In the Q2, First Internet Bancorp's corporate clients experienced a reduction by -1.76 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 8.61 %. During the corresponding time, First Internet Bancorp recorded a revenue increase by 38.97 % year on year, sequentially revenue grew by 3.35 %. While revenue at the First Internet Bancorp's corporate clients recorded rose by 4.16 % year on year, sequentially revenue grew by 15.33 %.
Customers of First Internet Bancorp saw their costs of revenue decrease by -1.76 % in Q2 compare to a year ago, sequentially costs of revenue grew by 8.61 %, for the same period First Internet Bancorp recorded revenue increase by 38.97 % year on year, sequentially revenue grew by 3.35 %.
First Internet Bancorp's Comment on Sales, Marketing and Customers
The company serves emerging small businesses and entrepreneurs nationwide, offering a full range of financial services. It ranked as the 7th largest Small Business Administration (SBA) 7(a) lender for the SBA's 2025 fiscal year. The company provides small business checking accounts, as well as payment, deposit, card, and lending products through partnerships with financial technology companies and platforms. These partnerships support small business relationships and diversify the company's revenue sources.
First Internet Bancorp’s Comment on Sales, Marketing and Customers
The company serves emerging small businesses and entrepreneurs nationwide, offering a full range of financial services. It ranked as the 7th largest Small Business Administration (SBA) 7(a) lender for the SBA's 2025 fiscal year. The company provides small business checking accounts, as well as payment, deposit, card, and lending products through partnerships with financial technology companies and platforms. These partnerships support small business relationships and diversify the company's revenue sources.
Sources:
First Internet Bancorp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: First Internet Bancorp’s corporate clients.
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