INBK
First Internet Bancorp
NASDAQ · Financial Services · Banks - Regional · US
$29.75
+3.98%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 320.0M | 322.9M | 333.4M | 259.9M | 173.7M |
| Cost of Revenue | 266.7M | 278.7M | 221.7M | 181.2M | 64.8M |
| Gross Profit | 53.3M | 44.2M | 111.7M | 78.6M | 108.9M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 36.6M | 64.7M | 6.3M | 51.8M | 46.3M |
| General & Admin Expense | 34.8M | 64.7M | 3.7M | 49.2M | 42.7M |
| Selling & Marketing Expense | 1.8M | — | 2.6M | 2.6M | 3.6M |
| Other Expenses | 62.4M | 30.3M | 77.8M | 21.9M | 22.6M |
| Total Operating Expenses | 99.0M | 95.0M | 84.2M | 73.7M | 68.8M |
| Cost and Expenses | 365.6M | 373.7M | 305.9M | 254.9M | 133.6M |
| Operating Income (EBIT) | (45.7M) | (50.9M) | 27.5M | 4.9M | 40.1M |
| Non-Operating | |||||
| Interest Income | 314.9M | 320.2M | 291.9M | 239.4M | 156.9M |
| Interest Expense | 190.2M | 206.4M | 204.5M | 164.5M | 59.8M |
| Net Interest Income | 124.7M | 113.8M | 87.4M | 74.9M | 97.1M |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | (45.7M) | (50.9M) | 27.5M | 4.9M | 40.1M |
| Income Tax Expense | (14.2M) | (15.7M) | 2.3M | (3.5M) | 4.6M |
| Bottom Line | |||||
| Net Income | (31.4M) | (35.2M) | 25.3M | 8.4M | 35.5M |
| Earnings from Cont. Ops | (31.4M) | (35.2M) | 25.3M | 8.4M | 35.5M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (31.4M) | (35.2M) | 25.3M | 8.4M | 35.5M |
| Per Share | |||||
| Basic EPS | ($3.59) | ($4.03) | $2.91 | $0.95 | $3.73 |
| Diluted EPS | ($3.60) | ($4.03) | $2.88 | $0.95 | $3.70 |
| Revenue Per Share | $36.66 | $36.98 | $38.37 | $29.40 | $18.23 |
| Shares | |||||
| Basic Shares Outstanding | 8.7M | 8.7M | 8.7M | 8.8M | 9.5M |
| Diluted Shares Outstanding | 8.8M | 8.7M | 8.8M | 8.9M | 9.6M |
| Profitability Metrics | |||||
| EBITDA | (37.7M) | (44.7M) | 36.0M | 10.7M | 48.8M |
| D&A | 7.9M | 6.2M | 8.5M | 5.7M | 8.7M |
| EBIT | (45.7M) | (50.9M) | 27.5M | 4.9M | 40.1M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026