First Internet Bancorp (INBK) Rent Expense (2012 - 2026)
First Internet Bancorp (INBK) recorded quarterly Rent Expense of $3.7 million in Q1 2026, down 0.78% quarter-over-quarter from $3.7 million in Q4 2025, and up 18.01% on a YoY basis from $3.1 million in Q1 2025.
First Internet Bancorp (INBK) Rent Expense (2012 - 2026) Analysis & Trends
First Internet Bancorp's Rent Expense history runs 15 years deep, the most recent figure standing at $3.7 million for Q1 2026.
- In Q1 2026, Rent Expense rose 18.01% year-over-year to $3.7 million; the TTM figure through Mar 2026 stood at $14.2 million (up 16.76% YoY), while the FY2025 annual figure was $13.7 million, up 14.88% from the prior year.
- Rent Expense was $3.7 million for Q1 2026 at First Internet Bancorp, down from $3.7 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $3.7 million in Q4 2025 to a low of $2.3 million in Q3 2023.
- Historically, Rent Expense has averaged $3.0 million across 5 years, with a median of $2.9 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Rent Expense jumped 66.45% in 2022, then dropped 17.56% in 2023.
- A 5-year view of Rent Expense shows it stood at $2.9 million in 2022, then fell by 2.57% to $2.8 million in 2023, then climbed by 5.55% to $3.0 million in 2024, then gained by 23.34% to $3.7 million in 2025, then dropped by 0.78% to $3.7 million in 2026.
- The last three Rent Expense figures came in at $3.7 million (Q1 2026), $3.7 million (Q4 2025), and $3.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | First Internet Bancorp | 229.71 Mn | -372.09 Mn | - | 3.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.68 Mn |
| Mar 31, 2026 | 3.68 Mn |
| Dec 31, 2025 | 3.71 Mn |
| Dec 31, 2025 | 3.71 Mn |
| Sep 30, 2025 | 3.57 Mn |
| Sep 30, 2025 | 3.57 Mn |
| Jun 30, 2025 | 3.28 Mn |
| Jun 30, 2025 | 3.28 Mn |
| Mar 31, 2025 | 3.12 Mn |
| Mar 31, 2025 | 3.12 Mn |
| Dec 31, 2024 | 3.00 Mn |
| Dec 31, 2024 | 3.00 Mn |
| Sep 30, 2024 | 2.92 Mn |
| Sep 30, 2024 | 2.92 Mn |
| Jun 30, 2024 | 3.15 Mn |
| Jun 30, 2024 | 3.15 Mn |
| Mar 31, 2024 | 2.83 Mn |
| Mar 31, 2024 | 2.83 Mn |
| Dec 31, 2023 | 2.85 Mn |
| Dec 31, 2023 | 2.85 Mn |