First Internet Bancorp
INBK Nasdaq· State Commercial Banks
Last close · Oct 23, 2026
$26.71
KIRA · Stoqly’s AI analyst, in plain words
- First Internet Bancorp had $116M of revenue in fiscal 2025, down 13.5% on the year before. Over five years, revenue changed +2.9% a year on average.
- First Internet Bancorp lost $35.2M in fiscal 2025.
- First Internet Bancorp returned $2.6M to shareholders in fiscal 2025, 117% of free cash flow. The diluted share count fell 0.4%.
- It earned −9.5% on shareholders’ money. Running costs took 81.6% of revenue (the efficiency ratio; lower is better).
Market cap
$236M
P/E
—
Revenue
$116M
Net income
−$35.2M
Return on equity
−9.5%
Efficiency ratio
81.6%
First Internet Bancorp in 30 seconds · fiscal 2025
Are sales growing?
−13.5%
No. Sales fell 13.5% last year.
Does it make a profit?
−30.2%
No. It lost money last year.
How lean are its costs?
81.6%
Costly. Running costs take 81.6% of revenue.
How much does it earn on its capital?
−9.5%
Low. It earns −9.5% a year on shareholders’ money.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What First Internet Bancorp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 11, 2026
- Legal name
- First Internet Bancorp
- CIK
- 0001562463
First Internet Bancorp · INBK
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $119M | $118M | $101M | $135M | $116M |
| Revenue growth | 18.4% | −0.9% | −14.6% | 33.3% | −13.5% |
| Net interest income | $86.6M | $97.1M | $74.9M | $87.4M | $114M |
| Net income | $48.1M | $35.5M | $8.4M | $25.3M | −$35.2M |
| Net margin | 40.3% | 30.0% | 8.3% | 18.8% | −30.2% |
| Diluted EPS | $4.82 | $3.70 | $0.95 | $2.88 | −$4.03 |
| Cash | |||||
| Cash from operations | $54.8M | $82.7M | $11.7M | $13.0M | $3.4M |
| Capital expenditure | $29.9M | $17.5M | $5.4M | $2.6M | $1.2M |
| Free cash flow | $24.9M | $65.2M | $6.3M | $10.4M | $2.2M |
| FCF margin | 20.9% | 55.1% | 6.2% | 7.7% | 1.9% |
| Dividends paid | $2.4M | $2.3M | $2.2M | $2.1M | $2.1M |
| Share buybacks | $4.4M | $27.8M | $9.3M | $0.3M | $0.5M |
| Share count change | 1.4% | −3.8% | −7.7% | −1.1% | −0.4% |
| Debt and strength | |||||
| Cash and short-term investments | $443M | $257M | $406M | $466M | $457M |
| Debt incl. finance leases | $515M | $615M | $615M | $295M | $250M |
| Loans, net | $2.9B | $3.5B | $3.8B | $4.1B | $3.7B |
| Deposits | $3.2B | $3.4B | $4.1B | $4.9B | $4.8B |
| Shareholders' equity | $380M | $365M | $363M | $384M | $360M |
| Returns and quality | |||||
| Return on equity | 13.5% | 9.5% | 2.3% | 6.8% | −9.5% |
| Return on tangible equity | 12.8% | 9.9% | 2.4% | 6.7% | −9.9% |
| Efficiency ratio | 51.8% | 61.9% | 78.6% | 66.9% | 81.6% |
| Piotroski F-score | 5 | 4 | 5 | 6 | 4 |
Insiders bought, 12 months
$0.2M
5 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Net income:
- Profit after all expenses, interest and tax.
- Efficiency ratio:
- Noninterest expense as a share of revenue. Lower is better for banks.
- Return on equity:
- Net income as a share of average shareholders' equity.
- Return on tangible equity:
- Net income to common over equity minus goodwill and intangibles.
- Diluted EPS:
- Net income per diluted share.
First Internet Bancorp · INBK
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Return on equity and efficiency ratio
Loans and deposits
Dividends and buybacks
Diluted EPS
KIRA
At $26.71 a share, the company is worth $236M.
Source: SEC EDGAR XBRL filings (CIK 0001562463). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.