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Stocks · Financials · State Commercial Banks

First Internet Bancorp

INBK Clue Score60
United States Fiscal year ends December CIK 0001562463
$25.99 -1.78% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $25.99 −17.49% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Net income12.1EPS, diluted2.30Fiscal year 2017Revenue7.8Net income15.2 +26.1%EPS, diluted2.13 −7.4%Fiscal year 2018Revenue5.7 −27.0%Net income21.9 +43.8%EPS, diluted2.30 +8.0%Fiscal year 2019Revenue11.5 +101.8%Net income25.2 +15.2%EPS, diluted2.51 +9.1%Fiscal year 2020Net income29.5 +16.7%EPS, diluted2.99 +19.1%Fiscal year 2021Net income48.1 +63.4%EPS, diluted4.82 +61.2%Fiscal year 2022Net income35.5 −26.1%EPS, diluted3.70 −23.2%Fiscal year 2023Net income8.4 −76.3%EPS, diluted0.95 −74.3%Fiscal year 2024Net income25.3 +200.3%EPS, diluted2.88 +203.2%Fiscal year 2025Net income−35.2 −239.1%EPS, diluted−4.03 −239.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue n/a 7.8 5.7 11.5 n/a n/a n/a n/a n/a n/a
Growth −27.0% +101.8%
Net income 12.1 15.2 21.9 25.2 29.5 48.1 35.5 8.4 25.3 −35.2
Growth +26.1% +43.8% +15.2% +16.7% +63.4% −26.1% −76.3% +200.3% −239.1%
EPS, diluted 2.30 2.13 2.30 2.51 2.99 4.82 3.70 0.95 2.88 −4.03
Growth −7.4% +8.0% +9.1% +19.1% +61.2% −23.2% −74.3% +203.2% −239.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Fiscal year 2017Net margin194.3%Free cash flow margin294.9%Fiscal year 2018Net margin383.0%Free cash flow margin474.6%Fiscal year 2019Net margin218.7%Free cash flow margin−413.2%Fiscal year 2020Fiscal year 2021Fiscal year 2022Fiscal year 2023Fiscal year 2024Fiscal year 2025
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin n/a 194.3% 383.0% 218.7% n/a n/a n/a n/a n/a n/a
Free cash flow margin n/a 294.9% 474.6% −413.2% n/a n/a n/a n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow26.5Capital expenditure−3.2Free cash flow23.3Buybacks0.0Dividends paid−1.2Fiscal year 2017Operating cash flow24.6Capital expenditure−1.5Free cash flow23.1 −0.8%Buybacks0.0Dividends paid−1.7Fiscal year 2018Operating cash flow29.4Capital expenditure−2.2Free cash flow27.1 +17.4%Buybacks−0.2Dividends paid−2.2Fiscal year 2019Operating cash flow−43.6Capital expenditure−4.1Free cash flow−47.7 −275.7%Buybacks−9.8Dividends paid−2.4Fiscal year 2020Operating cash flow13.1Capital expenditure−25.6Free cash flow−12.5Buybacks0.0Dividends paid−2.3Fiscal year 2021Operating cash flow54.8Capital expenditure−29.9Free cash flow24.9Buybacks−4.4Dividends paid−2.4Fiscal year 2022Operating cash flow82.7Capital expenditure−17.5Free cash flow65.2 +161.4%Buybacks−27.8Dividends paid−2.3Fiscal year 2023Operating cash flow11.7Capital expenditure−5.4Free cash flow6.3 −90.3%Buybacks−9.3Dividends paid−2.2Fiscal year 2024Operating cash flow13.0Capital expenditure−2.6Free cash flow10.4 +64.7%Buybacks−0.3Dividends paid−2.1Fiscal year 2025Operating cash flow3.4Capital expenditure−1.2Free cash flow2.2 −78.6%Buybacks−0.5Dividends paid−2.1
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 26.5 24.6 29.4 −43.6 13.1 54.8 82.7 11.7 13.0 3.4
Capital expenditure −3.2 −1.5 −2.2 −4.1 −25.6 −29.9 −17.5 −5.4 −2.6 −1.2
Free cash flow 23.3 23.1 27.1 −47.7 −12.5 24.9 65.2 6.3 10.4 2.2
Growth −0.8% +17.4% −275.7% +161.4% −90.3% +64.7% −78.6%
Buybacks 0.0 0.0 −0.2 −9.8 0.0 −4.4 −27.8 −9.3 −0.3 −0.5
Dividends paid −1.2 −1.7 −2.2 −2.4 −2.3 −2.4 −2.3 −2.2 −2.1 −2.1

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash39.5Total debt190.0Net cash (debt)−150.5Shareholders’ equity153.9Debt to equity1.23Fiscal year 2017Cash48.0Total debt410.2Net cash (debt)−362.2Shareholders’ equity224.1Debt to equity1.83Fiscal year 2018Cash188.7Total debt525.2Net cash (debt)−336.4Shareholders’ equity288.7Debt to equity1.82Fiscal year 2019Cash327.4Total debt514.9Net cash (debt)−187.5Shareholders’ equity304.9Debt to equity1.69Fiscal year 2020Cash419.8Total debt514.9Net cash (debt)−95.1Shareholders’ equity330.9Debt to equity1.56Fiscal year 2021Cash443.0Total debt514.9Net cash (debt)−72.0Shareholders’ equity380.3Debt to equity1.35Fiscal year 2022Cash256.6Total debt614.9Net cash (debt)−358.4Shareholders’ equity365.0Debt to equity1.68Fiscal year 2023Cash405.9Total debt614.9Net cash (debt)−209.0Shareholders’ equity362.8Debt to equity1.69Fiscal year 2024Cash466.4Total debt295.0Net cash (debt)171.4Shareholders’ equity384.1Debt to equity0.77Fiscal year 2025Cash456.8Total debt249.5Net cash (debt)207.3Shareholders’ equity359.8Debt to equity0.69
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 39.5 48.0 188.7 327.4 419.8 443.0 256.6 405.9 466.4 456.8
Total debt 190.0 410.2 525.2 514.9 514.9 514.9 614.9 614.9 295.0 249.5
Net cash (debt) −150.5 −362.2 −336.4 −187.5 −95.1 −72.0 −358.4 −209.0 171.4 207.3
Shareholders’ equity 153.9 224.1 288.7 304.9 330.9 380.3 365.0 362.8 384.1 359.8
Debt to equity 1.23 1.83 1.82 1.69 1.56 1.35 1.68 1.69 0.77 0.69

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
n/a 292.6% 418.9% 235.3% n/a n/a n/a n/a n/a n/a
n/a 194.3% 383.0% 218.7% n/a n/a n/a n/a n/a n/a
n/a 294.9% 474.6% −413.2% n/a n/a n/a n/a n/a n/a
Spending
n/a 19.4% 38.8% 35.6% n/a n/a n/a n/a n/a n/a
32.9% 33.6% 8.6% 7.1% 13.1% 15.0% 11.4% −70.4% 8.2% n/a
Returns
7.8% 6.8% 7.6% 8.3% 8.9% 12.7% 9.7% 2.3% 6.6% −9.8%
0.7% 0.6% 0.6% 0.6% 0.7% 1.1% 0.8% 0.2% 0.4% −0.6%
Balance and payout
1.23 1.83 1.82 1.69 1.56 1.35 1.68 1.69 0.77 0.69
91.7% 91.9% 91.8% 92.6% 92.2% 91.0% 92.0% 93.0% 93.3% 93.5%
9.9% 11.0% 10.2% 9.6% 8.0% 5.0% 6.5% 25.6% 8.2% n/a
5.1% 7.2% 9.0% n/a n/a 27.5% 46.2% 182.1% 22.7% 117.4%