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

First Internet Bancorp (NASDAQ:INBK) will likely be announcing its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect First Internet Bancorp to announce earnings of $0.15 per share and revenue of $43.8320 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 5:00 PM ET.

First Internet Bancorp (NASDAQ:INBK) last released its quarterly earnings data on Thursday, April 30th. The bank reported $0.29 EPS for the quarter, beating the consensus estimate of $0.08 by $0.21. The firm had revenue of $43.12 million for the quarter, compared to the consensus estimate of $45.67 million. First Internet Bancorp had a negative net margin of 9.60% and a negative return on equity of 1.14%. 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 Stock Performance

NASDAQ INBK opened at $27.04 on Wednesday. The firm has a 50-day moving average of $25.89 and a 200-day moving average of $23.23. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.87 and a current ratio of 0.88. The stock has a market cap of $235.79 million, a PE ratio of -7.02 and a beta of 0.83. First Internet Bancorp has a 52-week low of $17.05 and a 52-week high of $28.88.

First Internet Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.06 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.24 dividend on an annualized basis and a yield of 0.9%. First Internet Bancorp’s dividend payout ratio is -6.23%.

Institutional Investors Weigh In On First Internet Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in INBK. Tower Research Capital LLC TRC increased its stake in shares of First Internet Bancorp by 202.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,789 shares of the bank’s stock valued at $48,000 after purchasing an additional 1,198 shares during the last quarter. Deutsche Bank AG lifted its position in shares of First Internet Bancorp by 4,390.4% during the 4th quarter. Deutsche Bank AG now owns 5,164 shares of the bank’s stock worth $108,000 after buying an additional 5,049 shares during the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of First Internet Bancorp by 19.9% during the 4th quarter. Public Employees Retirement System of Ohio now owns 6,024 shares of the bank’s stock worth $126,000 after buying an additional 1,000 shares during the last quarter. Wells Fargo & Company MN boosted its stake in First Internet Bancorp by 62.8% in the fourth quarter. Wells Fargo & Company MN now owns 8,759 shares of the bank’s stock valued at $183,000 after buying an additional 3,379 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in First Internet Bancorp in the fourth quarter valued at about $206,000. 65.46% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on INBK shares. Benchmark initiated coverage on shares of First Internet Bancorp in a research report on Wednesday, June 24th. They issued a “buy” rating and a $33.00 price target for the company. Weiss Ratings raised First Internet Bancorp from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, July 8th. Keefe, Bruyette & Woods raised their price objective on First Internet Bancorp from $23.00 to $24.00 and gave the stock a “market perform” rating in a research note on Friday, May 1st. Wall Street Zen raised First Internet Bancorp from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Finally, Piper Sandler lifted their price objective on First Internet Bancorp from $24.00 to $26.00 and gave the company a “neutral” rating in a report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $28.00.

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).