First Historical Income Statement

INBKZ Stock  USD 24.93  0.07  0.28%   
Historical analysis of First Internet income statement accounts such as Selling General Administrative of 59.6 M or Selling And Marketing Expenses of 1.7 M can show how well First Internet Bancorp performed in making a profits. Evaluating First Internet income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Internet's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining First Internet Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Internet Bancorp is a good buy for the upcoming year.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

About First Income Statement Analysis

First Internet Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Internet shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Internet Income Statement Chart

At this time, First Internet's Net Income Applicable To Common Shares is fairly stable compared to the past year. Tax Provision is likely to rise to about 3.3 M in 2025, whereas Selling And Marketing Expenses is likely to drop slightly above 1.7 M in 2025.

Total Revenue

Total revenue comprises all receipts First Internet Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of First Internet Bancorp minus its cost of goods sold. It is profit before First Internet operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on First Internet Bancorp income statement and represents the costs associated with goods and services First Internet provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from First Internet's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Internet Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
At this time, First Internet's Net Income Applicable To Common Shares is fairly stable compared to the past year. Tax Provision is likely to rise to about 3.3 M in 2025, whereas Selling And Marketing Expenses is likely to drop slightly above 1.7 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense59.8M164.5M204.5M214.7M
Depreciation And Amortization8.7M5.7M8.5M8.9M

First Internet income statement Correlations

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0.440.770.620.140.720.50.740.10.10.130.770.610.1-0.960.14-0.090.5-0.30.40.37
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First Internet Account Relationship Matchups

First Internet income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization7.8M8.8M8.7M5.7M8.5M8.9M
Interest Expense72.3M47.3M59.8M164.5M204.5M214.7M
Selling General Administrative36.0M39.4M42.7M49.2M56.8M59.6M
Selling And Marketing Expenses1.7M3.3M3.6M2.6M2.6M1.7M
Total Revenue171.2M162.1M173.7M259.9M333.4M350.1M
Gross Profit89.5M113.7M108.9M78.6M111.7M117.3M
Other Operating Expenses137.3M105.5M133.6M254.9M305.9M321.2M
Operating Income33.9M56.6M40.1M4.9M27.5M16.9M
Ebit33.9M56.6M40.1M4.9M27.5M16.9M
Ebitda41.7M65.3M48.8M10.7M36.0M20.9M
Cost Of Revenue81.6M48.4M64.8M181.2M221.7M232.8M
Total Operating Expenses55.6M57.2M68.8M73.7M84.2M88.4M
Income Before Tax33.9M56.6M40.1M4.9M27.5M16.9M
Total Other Income Expense Net(3.9M)(1.2M)(1.2M)(3.9M)(258.0M)(245.1M)
Net Income29.5M48.1M35.5M8.4M25.3M14.3M
Income Tax Expense4.4M8.5M4.6M(3.5M)2.3M2.6M

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When running First Internet's price analysis, check to measure First Internet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Internet is operating at the current time. Most of First Internet's value examination focuses on studying past and present price action to predict the probability of First Internet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Internet's price. Additionally, you may evaluate how the addition of First Internet to your portfolios can decrease your overall portfolio volatility.