First Internet Bancorp (INBK) Rent Expense (2012 - 2026)
First Internet Bancorp (INBK) posted Rent Expense of $3.7 million for Q2 2026, up 1.14% on a QoQ basis from $3.7 million in Q1 2026, and up 13.32% year-over-year from $3.3 million in Q2 2025.
Analysis
First Internet Bancorp (INBK) Rent Expense (2012 - 2026) Analysis & Trends
First Internet Bancorp has reported Rent Expense for 15 years, with the latest figure at $3.7 million in Q2 2026.
- On a quarterly basis, Rent Expense rose 13.32% year-over-year to $3.7 million in Q2 2026; TTM through Jun 2026 was $14.7 million, a 19.1% increase from a year earlier, with the FY2025 full-year figure at $13.7 million, up 14.88% from the prior year.
- Rent Expense was $3.7 million for Q2 2026 at First Internet Bancorp, up from $3.7 million in the prior quarter.
- The five-year high for Rent Expense was $3.7 million in Q2 2026, with the low at $2.3 million in Q3 2023.
- Average Rent Expense over 5 years is $3.0 million, with a median of $2.9 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Rent Expense surged 66.45% in 2022, then declined 17.56% in 2023.
- Over 5 years, Rent Expense stood at $2.9 million in 2022, then retreated by 2.57% to $2.8 million in 2023, then grew by 5.55% to $3.0 million in 2024, then advanced by 23.34% to $3.7 million in 2025, then advanced by 0.35% to $3.7 million in 2026.
- The last three Rent Expense figures came in at $3.7 million (Q2 2026), $3.7 million (Q1 2026), and $3.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 73.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 68.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 59.00 Mn |
| 10 | First Internet Bancorp | 242.53 Mn | -168.44 Mn | - | 3.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.72 Mn |
| Mar 31, 2026 | 3.68 Mn |
| Dec 31, 2025 | 3.71 Mn |
| Sep 30, 2025 | 3.57 Mn |
| Jun 30, 2025 | 3.28 Mn |
| Mar 31, 2025 | 3.12 Mn |
| Dec 31, 2024 | 3.00 Mn |
| Sep 30, 2024 | 2.92 Mn |
| Jun 30, 2024 | 3.15 Mn |
| Mar 31, 2024 | 2.83 Mn |
| Dec 31, 2023 | 2.85 Mn |
| Sep 30, 2023 | 2.32 Mn |
| Jun 30, 2023 | 2.66 Mn |
| Mar 31, 2023 | 2.78 Mn |
| Dec 31, 2022 | 2.92 Mn |
| Sep 30, 2022 | 2.81 Mn |
| Jun 30, 2022 | 2.42 Mn |
| Mar 31, 2022 | 2.54 Mn |
| Dec 31, 2021 | 2.19 Mn |
| Sep 30, 2021 | 1.69 Mn |