First Internet Bancorp (INBK) Operating Expenses (2012 - 2026)
First Internet Bancorp (INBK) recorded quarterly Operating Expenses of $25.0 million in Q1 2026, up 3.37% quarter-over-quarter from $24.2 million in Q4 2025, and up 6.24% on a YoY basis from $23.6 million in Q1 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 was $25.0 million for Q1 2026 at First Internet Bancorp, up from $24.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $25.5 million in Q3 2025 to a low of $18.0 million in Q2 2022.
- Historically, Operating Expenses has averaged $21.3 million across 5 years, with a median of $21.0 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses rose 24.52% in 2022, then dropped 2.4% in 2025.
- A 5-year view of Operating Expenses shows it stood at $18.5 million in 2022, then increased by 8.33% to $20.1 million in 2023, then gained by 19.45% to $24.0 million in 2024, then advanced by 1.06% to $24.2 million in 2025, then increased by 3.37% to $25.0 million in 2026.
- The last three Operating Expenses figures came in at $25.0 million (Q1 2026), $24.2 million (Q4 2025), and $25.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | First Internet Bancorp | 229.71 Mn | -372.09 Mn | - | 25.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 15.08 Mn |