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Companies / Financials / First Internet Bancorp
INBK

First Internet Bancorp

FinancialsBanks & Brokers
Ticker INBKFISHERS, INFiscal year ends DecemberBook value per share $40.17Diluted shares 8.8M

First Internet Bancorp (Nasdaq: INBK) is a bank holding company that conducts its banking business through First Internet Bank of Indiana, a state-chartered, FDIC-insured digital bank that began operations in 1999. It offers commercial, small-business, consumer and municipal banking products and services, serving… From the company’s description.

Over the twelve months to Sep 30, 2026, First Internet Bancorp reported revenue of $169.88M, up 48.7% from a year earlier, and net income of $14.98M. Its pre-tax margin was 8.2%. In fiscal 2025, it reported revenue of $116.47M, down 13.5% from fiscal 2024, and a net loss of $35.17M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$116.47MFY2025
−13.5% year over year
Last 12 mo $169.88M
-43.67%FY2025
−64.1 percentage points
Last 12 mo 8.20%
$-35.17MFY2025
−239.1% year over year
Last 12 mo $14.98M
-9.78%FY2025
−16.4 percentage points
Last 12 mo 4.23%
Cash & financing
$3.45MFY2025
−73.5% year over year
Last 12 mo $152.96M
$2.22MFY2025
−78.6% year over year
Last 12 mo $152.31M
14.44FY2025
Was 13.89× a year earlier
Last 12 mo 15.56
8.7MFY2025
−0.4% year over year
Last 12 mo 8.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What First Internet Bancorp does

In the company’s own words

First Internet Bancorp (Nasdaq: INBK) is a bank holding company that conducts its banking business through First Internet Bank of Indiana, a state-chartered, FDIC-insured digital bank that began operations in 1999. It offers commercial, small-business, consumer and municipal banking products and services, serving customers nationwide through digital channels and partnerships, without traditional branch offices. Consumer and small-business deposits are gathered primarily online, while consumer loans are originated mainly through dealership and financing partners. Commercial offerings include commercial and industrial lending, construction and investor real estate loans, single-tenant lease financing, public finance, specialty finance, small-business lending, commercial deposits and treasury management. The bank also provides payment, card, deposit and lending services through partnerships with financial technology companies. Its public finance subsidiary offers lending and leasing products to government entities and acquires municipal securities. As of December 31, 2025, the company had $5.6 billion in consolidated assets and $4.8 billion in deposits. First Internet Bank was the first state-chartered, FDIC-insured internet bank.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
FISHERS, IN
Fiscal year end
December
CIK
1562463
SIC
6022

Financial performance, year by year

Fiscal 2013–2025 · USD
$-55.67M$5.84M$67.36M$128.87M$190.38M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns First Internet Bancorp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

150
funds hold it
0 of 35
superinvestors hold it
$64.81M
held by funds, at market

Largest fund holders · First Internet Bancorp’s weight in each

Aegis Value Fund
AVALX · Aegis Funds
0.85%of fund net assets
Heartland Value Fund
HRTVX · HEARTLAND GROUP INC.
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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