First Internet Bancorp (INBK) Research & Development (2012 - 2026)
First Internet Bancorp (INBK) posted Research & Development of $774000.0 for Q2 2026, little changed on a QoQ basis from $775000.0 in Q1 2026, and up 17.99% year-over-year from $656000.0 in Q2 2025.
Analysis
First Internet Bancorp (INBK) Research & Development (2012 - 2026) Analysis & Trends
First Internet Bancorp has reported Research & Development for 15 years, with the latest figure at $774000.0 in Q2 2026.
- On a quarterly basis, Research & Development rose 17.99% year-over-year to $774000.0 in Q2 2026; TTM through Jun 2026 was $2.9 million, a 13.35% increase from a year earlier, with the FY2025 full-year figure at $2.7 million, up 8.42% from the prior year.
- Research & Development was $774000.0 for Q2 2026 at First Internet Bancorp, roughly flat from $775000.0 in the prior quarter.
- The five-year high for Research & Development was $775000.0 in Q1 2026, with the low at $449000.0 in Q1 2022.
- Average Research & Development over 5 years is $611833.3, with a median of $620500.0 recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Research & Development jumped 46.77% in 2023, then fell 14.42% in 2024.
- Over 5 years, Research & Development stood at $567000.0 in 2022, then dropped by 13.05% to $493000.0 in 2023, then grew by 22.31% to $603000.0 in 2024, then gained by 18.08% to $712000.0 in 2025, then gained by 8.71% to $774000.0 in 2026.
- The last three Research & Development figures came in at $774000.0 (Q2 2026), $775000.0 (Q1 2026), and $712000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | - |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | - |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | - |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 108.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | - |
| 10 | First Internet Bancorp | 242.53 Mn | -168.44 Mn | - | 774,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 774,000.00 |
| Mar 31, 2026 | 775,000.00 |
| Dec 31, 2025 | 712,000.00 |
| Sep 30, 2025 | 651,000.00 |
| Jun 30, 2025 | 656,000.00 |
| Mar 31, 2025 | 635,000.00 |
| Dec 31, 2024 | 603,000.00 |
| Sep 30, 2024 | 675,000.00 |
| Jun 30, 2024 | 606,000.00 |
| Mar 31, 2024 | 564,000.00 |
| Dec 31, 2023 | 493,000.00 |
| Sep 30, 2023 | 701,000.00 |
| Jun 30, 2023 | 520,000.00 |
| Mar 31, 2023 | 659,000.00 |
| Dec 31, 2022 | 567,000.00 |
| Sep 30, 2022 | 483,000.00 |
| Jun 30, 2022 | 490,000.00 |
| Mar 31, 2022 | 449,000.00 |
| Dec 31, 2021 | 425,000.00 |
| Sep 30, 2021 | 380,000.00 |