First Internet Bancorp Reports Q4 Revenue of $41.7M
Reports Q4 revenue $41.7M, consensus $32.8M. Reports Q4: Net interest margin of 2.22% and FTE net interest margin of 2.30%, each increased 55 basis points, from the prior year period. Pre-provision net revenue of $17.5 million1 and adjusted PPNR of $17.9 million1, which increased 66% from the prior year period. "We are pleased to close 2025 with strong fourth quarter results that demonstrate the resilience of our differentiated digital banking model," said David Becker, Chairman and CEO of First Internet Bancorp. "In 2025, we produced solid core financial performance as net interest income grew 30% year-over-year and delivered meaningful strategic accomplishments including the successful $850 million single tenant lease financing loan sale to Blackstone, exceptional growth in our Banking-as-a-Service initiatives and strategic investments in technology to further improve our credit underwriting and efficiency."
