InsCorp, Inc. Achieves 23% Year-Over-Year EPS Growth in 3Q25

InsCorp, Inc. Delivers Impressive Financial Results in 3Q25

In a recent announcement, InsCorp, Inc. (OTCQX: IBTN) revealed its earnings performance for the third quarter of 2025 (3Q25), highlighting an impressive growth in earnings per share (EPS) of 23% compared to the same quarter last year. The EPS rose to $0.79, up from $0.64 in 3Q24 and an increase from $0.73 in the previous quarter, indicating a positive trajectory for the company.

Strategic Focus and Market Expansion

According to Jim Rieniets, President and CEO of INSBANK, this growth is a testament to the team's dedication to achieving key objectives and maintaining stability across both sides of the balance sheet. This quarter also marked a significant strategic move for the bank, as INSBANK expanded into the rapidly growing Murfreesboro market, adding a skilled team of four veteran bankers - a critical step in enhancing its presence and performance in Tennessee.

The Murfreesboro team, which includes relationship managers and loan service professionals, brings over 70 years of collective experience in the Rutherford County market. Rieniets expressed enthusiasm over onboarding this team, stating that it aligns with INSBANK's strategic goals while catering to a clientele that appreciates high-quality commercial and private banking services. In just 45 days since the team's arrival, the market has already witnessed approximately $14.5 million in deposits and $11.7 million in loans.

Financial Metrics and Growth Indicators

For 3Q25, InsCorp reported a return on average assets (ROA) of 0.93% and a return on average tangible common equity (ROATCE) of 11.6%, both of which represent improvements from the previous quarter. Revenue showed an 18% year-over-year increase, amounting to $7.9 million, while noninterest expenses rose to $5.1 million, primarily driven by recruiting efforts and expansion activities, which include the establishment of the Murfreesboro branch.

The net interest income has also shown significant growth for the fifth consecutive quarter, climbing by 25% year-over-year to reach a rate of 3.20%. This successful growth has been supported by average earning asset growth of 15% year-over-year, highlighting INSBANK's robust operational capacity during this period.

Loan and Deposit Performance

Loans grew 15% year-over-year in 3Q25, with notable increases across various categories, including commercial and real estate loans. The residential loan sector experienced an impressive surge of 41%, bolstered by a shift in customer preferences away from certificate of deposit (CD) loans. Meanwhile, deposit growth reached 16% year-over-year, with a notable increase in both interest-bearing and non-interest-bearing deposits.

Particularly, interest-bearing transaction balances surged by 31%, reflecting a growing customer base and enhanced engagement with INSBANK's financial products.

Asset quality metrics remained strong, with net charge-offs and nonperforming loans continuing to indicate the strength of InsCorp's portfolio. The bank's healthy capital levels further bolster confidence in its ability to support growth, maintaining regulatory compliance and a well-capitalized status.

Future Outlook

With an increasing population and rising median household income projected in Rutherford County, INSBANK is optimistic about its long-term growth potential in the area. The company plans to leverage its strategic positioning to capitalize on the economic growth in this vibrant market, ensuring that its operational capacities will meet the anticipated demand for financial services.

In conclusion, InsCorp, Inc. has successfully demonstrated that strategic expansion, effective management, and investment in operational strength can yield significant financial results. As the company continues to enhance its presence in Tennessee and beyond, it remains poised for continued success and positive shareholder returns, paving a pathway for sustainable growth in the competitive banking landscape.