billion at June 30, 2026, a minor decrease from $4.84 billion at year-end 2025.
Dividends declared per share remained constant at $0.06 for Q2 2026.

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