First Internet Bancorp

NasdaqGS:INBK Stock Report

Market Cap: US$292.7m

First Internet Bancorp Past Earnings Performance

Past criteria checks 4/6

First Internet Bancorp's earnings have been declining at an average annual rate of -8.6%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 4.7% per year. First Internet Bancorp's return on equity is 5.7%, and it has net margins of 20.3%.

Key information

-8.6%

Earnings growth rate

-6.5%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate4.7%
Return on equity5.7%
Net Margin20.3%
Next Earnings Update22 Jan 2025

Recent past performance updates

Recent updates

First Internet Bancorp: Floating Debt Securities Offer High Single-Digit Yield

Jan 03

Despite Rapid Growth, First Internet Bancorp Deserves A Pass

Sep 22

First Internet Bancorp: Bottoming Net Interest Margin Bodes Well For The Future

Jul 04

First Internet Bancorp's (NASDAQ:INBK) Dividend Will Be $0.06

Jun 23
First Internet Bancorp's (NASDAQ:INBK) Dividend Will Be $0.06

First Internet Bancorp: The Recovery Begins

Apr 28

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?

Revenue & Expenses Breakdown

How First Internet Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:INBK Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2410922690
30 Jun 2410119660
31 Mar 249517660
31 Dec 23848640
30 Sep 238611650
30 Jun 239116640
31 Mar 239721630
31 Dec 2211336630
30 Sep 2211942610
30 Jun 2212145580
31 Mar 2212349560
31 Dec 2111848540
30 Sep 2111647520
30 Jun 2111343510
31 Mar 219934490
31 Dec 209229470
30 Sep 208325460
30 Jun 207523430
31 Mar 207626420
31 Dec 197425400
30 Sep 196922380
30 Jun 196922370
31 Mar 196722350
31 Dec 186722350
30 Sep 186822340
30 Jun 186720340
31 Mar 186418330
31 Dec 176015320
30 Sep 175615310
30 Jun 175414300
31 Mar 175112290
31 Dec 164912270
30 Sep 164611260
30 Jun 164310240
31 Mar 16409230
31 Dec 15399220
30 Sep 15378220
30 Jun 15357210
31 Mar 15326200
31 Dec 14294200
30 Sep 14274190
30 Jun 14253180
31 Mar 14264180

Quality Earnings: INBK has high quality earnings.

Growing Profit Margin: INBK's current net profit margins (20.3%) are higher than last year (12.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: INBK's earnings have declined by 8.6% per year over the past 5 years.

Accelerating Growth: INBK's earnings growth over the past year (107.9%) exceeds its 5-year average (-8.6% per year).

Earnings vs Industry: INBK earnings growth over the past year (107.9%) exceeded the Banks industry -11.8%.

Return on Equity

High ROE: INBK's Return on Equity (5.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 00:36
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 6 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.

AnalystInstitution
George SuttonCraig-Hallum Capital Group LLC
Brett RabatinHovde Group, LLC
John RodisJanney Montgomery Scott LLC