First Internet Bancorp (INBK) Interest Expense - Deposits (2012 - 2026)
First Internet Bancorp (INBK) posted Interest Expense - Deposits of $40.3 million for Q2 2026, little changed on a QoQ basis from $40.4 million in Q1 2026, and down 13.84% year-over-year from $46.8 million in Q2 2025.
Analysis
First Internet Bancorp (INBK) Interest Expense - Deposits (2012 - 2026) Analysis & Trends
First Internet Bancorp has reported Interest Expense - Deposits for 15 years, with the latest figure at $40.3 million in Q2 2026.
- On a quarterly basis, Interest Expense - Deposits fell 13.84% year-over-year to $40.3 million in Q2 2026; TTM through Jun 2026 was $174.6 million, a 8.53% decrease from a year earlier, with the FY2025 full-year figure at $188.4 million, up 2.86% from the prior year.
- Interest Expense - Deposits was $40.3 million for Q2 2026 at First Internet Bancorp, roughly flat from $40.4 million in the prior quarter.
- The five-year high for Interest Expense - Deposits was $50.1 million in Q3 2025, with the low at $6.1 million in Q1 2022.
- Average Interest Expense - Deposits over 5 years is $35.4 million, with a median of $40.7 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Interest Expense - Deposits decreased 29.33% in 2022, then surged 441.14% in 2023.
- Over 5 years, Interest Expense - Deposits stood at $18.8 million in 2022, then soared by 118.42% to $41.1 million in 2023, then advanced by 19.56% to $49.1 million in 2024, then slipped by 10.74% to $43.8 million in 2025, then decreased by 8.02% to $40.3 million in 2026.
- The last three Interest Expense - Deposits figures came in at $40.3 million (Q2 2026), $40.4 million (Q1 2026), and $43.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 1.58 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 891.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 104.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.05 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 747.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 385.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 600.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 881.00 Mn |
| 10 | First Internet Bancorp | 242.53 Mn | -168.44 Mn | - | 40.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.32 Mn |
| Mar 31, 2026 | 40.36 Mn |
| Dec 31, 2025 | 43.84 Mn |
| Sep 30, 2025 | 50.13 Mn |
| Jun 30, 2025 | 46.79 Mn |
| Mar 31, 2025 | 47.63 Mn |
| Dec 31, 2024 | 49.11 Mn |
| Sep 30, 2024 | 47.42 Mn |
| Jun 30, 2024 | 44.50 Mn |
| Mar 31, 2024 | 42.13 Mn |
| Dec 31, 2023 | 41.08 Mn |
| Sep 30, 2023 | 40.34 Mn |
| Jun 30, 2023 | 34.68 Mn |
| Mar 31, 2023 | 27.27 Mn |
| Dec 31, 2022 | 18.81 Mn |
| Sep 30, 2022 | 10.52 Mn |
| Jun 30, 2022 | 6.41 Mn |
| Mar 31, 2022 | 6.10 Mn |
| Dec 31, 2021 | 6.40 Mn |
| Sep 30, 2021 | 7.09 Mn |