tradmap

INBK Financials First Internet Bancorp

14 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 21.4% per year over the past 5 years.

Financial health

  • The company holds more cash ($457M) than total debt ($250M).
  • Total debt has grown slower than revenue (-13.5% vs 21.4% per year).

Shareholder returns

  • Dividends have been paid for 14 consecutive years, consuming 94.0% of free cash flow.
  • The dividend has declined 2.3% per year over the past 5 years.
Revenue & net income
-$35M $6M $48M $0 2012 2014 2016 2018 2020 2022 2024
RevenueNet income
Margins (gross / operating / net)
0% 192% 383% 2012 2014 2016 2018 2020 2022 2024
GrossOperatingNet
Free cash flow (CFO − capex)
-$48M $9M $65M $0 2012 2014 2016 2018 2020 2022 2024
Free cash flow
Cash vs total debt
$0 $307M $615M 2012 2014 2016 2018 2020 2022 2024
CashTotal debt
Cash flow: operating / investing / financing
-$908M -$8M $892M $0 2012 2014 2016 2018 2020 2022 2024
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 -$35M $2M $250M $457M
2024 $25M $10M $295M $466M
2023 $8M $6M $615M $406M
2022 $36M $65M $615M $257M
2021 $48M $25M $515M $443M
2020 $29M -$12M $515M $420M
2019 $12M $25M 0.0% 0.0% -$48M $515M $327M
2018 $6M $22M 0.0% 0.0% $27M $525M $189M
2017 $8M $15M 0.0% 0.0% $23M $410M $48M
2016 $12M $190M $39M
2015 $9M $191M $25M
2014 $4M $107M $28M
2013 $5M $32M $54M
2012 $6M $41M $33M

Valuation over time

How the market has priced INBK against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 21.7 43.4 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Dividend yield (%)
0.0 1.1 2.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is INBK growing its revenue and profit?

Over the past 5 years, First Internet Bancorp's revenue has grown 21.4% per year. These are computed facts, not advice.

How much debt does INBK have?

As of FY2025, First Internet Bancorp reported $250M of total debt against $457M of cash.

What is INBK's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin —.

What is INBK's P/E ratio?

As of Jun '26, First Internet Bancorp traded at a price-to-earnings ratio of about 6.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.