First Competitors
| INBK Stock | USD 21.40 0.36 1.65% |
First Internet vs Finward Bancorp Correlation
Very weak diversification
The correlation between First Internet Bancorp and FNWD is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First Internet Bancorp and FNWD in the same portfolio, assuming nothing else is changed.
Moving together with First Stock
| 0.82 | BIRG | Bank of Ireland | PairCorr |
| 0.85 | AX | Axos Financial | PairCorr |
| 0.64 | FFIN | First Financial Bank | PairCorr |
Moving against First Stock
Return On Tangible Assets is expected to rise to -0.006 this year. Return On Capital Employed is expected to rise to -0.02 this year. At this time, First Internet's Total Assets are quite stable compared to the past year. Other Assets is expected to rise to about 4.9 B this year, although the value of Other Current Assets will most likely fall to about 302.6 M.First Internet Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between First Internet and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of First and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of First Internet Bancorp does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between First Stock performing well and First Internet Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze First Internet's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| UBFO | 1.06 | 0.34 | 0.26 | 2.69 | 0.66 | 3.25 | 5.92 | |||
| MRBK | 1.30 | 0.44 | 0.36 | 0.52 | 0.67 | 4.17 | 9.88 | |||
| FCAP | 3.02 | 0.39 | 0.08 | (3.80) | 3.34 | 7.27 | 20.20 | |||
| CZWI | 0.98 | 0.20 | 0.14 | 0.44 | 0.83 | 2.17 | 7.54 | |||
| CBFV | 1.30 | 0.23 | 0.09 | 1.20 | 1.46 | 3.20 | 7.46 | |||
| PEBK | 1.21 | 0.42 | 0.28 | 3.46 | 0.67 | 3.24 | 5.96 | |||
| BVFL | 1.17 | 0.24 | 0.12 | 0.67 | 1.33 | 2.87 | 9.13 | |||
| OVBC | 0.97 | 0.26 | 0.23 | 1.38 | 0.48 | 3.03 | 9.11 | |||
| LARK | 1.47 | 0.18 | 0.07 | 0.52 | 1.58 | 3.73 | 9.67 | |||
| FNWD | 1.39 | 0.18 | 0.08 | 0.53 | 1.43 | 3.70 | 9.57 |
Cross Equities Net Income Analysis
Compare First Internet Bancorp and related stocks such as United Security Banc, Meridian Bank, and First Capital Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UBFO | 4.2 M | (10.8 M) | 6.1 M | 7.3 M | 6.2 M | 6.8 M | 7.4 M | 8.6 M | 14 M | 15.2 M | 9 M | 10.1 M | 15.7 M | 19.8 M | 14.8 M | 12.3 M | 8.5 M |
| MRBK | 4 M | 4 M | 4 M | 3.9 M | 4.3 M | 6.2 M | 4.9 M | 3 M | 8.2 M | 10.5 M | 26.4 M | 35.6 M | 21.8 M | 13.2 M | 16.3 M | 21.8 M | 14.2 M |
| FCAP | 2 M | 4 M | 3.9 M | 5.1 M | 5.6 M | 5.2 M | 6.9 M | 7.4 M | 9.3 M | 10.3 M | 10.1 M | 11.4 M | 11.9 M | 12.8 M | 11.9 M | 16.4 M | 17.2 M |
| CZWI | 779 K | 193 K | 206 K | 1 M | 1.8 M | 2.8 M | 2.6 M | 2.5 M | 4.3 M | 9.5 M | 12.7 M | 21.3 M | 17.8 M | 13.1 M | 13.8 M | 14.4 M | 15.1 M |
| CBFV | 2.2 M | 4.4 M | 4.2 M | 4.3 M | 4.3 M | 8.4 M | 7.6 M | 6.9 M | 7.1 M | 14.3 M | (10.6 M) | 11.6 M | 11.2 M | 22.6 M | 12.6 M | 4.9 M | 7.1 M |
| PEBK | 900 K | 5.2 M | 5.8 M | 6.7 M | 9.4 M | 9.6 M | 9.2 M | 10.3 M | 13.4 M | 14.1 M | 11.4 M | 15.1 M | 16.1 M | 15.5 M | 16.4 M | 19.8 M | 20.8 M |
| BVFL | 394 K | 1.1 M | 488 K | 689 K | 713 K | (120 K) | 653 K | 91 K | 2.5 M | 2.5 M | 7.6 M | 9.4 M | 10.5 M | 13.7 M | 11.7 M | 13.5 M | 14.2 M |
| OVBC | 3.3 M | 5.8 M | 7.1 M | 8.1 M | 8.1 M | 8.6 M | 6.9 M | 7.5 M | 11.9 M | 9.9 M | 10.3 M | 11.7 M | 13.3 M | 12.6 M | 11 M | 15.6 M | 8.5 M |
| LARK | 1.6 M | 4.5 M | 6.4 M | 4.7 M | 8 M | 10.5 M | 9 M | 4.4 M | 10.4 M | 10.7 M | 19.5 M | 18 M | 9.9 M | 12.2 M | 13 M | 18.8 M | 19.7 M |
| FNWD | 2.2 M | 5.4 M | 6.9 M | 7.1 M | 7.4 M | 7.9 M | 9.1 M | 9 M | 9.3 M | 12.1 M | 15.9 M | 15 M | 15.1 M | 8.4 M | 12.1 M | 8.1 M | 8.1 M |
First Internet Bancorp and related stocks such as United Security Banc, Meridian Bank, and First Capital Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in First Internet Bancorp financial statement analysis. It represents the amount of money remaining after all of First Internet Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.First Internet Competitive Analysis
The better you understand First Internet competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, First Internet's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across First Internet's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
First Internet Competition Performance Charts
Five steps to successful analysis of First Internet Competition
First Internet's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by First Internet Bancorp in relation to its competition. First Internet's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of First Internet in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact First Internet's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to First Internet Bancorp, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out First Internet Correlation with its peers. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Internet. Market participants price First higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive First Internet assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.28) | Dividend Share 0.24 | Earnings Share (4.03) | Revenue Per Share | Quarterly Revenue Growth (0.08) |
First Internet Bancorp's market price often diverges from its book value, the accounting figure shown on First's balance sheet. Smart investors calculate First Internet's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since First Internet's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between First Internet's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Internet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Internet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.