Saturday 17 October 2026 Export INBK’s income statement to Excel — free account

First Internet Bancorp

First Internet Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $322.9 million, down 4.82% from fiscal 2024. In the quarter to June 2026, revenue fell 1.30%, EPS grew 1,250.0%, free cash flow grew 126.7% and total debt fell 6.67%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

25.66 0.28 −1.08%

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Market cap: $226.6M
P/E: 0.0×
Fwd P/E: 11.4×
Dividend yield: 0.94%
F-score: 3/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.06

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	1	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 16.50%

Capital & Financial Ratios $m

Market Cap 226.55

Revenue 321.82

Net Income (31.43)

Free Cash Flow 159.91

Net Debt (65.84)

Current Ratio 0.88

Debt/Equity 0.95

P/E ratio 0.00

Fwd P/E 11.40

P/S ratio 0.70

P/B ratio 0.62

Past 5Y EPS Growth —

This Y EPS Growth 457.27%

Next Y EPS Growth 90.84%

Next Y revenue growth (56.45%)

Next 5Y EPS Growth 26.44%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 15.15%

10-year low 10-year high

P/B against its own 10 years 25.21%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 0.24

Annual Dividend Yield 0.94%

	total	individual payouts
2027	Powerpack
2026	0.24	0.06 0.06 0.06
2025	0.24	0.06 0.06 0.06 0.06
2024	0.24	0.06 0.06 0.06 0.06
2023	0.24	0.06 0.06 0.06 0.06
2022	0.24	0.06 0.06 0.06 0.06
2021	0.24	0.06 0.06 0.06 0.06
2020	0.24	0.06 0.06 0.06 0.06
2019	0.24	0.06 0.06 0.06 0.06
2018	0.24	0.06 0.06 0.06 0.06
2017	0.24	0.06 0.06 0.06 0.06
2016	0.24	0.06 0.06 0.06 0.06

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	406	466	457	411
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	4,256	4,675	4,284	4,243

	2023	2024	2025	Q'26
Payables	4,067	4,933	4,840	4,831
ST’ Debt	—	—	—	—
Other	—	—	—	—
	4,085	4,954	4,857	4,848

Compound Annual Growth %

	10y	5y	3y
Sales	20.13%	13.27%	21.92%
Cash Flow	(10.88%)	(23.39%)	(65.32%)
Earnings	0.00%	0.00%	0.00%
Book Value	13.18%	1.68%	(0.48%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	87	85	—	—	—
’25	87	86	60	89	323
’24	77	82	87	94	339
’23	57	64	70	74	266
’22	43	40	43	51	178
’21	42	42	41	42	167
’20	42	39	45	46	173

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	76	24	—	—	—
’25	33	(90)	37	24	3
’24	3	16	0	(6)	13
’23	6	(11)	4	12	12
’22	31	21	22	9	83
’21	31	10	1	12	55
’20	(26)	12	(21)	48	13

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	75	24	—	—	—
’25	33	(91)	37	23	2
’24	2	15	0	(7)	10
’23	3	(11)	2	12	6
’22	21	18	20	6	65
’21	25	10	(7)	4	33
’20	(31)	6	(29)	41	(12)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.29	0.27	—	—	—
’25	0.11	0.02	(4.76)	0.60	(4.03)
’24	0.59	0.67	0.80	0.83	2.88
’23	(0.33)	0.44	0.39	0.48	0.95
’22	1.14	0.99	0.89	0.68	3.70
’21	1.05	1.31	1.21	1.25	4.82
’20	0.62	0.40	0.86	1.12	2.99

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	22.01	25.48	18.78	17.56	10.47	27.33	22.01	9.68	23.05	17.05	Analyst estimates 2026–2028 Powerpack
	High	33.00	41.20	42.40	25.06	29.74	47.74	53.56	28.18	43.26	36.72
People
People	Employees	192	206	201	231	257	286	319	290	326	355
	Revenue/emp, $m	0.38	0.46	0.62	0.71	0.67	0.58	0.56	0.92	1.04	0.91
Income, $m
Income, $m	Revenue	73	95	124	164	173	167	178	266	339	323
	Gross margin, %	73.68	67.75	57.18	48.57	58.24	71.61	66.43	38.04	39.71	36.07
	EBT	18	23	24	27	34	57	40	5	28	(51)
	EBT margin, %	24.65	24.07	19.28	16.54	19.57	33.93	22.51	1.86	8.12	(15.76)
	Net income	12	15	22	25	29	48	36	8	25	(35)
	Depreciation	4	5	6	7	8	9	9	6	8	6
Per share, $
Per share, $	Revenue	14.00	13.38	13.09	16.35	17.60	16.81	18.69	30.05	39.04	36.98
	Earnings	2.32	2.14	2.31	2.51	2.99	4.85	3.73	0.95	2.91	(4.03)
	Cash flow	5.08	3.46	3.09	(4.34)	1.33	5.53	8.68	1.32	1.50	0.40
	Capex	(0.61)	(0.21)	(0.23)	(0.41)	(2.60)	(2.20)	(1.84)	(0.61)	(0.30)	(0.14)
	Free cash flow	4.47	3.25	2.86	(4.75)	(1.27)	3.33	6.84	0.71	1.20	0.25
	Book value	29.54	31.48	30.43	30.36	33.63	38.35	38.29	41.05	44.20	41.21
	Shares, m	5	7	9	10	10	10	10	9	9	9
Valuation, ×
Valuation, ×	P/E	13.74	17.35	8.74	9.45	9.58	9.68	6.62	24.73	12.37	0.00
	P/S	2.27	2.81	1.56	1.45	1.63	2.80	1.31	0.80	0.92	0.56
	P/B	1.07	1.20	0.67	0.78	0.85	1.23	0.64	0.59	0.81	0.51
	EV/Sales	4.83	7.00	4.54	3.02	2.64	3.86	3.91	1.98	0.73	0.25
	EV/FCF	15.12	28.86	20.79	(10.38)	(36.63)	19.44	10.68	83.50	23.70	36.19
Cash, $m
Cash, $m	Operating cash flow	26	25	29	(44)	13	55	83	12	13	3
	Capex	(3)	(2)	(2)	(4)	(26)	(22)	(18)	(5)	(3)	(1)
	Free cash flow	23	23	27	(48)	(12)	33	65	6	10	2
Balance, $m
Balance, $m	Working capital	(161)	91	228	133	186	155	308	171	(278)	(573)
	Total debt	227	447	559	584	595	619	719	720	400	355
	Net debt	187	399	370	257	175	176	463	314	(66)	(102)
	Shareholders’ equity	154	224	289	305	331	380	365	363	384	360
Returns, %
Returns, %	ROA	0.77	0.66	0.69	0.66	0.71	1.14	0.81	0.17	0.46	(0.62)
	ROIC	3.30	2.30	2.50	3.02	4.45	6.35	3.03	0.46	5.42	(12.33)
	ROE	9.35	8.05	8.54	8.50	9.26	13.53	9.54	2.31	6.77	(9.46)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
EFSI Eagle Financial Services Inc.	$247.6M	13.2×	12.4×	+10.87% (above 0%: growing)	−6.12% (below 0%: shrinking)	−435.67% (below 0%: shrinking)	77.54%	0.00%	Compare
PEBK Peoples Bancorp of North Carolina, Inc.	$241.2M	11.8×	11.8×	+0.90% (above 0%: growing)	+1.03% (above 0%: growing)	+10.02% (above 0%: growing)	80.61%	0.00%	Compare
CMTV Community Bancorp.	$234.3M	12.6×	—	+8.55% (above 0%: growing)	+16.67% (above 0%: growing)	+17.48% (above 0%: growing)	73.88%	0.00%	Compare
INBK First Internet Bancorp	$226.6M	— (loss-making)	11.4×	−1.30% (below 0%: shrinking)	+1,250.00% (above 0%: growing)	+126.71% (above 0%: growing)	48.20%	0.00%
OPBK OP Bancorp	$221.8M	7.6×	7.5×	+5.31% (above 0%: growing)	+28.57% (above 0%: growing)	+3.10% (above 0%: growing)	58.66%	0.00%	Compare
MRBK Meridian Bank	$219.6M	9.9×	9.5×	−3.50% (below 0%: shrinking)	−2.00% (below 0%: shrinking)	+88.96% (above 0%: growing)	64.49%	0.00%	Compare
CFBK CF Bankshares Inc.	$217.9M	11.5×	8.1×	−0.68% (below 0%: shrinking)	+18.18% (above 0%: growing)	−35.84% (below 0%: shrinking)	52.15%	0.00%	Compare
OVBC Ohio Valley Banc Corp.	$217.2M	15.3×	11.0×	+11.63% (above 0%: growing)	−30.34% (below 0%: shrinking)	−91.53% (below 0%: shrinking)	69.70%	0.00%	Compare
FCAP First Capital, Inc.	$206.0M	11.1×	— (loss-making)	+11.02% (above 0%: growing)	+26.55% (above 0%: growing)	+2.66% (above 0%: growing)	80.17%	0.00%	Compare
Median of peers	$220.7M	11.6×	10.2×	+6.93%	+8.85%	+2.88%	71.79%	0.00%

All 323 Banks Regional stocks →

First Internet Bancorp (INBK) key facts

Concern: First Internet Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $322.9 million, down 4.82% from fiscal 2024.
First Internet Bancorp (INBK) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, INBK traded at $25.66, a market capitalization of $226.6 million.
First Internet Bancorp pays an annual dividend of $0.24 per share, a yield of 0.94%.
Return on equity was −9.46% and debt-to-equity 0.95.
Its Piotroski F-score is 3 out of 9 for fiscal 2025.