INBK - NASDAQ

First Internet Bancorp

INBK·NASDAQ

$23.02

-3.6%

Financial ServicesBanks - Regional

First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial and retail banking products and services to individuals and commercial customers in the United States. The company accepts non-interest bearing and interest-bearing demand deposit, savings, money market, and brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real estate, construction, residential mortgage, home equity and improvement, small installment, term, and other consumer loans, as well as single tenant lease financing, and public and healthcare finance; franchise finance; and small business lending. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and provision of municipal finance lending and leasing products to government entities. In addition, it offers corporate credit card and treasury management services. The company provides its services through its firstib.com Website. First Internet Bancorp was founded in 1999 and is headquartered in Fishers, Indiana.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$200.66M

EPS-4.0300

P/E Ratio-5.71

Earnings Date07/22/2026

5.57B

Assets

-3%

3Y+23.0%

5Y+31.0%

10Y+200.0%

5.21B

Total Liabilities

-3%

3Y+25.0%

5Y+33.0%

10Y+207.0%

359.77M

Total Equity

-6%

3Y-1.0%

5Y+9.0%

10Y+134.0%

First Internet Bancorp Funding & Solvency Profile

INBK · NASDAQ

Current Assets

Cash & Cash Equivalents456.78M

Net Receivables27.91M

Inventory0.00

Other Current Assets0.00

Total Current Assets1 B

Non-Current Assets

Property, Plant & Equipment67.93M

Goodwill & Intangible Assets4.69M

Long-Term Investments3.99B

Other Non-Current Assets407.50M

Total Non-Current Assets4 B

Total Assets

5.57B

Financial Health Analysis

Current Ratio

0.23x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

14.49x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-3741375000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

20% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

First Internet Bancorp Balance Sheet

INBK • NASDAQ

First Internet Bancorp Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	456.8M	466.4M	405.9M	256.6M	443M	419.8M	327.4M	188.7M	48M	39.7M	26.2M	30.3M	56.2M	32.5M	34.8M	32.4M	30M	25.8M	65.2M	3.1M
Short-Term Investments	615.5M	413.3M	474.9M	390.4M	603M	497.6M	540.9M	481.3M	473.3M	456.7M	213.7M	137.5M	181.4M	156.7M	149.3M	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	1.1B	879.7M	880.8M	646.9M	1B	917.4M	868.2M	670.1M	521.3M	496.4M	239.9M	167.8M	237.6M	189.2M	184M	32.4M	30M	25.8M	65.2M	3.1M
Net Receivables	27.9M	973.1M	955.2M	949.8M	881.9M	967.6M	1B	936.3M	815.2M	613.3M	378.4M	195.4M	2.9M	2.2M	2.1M	2.1M	2.3M	2.8M	2.8M	2.3M
Accounts Receivables	27.9M	28.2M	26.7M	21.1M	16M	17.4M	18.6M	16.8M	11.9M	6.7M	4.1M	2.8M	2.9M	2.2M	2.1M	2.1M	2.3M	2.8M	2.8M	2.3M
Other Receivables	0.0	945M	928.5M	928.7M	865.9M	950.2M	995.9M	919.4M	803.3M	606.6M	374.3M	192.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-192.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Prepaids	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	10.2M	8.8M	12.1M	10.3M	5.7M	3.7M	0.0
Total Current Assets	1.1B	1.9B	1.8B	1.6B	1.9B	1.9B	1.9B	1.6B	1.3B	1.1B	618.3M	363.2M	240.5M	201.6M	195M	46.6M	42.5M	34.2M	71.6M	5.4M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	67.9M	71.5M	73.5M	72.7M	59.8M	37.6M	14.6M	10.7M	10.1M	10M	8.5M	7.1M	7.1M	793K	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	0.0
Goodwill & Intangible Assets	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	0.0
Long-Term Investments	4B	3.7B	3.1B	2.7B	2.1B	2.2B	2.1B	1.8B	1.3B	677M	607.7M	568.7M	524.3M	415.6M	374.7M	441.5M	446.2M	493.2M	471M	427.5M
Other Non-Current Assets	407.5M	149.4M	131.3M	119.4M	117.3M	131.5M	134.3M	100M	72.9M	52.9M	30.7M	26.8M	25.7M	13.7M	11.1M	11.1M	11.2M	11M	10.6M	50.6M
Total Non-Current Assets	4.5B	3.9B	3.3B	2.9B	2.3B	2.4B	2.2B	1.9B	1.4B	744.7M	651.6M	607.3M	561.8M	434.7M	390.5M	457.3M	462.1M	508.9M	486.3M	478.1M
Total Assets	5.6B	5.7B	5.2B	4.5B	4.2B	4.2B	4.1B	3.5B	2.8B	1.9B	1.3B	970.5M	802.3M	636.4M	585.4M	503.9M	504.6M	543M	557.9M	483.5M
LIABILITIES
CURRENT LIABILITIES
Total Payables	1.7M	2.5M	3.8M	2.9M	2M	1.4M	3.8M	1.1M	311K	112K	117K	97K	102K	120K	120K	126K	133.7K	156K	138.3K	450K
Accounts Payable	1.7M	2.5M	3.8M	2.9M	2M	1.4M	3.8M	1.1M	311K	112K	117K	97K	102K	120K	120K	126K	133.7K	156K	138.3K	450K
Accrued Expenses	0.0	0.0	18M	14.5M	30.5M	48.4M	53M	21.5M	11.4M	10.9M	5.7M	5.3M	3.7M	3.5M	1.2M	1.2M	636.1K	1.2M	1.4M	0.0
Other Current Liabilities	4.8B	4.9B	4.1B	3.4B	3.2B	3.3B	3.2B	2.7B	2.1B	1.5B	956.1M	758.6M	673.1M	530.7M	486.7M	422.7M	411.6M	439.2M	461.6M	383.5M
Total Current Liabilities	4.8B	4.9B	4.1B	3.5B	3.2B	3.3B	3.2B	2.7B	2.1B	1.5B	961.9M	763.9M	676.9M	534.3M	487.9M	424M	412.4M	440.6M	463.1M	383.9M
NON-CURRENT LIABILITIES
Long Term Debt	355M	400.2M	719.8M	719.5M	619.2M	594.5M	584.4M	559M	446.9M	226.6M	203.7M	109.8M	34.6M	40.7M	40.6M	30.5M	47M	57M	48.7M	55.7M
Other Non-Current Liabilities	15.4M	17.9M	14.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.5M	563.5K	454.3K	-57M	-48.7M	1.2M
Total Non-Current Liabilities	370.3M	418.1M	734M	719.5M	619.2M	594.5M	584.4M	559M	446.9M	226.6M	203.7M	109.8M	34.6M	40.7M	42.1M	31M	47M	57M	48.7M	56.9M
Capital Lease Obligations	0.0	0.0	0.0	0.0	0.0	0.0	735K	1.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	57M	48.7M	0.0
Total Liabilities	5.2B	5.4B	4.8B	4.2B	3.8B	3.9B	3.8B	3.3B	2.5B	1.7B	1.2B	873.7M	711.4M	575M	530M	455M	459.9M	497.6M	511.8M	440.9M
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	41.2M	41.2M	0.0	40.9M	0.0
Common Stock	186.6M	186.1M	184.7M	192.9M	218.9M	221.4M	219.4M	227.6M	172M	119.5M	72.6M	71.8M	71.4M	41.5M	41.3M	0.0	41.2M	41.1M	0.0	0.0
Additional Paid-In Capital	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	71.8M	71.4M	0.0	0.0	0.0	0.0	0.0	0.0	40.7M
Retained Earnings	193.3M	230.6M	207.5M	205.7M	172.4M	126.7M	99.7M	77.7M	57.1M	43.7M	33M	25.1M	21.9M	18M	12.9M	9.7M	4.8M	6.9M	5.3M	2.5M
Accumulated Other Comprehensive Income/Loss	-20.1M	-32.7M	-29.4M	-33.6M	-11M	-17.2M	-14.2M	-16.5M	-5M	-9.3M	-1.2M	-71.9M	-73.8M	1.8M	1.2M	-2.1M	-1.2M	-2.5M	-114.5K	-486K
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-41.2M	0.0	0.0	0.0
Total Stockholders' Equity	359.8M	384.1M	362.8M	365M	380.3M	330.9M	304.9M	288.7M	224.1M	153.9M	104.3M	96.8M	90.9M	61.4M	55.4M	48.9M	44.8M	45.4M	46.1M	42.7M
Total Equity	359.8M	384.1M	362.8M	365M	380.3M	330.9M	304.9M	288.7M	224.1M	153.9M	104.3M	96.8M	90.9M	61.4M	55.4M	48.9M	44.8M	45.4M	46.1M	42.7M
SUMMARY
Total Liabilities & Equity	5.6B	5.7B	5.2B	4.5B	4.2B	4.2B	4.1B	3.5B	2.8B	1.9B	1.3B	970.5M	802.3M	636.4M	585.4M	503.9M	504.6M	543M	557.9M	483.5M
Total Investments	4.6B	4.1B	3.6B	3.1B	2.7B	2.7B	2.6B	2.3B	1.8B	1.1B	821.4M	706.2M	705.7M	572.3M	523.9M	441.5M	446.2M	493.2M	471M	427.5M
Total Debt	355M	400.2M	719.8M	719.5M	619.2M	594.5M	584.4M	559M	446.9M	226.6M	203.7M	109.8M	34.6M	40.7M	40.6M	30.5M	47M	114M	97.4M	55.7M
Net Debt	-101.8M	-66.3M	313.9M	462.9M	176.2M	174.7M	257.1M	370.3M	398.9M	186.9M	177.5M	79.5M	-21.6M	8.2M	5.8M	-2M	17M	88.2M	32.2M	52.6M
Shares Outstanding	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094	8,713,094

SEC Filings

INBK - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 20, 2026	May 18, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 06, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 30, 2026	April 30, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 27, 2026	March 27, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 17, 2026	March 17, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 11, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	January 29, 2026	January 29, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 16, 2025	December 16, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 10, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 22, 2025	October 22, 2025	2025	View Filing

Showing 1 to 10 of 280 filings

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