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 NASDAQ

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 n/m YoY

Market Cap $232.2M as of Oct 26, 2026

Price / Sales 1.8x 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 0.6x 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 Oct 26, 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 2026-10-25

The bank’s earnings are highly sensitive to funding costs: revenue fell 13.5% while interest expense rose 0.9%, producing a net loss.

Accounting earnings and cash flow diverged in FY2025: the company reported a net loss of $35.2M but positive operating cash flow of $3.4M, so accounting weakness did not translate one-for-one into cash outflow. Yet operating cash flow fell 73.5% from FY2024, indicating that non-cash or timing benefits did not fully offset the earnings deterioration.

Long-term debt fell 15.4%, but liabilities still represented 93.5% of assets in FY2025. Equity also fell 6.3%, so the smaller balance sheet did not translate into a lighter overall obligation burden.

Revenue fell 13.5% while interest expense rose 0.9%, leaving less room for profit. Net margin swung from 18.8% in FY2024 to -30.2% in FY2025, showing how quickly earnings can reverse when funding costs remain elevated.

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, and the overall is the average of the dimensions that can be computed. 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 14/100 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 46/100 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 7/100 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 19/100 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, the one computable operating efficiency signal (asset turnover improving) does not pass.

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%

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

YoYn/m

QoQ-67.8%

5Y CAGR+59.5%

10Y CAGRn/m

First Internet Bancorp generated $24.3M in free cash flow in Q2 2026, representing cash available after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. 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; no long-term debt figure is on record for that period.

Dividends Per Share

$0.06

YoY0.0%

QoQ0.0%

5Y 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%

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 quarterly ROE was 0.7% in Q2 2026: one quarter's net income over shareholder equity, not annualized. 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
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%	$2.3Mn/m	-$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-K	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%
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	-$780Kn/m	-$725Kn/m	$212K-78.8%	-$12.9M-2188.7%	-$2.1M-1042.2%	-$909K-311.9%	$999Kn/m	$620Kn/m
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, SG&A 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
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-K	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%
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, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, 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%	$13.1Mn/m	-$43.6M-248.4%	$29.4M+19.2%	$24.6M-7.0%	$26.5M+142.7%	$10.9M+450.9%	$2.0M-95.2%	$41.5Mn/m	-$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%	$24.9Mn/m	-$12.5Mn/m	-$47.7M-275.7%	$27.1M+17.4%	$23.1M-0.8%	$23.3M+178.5%	$8.4M+685.4%	$1.1M-96.9%	$34.4Mn/m	-$6.0M
Investing Cash Flow	$299.2M	$128.7Mn/m	-$496.2Mn/m	-$474.5Mn/m	-$601.0M-1469.9%	$43.9Mn/m	-$44.8Mn/m	-$313.3Mn/m	-$638.7Mn/m	-$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%	$331.9Mn/m	-$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%	$4.4Mn/m	$0-100.0%	$9.8M+4429.6%	$216Kn/m	$0n/m	$0	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$24.3Mn/m	$75.5M+130.2%	$23.7Mn/m	$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	$24.3Mn/m	$75.3M+130.5%	$23.4Mn/m	$37.0Mn/m	-$90.8M-687.1%	$32.6M+1663.4%	-$6.7M-155.8%	-$270K-111.3%
Investing Cash Flow	-$64.3Mn/m	-$61.7Mn/m	-$277.9Mn/m	$703.1Mn/m	-$80.1Mn/m	-$216.4Mn/m	-$154.9Mn/m	-$147.9Mn/m
Financing Cash Flow	-$150.8M-167.9%	$131.1M+17.4%	-$76.7Mn/m	-$398.9M-186.1%	$222.1Mn/m	$111.7M-32.7%	-$85.0Mn/m	$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	$521Kn/m	$0n/m	$0n/m	$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
Liabilities-to-Equity	14.49+0.5x	13.94+0.7x	13.24+1.8x	11.45+1.4x	10.07-1.8x	11.83-0.6x	12.45+1.2x	11.27-0.1x	11.35+0.3x	11.05-0.1x	11.17+2.1x	9.03+1.2x	7.83-1.5x	9.37
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-K	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	-729.1%	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	N/A	N/A	0.69-0.1x	N/A	N/A	N/A	0.77-0.9x	N/A
Liabilities-to-Equity	14.28-0.3x	14.82+0.7x	14.49+0.5x	15.01+0.9x	14.56+1.2x	14.09+0.5x	13.94+0.7x	14.12+0.3x
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	648.0%	-270.7%	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: Net Margin, 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%	$232.2M	17/100
Chain Bridge Bancorp, Inc. CBNA	FY2025	$55.0M	$20.2M	36.8%	$334.7M	61/100
Princeton Bancorp, Inc. BPRN	FY2025	$84.3M	$18.6M	22.1%	$306.1M	40/100
FIRST NATL CORP STRASBURG VA FXNC	FY2025	$90.3M	$17.7M	19.6%	$273.1M	43/100
Eagle Financial Services Inc EFSI	FY2025	$69.5M	$8.2M	11.8%	$250.7M	32/100

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 loss of $31.4M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $35.2M, 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. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

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

First Internet Bancorp (INBK) had a liabilities-to-equity ratio of 14.49 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-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 $232.2M as of Oct 26, 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 1.8x sales, its market capitalization divided by $131.6M revenue, trailing 12 months to June 30, 2026. The market capitalization is $232.2M as of Oct 26, 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.

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 the average 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.