First Internet Bancorp (INBK) Tax Provisions (2012 - 2026)
First Internet Bancorp (INBK) posted Tax Provisions of -$780000.0 for Q2 2026, down 7.59% on a QoQ basis from -$725000.0 in Q1 2026, and up 62.03% year-over-year from -$481406.2 in Q2 2025.
Analysis
First Internet Bancorp (INBK) Tax Provisions (2012 - 2026) Analysis & Trends
First Internet Bancorp has reported Tax Provisions for 15 years, with the latest figure at -$780000.0 in Q2 2026.
- On a quarterly basis, Tax Provisions rose 62.03% year-over-year to -$780000.0 in Q2 2026; TTM through Jun 2026 was -$14.2 million, a 959.67% decrease from a year earlier, with the FY2025 full-year figure at -$15.7 million, down 792.89% from the prior year.
- Tax Provisions was -$780000.0 for Q2 2026 at First Internet Bancorp, down from -$725000.0 in the prior quarter.
- The five-year high for Tax Provisions was $1.8 million in Q1 2022, with the low at -$13.0 million in Q3 2025.
- Average Tax Provisions over 5 years is -$769833.3, with a median of -$10500.0 recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions surged 290.18% in 2024, then plunged 2188.71% in 2025.
- Over 5 years, Tax Provisions stood at $503000.0 in 2022, then plunged by 216.3% to -$585000.0 in 2023, then surged by 270.77% to $999000.0 in 2024, then plunged by 78.68% to $213000.0 in 2025, then sank by 466.2% to -$780000.0 in 2026.
- The last three Tax Provisions figures came in at -$780000.0 (Q2 2026), -$725000.0 (Q1 2026), and $213000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -51.13 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 262.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 235.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 245.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 165.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 168.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 148.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 139.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 219.00 Mn |
| 10 | First Internet Bancorp | 242.53 Mn | -168.44 Mn | - | -780,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -780,000.00 |
| Mar 31, 2026 | -725,000.00 |
| Dec 31, 2025 | 213,000.00 |
| Sep 30, 2025 | -12.95 Mn |
| Jun 30, 2025 | -2.05 Mn |
| Mar 31, 2025 | -909,000.00 |
| Dec 31, 2024 | 999,000.00 |
| Sep 30, 2024 | 620,000.00 |
| Jun 30, 2024 | 218,000.00 |
| Mar 31, 2024 | 429,000.00 |
| Dec 31, 2023 | -585,000.00 |
| Sep 30, 2023 | -326,000.00 |
| Jun 30, 2023 | -234,000.00 |
| Mar 31, 2023 | -2.33 Mn |
| Dec 31, 2022 | 503,000.00 |
| Sep 30, 2022 | 987,000.00 |
| Jun 30, 2022 | 1.28 Mn |
| Mar 31, 2022 | 1.79 Mn |
| Dec 31, 2021 | 2.00 Mn |
| Sep 30, 2021 | 2.22 Mn |