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First Internet Bancorp (FRA:45H) Tax Rate % : 7.65% (As of Mar. 2024)


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What is First Internet Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. First Internet Bancorp's Tax Expense for the three months ended in Mar. 2024 was €0.40 Mil. First Internet Bancorp's Pre-Tax Income for the three months ended in Mar. 2024 was €5.16 Mil. Therefore, First Internet Bancorp's Tax Rate % for the quarter that ended in Mar. 2024 was 7.65%.


First Internet Bancorp Tax Rate % Historical Data

The historical data trend for First Internet Bancorp's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Internet Bancorp Tax Rate % Chart

First Internet Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.06 13.11 14.95 11.37 -70.38

First Internet Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.59 -6.42 -10.56 -16.43 7.65

First Internet Bancorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

First Internet Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=-3.188/4.53
=-70.38 %

First Internet Bancorp's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=0.395/5.161
=7.65 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Internet Bancorp Tax Rate % Related Terms

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First Internet Bancorp (FRA:45H) Business Description

Traded in Other Exchanges
Address
8701 E. 116th Street, Fishers, IN, USA, 46038
First Internet Bancorp is a bank holding company. Through its subsidiaries, it provides commercial real estate (CRE) lending, including nationwide single tenant lease financing and commercial and industrial (C&I) lending, including business banking/treasury management services. The company offers its products and services through the internet and does not have any branches. With operations organized into a single segment called the Commercial Banking segment, it also provides retail banking services.

First Internet Bancorp (FRA:45H) Headlines

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