Compared to Estimates, First Internet (INBK) Q1 Earnings: A Look at Key Metrics

Core Viewpoint - First Internet Bancorp reported a revenue increase of 22.2% year-over-year for Q1 2025, but fell short of analyst expectations in both revenue and earnings per share (EPS) [1][2]. Financial Performance - Revenue for the quarter was $35.52 million, which was a surprise of -3.21% compared to the Zacks Consensus Estimate of $36.7 million [1]. - EPS was reported at $0.11, significantly lower than the consensus estimate of $0.75, resulting in an EPS surprise of -85.33% [1]. - Net Interest Margin was recorded at 1.8%, slightly below the estimated 1.9% [4]. - Net Interest Income was $25.10 million, compared to the average estimate of $25.35 million [4]. - Total noninterest income was $10.43 million, which also fell short of the average estimate of $11.39 million [4]. Stock Performance - Over the past month, shares of First Internet Bancorp have returned -7.8%, underperforming the Zacks S&P 500 composite's -6.6% change [3]. - The stock currently holds a Zacks Rank 3 (Hold), indicating it may perform in line with the broader market in the near term [3].