First Internet Bancorp (INBK) Rent Expense (2012 - 2026)
First Internet Bancorp (INBK) posted quarterly Rent Expense of $3.7 million for Q1 2026, up 18.01% year-over-year from $3.1 million in Q1 2025, and down 0.78% quarter-over-quarter from $3.7 million in Q4 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 for Q1 2026 stood at $3.7 million, down from $3.7 million in the prior quarter.
- The five-year high for Rent Expense was $3.7 million in Q4 2025, with the low at $2.3 million in Q3 2023.
- The 5-year median for Rent Expense is $2.9 million (2024), against an average of $3.0 million.
- The sharpest annual moves came in 2022 and 2023: Rent Expense soared 66.45% in 2022, then slipped 17.56% in 2023.
- First Internet Bancorp's Rent Expense stood at $2.9 million in 2022, then declined by 2.57% to $2.8 million in 2023, then advanced by 5.55% to $3.0 million in 2024, then rose by 23.34% to $3.7 million in 2025, then slipped by 0.78% to $3.7 million in 2026.
- Business Quant data shows INBK's Rent Expense at $3.7 million in Q1 2026, $3.7 million in Q4 2025, and $3.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.74 Bn | 84.54 Bn | - | - |
| 2 | Pnc Financial Services | 97.95 Bn | 97.95 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.36 Bn | 96.36 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.86 Bn | -144.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.14 Bn | -81.18 Bn | - | - |
| 7 | Nu Holdings | 70.75 Bn | 57.07 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.78 Bn | 61.78 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.89 Bn | 26.17 Bn | - | 154.00 Mn |
| 10 | First Internet Bancorp | 251.50 Mn | -159.47 Mn | - | 3.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.72 Mn |
| Jun 30, 2026 | 3.72 Mn |
| 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 |