First Internet Bancorp (INBK) Tax Rate (2012 - 2025)
First Internet Bancorp (INBK) posted Tax Rate of -49.15% for Q2 2026, down 159.52 percentage points from 110.37% a year earlier and down 8.51 percentage points from the prior quarter.
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Analysis
First Internet Bancorp (INBK) Tax Rate (2012 - 2025) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at First Internet Bancorp was 31.18%, up 40.71 percentage points year-over-year; for FY2025, it came in at 30.87%, up 22.64 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +17.75 percentage points (FY2020 to FY2025).
- In prior years, First Internet Bancorp's Tax Rate was 8.23% in FY2024 (+78.61 pp), -70.38% in FY2023 (-81.75 pp), 11.37% in FY2022 (-3.58 pp) and 14.95% in FY2021 (+1.84 pp).
- The Q2 2026 figure stands as the lowest quarterly Tax Rate since Q1 2025.
- On a year-over-year basis, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of -5.81 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q1 2026, with a gain of 2632.89 percentage points; the weakest was Q1 2025, with a drop of 2681.18 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was -40.64% (Q1 2026), 3.87% (Q4 2025) and 23.74% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 3.87% |
| Dec 31, 2024 | 11.99% |
| Sep 30, 2024 | 8.15% |
| Jun 30, 2024 | 3.64% |
| Mar 31, 2024 | 7.65% |
| Dec 31, 2022 | 7.34% |
| Sep 30, 2022 | 10.47% |
| Jun 30, 2022 | 11.82% |
| Mar 31, 2022 | 13.77% |
| Dec 31, 2021 | 13.84% |
| Sep 30, 2021 | 15.51% |
| Jun 30, 2021 | 15.36% |
| Mar 31, 2021 | 15.09% |
| Dec 31, 2020 | 21.60% |
| Sep 30, 2020 | 14.23% |
| Mar 31, 2020 | 4.19% |
| Dec 31, 2019 | 7.82% |
| Sep 30, 2019 | 6.63% |
| Jun 30, 2019 | 5.26% |
| Mar 31, 2019 | 8.45% |
API Access
First Internet Bancorp Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=INBK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "INBK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=INBK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();