INBK Stock Overview
Operates as the bank holding company for First Internet Bank of Indiana that provides commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for INBK from our risk checks.
My Notes
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Community Narratives
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SBA Lending Growth And Loan Portfolio Shifts Will Benefit Future Performance
First Internet Bancorp Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$36.11 |
| 52 Week High | US$43.26 |
| 52 Week Low | US$23.05 |
| Beta | 0.71 |
| 1 Month Change | -13.88% |
| 3 Month Change | 8.73% |
| 1 Year Change | 49.28% |
| 3 Year Change | -24.74% |
| 5 Year Change | 49.03% |
| Change since IPO | 273.55% |
Recent News & Updates
Recent updates
Despite Rapid Growth, First Internet Bancorp Deserves A Pass
Sep 22First Internet Bancorp: Bottoming Net Interest Margin Bodes Well For The Future
Jul 04First Internet Bancorp's (NASDAQ:INBK) Dividend Will Be $0.06
Jun 23
First Internet Bancorp: The Recovery Begins
Apr 28First Internet Bancorp: There Is Light At The End Of The Tunnel
Feb 01First Internet Bancorp (NASDAQ:INBK) Is Paying Out A Dividend Of $0.06
Jun 26First Internet Bancorp (NASDAQ:INBK) Has Affirmed Its Dividend Of $0.06
Mar 25First Internet Bancorp (NASDAQ:INBK) Is Paying Out A Dividend Of $0.06
Dec 24Analysts Are More Bearish On First Internet Bancorp (NASDAQ:INBK) Than They Used To Be
Oct 26Treasury Prime partners with First Internet Bank
Oct 18Grabbing A 6.7% Yield With First Internet Bancorp's Debt Securities
Sep 20First Internet Bancorp Non-GAAP EPS of $1.06 misses by $0.07, revenue of $29.99M beats by $3.44M
Jul 21First Internet Bancorp: Strong Topline Growth To Buoy Earnings
Jul 08Is Now The Time To Put First Internet Bancorp (NASDAQ:INBK) On Your Watchlist?
May 03First Internet Bancorp: Management's Plans Likely To Boost The Top Line
Apr 10Shareholder Returns
| INBK | US Banks | US Market | |
|---|---|---|---|
| 7D | -2.1% | 0.1% | -1.1% |
| 1Y | 49.3% | 28.7% | 22.4% |
Return vs Industry: INBK exceeded the US Banks industry which returned 29.4% over the past year.
Return vs Market: INBK exceeded the US Market which returned 23.7% over the past year.
Price Volatility
| INBK volatility | |
|---|---|
| INBK Average Weekly Movement | 8.0% |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: INBK has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: INBK's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | 289 | David Becker | www.firstinternetbancorp.com |
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States. The company accepts non-interest bearing and interest-bearing demand deposit, commercial deposit, savings, money market, and Banking-as-a-Service brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real estate, construction, residential mortgage, home equity, line of credit and home improvement, small installment, term, and other consumer loans, as well as single tenant lease financing, and public and healthcare finance; franchise finance; and small business lending.
First Internet Bancorp Fundamentals Summary
| INBK fundamental statistics | |
|---|---|
| Market cap | US$316.98m |
| Earnings (TTM) | US$22.09m |
| Revenue (TTM) | US$108.98m |
14.2x
P/E Ratio0.8x
P/B RatioIs INBK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| INBK income statement (TTM) | |
|---|---|
| Revenue | US$108.98m |
| Cost of Revenue | US$0 |
| Gross Profit | US$108.98m |
| Other Expenses | US$86.89m |
| Earnings | US$22.09m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.55 |
| Gross Margin | 100.00% |
| Net Profit Margin | 20.27% |
| Debt/Equity Ratio | 161.2% |
How did INBK perform over the long term?
See historical performance and comparisonDividends
0.7%
Current Dividend Yield9%
Payout RatioDoes INBK pay a reliable dividends?
See INBK dividend history and benchmarks| First Internet Bancorp dividend dates | |
|---|---|
| Ex Dividend Date | Dec 31 2024 |
| Dividend Pay Date | Jan 15 2025 |
| Days until Ex dividend | 0 days |
| Days until Dividend pay date | 15 days |
Does INBK pay a reliable dividends?
See INBK dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 08:11 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
First Internet Bancorp is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| George Sutton | Craig-Hallum Capital Group LLC |
| Brett Rabatin | Hovde Group, LLC |
| John Rodis | Janney Montgomery Scott LLC |