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First Internet Bancorp INBK Deferred Stock Right, Conversion to Common Stock

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Other financials

Income statement

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Revenue$41.1M+22.6%
Net income$2.4M+1,126%
EPS (diluted)$0.27+1,250%

Balance sheet

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Cash & equivalents$411.0M-7.9%
Total debt$239.1M-10.2%
Total equity$363.5M-6.8%
Total assets$5.6B-8.5%

Cash flow

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Operating cash flow$24.3M+127%
CapEx$21.0K-96.8%
Free cash flow$24.3M+127%

Valuation

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Market cap$255.54M+28.2%
Enterprise value$83.69M+334%
P/S1.9×+0.5×

Profitability

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Net margin-29%-47.0pp
FCF margin121.5%

Returns & leverage

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Return on equity-9%-15.0pp
Debt / equity0.7×0.0×

Where this comes from

Reported directly by First Internet Bancorp in its filing.

Tagged under the XBRL concept inbk:DeferredStockRightConversionToCommonStock.

The source filing: First Internet Bancorp’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001562463-26-000088

Until January 2014, the Company had a practice of granting awards under a stock compensation plan for members of the Board of Directors (“Directors Deferred Stock Plan”). The Company reserved 180,000 shares of common stock that could have been issued pursuant to the Directors Deferred Stock Plan. The plan provided directors the option to elect to receive up to 100% of their annual retainer in either common stock or deferred stock rights. Deferred stock rights were to be settled in common stock following the end of the deferral period payable on the basis of one share of common stock for each deferred stock right.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is First Internet Bancorp's deferred stock right, conversion to common stock?
First Internet Bancorp (INBK) reported deferred stock right, conversion to common stock of $1 in Q4 2025.
What does deferred stock right, conversion to common stock mean?
Deferred Stock Right, Conversion to Common Stock as reported by First Internet Bancorp.

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