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First Internet Bancorp $INBK

Financials

Russell 2000 Indiana
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$26.79
+0.90 (+3.48%)
As of Oct 22, 2026, 9:33 PM EDT
Price history
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First Internet Bancorp (INBK) is trading up at $26.79 (+3.48%), as of the latest quote. It is a Russell 2000 constituent in the Financials sector.

First Internet Bancorp revenue & net income history (FY2016–FY2025)

RevenueNet incomeNet margin (right axis, %)
$134.7M$49.8M−$35.2MFY2016 revenue: $53.8MFY2016 net income: $12.1M · Net margin 22.5%'16FY2017 revenue: $64.5MFY2017 net income: $15.2M · Net margin 23.6%'17FY2018 revenue: $71.0MFY2018 net income: $21.9M · Net margin 30.8%'18FY2019 revenue: $79.8MFY2019 net income: $25.2M · Net margin 31.6%'19FY2020 revenue: $100.9MFY2020 net income: $29.5M · Net margin 29.2%'20FY2021 revenue: $119.4MFY2021 net income: $48.1M · Net margin 40.3%'21FY2022 revenue: $118.3MFY2022 net income: $35.5M · Net margin 30.0%'22FY2023 revenue: $101.0MFY2023 net income: $8.42M · Net margin 8.3%'23FY2024 revenue: $134.7MFY2024 net income: $25.3M · Net margin 18.8%'24FY2025 revenue: $116.5MFY2025 net income: −$35.2M · Net margin −30.2%'25−25%0%25%50%75%100%FY2016 net margin: 22.5%FY2017 net margin: 23.6%FY2018 net margin: 30.8%FY2019 net margin: 31.6%FY2020 net margin: 29.2%FY2021 net margin: 40.3%FY2022 net margin: 30.0%FY2023 net margin: 8.3%FY2024 net margin: 18.8%FY2025 net margin: −30.2% (off the scale, which stops at −26.1%)
First Internet Bancorp annual financial statements
FY2016Dec 2016FY2017Dec 2017FY2018Dec 2018FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
Revenue$53.8M$64.5M$71.0M$79.8M$100.9M$119.4M$118.3M$101.0M$134.7M$116.5M
Growth (year over year)+31.5%+20.0%+10.1%+12.3%+26.5%+18.4%−0.9%−14.6%+33.3%−13.5%
Net income$12.1M$15.2M$21.9M$25.2M$29.5M$48.1M$35.5M$8.42M$25.3M−$35.2M
Net margin22.5%23.6%30.8%31.6%29.2%40.3%30.0%8.3%18.8%−30.2%
EPS (diluted)$2.30$2.13$2.30$2.51$2.99$4.82$3.70$0.95$2.88−$4.03
Balance sheet
Cash and equivalents$39.5M$48.0M$188.7M$327.4M$419.8M$443.0M$256.6M$405.9M$466.4M$456.8M
Total assets$1.85B$2.77B$3.54B$4.10B$4.25B$4.21B$4.54B$5.17B$5.74B$5.57B
Total liabilities$1.70B$2.54B$3.25B$3.80B$3.92B$3.83B$4.18B$4.80B$5.35B$5.21B
Long-term debt$190.0M$410.2M$525.2M$514.9M$514.9M$514.9M$614.9M$614.9M$295.0M$249.5M
Shareholders' equity$153.9M$224.1M$288.7M$304.9M$330.9M$380.3M$365.0M$362.8M$384.1M$359.8M
Cash flow
Operating cash flow$26.5M$24.6M$29.4M−$43.6M$13.1M$54.8M$82.7M$11.7M$13.0M$3.45M
Capital expenditure$3.17M$1.52M$2.22M$4.11M$25.6M$29.9M$17.5M$5.37M$2.59M$1.23M
Free cash flow$23.3M$23.1M$27.1M−$47.7M−$12.5M$24.9M$65.2M$6.31M$10.4M$2.22M
Dividends paid$1.20M$1.68M$2.23M$2.42M$2.35M$2.42M$2.32M$2.16M$2.08M$2.09M
Share buybacks$0$0$216.0K$9.78M$0$4.44M$27.8M$9.34M$283.0K$521.0K

From First Internet Bancorp's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About First Internet Bancorp

First Internet Bank of Indiana (First IB) is the sole subsidiary of First Internet Bancorp, an American bank holding company headquartered in Fishers, Indiana. It was established as one of the first state-chartered banks to operate exclusively online and via telephone, without any physical branches.

Source: Wikipedia — First Internet Bank

Headquarters
Fishers, Indiana From SEC filings, Oct 2026

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