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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›INBK›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

First Internet Bancorp (INBK) financials

Income statement

First Internet Bancorp (INBK) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue—$7.84M$5.72M$11.5M——————
Revenue growth——-27.0%101.8%——————
Net income$12.1M$15.2M$21.9M$25.2M$29.5M$48.1M$35.5M$8.42M$25.3M-$35.2M
Net margin—194.3%383.0%218.7%——————
EPS (diluted)$2.30$2.13$2.30$2.51$2.99$4.82$3.70$0.95$2.88-$4.03

Cash flow

First Internet Bancorp (INBK) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$26.5M$24.6M$29.4M-$43.6M$13.1M$54.8M$82.7M$11.7M$13.0M$3.45M
Capital expenditures$3.17M$1.52M$2.22M$4.11M$25.6M$29.9M$17.5M$5.37M$2.59M$1.23M
Free cash flow$23.3M$23.1M$27.1M-$47.7M-$12.5M$24.9M$65.2M$6.31M$10.4M$2.22M
Share buybacks$0.00$0.00$216K$9.78M$0.00$4.44M$27.8M$9.34M$283K$521K
Dividends paid$1.20M$1.68M$2.23M$2.42M$2.35M$2.42M$2.32M$2.16M$2.08M$2.09M

Balance sheet

First Internet Bancorp (INBK) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$39.5M$48.0M$189M$327M$420M$443M$257M$406M$466M$457M
Total assets$1.85B$2.77B$3.54B$4.10B$4.25B$4.21B$4.54B$5.17B$5.74B$5.57B
Total liabilities$1.70B$2.54B$3.25B$3.80B$3.92B$3.83B$4.18B$4.80B$5.35B$5.21B
Long-term debt$190M$410M$525M$515M$515M$515M$615M$615M$295M$250M
Shareholders' equity$154M$224M$289M$305M$331M$380M$365M$363M$384M$360M
Retained earnings$43.7M$57.1M$77.7M$99.7M$127M$172M$206M$207M$231M$193M
Shares (wtd avg diluted)5.24M7.15M9.51M10.0M9.84M9.98M9.60M8.86M8.77M8.73M

Every figure is extracted from First Internet Bancorp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is First Internet Bancorp's free cash flow?
$2.22M in FY2025 (operating cash flow $3.45M minus $1.23M of capital expenditures), from the SEC cash-flow statement.
Does INBK pay a dividend?
Yes — First Internet Bancorp paid $2.09M in cash dividends during FY2025, per its SEC cash-flow statement.
Full INBK analysis — verdict, score & filings →Is INBK a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.