First Internet Bancorp (INBK)
Runs a branchless bank across digital deposits, commercial lending, and fintech partnerships.
$27.53
After hours+0.12 (+0.44%)
At close$27.41(−0.72%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 69 | 72 | 75 | 80 | 86 | 92 | 86 | 85 | 58 | 89 | 87 | 85 |
| Cost of revenue | 48 | 50 | 50 | 54 | 57 | 61 | 64 | 67 | 89 | 60 | 61 | 58 |
| Gross profit | 22 | 22 | 25 | 27 | 29 | 31 | 22 | 18 | −31 | 30 | 27 | 28 |
| 18 | 19 | 20 | 21 | 21 | 23 | 22 | 20 | 24 | 24 | 25 | 26 | |
| 13 | 11 | 14 | 14 | 15 | 16 | 15 | 13 | 16 | 16 | 2 | 2 | |
| Selling & marketing | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 |
| General & administrative | 13 | 11 | 13 | 14 | 15 | 16 | 15 | 12 | 16 | 16 | 1 | 1 |
| Other expenses | 5 | 8 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 8 | 23 | 24 |
| Operating income | 3 | 4 | 6 | 6 | 8 | 8 | 0 | −2 | −55 | 6 | 2 | 2 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest income | 63 | 66 | 68 | 71 | 75 | 78 | 77 | 81 | 84 | 78 | 76 | 77 |
| Interest expense | 46 | 46 | 47 | 50 | 53 | 54 | 52 | 53 | 54 | 48 | 44 | 44 |
| Income before tax | 3 | 4 | 6 | 6 | 8 | 8 | 0 | −2 | −55 | 6 | 2 | 2 |
| Income tax expense | 0 | −1 | 0 | 0 | 1 | 1 | −1 | −2 | −13 | 0 | −1 | −1 |
| Net income from continuing operations | 3 | 4 | 5 | 6 | 7 | 7 | 1 | 0 | −42 | 5 | 3 | 2 |
| Net income | 3 | 4 | 5 | 6 | 7 | 7 | 1 | 0 | −42 | 5 | 3 | 2 |
| EPS, basic | $0.39 | $0.48 | $0.60 | $0.67 | $0.80 | $0.84 | $0.11 | $0.02 | −$4.76 | $0.61 | $0.29 | $0.27 |
| EPS, diluted | $0.39 | $0.48 | $0.59 | $0.67 | $0.80 | $0.83 | $0.11 | $0.02 | −$4.76 | $0.60 | $0.29 | $0.27 |
| Weighted average shares, basic | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Weighted average shares, diluted | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| EBITDA | 3 | 6 | 7 | 8 | 10 | 11 | 1 | 0 | −52 | 6 | 4 | 4 |
| Depreciation & amortization | 0 | 3 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 1 | 3 | 2 |
| EBIT | 3 | 4 | 6 | 6 | 8 | 8 | 0 | −2 | −55 | 6 | 2 | 2 |