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First Internet Bancorp NasdaqGS:INBK Stock Report

Last Price

US$34.74

Market Cap

US$302.3m

7D

4.1%

1Y

108.9%

Updated

28 Mar, 2024

Data

Company Financials +

First Internet Bancorp

NasdaqGS:INBK Stock Report

Market Cap: US$302.3m

INBK Stock Overview

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.

INBK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends0/6

First Internet Bancorp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for First Internet Bancorp
Historical stock prices
Current Share PriceUS$34.74
52 Week HighUS$35.72
52 Week LowUS$9.68
Beta0.71
1 Month Change9.45%
3 Month Change43.61%
1 Year Change108.90%
3 Year Change-2.00%
5 Year Change73.09%
Change since IPO259.38%

Recent News & Updates

First Internet Bancorp: There Is Light At The End Of The Tunnel

Feb 01

Recent updates

First Internet Bancorp: There Is Light At The End Of The Tunnel

Feb 01

First Internet Bancorp (NASDAQ:INBK) Is Paying Out A Dividend Of $0.06

Jun 26
First Internet Bancorp (NASDAQ:INBK) Is Paying Out A Dividend Of $0.06

First Internet Bancorp (NASDAQ:INBK) Has Affirmed Its Dividend Of $0.06

Mar 25
First Internet Bancorp (NASDAQ:INBK) Has Affirmed Its Dividend Of $0.06

First Internet Bancorp (NASDAQ:INBK) Is Paying Out A Dividend Of $0.06

Dec 24
First Internet Bancorp (NASDAQ:INBK) Is Paying Out A Dividend Of $0.06

Analysts Are More Bearish On First Internet Bancorp (NASDAQ:INBK) Than They Used To Be

Oct 26
Analysts Are More Bearish On First Internet Bancorp (NASDAQ:INBK) Than They Used To Be

Treasury Prime partners with First Internet Bank

Oct 18

Grabbing A 6.7% Yield With First Internet Bancorp's Debt Securities

Sep 20

First Internet Bancorp Non-GAAP EPS of $1.06 misses by $0.07, revenue of $29.99M beats by $3.44M

Jul 21

First Internet Bancorp: Strong Topline Growth To Buoy Earnings

Jul 08

Is Now The Time To Put First Internet Bancorp (NASDAQ:INBK) On Your Watchlist?

May 03
Is Now The Time To Put First Internet Bancorp (NASDAQ:INBK) On Your Watchlist?

First Internet Bancorp: Management's Plans Likely To Boost The Top Line

Apr 10

First Internet Bancorp: Upcoming Acquisition To Keep Earnings Elevated This Year

Jan 12

First Internet: Loan Growth Momentum Is Building, Valuation Remains Exceedingly Attractive

Oct 26

First Internet Bancorp: Discounted Valuation With Continued Margin Expansion Provides For A Great Entry Point

Aug 12

Need To Know: Analysts Are Much More Bullish On First Internet Bancorp (NASDAQ:INBK) Revenues

Jul 24
Need To Know: Analysts Are Much More Bullish On First Internet Bancorp (NASDAQ:INBK) Revenues

First Internet Bancorp (NASDAQ:INBK) Is Due To Pay A Dividend Of US$0.06

Jun 26
First Internet Bancorp (NASDAQ:INBK) Is Due To Pay A Dividend Of US$0.06

First Internet Bancorp declares $0.06 dividend

Jun 21

Shareholder Returns

INBKUS BanksUS Market
7D4.1%1.1%0.2%
1Y108.9%36.1%28.1%

Return vs Industry: INBK exceeded the US Banks industry which returned 33.8% over the past year.

Return vs Market: INBK exceeded the US Market which returned 28.8% over the past year.

Price Volatility

Is INBK's price volatile compared to industry and market?
INBK volatility
INBK Average Weekly Movement6.6%
Banks Industry Average Movement4.4%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: INBK's share price has been volatile over the past 3 months.

Volatility Over Time: INBK's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999289David Beckerhttps://www.firstinternetbancorp.com/overview/default.aspx

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, 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

How do First Internet Bancorp's earnings and revenue compare to its market cap?
INBK fundamental statistics
Market capUS$302.35m
Earnings (TTM)US$8.42m
Revenue (TTM)US$84.38m

35.7x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
INBK income statement (TTM)
RevenueUS$84.38m
Cost of RevenueUS$0
Gross ProfitUS$84.38m
Other ExpensesUS$75.96m
EarningsUS$8.42m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.97
Gross Margin100.00%
Net Profit Margin9.98%
Debt/Equity Ratio198.4%

How did INBK perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

25%

Payout Ratio
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