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NASDAQ: INBK
First Internet Bancorp Stock

$30.71-2.56 (-7.69%)
Updated Apr 25, 2024
INBK Price
$30.71
Fair Value Price
-$16.43
Market Cap
$265.82M
52 Week Low
$9.68
52 Week High
$35.72
P/E
32.33x
P/B
0.73x
P/S
2.53x
PEG
N/A
Dividend Yield
0.78%
Revenue
$84.38M
Earnings
$8.42M
Gross Margin
100%
Operating Margin
5.85%
Profit Margin
10%
Debt to Equity
13.24
Operating Cash Flow
$12M
Beta
1.31
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

INBK Overview

First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial and retail banking products and services to individuals and commercial customers in the United States. The company accepts non-interest bearing and interest-bearing demand deposit, savings, money market, and 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 and 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. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and provision of municipal finance lending and leasing products to government entities. In addition, it offers corporate credit card and treasury management services. The company provides its services through its firstib.com Website. First Internet Bancorp was founded in 1999 and is headquartered in Fishers, Indiana.

Zen Score

Industry Average (33)
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Due Diligence Checks

INBK ($30.71) is overvalued by 286.96% relative to our estimate of its Fair Value price of -$16.43 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
INBK ($30.71) is not significantly undervalued (286.96%) relative to our estimate of its Fair Value price of -$16.43 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
INBK was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more INBK due diligence checks available for Premium users.

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INBK News

Valuation

INBK fair value

Fair Value of INBK stock based on Discounted Cash Flow (DCF)
Price
$30.71
Fair Value
-$16.43
Undervalued by
286.96%
INBK ($30.71) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
INBK ($30.71) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
INBK was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

INBK price to earnings (PE)

For valuing profitable companies with steady earnings
Company
32.33x
Industry
-10.31x
Market
40.97x
INBK is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
INBK is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

INBK price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.73x
Industry
0.99x
INBK is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

INBK's financial health

Profit margin

Revenue
$23.6M
Net Income
$4.1M
Profit Margin
17.5%
INBK's Earnings (EBIT) of $4.94M... subscribe to Premium to read more.
Interest Coverage Financials
INBK's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$5.2B
Liabilities
$4.8B
Debt to equity
13.24
INBK's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
INBK's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$12.3M
Investing
-$109.8M
Financing
-$17.9M
INBK's operating cash flow ($11.68M)... subscribe to Premium to read more.
Debt Coverage Financials

INBK vs Bank Stocks

TickerMarket Cap1d %P/EP/B
INBK$265.82M-7.69%32.33x0.73x
TCBX$265.47M-1.12%9.25x0.64x
FRST$263.85M-2.20%53.45x0.69x
NRIM$263.81M+2.13%10.59x1.12x
PFIS$267.88M-2.04%9.86x0.79x

First Internet Bancorp Stock FAQ

What is First Internet Bancorp's quote symbol?

(NASDAQ: INBK) First Internet Bancorp trades on the NASDAQ under the ticker symbol INBK. First Internet Bancorp stock quotes can also be displayed as NASDAQ: INBK.

If you're new to stock investing, here's how to buy First Internet Bancorp stock.

What is the 52 week high and low for First Internet Bancorp (NASDAQ: INBK)?

(NASDAQ: INBK) First Internet Bancorp's 52-week high was $35.72, and its 52-week low was $9.68. It is currently -14.01% from its 52-week high and 217.25% from its 52-week low.

How much is First Internet Bancorp stock worth today?

(NASDAQ: INBK) First Internet Bancorp currently has 8,655,854 outstanding shares. With First Internet Bancorp stock trading at $30.71 per share, the total value of First Internet Bancorp stock (market capitalization) is $265.82M.

First Internet Bancorp stock was originally listed at a price of $11.67 in Apr 5, 2006. If you had invested in First Internet Bancorp stock at $11.67, your return over the last 18 years would have been 163.09%, for an annualized return of 5.52% (not including any dividends or dividend reinvestments).

How much is First Internet Bancorp's stock price per share?

(NASDAQ: INBK) First Internet Bancorp stock price per share is $30.71 today (as of Apr 25, 2024).

What is First Internet Bancorp's Market Cap?

(NASDAQ: INBK) First Internet Bancorp's market cap is $265.82M, as of Apr 26, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

First Internet Bancorp's market cap is calculated by multiplying INBK's current stock price of $30.71 by INBK's total outstanding shares of 8,655,854.
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