First Internet Bancorp(INBK)Earnings, Financials & Key Ratios

INBK•NASDAQ•Banking & Credit

Price updated Jun 19, 2026

SectorFinancial Services IndustryRegional Banks Sub-IndustryDigital banks and banking-as-a-service

AboutFirst Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial and retail banking products and services to individuals and commercial customers in the United States. The company accepts non-interest bearing and interest-bearing demand deposit, savings, money market, and brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real estate, construction, residential mortgage, home equity and improvement, small installment, term, and other consumer loans, as well as single tenant lease financing, and public and healthcare finance; franchise finance; and small business lending. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and provision of municipal finance lending and leasing products to government entities. In addition, it offers corporate credit card and treasury management services. The company provides its services through its firstib.com Website. First Internet Bancorp was founded in 1999 and is headquartered in Fishers, Indiana.Show more

Net Interest Income$114M+30.2%
Total Revenue$323M-3.2%
Net Income-$35M-239.1%
Return on Equity-9.46%-239.7%
Net Interest Margin2.04%+34.1%
Efficiency Ratio29.43%+16.6%
ROA-0.62%-234.2%
Equity / Assets6.46%-3.5%
Book Value per Share41.21-5.9%

INBK Key Insights

First Internet Bancorp (INBK) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Efficient operations: 29.4% efficiency ratio
✓Trading at only 0.6x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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INBK Price & Volume

First Internet Bancorp (INBK) stock price & volume — 10-year historical chart

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INBK Growth Metrics

First Internet Bancorp (INBK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years20.28%

5 Years13.53%

3 Years22.95%

TTM-

Profit CAGR

10 Years-

5 Years-

3 Years-

TTM-239.14%

EPS CAGR

10 Years-

5 Years-

3 Years-

TTM-239.38%

Return on Capital

10 Years2.6%

5 Years1.29%

3 Years-1.1%

Last Year-6.64%

INBK Recent Earnings

First Internet Bancorp (INBK) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 3/12 qtrs (33%)●Beat Revenue 5/12 qtrs (56%)

Q2 2026Latest

Apr 30, 2026

Metric

Actual

Est

EPS

$0.29+262.5%

$0.08

Rev

$43M-5.6%

$46M

Q2 2026

Mar 11, 2026

Metric

Actual

Est

EPS

$0.60

—

Rev

$89M

—

Q1 2026

Jan 29, 2026

Metric

Actual

Est

EPS

$0.64+8.5%

$0.59

Rev

$42M-3.2%

$44M

Q4 2025

Oct 22, 2025

Metric

Actual

Est

EPS

$1.43-316.7%

$0.66

Rev

$58M+75.3%

$33M

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 30, 2026	$0.29vs $0.08+262.5%	$43Mvs $46M-5.6%
Q2 2026	Mar 11, 2026	$0.60	$89M
Q1 2026	Jan 29, 2026	$0.64vs $0.59+8.5%	$42Mvs $44M-3.2%
Q4 2025	Oct 22, 2025	$1.43vs $0.66-316.7%	$58Mvs $33M+75.3%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
SOFISoFi Technologies, Inc.Product Competitor	22.84B	17.91	45.92	28.78%	10.09%	5.87%	0.17
HONEHarborOne Bancorp, Inc.Product Competitor	522.22M	12.10	18.33	10.7%	8.56%	4.56%	0.90
NBTBNBT Bancorp Inc.Product Competitor	2.44B	46.68	14.02	10.36%	18.76%	9.51%	0.17
CFFNCapitol Federal Financial, Inc.Product Competitor	1.05B	8.08	15.54	10.03%	17.07%	6.99%	1.86
FISFidelity National Information Services, Inc.Supply Chain	19.75B	38.21	50.95	5.43%	22.91%	18.45%	0.29
FISVFiserv, Inc.Supply Chain	25.59B	47.86	7.55	3.6%	15.17%	12.43%	1.13
JKHYJack Henry & Associates, Inc.Supply Chain	9.14B	126.23	20.23	7.21%	20.64%	24.03%
LMNDLemonade, Inc.Often Compared	4.52B	58.84	-25.58	40.15%	-16.92%	-26.52%	0.34

Compare INBK vs Peers

First Internet Bancorp (INBK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SOFI

Most directly comparable listed peer for INBK.

Scale Benchmark

vs FISV

Larger-name benchmark to compare INBK against a more recognizable public peer.

Peer Set

Compare Top 5

vs SOFI, HONE, NBTB, CFFN

INBK Income Statement

First Internet Bancorp (INBK) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Net Interest Income	53.98M	62.27M	62.97M	64.54M	86.56M	97.09M	74.9M	87.38M	113.76M
NII Growth %	36.01%	15.35%	1.12%	2.5%	34.11%	12.17%	-22.85%	16.65%	30.19%
Net Interest Margin %	1.95%	1.76%	1.54%	1.52%	2.06%	2.14%	1.45%	1.52%	2.04%
Interest Income	84.7M	115.47M	147.41M	136.86M	133.88M	156.91M	239.44M	291.89M	320.16M
Interest Expense	30.71M	53.2M	84.45M	72.32M	47.33M	59.81M	164.54M	204.51M	206.4M
Loan Loss Provision	4.87M	3.89M	5.97M	9.32M	1.03M	4.98M	16.7M	17.21M	72.31M
Non-Interest Income	9.51M	7.82M	15.65M	34.3M	28.21M	16.82M	20.41M	41.54M	2.71M
Non-Interest Income %	10.1%	6.34%	9.6%	20.04%	17.4%	9.68%	7.85%	12.46%	0.84%
Total Revenue	94.21M▲ 0%	123.28M▲ 30.9%	163.06M▲ 32.3%	171.16M▲ 5.0%	162.09M▼ 5.3%	173.73M▲ 7.2%	259.85M▲ 49.6%	333.42M▲ 28.3%	322.87M▼ 3.2%
Revenue Growth %	30.69%	30.86%	32.26%	4.97%	-5.3%	7.18%	49.57%	28.31%	-3.17%
Non-Interest Expense	35.7M	42.24M	45.49M	55.62M	57.16M	68.84M	73.68M	84.16M	95.03M
Efficiency Ratio	37.89%	34.26%	27.9%	32.49%	35.27%	39.62%	28.35%	25.24%	29.43%
Operating Income	22.93M▲ 0%	23.95M▲ 4.5%	27.16M▲ 13.4%	33.9M▲ 24.8%	56.57M▲ 66.9%	40.1M▼ 29.1%	4.94M▼ 87.7%	27.54M▲ 457.5%	-50.87M▼ 284.7%
Operating Margin %	24.34%	19.43%	16.65%	19.8%	34.9%	23.08%	1.9%	8.26%	-15.76%
Operating Income Growth %	27.48%	4.47%	13.38%	24.83%	66.89%	-29.12%	-87.68%	457.53%	-284.7%
Pretax Income	22.93M▲ 0%	23.95M▲ 4.5%	27.16M▲ 13.4%	33.9M▲ 24.8%	56.57M▲ 66.9%	40.1M▼ 29.1%	4.94M▼ 87.7%	27.54M▲ 457.5%	-50.87M▼ 284.7%
Pretax Margin %	24.34%	19.43%	16.65%	19.8%	34.9%	23.08%	1.9%	8.26%	-15.76%
Income Tax	7.7M	2.05M	1.92M	4.45M	8.46M	4.56M	-3.48M	2.27M	-15.7M
Effective Tax Rate %	33.59%	8.57%	7.06%	13.11%	14.95%	11.37%	-70.38%	8.23%	30.87%
Net Income	15.23M▲ 0%	21.9M▲ 43.8%	25.24M▲ 15.2%	29.45M▲ 16.7%	48.11M▲ 63.4%	35.54M▼ 26.1%	8.42M▼ 76.3%	25.28M▲ 200.3%	-35.17M▼ 239.1%
Net Margin %	16.16%	17.76%	15.48%	17.21%	29.68%	20.46%	3.24%	7.58%	-10.89%
Net Income Growth %	26.11%	43.83%	15.25%	16.7%	63.36%	-26.13%	-76.32%	200.3%	-239.14%
Net Income (Continuing)	15.23M	21.9M	25.24M	29.45M	48.11M	35.54M	8.42M	25.28M	-35.17M
EPS (Diluted)	2.13▲ 0%	2.30▲ 8.0%	2.51▲ 9.1%	2.99▲ 19.1%	4.82▲ 61.2%	3.70▼ 23.2%	0.95▼ 74.3%	2.88▲ 203.2%	-4.03▼ 239.9%
EPS Growth %	-7.39%	7.98%	9.13%	19.12%	61.2%	-23.24%	-74.32%	203.16%	-239.93%
EPS (Basic)	2.14	2.31	2.51	2.99	4.85	3.73	0.95	2.91	-4.03
Diluted Shares Outstanding	7.15M	9.51M	10.04M	9.84M	9.98M	9.6M	8.86M	8.77M	8.73M

INBK Balance Sheet

First Internet Bancorp (INBK) balance sheet — assets, liabilities & shareholders' equity

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash & Short Term Investments	521.26M	670.06M	868.21M	917.43M	1.05B	646.94M	880.75M	879.71M	1.07B
Cash & Due from Banks	47.98M	188.71M	327.36M	419.81M	442.96M	256.55M	405.9M	466.41M	456.78M
Short Term Investments	473.27M	481.35M	540.85M	497.63M	603.04M	390.38M	474.86M	413.3M	615.5M
Total Investments	1.82B	2.3B	2.6B	2.69B	2.7B	3.14B	3.6B	4.07B	4.61B
Investments Growth %	60.25%	26.67%	13.18%	3.09%	0.72%	16.11%	14.55%	13.23%	13.11%
Long-Term Investments	1.34B	1.82B	2.06B	2.19B	2.1B	2.75B	3.12B	3.66B	3.99B
Accounts Receivables	11.94M	16.82M	18.61M	17.42M	16.04M	21.07M	26.75M	28.18M	27.91M
Goodwill & Intangibles	4.69M	4.69M	4.69M	4.69M	4.69M	4.69M	4.69M	4.69M	4.69M
Goodwill	4.69M	4.69M	4.69M	4.69M	4.69M	4.69M	4.69M	4.69M	4.69M
Intangible Assets	0	0	0	0	0	0	0	0	0
PP&E (Net)	10.06M	10.7M	14.63M	37.59M	59.84M	72.71M	73.46M	71.45M	67.93M
Other Assets	72.9M	100.02M	134.26M	131.47M	117.29M	119.36M	131.27M	149.41M	407.5M
Total Current Assets	1.34B	1.61B	1.88B	1.89B	1.93B	1.6B	1.84B	1.85B	1.1B
Total Non-Current Assets	1.43B	1.94B	2.22B	2.36B	2.28B	2.95B	3.33B	3.89B	4.47B
Total Assets	2.77B▲ 0%	3.54B▲ 28.0%	4.1B▲ 15.8%	4.25B▲ 3.6%	4.21B▼ 0.8%	4.54B▲ 7.9%	5.17B▲ 13.7%	5.74B▲ 11.0%	5.57B▼ 2.9%
Asset Growth %	49.25%	27.97%	15.77%	3.56%	-0.83%	7.89%	13.75%	11.04%	-2.9%
Return on Assets (ROA)	0.66%	0.69%	0.66%	0.71%	1.14%	0.81%	0.17%	0.46%	-0.62%
Accounts Payable	311K	1.11M	3.77M	1.44M	2.02M	2.91M	3.85M	2.5M	1.74M
Total Debt	446.9M	559.03M	584.44M	594.52M	619.15M	719.46M	719.77M	400.15M	354.96M
Net Debt	398.92M	370.32M	257.08M	174.71M	176.19M	462.91M	313.87M	-66.26M	-101.81M
Long-Term Debt	446.9M	559.03M	584.44M	594.52M	619.15M	719.46M	719.77M	400.15M	354.96M
Short-Term Debt	0	0	0	0	0	0	0	0	0
Other Liabilities	0	0	0	0	0	0	14.18M	17.95M	15.36M
Total Current Liabilities	2.1B	2.69B	3.21B	3.32B	3.21B	3.46B	4.07B	4.94B	4.84B
Total Non-Current Liabilities	446.9M	559.03M	584.44M	594.52M	619.15M	719.46M	733.96M	418.1M	370.32M
Total Liabilities	2.54B	3.25B	3.8B	3.92B	3.83B	4.18B	4.8B	5.35B	5.21B
Total Equity	224.13M▲ 0%	288.74M▲ 28.8%	304.91M▲ 5.6%	330.94M▲ 8.5%	380.34M▲ 14.9%	364.97M▼ 4.0%	362.8M▼ 0.6%	384.06M▲ 5.9%	359.77M▼ 6.3%
Equity Growth %	45.59%	28.83%	5.6%	8.54%	14.93%	-4.04%	-0.6%	5.86%	-6.33%
Equity / Assets (Capital Ratio)	8.1%	8.15%	7.44%	7.79%	9.03%	8.03%	7.02%	6.69%	6.46%
Return on Equity (ROE)	8.05%	8.54%	8.5%	9.26%	13.53%	9.54%	2.31%	6.77%	-9.46%
Book Value per Share	31.35	30.36	30.36	33.63	38.13	38.04	40.95	43.81	41.21
Tangible BV per Share	30.70	29.87	29.89	33.15	37.66	37.55	40.42	43.28	40.67
Common Stock	172.04M	227.59M	219.42M	221.41M	218.95M	192.94M	184.7M	186.09M	186.58M
Additional Paid-in Capital	0	0	0	0	0	0	0	0	0
Retained Earnings	57.1M	77.69M	99.68M	126.73M	172.43M	205.68M	207.47M	230.62M	193.32M
Accumulated OCI	-5.02M	-16.54M	-14.19M	-17.2M	-11.04M	-33.64M	-29.38M	-32.65M	-20.13M
Treasury Stock	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0

INBK Cash Flow Statement

First Internet Bancorp (INBK) cash flow — operating, investing & free cash flow history

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash from Operations	24.62M	29.36M	-43.58M	13.07M	54.84M	82.72M	11.68M	12.99M	12.1M
Operating CF Growth %	-6.97%	19.22%	-248.44%	129.99%	319.65%	50.84%	-85.88%	11.23%	-6.83%
Net Income	15.23M	21.9M	25.24M	29.45M	48.11M	35.54M	8.42M	25.28M	-35.17M
Depreciation & Amortization	5.3M	5.67M	6.93M	7.83M	8.78M	8.73M	5.75M	8.46M	0
Deferred Taxes	-3.3M	978K	-4.4M	-4.12M	2.43M	4.63M	-4.35M	-1.36M	0
Other Non-Cash Items	8.99M	12.12M	-33.52M	-22.35M	-13.1M	25.07M	9.95M	-25.17M	41.61M
Working Capital Changes	-2.63M	-12.84M	-39.5M	142K	6.23M	6.72M	-9.34M	3.97M	5.66M
Cash from Investing	-908.15M	-638.71M	-313.27M	-44.81M	43.87M	-601.03M	-474.5M	-496.17M	-7.72M
Purchase of Investments	-94.01M	-91.55M	-211.21M	-146.09M	-282.23M	-57.73M	-188.81M	-261.5M	-7.72M
Sale/Maturity of Investments	77.53M	62.51M	122.75M	196.71M	174.78M	88.13M	72.25M	110.96M	0
Net Investment Activity	-16.48M	-29.04M	-88.46M	50.62M	-107.44M	30.4M	-116.56M	-150.55M	-7.72M
Acquisitions	0	0	0	0	0	0	0	0	0
Other Investing	-890.15M	-607.45M	-220.71M	-69.87M	181.21M	-613.92M	-352.57M	-343.03M	0
Cash from Financing	892.06M	750.09M	495.5M	124.19M	-75.56M	331.9M	612.17M	543.69M	-2.87M
Dividends Paid	-1.68M	-2.23M	-2.42M	-2.35M	-2.42M	-2.32M	-2.16M	-2.08M	-2.09M
Share Repurchases	0	-216K	-9.78M	0	-4.44M	-27.78M	-9.34M	-283K	-521K
Stock Issued	51.64M	54.33M	0	0	0	0	0	0	0
Net Stock Activity	51.64M	54.12M	-9.78M	0	-4.44M	-27.78M	-9.34M	-283K	-521K
Debt Issuance (Net)	1000K	1000K	1000K	1000K	1000K	1000K	0	-1000K	-1000K
Other Financing	621.9M	586.2M	482.28M	116.77M	-92.37M	262M	623.66M	866.05M	45.24M
Net Change in Cash	8.53M▲ 0%	140.73M▲ 1550.0%	138.65M▼ 1.5%	92.44M▼ 33.3%	23.15M▼ 75.0%	-186.41M▼ 905.1%	149.35M▲ 180.1%	60.51M▼ 59.5%	1.51M▼ 97.5%
Exchange Rate Effect	0	0	0	0	0	0	0	0	0
Cash at Beginning	39.45M	47.98M	188.71M	327.36M	419.81M	442.96M	256.55M	405.9M	13M
Cash at End	47.98M	188.71M	327.36M	419.81M	442.96M	256.55M	405.9M	466.41M	14.51M
Interest Paid	30.52M	52.4M	81.79M	74.65M	46.75M	58.92M	163.6M	205.86M	207.15M
Income Taxes Paid	6.57M	485K	4.56M	5.91M	7.04M	2M	939K	684K	99K
Free Cash Flow	23.11M▲ 0%	27.14M▲ 17.4%	-47.68M▼ 275.7%	-12.49M▲ 73.8%	24.95M▲ 299.7%	65.21M▲ 161.4%	6.31M▼ 90.3%	10.4M▲ 64.7%	38.3M▲ 268.3%
FCF Growth %	-0.82%	17.44%	-275.71%	73.8%	299.73%	161.37%	-90.32%	64.74%	268.28%

INBK Banking Ratios

First Internet Bancorp (INBK) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	9.35%	8.05%	8.54%	8.5%	9.26%	13.53%	9.54%	2.31%	6.77%	-9.46%
Return on Assets (ROA)	0.77%	0.66%	0.69%	0.66%	0.71%	1.14%	0.81%	0.17%	0.46%	-0.62%
Net Interest Margin	2.14%	1.95%	1.76%	1.54%	1.52%	2.06%	2.14%	1.45%	1.52%	2.04%
Efficiency Ratio	42.39%	37.89%	34.26%	27.9%	32.49%	35.27%	39.62%	28.35%	25.24%	29.43%
Equity / Assets	8.3%	8.1%	8.15%	7.44%	7.79%	9.03%	8.03%	7.02%	6.69%	6.46%
Book Value / Share	29.38	31.35	30.36	30.36	33.63	38.13	38.04	40.95	43.81	41.21
NII Growth	29.06%	36.01%	15.35%	1.12%	2.5%	34.11%	12.17%	-22.85%	16.65%	30.19%
Dividend Payout	9.93%	11%	10.18%	9.58%	7.98%	5.02%	6.52%	25.61%	8.22%	-

INBK SEC Filings & Documents

First Internet Bancorp (INBK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 30, 2026·SEC

Material company update

Mar 17, 2026·SEC

Material company update

Jan 29, 2026·SEC

10-K Annual Reports

FY 2026

Mar 11, 2026·SEC

FY 2025

Mar 12, 2025·SEC

FY 2024

Mar 13, 2024·SEC

10-Q Quarterly Reports

FY 2025

Nov 10, 2025·SEC

FY 2025

Aug 6, 2025·SEC

FY 2025

May 7, 2025·SEC

INBK Frequently Asked Questions

First Internet Bancorp (INBK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

First Internet Bancorp (INBK) saw revenue decline by 3.2% over the past year.

First Internet Bancorp (INBK) reported a net loss of $35.2M for fiscal year 2025.

Dividend & Returns

Yes, First Internet Bancorp (INBK) pays a dividend with a yield of 0.93%. This makes it attractive for income-focused investors.

First Internet Bancorp (INBK) has a return on equity (ROE) of -9.5%. Negative ROE indicates the company is unprofitable.

Industry Metrics

First Internet Bancorp (INBK) has a net interest margin (NIM) of 2.0%. NIM has been under pressure due to interest rate environment.

First Internet Bancorp (INBK) has an efficiency ratio of 29.4%. This is excellent, indicating strong cost control.

What if you invested $1,000 in INBK back in 2005?

Total return calculator · dividends reinvested · 21+ years of data

See returns →

How much would $100/month in INBK be worth today?

Dollar cost averaging calculator · DCA vs lump sum

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Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

Apr 30, 2026

$0.29vs $0.08+262.5%

$43Mvs $46M-5.6%

Q2 2026

Mar 11, 2026

$0.60

$89M

Q1 2026

Jan 29, 2026

$0.64vs $0.59+8.5%

$42Mvs $44M-3.2%

Q4 2025

Oct 22, 2025

$1.43vs $0.66-316.7%

$58Mvs $33M+75.3%

Metric

Dec'17

Dec'18

Dec'19

Dec'20

Dec'21

Dec'22

Dec'23

Dec'24

Dec'25

Net Interest Income

53.98M

62.27M

62.97M

64.54M

86.56M

97.09M

74.9M

87.38M

113.76M

NII Growth %

36.01%

15.35%

1.12%

2.5%

34.11%

12.17%

-22.85%

16.65%

30.19%

Net Interest Margin %

1.95%

1.76%

1.54%

1.52%

2.06%

2.14%

1.45%

1.52%

2.04%

Interest Income

84.7M

115.47M

147.41M

136.86M

133.88M

156.91M

239.44M

291.89M

320.16M

Interest Expense

30.71M

53.2M

84.45M

72.32M

47.33M

59.81M

164.54M

204.51M

206.4M

Loan Loss Provision

4.87M

3.89M

5.97M

9.32M

1.03M

4.98M

16.7M

17.21M

72.31M

Non-Interest Income

9.51M

7.82M

15.65M

34.3M

28.21M

16.82M

20.41M

41.54M

2.71M

Non-Interest Income %

10.1%

6.34%

9.6%

20.04%

17.4%

9.68%

7.85%

12.46%

0.84%

Total Revenue

94.21M▲ 0%

123.28M▲ 30.9%

163.06M▲ 32.3%

171.16M▲ 5.0%

162.09M▼ 5.3%

173.73M▲ 7.2%

259.85M▲ 49.6%

333.42M▲ 28.3%

322.87M▼ 3.2%

Revenue Growth %

30.69%

30.86%

32.26%

4.97%

-5.3%

7.18%

49.57%

28.31%

-3.17%

Non-Interest Expense

35.7M

42.24M

45.49M

55.62M

57.16M

68.84M

73.68M

84.16M

95.03M

Efficiency Ratio

37.89%

34.26%

27.9%

32.49%

35.27%

39.62%

28.35%

25.24%

29.43%

Operating Income

22.93M▲ 0%

23.95M▲ 4.5%

27.16M▲ 13.4%

33.9M▲ 24.8%

56.57M▲ 66.9%

40.1M▼ 29.1%

4.94M▼ 87.7%

27.54M▲ 457.5%

-50.87M▼ 284.7%

Operating Margin %

24.34%

19.43%

16.65%

19.8%

34.9%

23.08%

1.9%

8.26%

-15.76%

Operating Income Growth %

27.48%

4.47%

13.38%

24.83%

66.89%

-29.12%

-87.68%

457.53%

-284.7%

Pretax Income

22.93M▲ 0%

23.95M▲ 4.5%

27.16M▲ 13.4%

33.9M▲ 24.8%

56.57M▲ 66.9%

40.1M▼ 29.1%

4.94M▼ 87.7%

27.54M▲ 457.5%

-50.87M▼ 284.7%

Pretax Margin %

24.34%

19.43%

16.65%

19.8%

34.9%

23.08%

1.9%

8.26%

-15.76%

Income Tax

7.7M

2.05M

1.92M

4.45M

8.46M

4.56M

-3.48M

2.27M

-15.7M

Effective Tax Rate %

33.59%

8.57%

7.06%

13.11%

14.95%

11.37%

-70.38%

8.23%

30.87%

Net Income

15.23M▲ 0%

21.9M▲ 43.8%

25.24M▲ 15.2%

29.45M▲ 16.7%

48.11M▲ 63.4%

35.54M▼ 26.1%

8.42M▼ 76.3%

25.28M▲ 200.3%

-35.17M▼ 239.1%

Net Margin %

16.16%

17.76%

15.48%

17.21%

29.68%

20.46%

3.24%

7.58%

-10.89%

Net Income Growth %

26.11%

43.83%

15.25%

16.7%

63.36%

-26.13%

-76.32%

200.3%

-239.14%

Net Income (Continuing)

15.23M

21.9M

25.24M

29.45M

48.11M

35.54M

8.42M

25.28M

-35.17M

EPS (Diluted)

2.13▲ 0%

2.30▲ 8.0%

2.51▲ 9.1%

2.99▲ 19.1%

4.82▲ 61.2%

3.70▼ 23.2%

0.95▼ 74.3%

2.88▲ 203.2%

-4.03▼ 239.9%

EPS Growth %

-7.39%

7.98%

9.13%

19.12%

61.2%

-23.24%

-74.32%

203.16%

-239.93%

EPS (Basic)

2.14

2.31

2.51

2.99

4.85

3.73

0.95

2.91

-4.03

Diluted Shares Outstanding

7.15M

9.51M

10.04M

9.84M

9.98M

9.6M

8.86M

8.77M

8.73M

Metric

Dec'17

Dec'18

Dec'19

Dec'20

Dec'21

Dec'22

Dec'23

Dec'24

Dec'25

Cash & Short Term Investments

521.26M

670.06M

868.21M

917.43M

1.05B

646.94M

880.75M

879.71M

1.07B

Cash & Due from Banks

47.98M

188.71M

327.36M

419.81M

442.96M

256.55M

405.9M

466.41M

456.78M

Short Term Investments

473.27M

481.35M

540.85M

497.63M

603.04M

390.38M

474.86M

413.3M

615.5M

Total Investments

1.82B

2.3B

2.6B

2.69B

2.7B

3.14B

3.6B

4.07B

4.61B

Investments Growth %

60.25%

26.67%

13.18%

3.09%

0.72%

16.11%

14.55%

13.23%

13.11%

Long-Term Investments

1.34B

1.82B

2.06B

2.19B

2.1B

2.75B

3.12B

3.66B

3.99B

Accounts Receivables

11.94M

16.82M

18.61M

17.42M

16.04M

21.07M

26.75M

28.18M

27.91M

Goodwill & Intangibles

4.69M

Goodwill

4.69M

Intangible Assets

PP&E (Net)

10.06M

10.7M

14.63M

37.59M

59.84M

72.71M

73.46M

71.45M

67.93M

Other Assets

72.9M

100.02M

134.26M

131.47M

117.29M

119.36M

131.27M

149.41M

407.5M

Total Current Assets

1.34B

1.61B

1.88B

1.89B

1.93B

1.6B

1.84B

1.85B

1.1B

Total Non-Current Assets

1.43B

1.94B

2.22B

2.36B

2.28B

2.95B

3.33B

3.89B

4.47B

Total Assets

2.77B▲ 0%

3.54B▲ 28.0%

4.1B▲ 15.8%

4.25B▲ 3.6%

4.21B▼ 0.8%

4.54B▲ 7.9%

5.17B▲ 13.7%

5.74B▲ 11.0%

5.57B▼ 2.9%

Asset Growth %

49.25%

27.97%

15.77%

3.56%

-0.83%

7.89%

13.75%

11.04%

-2.9%

Return on Assets (ROA)

0.66%

0.69%

0.66%

0.71%

1.14%

0.81%

0.17%

0.46%

-0.62%

Accounts Payable

311K

1.11M

3.77M

1.44M

2.02M

2.91M

3.85M

2.5M

1.74M

Total Debt

446.9M

559.03M

584.44M

594.52M

619.15M

719.46M

719.77M

400.15M

354.96M

Net Debt

398.92M

370.32M

257.08M

174.71M

176.19M

462.91M

313.87M

-66.26M

-101.81M

Long-Term Debt

446.9M

559.03M

584.44M

594.52M

619.15M

719.46M

719.77M

400.15M

354.96M

Short-Term Debt

Other Liabilities

14.18M

17.95M

15.36M

Total Current Liabilities

2.1B

2.69B

3.21B

3.32B

3.21B

3.46B

4.07B

4.94B

4.84B

Total Non-Current Liabilities

446.9M

559.03M

584.44M

594.52M

619.15M

719.46M

733.96M

418.1M

370.32M

Total Liabilities

2.54B

3.25B

3.8B

3.92B

3.83B

4.18B

4.8B

5.35B

5.21B

Total Equity

224.13M▲ 0%

288.74M▲ 28.8%

304.91M▲ 5.6%

330.94M▲ 8.5%

380.34M▲ 14.9%

364.97M▼ 4.0%

362.8M▼ 0.6%

384.06M▲ 5.9%

359.77M▼ 6.3%

Equity Growth %

45.59%

28.83%

5.6%

8.54%

14.93%

-4.04%

-0.6%

5.86%

-6.33%

Equity / Assets (Capital Ratio)

8.1%

8.15%

7.44%

7.79%

9.03%

8.03%

7.02%

6.69%

6.46%

Return on Equity (ROE)

8.05%

8.54%

8.5%

9.26%

13.53%

9.54%

2.31%

6.77%

-9.46%

Book Value per Share

31.35

30.36

33.63

38.13

38.04

40.95

43.81

41.21

Tangible BV per Share

30.70

29.87

29.89

33.15

37.66

37.55

40.42

43.28

40.67

Common Stock

172.04M

227.59M

219.42M

221.41M

218.95M

192.94M

184.7M

186.09M

186.58M

Additional Paid-in Capital

Retained Earnings

57.1M

77.69M

99.68M

126.73M

172.43M

205.68M

207.47M

230.62M

193.32M

Accumulated OCI

-5.02M

-16.54M

-14.19M

-17.2M

-11.04M

-33.64M

-29.38M

-32.65M

-20.13M

Treasury Stock

Preferred Stock

Metric

Dec'17

Dec'18

Dec'19

Dec'20

Dec'21

Dec'22

Dec'23

Dec'24

Dec'25

Cash from Operations

24.62M

29.36M

-43.58M

13.07M

54.84M

82.72M

11.68M

12.99M

12.1M

Operating CF Growth %

-6.97%

19.22%

-248.44%

129.99%

319.65%

50.84%

-85.88%

11.23%

-6.83%

Net Income

15.23M

21.9M

25.24M

29.45M

48.11M

35.54M

8.42M

25.28M

-35.17M

Depreciation & Amortization

5.3M

5.67M

6.93M

7.83M

8.78M

8.73M

5.75M

8.46M

Deferred Taxes

-3.3M

978K

-4.4M

-4.12M

2.43M

4.63M

-4.35M

-1.36M

Other Non-Cash Items

8.99M

12.12M

-33.52M

-22.35M

-13.1M

25.07M

9.95M

-25.17M

41.61M

Working Capital Changes

-2.63M

-12.84M

-39.5M

142K

6.23M

6.72M

-9.34M

3.97M

5.66M

Cash from Investing

-908.15M

-638.71M

-313.27M

-44.81M

43.87M

-601.03M

-474.5M

-496.17M

-7.72M

Purchase of Investments

-94.01M

-91.55M

-211.21M

-146.09M

-282.23M

-57.73M

-188.81M

-261.5M

-7.72M

Sale/Maturity of Investments

77.53M

62.51M

122.75M

196.71M

174.78M

88.13M

72.25M

110.96M

Net Investment Activity

-16.48M

-29.04M

-88.46M

50.62M

-107.44M

30.4M

-116.56M

-150.55M

-7.72M

Acquisitions

Other Investing

-890.15M

-607.45M

-220.71M

-69.87M

181.21M

-613.92M

-352.57M

-343.03M

Cash from Financing

892.06M

750.09M

495.5M

124.19M

-75.56M

331.9M

612.17M

543.69M

-2.87M

Dividends Paid

-1.68M

-2.23M

-2.42M

-2.35M

-2.42M

-2.32M

-2.16M

-2.08M

-2.09M

Share Repurchases

-216K

-9.78M

-4.44M

-27.78M

-9.34M

-283K

-521K

Stock Issued

51.64M

54.33M

Net Stock Activity

51.64M

54.12M

-9.78M

-4.44M

-27.78M

-9.34M

-283K

-521K

Debt Issuance (Net)

1000K

-1000K

Other Financing

621.9M

586.2M

482.28M

116.77M

-92.37M

262M

623.66M

866.05M

45.24M

Net Change in Cash

8.53M▲ 0%

140.73M▲ 1550.0%

138.65M▼ 1.5%

92.44M▼ 33.3%

23.15M▼ 75.0%

-186.41M▼ 905.1%

149.35M▲ 180.1%

60.51M▼ 59.5%

1.51M▼ 97.5%

Exchange Rate Effect

Cash at Beginning

39.45M

47.98M

188.71M

327.36M

419.81M

442.96M

256.55M

405.9M

13M

Cash at End

47.98M

188.71M

327.36M

419.81M

442.96M

256.55M

405.9M

466.41M

14.51M

Interest Paid

30.52M

52.4M

81.79M

74.65M

46.75M

58.92M

163.6M

205.86M

207.15M

Income Taxes Paid

6.57M

485K

4.56M

5.91M

7.04M

939K

684K

99K

Free Cash Flow

23.11M▲ 0%

27.14M▲ 17.4%

-47.68M▼ 275.7%

-12.49M▲ 73.8%

24.95M▲ 299.7%

65.21M▲ 161.4%

6.31M▼ 90.3%

10.4M▲ 64.7%

38.3M▲ 268.3%

FCF Growth %

-0.82%

17.44%

-275.71%

73.8%

299.73%

161.37%

-90.32%

64.74%

268.28%

Metric

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

Return on Equity (ROE)

9.35%

8.05%

8.54%

8.5%

9.26%

13.53%

9.54%

2.31%

6.77%

-9.46%

Return on Assets (ROA)

0.77%

0.66%

0.69%

0.66%

0.71%

1.14%

0.81%

0.17%

0.46%

-0.62%

Net Interest Margin

2.14%

1.95%

1.76%

1.54%

1.52%

2.06%

2.14%

1.45%

1.52%

2.04%

Efficiency Ratio

42.39%

37.89%

34.26%

27.9%

32.49%

35.27%

39.62%

28.35%

25.24%

29.43%

Equity / Assets

8.3%

8.1%

8.15%

7.44%

7.79%

9.03%

8.03%

7.02%

6.69%

6.46%

Book Value / Share

29.38

31.35

30.36

33.63

38.13

38.04

40.95

43.81

41.21

NII Growth

29.06%

36.01%

15.35%

1.12%

2.5%

34.11%

12.17%

-22.85%

16.65%

30.19%

Dividend Payout

9.93%

11%

10.18%

9.58%

7.98%

5.02%

6.52%

25.61%

8.22%

First Internet Bancorp(INBK)Earnings, Financials & Key Ratios

INBK Key Insights

✓Strengths

✗Weaknesses

INBK Price & Volume

INBK Growth Metrics

Revenue CAGR

Profit CAGR

EPS CAGR

Return on Capital

INBK Recent Earnings

INBK Peer Comparison

Compare INBK vs Peers

vs SOFI

vs FISV

Compare Top 5

INBK Income Statement

INBK Balance Sheet

INBK Cash Flow Statement

INBK Banking Ratios

INBK SEC Filings & Documents

8-K Announcements

10-K Annual Reports

10-Q Quarterly Reports

INBK Frequently Asked Questions

First Internet Bancorp(INBK)Earnings, Financials & Key Ratios

INBK Key Insights

✓Strengths

✗Weaknesses

INBK Price & Volume

INBK Growth Metrics

Revenue CAGR

Profit CAGR

EPS CAGR

Return on Capital

INBK Recent Earnings

INBK Peer Comparison

Compare INBK vs Peers

vs SOFI

vs FISV

Compare Top 5

INBK Income Statement

INBK Balance Sheet

INBK Cash Flow Statement

INBK Banking Ratios

INBK SEC Filings & Documents

8-K Announcements

10-K Annual Reports

10-Q Quarterly Reports

INBK Frequently Asked Questions