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INBKFirst Internet Bancorp
$27.17$237M
Overview & Verdict
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INBK logoFirst Internet Bancorp(INBK)Earnings, Financials & Key Ratios

INBK•NASDAQ•Banking & Credit
$27.17
Price updated Jul 7, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryDigital banks and banking-as-a-service
AboutFirst Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial and retail banking products and services to individuals and commercial customers in the United States. The company accepts non-interest bearing and interest-bearing demand deposit, savings, money market, and brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real estate, construction, residential mortgage, home equity and improvement, small installment, term, and other consumer loans, as well as single tenant lease financing, and public and healthcare finance; franchise finance; and small business lending. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and provision of municipal finance lending and leasing products to government entities. In addition, it offers corporate credit card and treasury management services. The company provides its services through its firstib.com Website. First Internet Bancorp was founded in 1999 and is headquartered in Fishers, Indiana.Show more
  • Net Interest Income$114M+30.2%
  • Total Revenue$323M-3.2%
  • Net Income-$35M-239.1%
  • Return on Equity-9.46%-239.7%
  • Net Interest Margin2.04%+34.1%
  • Efficiency Ratio29.43%+16.6%
  • ROA-0.62%-234.2%
  • Equity / Assets6.46%-3.5%
  • Book Value per Share41.21-5.9%

INBK Price & Volume

First Internet Bancorp (INBK) stock price & volume — 10-year historical chart

Loading chart...

Persistent Margin Compression Challenges Digital Banking Model

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Strained
Financial:Vulnerable
Cash Flow:Mixed
Primary Risk:High deposit funding costs

Key Thesis Takeaways

  • First Internet Bancorp faces a challenging outlook as its reliance on high-cost digital deposits continues to suppress net interest margins to 0.6% as of 2026Q1.
  • While the bank has attempted to manage liquidity through a $4.6 billion investment securities portfolio, earnings remain highly volatile due to significant provisioning requirements that reached $16.3 million in the most recent quarter.
  • Investors should monitor the bank's ability to stabilize its capital position, which currently reflects a thin equity-to-assets ratio of 6%, against ongoing credit risks in its commercial lending segments.

Verdict Logic

the bank's forward P/E of 12.53 and persistent margin compression at 0.6% suggest that the risks associated with its volatile earnings and thin 6% equity-to-assets ratio outweigh current valuation levels.

INBK Growth Metrics

First Internet Bancorp (INBK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years20.28%
5 Years13.53%
3 Years22.95%
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-259.72%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-259.67%

Return on Capital

10 Years3.11%
5 Years2.3%
3 Years0.59%
Last Year-1.6%

INBK Recent Earnings

First Internet Bancorp (INBK) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 3/12 qtrs (33%)●Beat Revenue 5/12 qtrs (56%)
Q2 2026Latest
Apr 30, 2026
Metric
Actual
Est
EPS
$0.29+262.5%
$0.08
Rev
$43M-5.6%
$46M
Q2 2026
Mar 11, 2026
Metric
Actual
Est
EPS
$0.60
—
Rev
$89M
—
Q1 2026
Jan 29, 2026
Metric
Actual
Est
EPS
$0.64+8.5%
$0.59
Rev
$42M-3.2%
$44M
Q4 2025
Oct 22, 2025
Metric
Actual
Est
EPS
$1.43-316.7%
$0.66
Rev
$58M+75.3%
$33M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 30, 2026
$0.29vs $0.08+262.5%
$43Mvs $46M-5.6%
Q2 2026Mar 11, 2026
$0.60
$89M
Q1 2026Jan 29, 2026
$0.64vs $0.59+8.5%
$42Mvs $44M-3.2%
Q4 2025Oct 22, 2025
$1.43vs $0.66-316.7%
$58Mvs $33M+75.3%
Based on last 12 quarters of dataView full earnings history →

Latest INBK News

Recent stock market news and headlines for First Internet Bancorp (INBK)

Business Wire·Jun 16, 2026
First Internet Bancorp to Pay Cash Dividend

FISHERS, Ind.--(BUSINESS WIRE)--The Board of Directors of First Internet Bancorp (the “Company”) (Nasdaq: INBK) has declared a quarterly cash dividend of $0.06 per common share. The dividend will be payable on July 15, 2026 to shareholders of record at the close of business on June 30, 2026. The declaration and amount of any future cash dividends will be subject to the sole discretion of the Board of Directors and will depend upon many factors, including the Company's results of operations, fin.

Peers Comparison

Key metrics vs top competitors for First Internet Bancorp (INBK)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
INBK logoINBKFirst Internet BancorpCurrent
$27.17$236.83M-6.74-3.17%-10.89%-9.46%0.88%
SOFI logoSOFISoFi Technologies, Inc.
$17.75$22.77B45.5128.78%11.22%6.25%—
HONE logoHONEHarborOne Bancorp, Inc.
$12.10$522.22M18.3310.7%8.56%4.56%—
NBTB logoNBTBNBT Bancorp Inc.
$49.63$2.58B14.9010.36%19.66%9.83%—
CFFN logoCFFNCapitol Federal Financial, Inc.
$8.37$1.06B16.1010.03%17.88%7.46%—
FIS logoFISFidelity National Information Services, Inc.
$42.60$22.02B56.805.43%22.91%18.45%—

Compare INBK vs Peers

First Internet Bancorp (INBK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SOFI

Most directly comparable listed peer for INBK.

Scale Benchmark

vs FISV

Larger-name benchmark to compare INBK against a more recognizable public peer.

Peer Set

Compare Top 5

vs SOFI, HONE, NBTB, CFFN

INBK SEC Filings & Documents

First Internet Bancorp (INBK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jun 16, 2026·SEC

Material company update

May 20, 2026·SEC

Material company update

Apr 30, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 11, 2026·SEC

FY 2025

Mar 12, 2025·SEC

FY 2024

Mar 13, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 6, 2026·SEC

FY 2025

Nov 10, 2025·SEC

FY 2025

Aug 6, 2025·SEC

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INBK Frequently Asked Questions

First Internet Bancorp (INBK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is First Internet Bancorp growing?

First Internet Bancorp (INBK) saw revenue decline by 3.2% over the past year.

Is INBK profitable?

First Internet Bancorp (INBK) reported a net loss of $33.6M for fiscal year 2025.

Dividend & Returns
Does INBK pay dividends?

Yes, First Internet Bancorp (INBK) pays a dividend with a yield of 0.88%. This makes it attractive for income-focused investors.

What is INBK's return on equity?

First Internet Bancorp (INBK) has a return on equity (ROE) of -9.5%. Negative ROE indicates the company is unprofitable.

Industry Metrics
What is First Internet Bancorp's net interest margin?

First Internet Bancorp (INBK) has a net interest margin (NIM) of 2.0%. NIM has been under pressure due to interest rate environment.

What is First Internet Bancorp's efficiency ratio?

First Internet Bancorp (INBK) has an efficiency ratio of 29.4%. This is excellent, indicating strong cost control.

What if you invested $1,000 in INBK back in 2005?

Total return calculator · dividends reinvested · 21+ years of data

See returns →