diff --git a/drivers/net/ethernet/ibm/ibmvnic.c b/drivers/net/ethernet/ibm/ibmvnic.c
index 84961a83803b..352ffe982d84 100644
--- a/drivers/net/ethernet/ibm/ibmvnic.c
+++ b/drivers/net/ethernet/ibm/ibmvnic.c
@@ -2565,7 +2565,7 @@ static int ibmvnic_reset(struct ibmvnic_adapter *adapter,
 
 	if (adapter->state == VNIC_PROBING) {
 		netdev_warn(netdev, "Adapter reset during probe\n");
-		adapter->init_done_rc = EAGAIN;
+		adapter->init_done_rc = -EAGAIN;
 		ret = EAGAIN;
 		goto err;
 	}
@@ -5067,11 +5067,6 @@ static void ibmvnic_handle_crq(union ibmvnic_crq *crq,
 			 */
 			adapter->login_pending = false;
 
-			if (!completion_done(&adapter->init_done)) {
-				complete(&adapter->init_done);
-				adapter->init_done_rc = -EIO;
-			}
-
 			if (adapter->state == VNIC_DOWN)
 				rc = ibmvnic_reset(adapter, VNIC_RESET_PASSIVE_INIT);
 			else
@@ -5092,6 +5087,13 @@ static void ibmvnic_handle_crq(union ibmvnic_crq *crq,
 					   rc);
 				adapter->failover_pending = false;
 			}
+
+			if (!completion_done(&adapter->init_done)) {
+				complete(&adapter->init_done);
+				if (!adapter->init_done_rc)
+					adapter->init_done_rc = -EAGAIN;
+			}
+
 			break;
 		case IBMVNIC_CRQ_INIT_COMPLETE:
 			dev_info(dev, "Partner initialization complete\n");
@@ -5559,7 +5561,7 @@ static int ibmvnic_probe(struct vio_dev *dev, const struct vio_device_id *id)
 		}
 
 		rc = ibmvnic_reset_init(adapter, false);
-	} while (rc == EAGAIN);
+	} while (rc == -EAGAIN);
 
 	/* We are ignoring the error from ibmvnic_reset_init() assuming that the
 	 * partner is not ready. CRQ is not active. When the partner becomes