First Internet Bancorp (INBK) Research & Development (2012 - 2026)
First Internet Bancorp (INBK) recorded quarterly Research & Development of $775000.0 in Q1 2026, up 8.85% quarter-over-quarter from $712000.0 in Q4 2025, and up 22.05% on a YoY basis from $635000.0 in Q1 2025.
First Internet Bancorp (INBK) Research & Development (2012 - 2026) Analysis & Trends
First Internet Bancorp's Research & Development history runs 15 years deep, the most recent figure standing at $775000.0 for Q1 2026.
- In Q1 2026, Research & Development rose 22.05% year-over-year to $775000.0; the TTM figure through Mar 2026 stood at $2.8 million (up 10.92% YoY), while the FY2025 annual figure was $2.7 million, up 8.42% from the prior year.
- Research & Development was $775000.0 for Q1 2026 at First Internet Bancorp, up from $712000.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $775000.0 in Q1 2026 to a low of $449000.0 in Q1 2022.
- Historically, Research & Development has averaged $602294.1 across 5 years, with a median of $606000.0 in 2024.
- The sharpest annual moves came in 2023 and 2024: Research & Development soared 46.77% in 2023, then declined 14.42% in 2024.
- A 5-year view of Research & Development shows it stood at $567000.0 in 2022, then slipped by 13.05% to $493000.0 in 2023, then climbed by 22.31% to $603000.0 in 2024, then rose by 18.08% to $712000.0 in 2025, then gained by 8.85% to $775000.0 in 2026.
- The last three Research & Development figures came in at $775000.0 (Q1 2026), $712000.0 (Q4 2025), and $651000.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (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 | - | 1.10 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 554,000.00 |
| 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 | - | 775,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 382,000.00 |