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First Business Financial Services vs First Internet Bancorp: FBIZ and INBK compared
First Business Financial Services is the larger company: $47.5M of revenue in its latest quarter (Q3 2026) against $43.9M for First Internet Bancorp (Q3 2026). First Internet Bancorp is growing faster (+670% against +7% a year earlier). First Business Financial Services is more profitable, with an operating margin of 41.0% against 11.5%.
Where the money goes: FBIZ and INBK
First Business Financial Services (FBIZ) · Q3 2026
First Business Financial Services, Q3 2026: revenue $47.5M (+7% year over year), operating margin 41.0%, net earnings $16.6M, operating cash flow $5.5M. The chart follows the revenue to costs, profit and cash.
First Internet Bancorp (INBK) · Q3 2026
First Internet Bancorp, Q3 2026: revenue $43.9M (+670% year over year), operating margin 11.5%, net earnings $4.8M, operating cash flow $29.4M. The chart follows the revenue to costs, profit and cash.
| First Business Financial Services (FBIZ) | First Internet Bancorp (INBK) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $47.5M | $43.9M |
| Revenue growth, Y/Y | +7% | +670% |
| Operating margin | 41.0% | 11.5% |
| Net earnings | $16.6M | $4.8M |
| Net margin | 34.9% | 11.0% |
| Operating cash flow | $5.5M | $29.4M |
| Free cash flow | $5.2M | $29.4M |
Where the revenue comes from
First Business Financial Services
- Net interest income: $39.1M (82%)
- Noninterest income: $8.4M (18%)
First Internet Bancorp
- Net interest income: $34.7M (79%)
- Noninterest income: $9.2M (21%)
Questions
Which is bigger, First Business Financial Services or First Internet Bancorp?
First Business Financial Services is the larger company: $47.5M of revenue in its latest quarter (Q3 2026) against $43.9M for First Internet Bancorp (Q3 2026).
Is First Business Financial Services or First Internet Bancorp growing faster?
First Internet Bancorp is growing faster (+670% against +7% a year earlier).
Which is more profitable, First Business Financial Services or First Internet Bancorp?
First Business Financial Services is more profitable, with an operating margin of 41.0% against 11.5%.
More: First Business Financial Services earnings · how First Business Financial Services makes money · First Internet Bancorp earnings · how First Internet Bancorp makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 30, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.