First Internet Bancorp (INBK) Projected to Release Earnings on Wednesday

First Internet Bancorp (NASDAQ:INBK) will likely be posting its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to announce earnings of $0.1375 per share and revenue of $43.8320 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 23, 2026 at 2:00 PM ET.

First Internet Bancorp (NASDAQ:INBK) last released its quarterly earnings results on Thursday, April 30th. The bank reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.21. The company had revenue of $43.12 million for the quarter, compared to analyst estimates of $45.67 million. First Internet Bancorp had a negative return on equity of 1.14% and a negative net margin of 9.60%. On average, analysts expect First Internet Bancorp to post $2 EPS for the current fiscal year and $4 EPS for the next fiscal year.

First Internet Bancorp Price Performance

Shares of INBK stock opened at $26.47 on Wednesday. The business’s fifty day moving average is $25.43 and its 200 day moving average is $22.81. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. The stock has a market cap of $230.82 million, a price-to-earnings ratio of -6.88 and a beta of 0.83. First Internet Bancorp has a twelve month low of $17.05 and a twelve month high of $28.88.

First Internet Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Tuesday, June 30th. First Internet Bancorp’s dividend payout ratio (DPR) is presently -6.23%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on INBK shares. Benchmark started coverage on shares of First Internet Bancorp in a research note on Wednesday, June 24th. They set a “buy” rating and a $33.00 price objective on the stock. Piper Sandler raised their target price on shares of First Internet Bancorp from $24.00 to $26.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Wall Street Zen upgraded shares of First Internet Bancorp from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Zacks Research raised First Internet Bancorp from a “strong sell” rating to a “hold” rating in a research report on Monday, March 30th. Finally, Weiss Ratings upgraded First Internet Bancorp from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $28.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Graham Capital Management L.P. purchased a new position in First Internet Bancorp in the 4th quarter worth about $251,000. Empowered Funds LLC boosted its holdings in shares of First Internet Bancorp by 7.1% during the 4th quarter. Empowered Funds LLC now owns 15,329 shares of the bank’s stock valued at $320,000 after acquiring an additional 1,012 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of First Internet Bancorp by 384.4% in the third quarter. JPMorgan Chase & Co. now owns 18,762 shares of the bank’s stock worth $421,000 after acquiring an additional 14,889 shares during the period. Jump Financial LLC bought a new stake in shares of First Internet Bancorp in the second quarter worth approximately $236,000. Finally, Jane Street Group LLC bought a new stake in shares of First Internet Bancorp in the first quarter worth approximately $297,000. 65.46% of the stock is owned by institutional investors.

About First Internet Bancorp

First Internet Bancorp is the bank holding company for First Internet Bank of Indiana, a pioneer in digital banking in the United States. Established with a focus on online-only operations, the company offers fully integrated, web-based financial solutions without the overhead of physical branches. Headquartered in Indianapolis, Indiana, First Internet Bancorp leverages technology to deliver streamlined banking services to customers across the country.

The company’s core offerings include a range of deposit products such as checking accounts, savings accounts, money market accounts, certificates of deposit (CDs) and individual retirement accounts (IRAs).