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First Internet Bancorp (INBK) Revenue & Revenue Breakdown

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First Internet Bancorp Revenue Highlights

Latest Revenue (Y)

$291.89M

Latest Revenue (Q)

$71.97M

Main Segment (Y)

Loan Servicing

First Internet Bancorp Revenue by Period

First Internet Bancorp Revenue by Year

DateRevenueChange
2024-12-31$291.89M245.94%
2023-12-31$84.38M-25.58%
2022-12-31$113.37M-4.22%
2021-12-31$118.37M29.29%
2020-12-31$91.55M24.07%
2019-12-31$73.79M9.91%
2018-12-31$67.14M12.55%
2017-12-31$59.65M20.66%
2016-12-31$49.44M26.93%
2015-12-31$38.95M33.79%
2014-12-31$29.11M9.28%
2013-12-31$26.64M9.13%
2012-12-31$24.41M32.62%
2011-12-31$18.41M2.56%
2010-12-31$17.95M5.88%
2009-12-31$16.95M14.02%
2008-12-31$14.87M6.67%
2007-12-31$13.94M24.36%
2006-12-31$11.21M6.48%
2005-12-31$10.53M-

First Internet Bancorp generated $291.89M in revenue during NA 2024, up 245.94% compared to the previous quarter, and up 395.56% compared to the same period a year ago.

First Internet Bancorp Revenue by Quarter

DateRevenueChange
2025-06-30$71.97M-16.07%
2025-03-31$85.75M-7.17%
2024-12-31$92.37M8.01%
2024-09-30$85.52M6.37%
2024-06-30$80.40M7.01%
2024-03-31$75.13M3.87%
2023-12-31$72.33M4.67%
2023-09-30$69.10M9.82%
2023-06-30$62.92M13.37%
2023-03-31$55.50M10.00%
2022-12-31$50.46M19.36%
2022-09-30$42.27M6.41%
2022-06-30$39.73M-3.74%
2022-03-31$41.27M0.10%
2021-12-31$41.23M1.90%
2021-09-30$40.46M3.03%
2021-06-30$39.27M-4.49%
2021-03-31$41.12M-9.96%
2020-12-31$45.67M1.86%
2020-09-30$44.84M15.57%
2020-06-30$38.80M-7.31%
2020-03-31$41.86M-2.64%
2019-12-31$42.99M-0.03%
2019-09-30$43.01M7.50%
2019-06-30$40.01M7.96%
2019-03-31$37.06M9.99%
2018-12-31$33.69M5.37%
2018-09-30$31.98M9.01%
2018-06-30$29.33M3.71%
2018-03-31$28.28M69.16%
2017-12-31$16.72M-2.02%
2017-09-30$17.06M10.36%
2017-06-30$15.46M15.60%
2017-03-31$13.38M-1.15%
2016-12-31$13.53M-9.73%
2016-09-30$14.99M16.19%
2016-06-30$12.90M12.06%
2016-03-31$11.51M18.02%
2015-03-31$9.76M17.19%
2014-12-31$8.32M11.94%
2014-09-30$7.44M8.13%
2014-06-30$6.88M9.58%
2014-03-31$6.28M5.78%
2013-12-31$5.93M1.92%
2013-09-30$5.82M-24.19%
2013-06-30$7.68M10.28%
2013-03-31$6.96M-10.65%
2012-12-31$7.79M13.98%
2012-09-30$6.84M17.82%
2012-06-30$5.80M-1.58%
2012-03-31$5.89M60.02%
2008-12-31$3.68M-6.27%
2008-09-30$3.93M3.90%
2008-06-30$3.78M9.00%
2008-03-31$3.47M-11.83%
2007-12-31$3.94M17.04%
2007-09-30$3.36M5.36%
2007-06-30$3.19M-7.37%
2007-03-31$3.45M16.38%
2006-12-31$2.96M9.58%
2006-09-30$2.70M-3.53%
2006-06-30$2.80M2.11%
2006-03-31$2.74M0.69%
2005-12-31$2.72M5.78%
2005-09-30$2.58M100.00%
2005-06-30--

First Internet Bancorp generated $71.97M in revenue during Q2 2025, up -16.07% compared to the previous quarter, and up 95.80% compared to the same period a year ago.

First Internet Bancorp Revenue Breakdown

First Internet Bancorp Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Bank Servicing$959.00K$851.00K$1.07M$1.11M$824.00K
Loan Servicing Asset Revaluation$-2.54M$-1.46M$-1.64M$-1.07M$-432.00K
Loan Servicing$6.19M$3.83M$2.57M$1.93M$1.16M
Mortgage Banking-$76.00K$5.46M$15.05M$24.69M

First Internet Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 24: Loan Servicing (134.23%), Bank Servicing (20.80%), and Loan Servicing Asset Revaluation (-55.03%).

Quarterly Revenue by Product

Product/ServiceJun 25Mar 25Dec 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Loan Servicing$1.98M$1.98M$4.87M$1.32M$1.48M$850.00K$785.00K$715.00K$653.00K$620.00K$585.00K$544.00K$511.00K$457.00K$422.00K$379.00K$274.00K$255.00K$251.00K-
Bank Servicing$278.00K$265.00K$739.00K$220.00K$198.00K$218.00K$209.00K$226.00K$248.00K$281.00K$316.00K$292.00K$276.00K$280.00K$266.00K$206.00K$224.00K$182.00K$212.00K$213.00K
Loan Servicing Asset Revaluation$-1.15M$-1.18M-$-434.00K-$-358.00K$-55.00K$-539.00K$-333.00K$-470.00K$-297.00K$-400.00K$-274.00K$-240.00K$-155.00K$-60.00K$-103.00K$-90.00K$-179.00K-
Mortgage Banking------$76.00K$1.01M$871.00K$1.71M$1.87M$2.78M$3.85M$2.67M$5.75M$7.99M$9.63M$3.41M$3.67M$2.95M

First Internet Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Loan Servicing (179.26%), Bank Servicing (25.18%), and Loan Servicing Asset Revaluation (-104.44%).

First Internet Bancorp Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
INBKFirst Internet Bancorp$291.89M$71.97M
LNKBLINKBANCORP$167.59M$39.33M
ISTRInvestar$143.87M$37.93M
FNWDFinward Bancorp$71.60M$22.67M
FCCOFirst Community$14.00M$28.38M
MVBFMVB Financial-$48.03M
CHMGChemung Financial-$22.33M
FMAOFarmers & Merchants Bancorp-$-44.45M
GSBCGreat Southern Bancorp-$89.19M

INBK Revenue FAQ

What is First Internet Bancorp’s yearly revenue?

First Internet Bancorp's yearly revenue for 2024 was $291.89M, representing an increase of 245.94% compared to 2023. The company's yearly revenue for 2023 was $84.38M, representing a decrease of -25.58% compared to 2022. INBK's yearly revenue for 2022 was $113.37M, representing a decrease of -4.22% compared to 2021.

What is First Internet Bancorp’s quarterly revenue?

First Internet Bancorp's quarterly revenue for Q2 2025 was $71.97M, a -16.07% decrease from the previous quarter (Q1 2025), and a -10.48% decrease year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $85.74M, a -7.17% decrease from the previous quarter (Q4 2024), and a 14.13% increase year-over-year (Q1 2024). INBK's quarterly revenue for Q4 2024 was $92.37M, a 8.01% increase from the previous quarter (Q3 2024), and a 27.71% increase year-over-year (Q4 2023).

What is First Internet Bancorp’s revenue growth rate?

First Internet Bancorp's revenue growth rate for the last 3 years (2022-2024) was 157.46%, and for the last 5 years (2020-2024) was 218.82%.

What are First Internet Bancorp’s revenue streams?

First Internet Bancorp's revenue streams in c 24 are Bank Servicing, Loan Servicing Asset Revaluation, and Loan Servicing. Bank Servicing generated $959K in revenue, accounting 20.80% of the company's total revenue, up 12.69% year-over-year. Loan Servicing Asset Revaluation generated $-2.537M in revenue, accounting -55.03% of the company's total revenue, up 73.41% year-over-year. Loan Servicing generated $6.19M in revenue, accounting 134.23% of the company's total revenue, up 61.44% year-over-year.

What is First Internet Bancorp’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of First Internet Bancorp was Loan Servicing. This segment made a revenue of $6.19M, representing 134.23% of the company's total revenue.