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NASDAQ: INBK
First Internet Bancorp Stock

$26.04-0.14 (-0.53%)
Updated Jun 20, 2024
INBK Price
$26.04
Fair Value Price
-$13.43
Market Cap
$225.40M
52 Week Low
$13.98
52 Week High
$35.72
P/E
13.71x
P/B
0.61x
P/S
3.16x
PEG
0.27x
Dividend Yield
0.92%
Revenue
$95.40M
Earnings
$16.62M
Gross Margin
100%
Operating Margin
16.66%
Profit Margin
17.4%
Debt to Equity
13.56
Operating Cash Flow
$9M
Beta
1.31
Next Earnings
Jul 24, 2024
Ex-Dividend
Jun 28, 2024
Next Dividend
Jul 15, 2024

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 (32)
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Due Diligence Checks

INBK ($26.04) is overvalued by 293.88% relative to our estimate of its Fair Value price of -$13.43 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
INBK ($26.04) is not significantly undervalued (293.88%) relative to our estimate of its Fair Value price of -$13.43 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
INBK ($26.04) is trading below... 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
$26.04
Fair Value
-$12.82
Undervalued by
303.14%
INBK ($26.04) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
INBK ($26.04) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
INBK ($26.04) is trading below... 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
13.71x
Industry
-6.91x
Market
30.97x
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
0.61x
Industry
1.01x
INBK is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

INBK price to earnings growth (PEG)

For valuing profitable companies with growth potential
INBK is good value based... subscribe to Premium to read more.
PEG Value Valuation

INBK's financial health

Profit margin

Revenue
$26.6M
Net Income
$5.2M
Profit Margin
19.5%
INBK's Earnings (EBIT) of $15.90M... 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
$5.3B
Liabilities
$5.0B
Debt to equity
13.56
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
$2.8M
Investing
-$93.3M
Financing
$165.8M
INBK's operating cash flow ($8.57M)... subscribe to Premium to read more.
Debt Coverage Financials

INBK vs Bank Stocks

TickerMarket Cap1d %P/EP/B
INBK$225.40M-0.53%13.71x0.61x
LNKB$226.38M+0.17%-14.43x0.84x
SSBK$228.95M-0.12%7.00x1.03x
BCML$219.68M+1.30%8.84x0.70x
CIVB$218.61M+0.36%5.99x0.59x

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 $13.98. It is currently -27.09% from its 52-week high and 86.33% 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 $26.04 per share, the total value of First Internet Bancorp stock (market capitalization) is $225.40M.

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 123.08%, for an annualized return of 4.56% (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 $26.04 today (as of Jun 20, 2024).

What is First Internet Bancorp's Market Cap?

(NASDAQ: INBK) First Internet Bancorp's market cap is $225.40M, as of Jun 21, 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 $26.04 by INBK's total outstanding shares of 8,655,854.
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