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First Internet Bancorp Q1 FY26 net income triples to $2.5 million; revenue rises 21% to $43.1 million

PUBT·04/30/2026 20:35:28
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First Internet Bancorp Q1 FY26 net income triples to $2.5 million; revenue rises 21% to $43.1 million
  • First Internet Bancorp first-quarter 2026 net income more than tripled to $2.5 million.
  • Revenue rose 21% to $43.1 million.
  • Net interest margin widened 54 basis points to 2.36%.
  • Provision for credit losses totaled $16.3 million as quarterly CECL re-measurement reflected observed credit performance and updated conditions.
  • Management broadly maintained 2026 guidance, though it cautioned full-year loan growth target of 15%-17% may be ambitious due to higher-than-expected loan payoffs and potential further tightening of underwriting standards.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Internet Bancorp published the original content used to generate this news brief via Business Wire (Ref. ID: 202604301607BIZWIRE_USPR_____20260428_BW063339) on April 30, 2026, and is solely responsible for the information contained therein.