First Internet Bancorp (INBK) Operating Expenses (2012 - 2026)
First Internet Bancorp (INBK) posted quarterly Operating Expenses of $25.0 million for Q1 2026, up 6.24% year-over-year from $23.6 million in Q1 2025, and up 3.37% quarter-over-quarter from $24.2 million in Q4 2025.
First Internet Bancorp (INBK) Operating Expenses (2012 - 2026) Analysis & Trends
First Internet Bancorp's Operating Expenses history runs 15 years deep, the most recent figure standing at $25.0 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 6.24% year-over-year to $25.0 million; the TTM figure through Mar 2026 stood at $96.5 million (up 4.16% YoY), while the FY2025 annual figure was $95.0 million, up 5.46% from the prior year.
- Operating Expenses for Q1 2026 stood at $25.0 million, up from $24.2 million in the prior quarter.
- The five-year high for Operating Expenses was $25.5 million in Q3 2025, with the low at $18.0 million in Q2 2022.
- The 5-year median for Operating Expenses is $21.0 million (2024), against an average of $21.3 million.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses increased 24.52% in 2022, then slipped 2.4% in 2025.
- First Internet Bancorp's Operating Expenses stood at $18.5 million in 2022, then grew by 8.33% to $20.1 million in 2023, then rose by 19.45% to $24.0 million in 2024, then gained by 1.06% to $24.2 million in 2025, then grew by 3.37% to $25.0 million in 2026.
- Business Quant data shows INBK's Operating Expenses at $25.0 million in Q1 2026, $24.2 million in Q4 2025, and $25.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.99 Bn | 84.80 Bn | - | - |
| 2 | Pnc Financial Services | 97.92 Bn | 97.92 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.43 Bn | 96.43 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 74.98 Bn | -144.11 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.20 Bn | -81.12 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 70.97 Bn | 57.29 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.80 Bn | 61.80 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.92 Bn | 26.20 Bn | - | 2.11 Bn |
| 10 | First Internet Bancorp | 251.50 Mn | -159.47 Mn | - | 26.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.12 Mn |
| Mar 31, 2026 | 25.03 Mn |
| Dec 31, 2025 | 24.21 Mn |
| Sep 30, 2025 | 25.46 Mn |
| Jun 30, 2025 | 21.80 Mn |
| Mar 31, 2025 | 23.56 Mn |
| Dec 31, 2024 | 23.96 Mn |
| Sep 30, 2024 | 22.79 Mn |
| Jun 30, 2024 | 22.34 Mn |
| Mar 31, 2024 | 21.02 Mn |
| Dec 31, 2023 | 20.06 Mn |
| Sep 30, 2023 | 19.76 Mn |
| Jun 30, 2023 | 18.67 Mn |
| Mar 31, 2023 | 20.95 Mn |
| Dec 31, 2022 | 18.51 Mn |
| Sep 30, 2022 | 18.00 Mn |
| Jun 30, 2022 | 17.99 Mn |
| Mar 31, 2022 | 18.78 Mn |
| Dec 31, 2021 | 16.96 Mn |
| Sep 30, 2021 | 14.45 Mn |