First Internet Bancorp

First Internet Bancorp

25.37
USD
-0.40
(-1.55%)
-3.58EPS
242.79MMarket Cap
Jan 27Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.65
6.43
8.89
10.15
8.92
7.38
7.83
10.04
11.57
11.95
10.79
14.83
12.58
- -
Basic EPS, GAAP
1.51
0.96
1.97
2.32
2.14
2.31
2.51
2.99
4.85
3.73
0.95
2.91
-4.03
- -
Free Cash Flow per Basic Share
11.29
0.24
1.85
4.47
3.25
2.86
-4.75
-1.27
2.52
6.84
0.71
1.2
0.25
- -
Dividend per Share
0.15
0.24
0.24
0.23
0.24
0.23
0.24
0.24
0.24
0.24
0.24
0.24
0.24
0.18
Book Value per Share
20.44
21.8
23.28
23.76
26.65
28.39
31.3
33.77
38.99
40.26
41.97
44.31
41.41
- -
Tangible Book Value per Share
19.38
20.74
22.24
23.04
26.09
27.93
30.82
33.29
38.51
39.74
41.43
43.77
40.87
- -
Basic Weighted Avg Shares
3
4
5
5
7
9
10
10
10
10
9
9
9
9
Sales/Revenue/Turnover
26
29
40
53
63
70
79
99
115
114
95
129
110
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
2
2
2
4
5
6
7
8
9
9
6
8
6
- -
Net Income, GAAP
5
4
9
12
15
22
25
29
48
36
8
25
-35
- -
Effective Tax Rate (%)
25.43
32.96
34.66
32.87
33.59
8.57
7.06
13.11
14.95
11.37
- -
8.23
- -
- -
Profit Margin (%)
17.46
14.96
22.18
22.83
23.98
31.25
32.1
29.8
41.92
31.2
8.83
19.61
-32.03
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
35
110
204
227
447
559
584
595
619
719
720
400
355
- -
Total Equity
91
97
104
154
224
289
305
331
380
365
363
384
360
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
4.04
2.6
3.47
3.51
2.9
2.88
2.91
3.25
5
3.41
- -
2.71
- -
- -
Return on Common Equity (%)
6.03
4.61
8.88
9.35
8.05
8.54
8.5
9.26
13.53
9.54
2.31
6.77
-9.46
- -

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
- -
- -
- -
LT Borrowings
345
345
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
178
243
230

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1,222
1,049
- -
Accounts Receivable, Net
28
29
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
1
2
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.59%
1.96%
-6.33%
Free Cash Flow
-39.7%
-48.52%
-78.64%
Net Income, GAAP
5.92%
-15.59%
-239.14%
Sales/Revenue/Turnover
11.92%
3.89%
-14.82%
Total Cash Common Dividend
7.67%
-2.28%
0.43%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
28
31
32
38
129
2025
34
32
4
40
110
2026
41
39
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.6
0.67
0.8
0.84
2.91
2025
0.11
0.02
-4.76
0.61
-4.03
2026
0.29
0.27
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.06
0.06
0.06
0.24
2025
0.06
0.06
0.06
0.06
0.24
2026
0.06
0.06
- -
- -
- -

Company Description

CEO
David B. Becker
Full Time Employees
354
Sector
Finance
Industry
Regional banks
Address
8701 East 116th Street Fishers IN United States 46038
IPO Date
Feb 22, 2013
Business
First Internet Bancorp (Nasdaq: INBK), founded in 1998 and headquartered in Fishers, Indiana, operates as the holding company for First Internet Bank, the first state-chartered, FDIC-insured all-digital bank in the United States; the Bank delivers commercial, small business, consumer, and municipal banking products and services nationwide through a fully online platform without physical branches. Core offerings encompass deposit products including noninterest-bearing and interest-bearing demand deposits, savings accounts, money market accounts, certificates of deposit, brokered deposits, and individual retirement accounts; lending solutions feature commercial real estate loans such as owner-occupied, investor, construction, and single tenant lease financing, commercial and industrial loans, franchise finance, public and healthcare finance, small business administration financing, residential mortgages, home equity lines, and other consumer loans; additional services include treasury management, corporate credit cards, and municipal securities safekeeping. First Internet Bancorp serves individual consumers, small and mid-sized businesses, and government entities across the United States with a focus on scalable digital innovation and competitive rates. In September 2025, the company agreed to sell nearly $1 billion in performing single tenant lease financing loans to Blackstone Real Estate Debt Strategies at approximately 95% of unpaid principal balance to strengthen capital position, enhance net interest margin, and optimize its earning asset base toward a 1.00% return on average assets target; the transaction, expected to close around September 18, 2025, reduces exposure to fixed-rate lower-coupon assets amid strategic balance sheet restructuring. In October 2025, First Internet Bank partnered with Parlay Finance to deploy an AI-native Loan Intelligence System for SBA lending, aiming to boost processing efficiencies by up to 50% while scaling operations; the Bank maintains assets of approximately $6.1 billion as of June 30, 2025, and projects 4-6% loan growth in Q4 2025 with net interest margin of 2.4-2.5%.

Company News

  • First Internet Bancorp to Participate in the Piper Sandler Financial Services Conference

  • First Internet Bancorp to Participate in the KBW Fintech Ecosystem Conference

  • First Internet Bancorp to Participate in the 2026 Hovde Group Financial Services Conference

  • First Internet Bancorp (INBK) Q3 2026 Earnings Call Transcript

  • First Internet Bancorp (INBK) Lags Q3 Earnings and Revenue Estimates

  • First Internet (INBK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

  • What First Internet Bancorp (INBK) Said on Its Q3 Earnings Call

  • First Internet Q3 2026 Earnings Call Transcript

  • First Internet Bancorp Reports Record Quarterly Revenue and Continued Net Interest Margin Expansion

  • First Internet Bancorp to Announce Third Quarter 2026 Financial Results on Thursday, October 29

  • Banco Bilbao Viscaya Argentaria (NYSE:BBVA) vs. First Internet Bancorp (NASDAQ:INBK) Head-To-Head Survey

  • First Internet Bancorp to Pay Cash Dividend

  • First Internet Bancorp Completes Private Placement of $20.5 Million of 8.0% Fixed-to-Floating Rate Subordinated Notes

  • First Internet Bancorp to Participate in the Oppenheimer Fintech Leaders Conference

  • System Upgrade: First Internet Bancorp Options Surge

  • First Internet Bancorp (INBK) Q2 2026 Earnings Call Transcript

  • First Internet Bancorp (INBK) Tops Q2 Earnings Estimates

  • Here's What Key Metrics Tell Us About First Internet (INBK) Q2 Earnings

  • First Internet Bancorp Reports Second Quarter 2026 Results

  • First Internet Bank Puts AI-Powered Financial Intelligence Directly in Customers' Hands