First Internet Bancorp (INBK) Investor presentation summary

Strategic positioning and business model

• Operates as a digital banking pioneer with a 25+ year branchless model and nationwide reach.

• Business model leverages scalable origination platforms and diversified revenue streams, including commercial, SBA, consumer lending, and BaaS partnerships.

• Deep regulatory expertise and risk management support fintech collaborations and compliance.

• Focus on innovation, customer-centricity, and personal connections despite digital-first approach.

Financial performance and growth

• Total assets of $5.7B, deposits of $5.0B, and loans of $3.8B as of 3/31/26.

• Net income for 1Q26 was $2.5M, up 166% YoY; diluted EPS of $0.29, up 164% YoY.

• Net interest income of $31.6M and net interest margin of 2.36%, both up significantly YoY.

• Adjusted total revenue grew 21% YoY; pre-provision net revenue up 51% YoY.

• Tangible book value per share stable at $40.87.

Lending and deposit trends

• Loan portfolio diversified across C&I, CRE, SBA, franchise, consumer, and specialty verticals.

• Weighted average yield on new loans funded in 1Q26 was 6.58%.

• Total deposits reached $5.0B, with fintech deposits up 201% YoY and payments volume up 242%.

• Deposit base diversified among consumer, SMB, fintech, commercial, and public funds.