First Internet Bancorp (INBK) — Financial statements
Income statement, balance sheet, and cash flow for First Internet Bancorp — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 323↓3.2% | 333↑28.3% | 260↑49.6% | 174↑7.2% | 162 | |
| Cost of Revenue | 279↑25.7% | 222↑22.3% | 181↑179.7% | 65↑34.0% | 48 | |
| Gross Profit | 44↓60.5% | 112↑42.1% | 79↓27.8% | 109↓4.2% | 114 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 65↑1628.1% | 4↓92.4% | 49↑15.2% | 43↑8.3% | 39 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 3↑0.9% | 3↓27.8% | 4↑9.0% | 3 | |
| SG&A Expenses | 65↑921.6% | 6↓87.8% | 52↑11.9% | 46↑8.3% | 43 | |
| Other Expenses | 30↓61.0% | 78↑255.2% | 22↓3.0% | 23↑56.1% | 14 | |
| Operating Expenses | 95↑12.9% | 84↑14.2% | 74↑7.0% | 69↑20.4% | 57 | |
| Total Costs & Expenses | 374↑22.2% | 306↑20.0% | 255↑90.8% | 134↑26.6% | 106 | |
| Operating Results | ||||||
| Operating Income | -51↓284.7% | 28↑457.5% | 5↓87.7% | 40↓29.1% | 57 | |
| Depreciation & Amortization | 0.00↓100.0% | 8↑47.2% | 6↓34.2% | 9↓0.5% | 9 | |
| EBITDA | -51↓241.3% | 36↑236.8% | 11↓78.1% | 49↓25.3% | 65 | |
| EBIT | -51↓284.7% | 28↑457.5% | 5↓87.7% | 40↓29.1% | 57 | |
| Interest & Other Income | ||||||
| Net Interest Income | 114↑30.2% | 87↑16.7% | 75↓22.9% | 97↑12.2% | 87 | |
| Interest Income | 320↑9.7% | 292↑21.9% | 239↑52.6% | 157↑17.2% | 134 | |
| Interest Expense | 206↑0.9% | 205↑24.3% | 165↑175.1% | 60↑26.4% | 47 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | -51↓284.7% | 28↑457.5% | 5↓87.7% | 40↓29.1% | 57 | |
| Income Tax Expense | -16↓792.9% | 2↑165.2% | -3↓176.3% | 5↓46.1% | 8 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -35↓239.1% | 25↑200.3% | 8↓76.3% | 36↓26.1% | 48 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -35↓239.1% | 25↑200.3% | 8↓76.3% | 36↓26.1% | 48 | |
| Bottom-Line Net Income | -35↓239.1% | 25↑200.3% | 8↓76.3% | 36↓26.1% | 48 | |
| EPS (Basic) | -4.03↓238.5% | 2.91↑206.3% | 0.95↓74.5% | 3.73↓23.1% | 4.85 | |
| EPS (Diluted) | -4.03↓239.9% | 2.88↑203.2% | 0.95↓74.3% | 3.70↓23.2% | 4.82 | |
| Weighted Average Shares | 9↑0.5% | 9↓1.7% | 9↓7.3% | 10↓3.9% | 10 | |
| Weighted Average Diluted Shares | 9↓0.4% | 9↓1.0% | 9↓7.7% | 10↓3.8% | 10 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.