First Internet Bancorp Second Quarter 2025 Earnings: Misses Expectations

First Internet Bancorp (NASDAQ:INBK) Second Quarter 2025 Results

Key Financial Results

• Revenue: US$19.9m (down 30% from 2Q 2024).
• Net income: US$193.0k (down 97% from 2Q 2024).
• Profit margin: 1.0% (down from 20% in 2Q 2024). The decrease in margin was driven by lower revenue.
• EPS: US$0.02 (down from US$0.67 in 2Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

First Internet Bancorp Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 93%.

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Banks industry in the US.

Performance of the American Banks industry.

The company's shares are down 13% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on First Internet Bancorp's balance sheet.

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