First Internet Bancorp (INBK)

From the record

First Internet Bancorp's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

First Internet Bancorp's 10 filed years say what it did: revenue went from $59 million in fiscal 2016 to $320 million in fiscal 2025, up 20.7% a year; it rose in 7 of 9 years; the deepest fall was 9% from fiscal 2019 to fiscal 2021; net income was positive in 9 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, First Internet Bancorp's diluted share count shrank about 3.1% a year, and dividends and buybacks returned about 59% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 5 purchases of their own stock on the open market in the year to 2026-09-30, buying about $208 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, First Internet Bancorp lost about 10 cents for every dollar of shareholders' money. Leverage: it owed about 94 cents per dollar of assets, and net share issuance: its share count shrank 0.4% over the year (the filed statements).

From the record

First Internet Bancorp's standing among 155 graded names in its industry family: revenue of $320 million in fiscal 2025 ranks in the bottom 49% by size; a net margin of -11% ranks in the bottom 3%; revenue growth of 26.8% a year over the last 3 filed years ranks in the top 13% (its annual reports).

From the record

First Internet Bancorp's leadership, from its insiders' filings and its current reports: the chief executive on the record is Becker, David B (Chairman and CEO, as filed), filing under that title since 2013-02-21, 13.7 years (top 19% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 8.8 years (top 28%); no officer or director change was reported on Form 8-K since 2023-11-13, against the 10 people in charge now (top 2%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

First Internet Bancorp's room to grow, from the newest filed statements (fiscal 2025): cash of $457 million against debt of $250 million leaves 3.7% of its assets as net cash, top 44% of its family; cash from operations less capital spending is 0.7% of revenue (bottom 5%) (its annual report).

From the record

First Internet Bancorp's growth drivers, from the filed years to fiscal 2025: revenue grew 26.8% a year over the last three filed years against 20.7% over all 10, speeding up (top 30% of its family); the newest year grew 9.7% (top 29%); capital spending grew -58.8% a year (bottom 2%) (its annual reports). First Internet Bancorp tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

First Internet Bancorp's newest year against its own record: revenue of $320 million in fiscal 2025 came in 19.6% below the $398 million its prior three years' pace pointed to (bottom 29% of its family); net income of $35 million against a prior three-year average of $23 million (bottom 2%); a net margin of -11% against 11.6% before (bottom 4%) (its annual reports).