First Internet Bancorp
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $116.5M | $134.7M | $101.0M | $118.4M | $119.4M | $100.9M | $11.5M | $5.7M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $-50.9M | $27.5M | $169.5M | $99.9M | $103.9M | $106.2M | $111.6M | $77.2M |
| Operating Margin | -43.7% | 20.4% | 167.8% | 84.4% | 87.0% | 105.3% | 967.0% | 1,349.3% |
| Interest Expense | — | — | $164.5M | $59.8M | $47.3M | $72.3M | $84.4M | $53.2M |
| Pretax Income | $-50.9M | $27.5M | $4.9M | $40.1M | $56.6M | $33.9M | $27.2M | $24.0M |
| Income Tax Expense | $-15.7M | $2.3M | $-3.5M | $4.6M | $8.5M | $4.4M | $1.9M | $2.1M |
| Net Income | $-35.2M | $25.3M | $8.4M | $35.5M | $48.1M | $29.5M | $25.2M | $21.9M |
| Net Margin | -30.2% | 18.8% | 8.3% | 30.0% | 40.3% | 29.2% | 218.7% | 383.0% |
| EPS (Basic) | $-4.03 | $2.91 | $0.95 | $3.73 | $4.85 | $2.99 | $2.51 | $2.31 |
| EPS (Diluted) | $-4.03 | $2.88 | $0.95 | $3.70 | $4.82 | $2.99 | $2.51 | $2.30 |
| Shares Outstanding (Basic) | 8.7M | 8.7M | 8.8M | 9.5M | 9.9M | 9.8M | 10.0M | 9.5M |
| Shares Outstanding (Diluted) | 8.7M | 8.8M | 8.9M | 9.6M | 10.0M | 9.8M | 10.0M | 9.5M |
| Dividends Per Share | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 |