What is First Internet Bancorp's earnings per share (EPS)?

First Internet Bancorp (INBK) reported diluted earnings per share of -$4.03 for fiscal year 2025. This represents a -239.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

First Internet Bancorp (INBK) Financials

INBK

Trailing 12 months to June 30, 2026

Revenue $131.6M -7.5% YoY

Net Income -$31.4M -303.3% YoY

EPS (Diluted) -$3.60 -304.5% YoY

Free Cash Flow $159.9M +345.6% YoY

Market Cap $244.5M as of Sep 11, 2026

Price / Sales 1.9x on $131.6M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 0.7x on $363.5M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 5, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the INBK SEC filings page.

First Internet Bancorp (INBK) reported $131.6M in revenue over the twelve months to Jun 30, 2026, down 7.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI INBK FY2025 2026-09-05

Funding-cost pressure, not asset growth, is the dominant mechanic behind the latest earnings reversal.

From FY2024 to FY2025, revenue fell to $116M while interest expense remained near $206M, so the earnings reversal reflects reduced income absorption of funding costs rather than a comparable balance-sheet contraction. More unusually, FY2025's net loss of -$35M coexisted with positive operating cash flow of $3M and free cash flow of $2M, indicating narrowly positive cash generation that did not validate accounting profitability.

Total assets declined from $5.7B to $5.6B, and liabilities fell from $5.4B to $5.2B; the debt-to-equity ratio improved from 0.8x to 0.7x, but equity also fell to $360M and ROE turned negative at -9.8%. Lower leverage therefore came alongside weaker capital returns, not broad balance-sheet strengthening.

Net income recovered from $8M in FY2023 to $25M in FY2024, then swung to -$35M in FY2025. That sequence, alongside the latest net margin of -30.2%, points to pronounced earnings sensitivity even while the asset base remained broadly stable.

Financial Health Signals

Financial Health Score 17/100

Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of First Internet Bancorp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings

First Internet Bancorp earned a return on assets of -0.6% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is down from 0.4% the prior year. Earnings ranks banks on that return over three years, and First Internet Bancorp scores 15/100 among other banks.

Growth

First Internet Bancorp reported revenue of $116.5M in fiscal year 2025, against $134.7M in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and First Internet Bancorp scores 48/100 among other banks.

Capital

First Internet Bancorp funded 6.5% of its assets with shareholders' equity at the end of fiscal year 2025, holding $359.8M of equity against $5.6B of assets. Capital ranks banks on that cushion, and First Internet Bancorp scores 5/100 among other banks.

Efficiency

Efficiency measures what a bank spends running itself against the revenue that spending brings in, so a lower ratio is the better one. First Internet Bancorp scores 20/100 on it among other banks.

Credit Quality

Credit Quality measures the money a bank set aside for loans it expects to go bad, against the size of the loan book it set that money aside for. First Internet Bancorp scores 6/100 on it among other banks.

Stability

First Internet Bancorp reported a net loss of $35.2M in fiscal year 2025, against $25.3M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and First Internet Bancorp scores 10/100 among other banks.

Piotroski F-Score Partial

3/7

First Internet Bancorp passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

N/A

First Internet Bancorp reported a net loss of $35.2M while generating $3.4M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

$41.1M

YoY+22.6%

QoQ-4.6%

5Y CAGR+6.1%

10Y CAGR+12.2%

First Internet Bancorp generated $41.1M in revenue in Q2 2026. This represents an increase of 22.6% from the same quarter a year earlier. Against the prior quarter it is down 4.6%.

Net Income

$2.4M

YoY+1126.4%

QoQ-5.7%

5Y CAGR-29.0%

10Y CAGR-1.8%

First Internet Bancorp reported $2.4M in net income in Q2 2026. This represents an increase of 1126.4% from the same quarter a year earlier. Against the prior quarter it is down 5.7%.

EPS (Diluted)

$0.27

YoY+1250.0%

QoQ-6.9%

5Y CAGR-27.1%

10Y CAGR-7.2%

First Internet Bancorp earned $0.27 per diluted share (EPS) in Q2 2026. This represents an increase of 1250.0% from the same quarter a year earlier. Against the prior quarter it is down 6.9%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$24.3M

YoY+126.7%

QoQ-67.8%

5Y CAGR+59.5%

First Internet Bancorp generated $24.3M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 126.7% from the same quarter a year earlier. Against the prior quarter it is down 67.8%.

Cash & Debt

$411.0M

YoY-7.9%

QoQ-31.7%

5Y CAGR+4.6%

10Y CAGR+19.4%

First Internet Bancorp held $411.0M in cash as of Q2 2026; long-term debt is not reported for that period.

Dividends Per Share

$0.06

YoY0.0%

QoQ0.0%

5Y CAGR0.0%

10Y CAGR0.0%

First Internet Bancorp paid $0.06 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

YoY+0.2%

QoQ+0.2%

5Y CAGR-2.4%

10Y CAGR+4.7%

First Internet Bancorp had 9M shares outstanding in Q2 2026. This represents an increase of 0.2% from the same quarter a year earlier. Against the prior quarter it is up 0.2%.

Margins & Returns

Net Margin

5.8%

YoY+5.2pp

QoQ-0.1pp

5Y change-37.1pp

10Y change-15.9pp

First Internet Bancorp's net profit margin was 5.8% in Q2 2026, showing the share of revenue converted to profit. This is up 5.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.1 percentage points.

Return on Equity

0.7%

YoY+0.6pp

QoQ-0.1pp

5Y change-3.0pp

10Y change-1.4pp

First Internet Bancorp's ROE was 0.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.1 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$21K

YoY-96.8%

QoQ-93.0%

5Y CAGR-69.5%

10Y CAGR-34.2%

First Internet Bancorp invested $21K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 96.8% from the same quarter a year earlier. Against the prior quarter it is down 93.0%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

INBK Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

INBK quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$131.6M	$116.5M-13.5%	$134.7M+33.3%	$101.0M-14.6%	$118.3M-0.9%	$119.4M+18.4%	$100.9M+26.5%	$79.8M+12.3%	$71.0M+10.1%	$64.5M+20.0%	$53.8M+31.5%	$40.9M+38.8%	$29.5M+9.3%	$27.0M-1.1%	$27.3M
SG&A Expenses	$53.9M	$51.0M-1.4%	$51.8M+14.2%	$45.3M+9.1%	$41.6M+8.7%	$38.2M+11.7%	$34.2M+26.7%	$27.0M+16.6%	$23.2M+9.5%	$21.2M+21.7%	$17.4M+21.8%	$14.3M+15.6%	$12.3M+20.5%	$10.3M+20.2%	$8.5M
Interest Expense	$190.2M	$206.4M+0.9%	$204.5M+24.3%	$164.5M+175.1%	$59.8M+26.4%	$47.3M-34.6%	$72.3M-14.4%	$84.4M+58.7%	$53.2M+73.2%	$30.7M+59.9%	$19.2M+79.6%	$10.7M+19.8%	$8.9M+10.4%	$8.1M-5.2%	$8.5M
Income Tax	-$14.2M	-$15.7M-792.9%	$2.3M+165.2%	-$3.5M-176.3%	$4.6M-46.1%	$8.5M+90.3%	$4.4M+131.9%	$1.9M-6.6%	$2.1M-73.4%	$7.7M+30.3%	$5.9M+24.8%	$4.7M+122.8%	$2.1M+35.8%	$1.6M-28.6%	$2.2M
Net Income	-$31.4M	-$35.2M-239.1%	$25.3M+200.3%	$8.4M-76.3%	$35.5M-26.1%	$48.1M+63.4%	$29.5M+16.7%	$25.2M+15.2%	$21.9M+43.8%	$15.2M+26.1%	$12.1M+35.2%	$8.9M+106.5%	$4.3M-5.9%	$4.6M-18.1%	$5.6M
EPS (Basic)	N/A	-$4.03-238.5%	$2.91+206.3%	$0.95-74.5%	$3.73-23.1%	$4.85+62.2%	$2.99+19.1%	$2.51+8.7%	$2.31+7.9%	$2.14-7.8%	$2.32+17.8%	$1.97+105.2%	$0.96-36.4%	$1.51-22.6%	$1.95
EPS (Diluted)	-$3.60	-$4.03-239.9%	$2.88+203.2%	$0.95-74.3%	$3.70-23.2%	$4.82+61.2%	$2.99+19.1%	$2.51+9.1%	$2.30+8.0%	$2.13-7.4%	$2.30+17.3%	$1.96+104.2%	$0.96-36.4%	$1.51-22.6%	$1.95
Diluted Shares (Avg)	N/A	9M-0.4%	9M-1.1%	9M-7.7%	10M-3.8%	10M+1.4%	10M-2.0%	10M+5.6%	10M+33.0%	7M+36.5%	5M+15.0%	5M+1.0%	5M+47.8%	3M+6.3%	3M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$41.1M+22.6%	$43.1M+21.4%	$41.7M+5.6%	$5.7M-83.1%	$33.5M+3.7%	$35.5M+22.2%	$39.5M+45.1%	$33.8M+36.3%
SG&A Expenses	$13.6M+24.9%	$13.2M+1.0%	$12.7M-9.8%	$14.4M+6.9%	$10.9M-12.8%	$13.1M+11.1%	$14.0M+27.0%	$13.5M+14.4%
Interest Expense	$44.2M-16.4%	$44.2M-14.5%	$47.7M-12.0%	$54.0M+1.5%	$52.9M+6.6%	$51.7M+9.1%	$54.2M+16.7%	$53.2M+16.6%
Income Tax	-$780K+62.0%	-$725K+20.2%	$212K-78.8%	-$12.9M-2188.7%	-$2.1M-1042.2%	-$909K-311.9%	$999K+270.8%	$620K+290.2%
Net Income	$2.4M+1126.4%	$2.5M+166.1%	$5.3M-27.8%	-$41.6M-695.0%	$193K-96.7%	$943K-81.8%	$7.3M+76.9%	$7.0M+105.0%
EPS (Basic)	$0.27+1250.0%	$0.29+163.6%	$0.60-28.6%	-$4.76-695.0%	$0.02-97.0%	$0.11-81.7%	$0.84+78.7%	$0.80+105.1%
EPS (Diluted)	$0.27+1250.0%	$0.29+163.6%	$0.60-27.7%	-$4.76-695.0%	$0.02-97.0%	$0.11-81.4%	$0.83+76.6%	$0.80+105.1%
Diluted Shares (Avg)	9M+0.7%	9M-0.1%	N/A	9M-0.3%	9M+1.2%	9M+0.4%	N/A	9M0.0%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

INBK Balance Sheet

INBK quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$5.6B-2.9%	$5.7B+11.0%	$5.2B+13.7%	$4.5B+7.9%	$4.2B-0.8%	$4.2B+3.6%	$4.1B+15.8%	$3.5B+28.0%	$2.8B+49.3%	$1.9B+46.0%	$1.3B+30.8%	$970.5M+21.0%	$802.3M+26.1%	$636.4M
Cash & Equivalents	$456.8M-2.1%	$466.4M+14.9%	$405.9M+58.2%	$256.6M-42.1%	$443.0M+5.5%	$419.8M+28.2%	$327.4M+73.5%	$188.7M+293.3%	$48.0M+21.6%	$39.5M+56.9%	$25.2M-11.1%	$28.3M-47.3%	$53.7M+65.1%	$32.5M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M
Total Liabilities	$5.2B-2.7%	$5.4B+11.4%	$4.8B+15.0%	$4.2B+9.1%	$3.8B-2.2%	$3.9B+3.2%	$3.8B+16.7%	$3.3B+27.9%	$2.5B+49.6%	$1.7B+45.9%	$1.2B+33.4%	$873.7M+22.8%	$711.4M+23.7%	$575.0M
Long-Term Debt	$249.5M-15.4%	$295.0M-52.0%	$614.9M0.0%	$614.9M+19.4%	$514.9M0.0%	$514.9M0.0%	$514.9M-2.0%	$525.2M+28.0%	$410.2M+115.9%	$190.0M-0.5%	$191.0M+78.6%	$106.9M+236.2%	$31.8M-21.9%	$40.7M
Total Equity	$359.8M-6.3%	$384.1M+5.9%	$362.8M-0.6%	$365.0M-4.0%	$380.3M+14.9%	$330.9M+8.5%	$304.9M+5.6%	$288.7M+28.8%	$224.1M+45.6%	$153.9M+47.6%	$104.3M+7.8%	$96.8M+6.5%	$90.9M+48.2%	$61.4M
Retained Earnings	$193.3M-16.2%	$230.6M+11.2%	$207.5M+0.9%	$205.7M+19.3%	$172.4M+36.1%	$126.7M+27.1%	$99.7M+28.3%	$77.7M+36.1%	$57.1M+30.7%	$43.7M+32.5%	$33.0M+31.2%	$25.1M+14.8%	$21.9M+21.5%	$18.0M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$5.6B-8.5%	$5.7B-2.4%	$5.6B-2.9%	$5.6B-3.2%	$6.1B+13.6%	$5.9B+9.6%	$5.7B+11.0%	$5.8B+12.7%
Cash & Equivalents	$411.0M-7.9%	$601.8M+52.6%	$456.8M-2.1%	$787.7M+10.6%	$446.4M+12.5%	$394.5M-18.0%	$466.4M+14.9%	$712.5M+36.7%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%
Total Liabilities	$5.2B-8.6%	$5.4B-2.1%	$5.2B-2.7%	$5.3B-2.8%	$5.7B+14.3%	$5.5B+9.9%	$5.4B+11.4%	$5.4B+12.8%
Long-Term Debt	N/A	N/A	$249.5M-15.4%	N/A	N/A	N/A	$295.0M-52.0%	N/A
Total Equity	$363.5M-6.8%	$361.0M-6.9%	$359.8M-6.3%	$352.2M-8.6%	$390.2M+4.9%	$387.7M+5.7%	$384.1M+5.9%	$385.1M+10.8%
Retained Earnings	$197.1M-14.6%	$195.3M-15.5%	$193.3M-16.2%	$188.6M-15.8%	$230.7M+6.1%	$231.0M+8.9%	$230.6M+11.2%	$223.8M+9.8%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities.

INBK Cash Flow Statement

INBK quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	$160.6M	$3.4M-73.5%	$13.0M+11.2%	$11.7M-85.9%	$82.7M+50.8%	$54.8M+319.7%	$13.1M+130.0%	-$43.6M-248.4%	$29.4M+19.2%	$24.6M-7.0%	$26.5M+142.7%	$10.9M+450.9%	$2.0M-95.2%	$41.5M+831.0%	-$5.7M
Depreciation & Amortization	N/A	$6.2M-26.8%	$8.5M+47.2%	$5.7M-34.2%	$8.7M-0.5%	$8.8M+12.1%	$7.8M+13.1%	$6.9M+22.2%	$5.7M+6.9%	$5.3M+39.5%	$3.8M+95.6%	$1.9M+2.0%	$1.9M-15.6%	$2.3M-21.1%	$2.9M
Stock-Based Compensation	N/A	$1.2M-32.7%	$1.8M+44.2%	$1.3M-38.2%	$2.0M-15.0%	$2.4M+13.4%	$2.1M+25.6%	$1.7M+5.3%	$1.6M+53.8%	$1.0M+41.0%	$736K-3.4%	$762K+50.3%	$507K-1.4%	$514K+154.5%	$202K
Capital Expenditures	$714K	$1.2M-52.6%	$2.6M-51.7%	$5.4M-69.4%	$17.5M-41.4%	$29.9M+17.0%	$25.6M+522.6%	$4.1M+85.0%	$2.2M+46.3%	$1.5M-52.2%	$3.2M+24.8%	$2.5M+177.9%	$915K-87.3%	$7.2M+2225.9%	$309K
Free Cash Flow	$159.9M	$2.2M-78.6%	$10.4M+64.7%	$6.3M-90.3%	$65.2M+161.4%	$24.9M+299.7%	-$12.5M+73.8%	-$47.7M-275.7%	$27.1M+17.4%	$23.1M-0.8%	$23.3M+178.5%	$8.4M+685.4%	$1.1M-96.9%	$34.4M+673.3%	-$6.0M
Investing Cash Flow	$299.2M	$128.7M+125.9%	-$496.2M-4.6%	-$474.5M+21.1%	-$601.0M-1469.9%	$43.9M+197.9%	-$44.8M+85.7%	-$313.3M+51.0%	-$638.7M+29.7%	-$908.2M	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	-$495.2M	-$141.8M-126.1%	$543.7M-11.2%	$612.2M+84.4%	$331.9M+539.3%	-$75.6M-160.8%	$124.2M-74.9%	$495.5M-33.9%	$750.1M-15.9%	$892.1M	N/A	N/A	N/A	N/A	N/A
Dividends Paid	$2.1M	$2.1M+0.4%	$2.1M-3.6%	$2.2M-6.9%	$2.3M-4.1%	$2.4M+2.8%	$2.3M-2.9%	$2.4M+8.4%	$2.2M+33.1%	$1.7M+39.7%	$1.2M+9.7%	$1.1M+1.2%	$1.1M+140.0%	$450K-6.1%	$479K
Share Buybacks	N/A	$521K+84.1%	$283K-97.0%	$9.3M-66.4%	$27.8M+526.2%	$4.4M	$0-100.0%	$9.8M+4429.6%	$216K	$0	$0	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$24.3M+126.9%	$75.5M+130.2%	$23.7M+485.4%	$37.1M+11100.3%	-$90.2M-662.7%	$32.8M+1076.1%	-$6.2M-150.0%	$331K-92.2%
Depreciation & Amortization	$2.0M+5.8%	$2.7M+153.3%	$962K-60.4%	$2.2M+2.9%	$1.9M-3.4%	$1.1M-42.7%	$2.4M-11.0%	$2.2M+2062.4%
Stock-Based Compensation	N/A	$561K+56000.0%	N/A	N/A	N/A	$1K-99.8%	N/A	N/A
Capital Expenditures	$21K-96.8%	$299K+62.5%	$288K-41.8%	$106K-82.4%	$650K+16.9%	$184K-80.4%	$495K+24.7%	$601K-67.3%
Free Cash Flow	$24.3M+126.7%	$75.3M+130.5%	$23.4M+452.4%	$37.0M+13791.5%	-$90.8M-687.1%	$32.6M+1663.4%	-$6.7M-155.8%	-$270K-111.3%
Investing Cash Flow	-$64.3M+19.7%	-$61.7M+71.5%	-$277.9M-79.4%	$703.1M+575.4%	-$80.1M+20.0%	-$216.4M-132.1%	-$154.9M-41.1%	-$147.9M+15.8%
Financing Cash Flow	-$150.8M-167.9%	$131.1M+17.4%	-$76.7M+9.8%	-$398.9M-186.1%	$222.1M+58709.8%	$111.7M-32.7%	-$85.0M-376.3%	$463.3M+104.0%
Dividends Paid	$523K-2.1%	$521K+0.2%	$516K+3.6%	$517K-2.6%	$534K+0.8%	$520K+0.2%	$498K-6.6%	$531K-0.2%
Share Buybacks	N/A	N/A	$521K	$0	$0	$0-100.0%	$0-100.0%	$0-100.0%

INBK Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

INBK quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Net Margin	-30.2%-48.9pp	18.8%+10.4pp	8.3%-21.7pp	30.0%-10.3pp	40.3%+11.1pp	29.2%-2.5pp	31.6%+0.8pp	30.8%+7.2pp	23.6%+1.1pp	22.5%+0.6pp	21.8%+7.1pp	14.7%-2.3pp	17.0%-3.5pp	20.6%
Return on Equity	-9.8%-16.4pp	6.6%+4.3pp	2.3%-7.4pp	9.7%-2.9pp	12.7%+3.8pp	8.9%+0.6pp	8.3%+0.7pp	7.6%+0.8pp	6.8%-1.0pp	7.8%-0.7pp	8.6%+4.1pp	4.5%-0.6pp	5.1%-4.1pp	9.1%
Return on Assets	-0.6%-1.1pp	0.4%+0.3pp	0.2%-0.6pp	0.8%-0.4pp	1.1%+0.5pp	0.7%+0.1pp	0.6%0.0pp	0.6%+0.1pp	0.5%-0.1pp	0.7%-0.1pp	0.7%+0.3pp	0.4%-0.1pp	0.6%-0.3pp	0.9%
Debt-to-Equity	0.69-0.1x	0.77-0.9x	1.700.0x	1.68+0.3x	1.35-0.2x	1.56-0.1x	1.69-0.1x	1.820.0x	1.83+0.6x	1.23-0.6x	1.83+0.7x	1.10+0.8x	0.35-0.3x	0.66
Asset Turnover	0.020.0x	0.020.0x	0.020.0x	0.030.0x	0.030.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.030.0x	0.030.0x	0.030.0x	0.030.0x	0.04
FCF Margin	1.9%-5.8pp	7.7%+1.5pp	6.3%-48.9pp	55.1%+34.2pp	20.9%+33.3pp	-12.4%+47.4pp	-59.8%-98.0pp	38.2%+2.4pp	35.8%-7.5pp	43.3%+22.9pp	20.5%+16.9pp	3.6%	127.4%	-22.0%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	5.8%+5.2pp	5.8%+3.2pp	12.7%-5.9pp	-49.3%-70.0pp	0.6%-17.3pp	2.6%-15.2pp	18.6%+3.3pp	20.7%+6.9pp
Return on Equity	0.7%+0.6pp	0.7%+0.5pp	1.5%-0.4pp	-11.8%-13.6pp	0.1%-1.5pp	0.2%-1.2pp	1.9%+0.8pp	1.8%+0.8pp
Return on Assets	0.0%0.0pp	0.0%0.0pp	0.1%0.0pp	-0.7%-0.9pp	0.0%-0.1pp	0.0%-0.1pp	0.1%0.0pp	0.1%0.0pp
Debt-to-Equity	14.28-0.3x	14.82+0.7x	0.69-0.1x	15.01+0.9x	14.56+1.2x	14.09+0.5x	0.77-0.9x	14.12+12.4x
Asset Turnover	0.010.0x	0.010.0x	0.010.0x	0.000.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x
FCF Margin	59.0%	174.5%	56.2%+73.0pp	43.8%+44.6pp	-112.3%	91.9%+85.5pp	-16.8%-60.6pp	-0.8%-10.4pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
First Internet Bancorp INBK	FY2025	$116.5M	-$35.2M	-30.2%	$244.5M	17/100
Chain Bridge Bancorp CBNA	FY2025	$55.0M	$20.2M	36.8%	$306.2M	61/100
Princeton Bancorp, Inc. BPRN	FY2025	$84.3M	$18.6M	22.1%	$297.0M	40/100
First Natl Corp FXNC	FY2025	$90.3M	$17.7M	19.6%	$279.5M	42/100
Blue Foundry Ban BLFY	FY2025	$49.1M	-$10.0M	-20.4%	$274.9M	26/100
Eagle Finl Svcs Inc EFSI	FY2025	$69.5M	$8.2M	11.8%	$247.1M	27/100

Where First Internet Bancorp Ranks

Frequently Asked Questions

What is First Internet Bancorp's annual revenue?

First Internet Bancorp (INBK) reported $116.5M in total revenue for fiscal year 2025. This represents a -13.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is First Internet Bancorp's revenue growing?

First Internet Bancorp (INBK) revenue declined by 13.5% year-over-year, from $134.7M to $116.5M in fiscal year 2025.

Is First Internet Bancorp profitable?

No, First Internet Bancorp (INBK) reported a net income of -$35.2M in fiscal year 2025, with a net profit margin of -30.2%.

How much debt does First Internet Bancorp have?

As of fiscal year 2025, First Internet Bancorp (INBK) had $456.8M in cash and equivalents against $249.5M in long-term debt.

What is First Internet Bancorp's net profit margin?

First Internet Bancorp (INBK) had a net profit margin of -30.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does First Internet Bancorp pay dividends?

Yes, First Internet Bancorp (INBK) paid $0.24 per share in dividends during fiscal year 2025.

What is First Internet Bancorp's return on equity (ROE)?

First Internet Bancorp (INBK) has a return on equity of -9.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is First Internet Bancorp's free cash flow?

First Internet Bancorp (INBK) generated $2.2M in free cash flow during fiscal year 2025. This represents a -78.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is First Internet Bancorp's operating cash flow?

First Internet Bancorp (INBK) generated $3.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are First Internet Bancorp's total assets?

First Internet Bancorp (INBK) had $5.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are First Internet Bancorp's capital expenditures?

First Internet Bancorp (INBK) invested $1.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does First Internet Bancorp buy back shares?

Yes, First Internet Bancorp (INBK) spent $521K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does First Internet Bancorp have outstanding?

First Internet Bancorp (INBK) had 9M shares outstanding as of fiscal year 2025.

What is First Internet Bancorp's debt-to-equity ratio?

First Internet Bancorp (INBK) had a debt-to-equity ratio of 0.69 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is First Internet Bancorp's return on assets (ROA)?

First Internet Bancorp (INBK) had a return on assets of -0.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is First Internet Bancorp's P/E ratio?

First Internet Bancorp (INBK) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $244.5M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is First Internet Bancorp's price-to-sales ratio?

First Internet Bancorp (INBK) trades at 1.9x sales, its market capitalization divided by revenue of $131.6M revenue, trailing 12 months to June 30, 2026. The market capitalization is $244.5M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is First Internet Bancorp's Piotroski F-Score?

First Internet Bancorp (INBK) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are First Internet Bancorp's earnings high quality?

First Internet Bancorp (INBK) reported a net loss of $35.2M while generating $3.4M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is First Internet Bancorp?

First Internet Bancorp (INBK) scores 17 out of 100 on our Financial Health Score, indicating weak standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.