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First Internet Bancorp (INBK) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 4, 2026 · First Internet Bancorp (INBK) Q3 2026 earnings results →
Q3 2026 Revenue up 670% year over year to $43.9M · 11¢ of every $1 of revenue kept as net profit · operating margin 11.5%
First Internet Bancorp made $43.9M in Q3 2026 (+670% Y/Y): Net interest income $34.7M, Noninterest income $9.2M. Operating margin 11.5%, net earnings $4.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 4, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $43.9M in Q3 2026, up 670% year over year and up 7% from the previous quarter. Net interest income was the largest line at 79% of revenue. Noninterest income added $33.8M year over year, 89% of the total change.
Operating profit was $5.1M, a 11.5% margin (up 967.6 points year over year). Total costs fell 35% while revenue rose 670%. Net earnings were $4.8M. The effective tax rate was 4.7%.
Operating cash flow was $29.4M (down 21% year over year), 610% of net earnings. Non-cash charges added back $1.0M of depreciation and amortization and $515K of share-based compensation. Working capital and other items added $23.1M. Capital expenditures of $44K left free cash flow of $29.4M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 4, 2026 | $43.9M | +670% | 11.5% | $4.8M | $29.4M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About First Internet Bancorp
When we refer to “First Internet Bancorp,” the “Company,” “we,” “us” and “our” in the remainder of this Annual Report on Form 10-K, we mean First Internet Bancorp and its consolidated subsidiaries, unless the context indicates otherwise. References to “First Internet Bank” or the “Bank” refer to First Internet Bank of Indiana, an Indiana chartered bank and wholly-owned subsidiary of the Company. First Internet Bancorp is a bank holding company headquartered in Fishers, Indiana that conducts its primary business activities through its wholly-owned subsidiary, First Internet Bank of Indiana, an Indiana chartered bank. The Bank was the first state-chartered, Federal Deposit Insurance Corporation (“FDIC”) insured Internet bank and commenced banking operations in 1999. First Internet Bancorp was incorporated under the laws of the State of Indiana on September 15, 2005.
In its own words, from its 10-K, filed Mar 11, 2026.
First Internet Bancorp against its State Commercial Banks peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +670% against the peers' median +12%. Operating margin: 11.5% against the peers' median 34.6%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| INBK First Internet Bancorp | Q3 2026 | $43.9M | +670% | 11.5% |
| BNY Bank of New York Mellon | Q3 2026 | $5.7B | +12% | 38.5% |
| STT State Street | Q3 2026 | $4.0B | +13% | 34.7% |
| FITB Fifth Third Bancorp | Q3 2026 | $3.3B | +42% | 33.8% |
| MTB M&T Bank | Q3 2026 | $2.5B | +0.9% | 39.7% |
| FCNCA First Citizens Bancshares | Q3 2026 | $2.4B | 0% | 33.1% |
| ALLY Ally Financial | Q3 2026 | $2.3B | +8% | 24.3% |
| CFG Citizens Financial Group | Q3 2026 | $2.3B | +10% | 34.6% |
| NTRS Northern Trust | Q3 2026 | $2.3B | +13% | 34.7% |
Source: First Internet Bancorp 10-Q on SEC EDGAR · CIK 1562463 · State Commercial Banks
Guidance and outlook
13F: who owns INBK and who is buying
More on INBK
- How First Internet Bancorp makes money: revenue by segment
- First Internet Bancorp next earnings date and what analysts expect
- First Internet Bancorp stock forecast, price target and fair value
- Who owns First Internet Bancorp stock: holders, funds and Congress trades
- First Internet Bancorp guidance and outlook
History
Every quarter: Q3 2026 results