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Side-by-side financial comparison of First Internet Bancorp (INBK) and RMR GROUP INC. (RMR). Click either name above to swap in a different company.

RMR GROUP INC. is the larger business by last-quarter revenue ($66.7M vs $43.1M, roughly 1.5× First Internet Bancorp). RMR GROUP INC. runs the higher net margin — 18.3% vs 5.8%, a 12.5% gap on every dollar of revenue.

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.

RMR Group Inc. is a U.S.-headquartered alternative asset management firm specializing in real estate and real estate-related investments. It operates across commercial property, residential real estate, and infrastructure segments, serving institutional investors, high-net-worth individuals, and retail clients across key global markets.

INBK vs RMR — Head-to-Head

Bigger by revenue
RMR
RMR
1.5× larger
RMR
$66.7M
$43.1M
INBK
Higher net margin
RMR
RMR
12.5% more per $
RMR
18.3%
5.8%
INBK

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
INBK
INBK
RMR
RMR
Revenue
$43.1M
$66.7M
Net Profit
$2.5M
$12.2M
Gross Margin
Operating Margin
48.1%
Net Margin
5.8%
18.3%
Revenue YoY
40.8%
Net Profit YoY
91.1%
EPS (diluted)
$0.29
$0.71

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
INBK
INBK
RMR
RMR
Q1 26
$43.1M
Q4 25
$30.3M
$66.7M
Q3 25
$5.7M
Q2 25
$33.5M
Q1 25
$35.5M
Q4 24
$39.5M
Q3 24
$33.8M
Q2 24
$32.4M
Net Profit
INBK
INBK
RMR
RMR
Q1 26
$2.5M
Q4 25
$5.3M
$12.2M
Q3 25
$-41.6M
Q2 25
$193.0K
Q1 25
$943.0K
Q4 24
$7.3M
Q3 24
$7.0M
Q2 24
$5.8M
Operating Margin
INBK
INBK
RMR
RMR
Q1 26
Q4 25
18.1%
48.1%
Q3 25
-956.1%
Q2 25
-5.5%
Q1 25
0.1%
Q4 24
21.1%
Q3 24
22.5%
Q2 24
18.5%
Net Margin
INBK
INBK
RMR
RMR
Q1 26
5.8%
Q4 25
17.4%
18.3%
Q3 25
-729.1%
Q2 25
0.6%
Q1 25
2.7%
Q4 24
18.6%
Q3 24
20.7%
Q2 24
17.8%
EPS (diluted)
INBK
INBK
RMR
RMR
Q1 26
$0.29
Q4 25
$0.60
$0.71
Q3 25
$-4.76
Q2 25
$0.02
Q1 25
$0.11
Q4 24
$0.82
Q3 24
$0.80
Q2 24
$0.67

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INBK
INBK
RMR
RMR
Cash + ST InvestmentsLiquidity on hand
$49.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$374.3M
$232.7M
Total Assets
$5.6B
$687.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INBK
INBK
RMR
RMR
Q1 26
Q4 25
$456.8M
$49.3M
Q3 25
$787.7M
Q2 25
$446.4M
Q1 25
$394.5M
Q4 24
$466.4M
Q3 24
$712.5M
Q2 24
$396.8M
Total Debt
INBK
INBK
RMR
RMR
Q1 26
Q4 25
$249.5M
Q3 25
Q2 25
Q1 25
Q4 24
$295.0M
Q3 24
Q2 24
Stockholders' Equity
INBK
INBK
RMR
RMR
Q1 26
$374.3M
Q4 25
$359.8M
$232.7M
Q3 25
$352.2M
Q2 25
$390.2M
Q1 25
$387.7M
Q4 24
$384.1M
Q3 24
$385.1M
Q2 24
$372.0M
Total Assets
INBK
INBK
RMR
RMR
Q1 26
$5.6B
Q4 25
$5.6B
$687.1M
Q3 25
$5.6B
Q2 25
$6.1B
Q1 25
$5.9B
Q4 24
$5.7B
Q3 24
$5.8B
Q2 24
$5.3B
Debt / Equity
INBK
INBK
RMR
RMR
Q1 26
Q4 25
0.69×
Q3 25
Q2 25
Q1 25
Q4 24
0.77×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INBK
INBK
RMR
RMR
Operating Cash FlowLast quarter
$10.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INBK
INBK
RMR
RMR
Q1 26
Q4 25
$3.4M
$10.7M
Q3 25
$37.1M
Q2 25
$-90.2M
Q1 25
$32.8M
Q4 24
$13.0M
Q3 24
$331.0K
Q2 24
$16.0M
Free Cash Flow
INBK
INBK
RMR
RMR
Q1 26
Q4 25
$2.2M
Q3 25
$37.0M
Q2 25
$-90.8M
Q1 25
$32.6M
Q4 24
$10.4M
Q3 24
$-270.0K
Q2 24
$15.5M
FCF Margin
INBK
INBK
RMR
RMR
Q1 26
Q4 25
7.3%
Q3 25
648.0%
Q2 25
-270.7%
Q1 25
91.9%
Q4 24
26.3%
Q3 24
-0.8%
Q2 24
47.8%
Capex Intensity
INBK
INBK
RMR
RMR
Q1 26
Q4 25
4.0%
Q3 25
1.9%
Q2 25
1.9%
Q1 25
0.5%
Q4 24
6.6%
Q3 24
1.8%
Q2 24
1.7%
Cash Conversion
INBK
INBK
RMR
RMR
Q1 26
Q4 25
0.65×
0.88×
Q3 25
Q2 25
-467.21×
Q1 25
34.81×
Q4 24
1.77×
Q3 24
0.05×
Q2 24
2.77×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

INBK
INBK

Net Interest Income$31.6M73%
Noninterest Income$11.5M27%

RMR
RMR

Management Service Incentive$23.6M35%
Industrial Logistics Properties Trust$15.1M23%
Managed Private Real Estate Capital$11.1M17%
Office Properties Income Trust$5.6M8%
Other Private Entities$5.3M8%
RMR Residential$3.4M5%
Sonesta International Hotels Corporation$2.1M3%
Investment Advisory Management And Administrative Service$1.2M2%

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