First Internet Bancorp (INBK)
Nasdaq Market Closed
First Internet Bancorp is the holding company for First Internet Bank, a branchless banking institution that delivers its services primarily through digital channels. The company is headquartered in Indiana and operates with an online-first model, using internet and mobile banking rather than a traditional branch network. This structure allows it to serve customers across a broader geographic footprint while focusing on technology-enabled banking products.
The bank’s core business is commercial banking. It provides commercial real estate lending, including single-tenant lease financing, as well as commercial and industrial loans for businesses. Its offering also includes business banking services, treasury management, deposit products, and lending solutions designed for companies, entrepreneurs, and property investors. Although commercial banking is the main operating segment, First Internet Bancorp also serves retail customers with consumer deposits, personal banking tools, and other online financial services.
First Internet Bancorp stands out for its early and continuing commitment to a branchless banking model. Its performance depends on factors common to regional and commercial banks, including loan demand, credit quality, deposit costs, interest rate trends, and the health of the commercial property market. By combining nationwide lending capabilities with a digital delivery platform, the company competes with both traditional community banks and newer financial technology firms that target customers seeking convenient, remote access to banking services.
Last updated
- Market Cap
- $256,792,863
- P/E
- —
- P/FCF
- 5.73
- P/S
- 0.8
- Enterprise Value
- $591,310,863
- Sector
- Financials
- Industry
- State Commercial Banks
- Address
- 8701 E. 116TH STREET, FISHERS, IN, 46038
No recent news is linked to this listing.
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- $256,792,863
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- $591,310,863
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 0.71
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 0.8
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -12.04
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 1.83
- EPS
- -3.85
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0.81%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- 5.73
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- 5.56
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- $44,831,000
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -9.31%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -0.59%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0.96
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 7.01
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 7.01
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.04
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- $46,248
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 29.46
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Revenue | 87.33M | 89.43M | 59.74M | 86.44M | 87.26M |
| Cost of revenue | 44.21M | 47.73M | 54.04M | 52.9M | 51.73M |
| Gross profit | 43.12M | 41.7M | 5.71M | 33.55M | 35.52M |
| Operating income | 1.78M | 5.5M | -54.54M | -1.86M | 34K |
| EBITDA | 1.78M | 5.5M | -54.54M | -1.86M | 34K |
| Net income | 2.51M | 5.29M | -41.59M | 193K | 943K |
| Income taxes | -725K | 213K | -12.95M | -2.05M | -909K |
| Other operating expenses | 5.65M | 5.3M | 5.39M | 5.36M | 4.82M |
| Total operating expenses | 25.03M | 24.21M | 25.46M | 21.8M | 23.56M |
| Basic EPS | 0.29 | 0.6 | -4.76 | 0.02 | 0.11 |
| Diluted EPS | 0.29 | 0.6 | -4.76 | 0.02 | 0.11 |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Total assets | 5.71B | 5.57B | 5.64B | 6.07B | 5.85B |
| Total liabilities | 5.35B | 5.21B | 5.29B | 5.68B | 5.46B |
| Total equity | 360.95M | 359.77M | 352.17M | 390.24M | 387.75M |
| Cash & equivalents | 10.53M | 6.15M | 10.92M | 9.26M | 6.34M |
| Current assets | 1.68B | 1.51B | 1.7B | 1.39B | 1.38B |
| Current liabilities | 239.5M | 249.5M | 249.5M | 264.5M | 0 |
| Goodwill | 4.69M | 4.69M | 4.69M | 4.69M | 4.69M |
| Long-term debt | 105.55M | 105.47M | 105.39M | 105.31M | 500.23M |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Operating cash flow | 75.55M | 23.72M | 37.07M | -90.17M | 32.83M |
| Investing cash flow | -61.65M | -277.93M | 703.11M | -80.05M | -216.45M |
| Financing cash flow | 131.13M | -76.67M | -398.89M | 222.13M | 111.67M |
| Change in cash | 145.03M | -330.88M | 341.3M | 51.91M | -71.96M |
| Net income | 2.51M | 5.29M | -41.59M | 193K | 943K |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 8-K — First Internet Bancorp | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — First Internet Bancorp | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — First Internet Bancorp | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| form 4 | Form 4 — Christian Justin P. | View Filing | |
| form 4 | Form 4 — Christian Justin P. | View Filing | |
| form 4 | Form 4 — Fenech Joseph A. | View Filing | |
| form 4 | Form 4 — Fenech Joseph A. | View Filing | |
| form 4 | Form 4 — Raines Michele L. | View Filing | |
| form 4 | Form 4 — WOJTOWICZ JEAN L | View Filing | |
| form 4 | Form 4 — Dee Ann C. | View Filing | |
| form 4 | Form 4 — KEACH JOHN K JR | View Filing | |
| form 4 | Form 4 — Bade Aasif M. | View Filing | |
| form 4 | Form 4 — Bade Aasif M. | View Filing | |
| edgar index | 10-Q — First Internet Bancorp | View Filing | |
| edgar index | 8-K — First Internet Bancorp | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13D — First Internet Bancorp | View Filing | |
| edgar index | DEF 14A — First Internet Bancorp | View Filing | |
| edgar index | DEFA14A — First Internet Bancorp | View Filing | |
| edgar index | SCHEDULE 13G/A — First Internet Bancorp | View Filing | |
| edgar index | 8-K — First Internet Bancorp | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 10-K — First Internet Bancorp | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| form 4 | Form 4 — Fenech Joseph A. | View Filing | |
| form 4 | Form 4 — Fenech Joseph A. | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| form 4 | Form 4 — Lovik Kenneth J. | View Filing | |
| edgar index | SCHEDULE 13G — First Internet Bancorp | View Filing | |
| edgar index | 8-K — First Internet Bancorp | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13G/A — First Internet Bancorp | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| form 4 | Form 4 — BECKER DAVID B | View Filing | |
| form 4 | Form 4 — Lorch Nicole S. | View Filing | |
| form 4 | Form 4 — Lovik Kenneth J. | View Filing | |
| edgar index | 8-K — First Internet Bancorp | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| form 4 | Form 4 — Lorch Nicole S. | View Filing | |
| edgar index | 10-Q — First Internet Bancorp | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| edgar index | 4 — First Internet Bancorp | View Filing | |
| form 4 | Form 4 — Dee Ann C. | View Filing | |
| form 4 | Form 4 — BECKER DAVID B | View Filing | |
| form 4 | Form 4 — KEACH JOHN K JR | View Filing | |
| edgar index | 8-K — First Internet Bancorp | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — First Internet Bancorp | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — First Internet Bancorp | View Filing | |
| edgar index | 8-K — First Internet Bancorp | View Filing | |
| edgar index | 10-Q — First Internet Bancorp | View Filing | |
| edgar index | SCHEDULE 13G/A — First Internet Bancorp | View Filing | |
| edgar index | 8-K — First Internet Bancorp | View Filing | |
| edgar index | 8-K — First Internet Bancorp | View Filing | |
| edgar index | 8-K — First Internet Bancorp | View Filing | |
| edgar index | S-8 POS — First Internet Bancorp | View Filing |