First Internet Bancorp (INBK) Operating Expenses (2012 - 2026)

On a trailing twelve-month basis, First Internet Bancorp's Operating Expenses was $100.82 million through Jun 30, 2026, up 9.5% year-over-year; for FY2025, it came in at $95.03 million, up 5.5% from FY2024.

• Operating Expenses has now increased for 13 consecutive years, with a five-year compound annual growth rate of 10.5% (FY2020 to FY2025).
• In earlier years, Operating Expenses was $90.11 million in FY2024 (+13.4%), $79.44 million in FY2023 (+8.4%), $73.27 million in FY2022 (+18.6%) and $61.8 million in FY2021 (+7.2%).
• The Q2 2026 figure marks the highest quarterly Operating Expenses in data going back to Q1 2012.
• Compared with a year earlier, Operating Expenses has increased for four straight quarters, with growth averaging 10.4% over the last eight quarters.
• The best year-over-year quarter for Operating Expenses over five years was Q3 2022 (growth of 24.5%); the worst was Q3 2021 (a decline of 11.9%).
• Per Business Quant data, INBK's Operating Expenses in the three quarters before Q2 2026 was $25.03 million (Q1 2026), $24.21 million (Q4 2025) and $25.46 million (Q3 2025).