First Internet BancorpINBKEarnings & Financial Report
First Internet Bank of Indiana (First IB) is the sole subsidiary of First Internet Bancorp, an American bank holding company headquartered in Fishers, Indiana. It was established as one of the first state-chartered banks to operate exclusively online and via telephone, without any physical branches.
INBK Q1 FY2026 Key Financial Metrics
Revenue
$43.1M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$2.5M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
5.8%
YoY Growth
N/A
EPS
$0.29
First Internet Bancorp Q1 FY2026 Financial Summary
First Internet Bancorp reported revenue of $43.1M for Q1 FY2026, with a net profit of $2.5M (5.8% margin).
Key Financial Metrics
| Total Revenue | $43.1M |
|---|---|
| Net Profit | $2.5M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
Revenue Breakdown
First Internet Bancorp Q1 FY2026 revenue of $43.1M breaks down across 2 segments, led by Net Interest Income at $31.6M (73.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Net Interest Income | $31.6M | 73.3% |
| Noninterest Income | $11.5M | 26.7% |
First Internet Bancorp Annual Revenue by Year
First Internet Bancorp annual revenue history includes year-by-year totals (for example, 2025 revenue was $105.1M).
First Internet Bancorp Quarterly Revenue & Net Profit History
First Internet Bancorp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $43.1M | — | $2.5M | 5.8% |
| Q4 FY2025 | $30.3M | +28.8% | $5.3M | 17.4% |
| Q3 FY2025 | $5.7M | -83.1% | $-41.6M | -729.1% |
| Q2 FY2025 | $33.5M | +3.7% | $193.0K | 0.6% |
| Q1 FY2025 | $35.5M | +22.2% | $943.0K | 2.7% |
| Q4 FY2024 | $39.5M | +45.1% | $7.3M | 18.6% |
| Q3 FY2024 | $33.8M | +36.3% | $7.0M | 20.7% |
| Q2 FY2024 | $32.4M | +34.7% | $5.8M | 17.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $32.4M | $33.8M | $39.5M | $35.5M | $33.5M | $5.7M | $30.3M | $43.1M |
| YoY Growth | 34.7% | 36.3% | 45.1% | 22.2% | 3.7% | -83.1% | 28.8% | N/A |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $5.34B | $5.82B | $5.74B | $5.85B | $6.07B | $5.64B | $5.57B | $5.64B |
| Liabilities | $4.97B | $5.44B | $5.35B | $5.46B | $5.68B | $5.29B | $5.21B | $5.35B |
| Equity | $372.0M | $385.1M | $384.1M | $387.7M | $390.2M | $352.2M | $359.8M | $374.3M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $16.0M | $331000 | $13.0M | $32.8M | $-90.2M | $37.1M | $3.4M |