First Internet Bancorp (INBK) Operating Expenses (2012 - 2026)
First Internet Bancorp (INBK) posted Operating Expenses of $26.1 million for Q2 2026, up 4.38% on a QoQ basis from $25.0 million in Q1 2026, and up 19.83% year-over-year from $21.8 million in Q2 2025.
Analysis
First Internet Bancorp (INBK) Operating Expenses (2012 - 2026) Analysis & Trends
First Internet Bancorp has reported Operating Expenses for 15 years, with the latest figure at $26.1 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 19.83% year-over-year to $26.1 million in Q2 2026; TTM through Jun 2026 was $100.8 million, a 9.46% increase from a year earlier, with the FY2025 full-year figure at $95.0 million, up 5.46% from the prior year.
- Operating Expenses was $26.1 million for Q2 2026 at First Internet Bancorp, up from $25.0 million in the prior quarter.
- The five-year high for Operating Expenses was $26.1 million in Q2 2026, with the low at $18.0 million in Q2 2022.
- Average Operating Expenses over 5 years is $21.6 million, with a median of $21.4 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses gained 24.52% in 2022, then declined 2.4% in 2025.
- Over 5 years, Operating Expenses stood at $18.5 million in 2022, then rose by 8.33% to $20.1 million in 2023, then advanced by 19.45% to $24.0 million in 2024, then climbed by 1.06% to $24.2 million in 2025, then climbed by 7.89% to $26.1 million in 2026.
- The last three Operating Expenses figures came in at $26.1 million (Q2 2026), $25.0 million (Q1 2026), and $24.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 1.12 Bn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 1.22 Bn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 1.55 Bn |
| 10 | First Internet Bancorp | 242.53 Mn | -168.44 Mn | - | 26.12 Mn |
Historic Data
Download Data
Historic 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 |