INBK
First Internet Bancorp22.36
+0.42+1.91%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
194.82MP/E (TTM)
-Basic EPS (TTM)
-3.80Dividend Yield
0.01%Recent Filings
8-K
10-Q
Q3 FY2025 results
First Internet Bancorp posted a Q3 net loss of $41.6 million, or $4.76 per diluted share, versus $7.0 million net income, or $0.80 per share, a year earlier—driven by a $37.8 million pre-tax hit from selling $836.9 million in single tenant lease financing loans to bolster capital and trim interest rate risk. Net interest income climbed 39.5% year-over-year to $30.4 million, with loan yields up 28 basis points to 6.18% amid $397.8 million average loan growth, while deposit costs fell 33 basis points to 3.87% on fintech inflows that cut reliance on pricier brokered funds. The provision for credit losses ballooned to $34.4 million from $3.9 million, reflecting $21.0 million net charge-offs (1.89% of average loans) in small business and franchise segments, pushing the allowance to 1.66% of loans. Cash swelled to $787.7 million with $249.5 million in FHLB advances outstanding, maintaining strong liquidity. Elevated charge-offs in franchise lending signal ongoing credit pressures.
8-K
Q3 loss from loan sale, metrics improve
First Internet Bancorp reported a Q3 2025 net loss of $41.6 million, driven by a $37.8 million loss on selling $836.9 million in single tenant lease financing loans, yet adjusted revenue surged 30% to $43.5 million with net interest margin expanding to 2.04%. Proactive credit actions slashed delinquencies in small business and franchise portfolios, boosting the CET1 ratio to 9.24% and enhancing balance sheet flexibility. The board authorized $25 million in stock repurchases through September 2027. Delinquencies hit a yearly low.
8-K
Loan portfolio sale completed
First Internet Bancorp's subsidiary completed the sale of $836.9 million in performing single-tenant lease financing loans to Blackstone affiliates on September 18, 2025, netting $794.2 million after costs. The deal sheds non-core assets, bolstering liquidity while the bank retains servicing duties. $27.9 million of the portfolio awaits potential future sale. This tightens focus on core operations.
8-K
Quarterly dividend declared
First Internet Bancorp declared a quarterly cash dividend of $0.06 per common share on September 16, 2025, payable October 15 to shareholders of record September 30. This payout underscores steady capital return amid $6.1 billion in assets as of June 30. Future dividends hinge on board discretion, balancing operations and regulations. Solid signal for investors.
IPO
Employees
Sector
Industry
BFC
Bank First Corporation
135.42-0.09
FBNC
First Bancorp
53.55+0.08
FCF
First
17.12-0.16
FFBC
First Financial Bancorp.
26.58-0.40
FFBW
FFBW, Inc.
15.00+0.05
FHB
First Hawaiian, Inc.
25.93-0.13
FIBK
First Interstate BancSystem, In
35.57-0.07
FNWB
First Northwest Bancorp
9.95-0.03
HBNC
Horizon Bancorp, Inc.
18.36-0.10
TBBK
The Bancorp, Inc.
67.58-1.05