First Financial Statements From 2010 to 2025

INBK Stock  USD 32.85  0.37  1.11%   
First Internet financial statements provide useful quarterly and yearly information to potential First Internet Bancorp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on First Internet financial statements helps investors assess First Internet's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting First Internet's valuation are summarized below:
Gross Profit
117.7 M
Profit Margin
0.2148
Market Capitalization
284.7 M
Enterprise Value Revenue
5.3185
Revenue
117.7 M
There are currently one hundred twenty fundamental signals for First Internet Bancorp that can be evaluated and compared over time across rivals. We recommend to verify First Internet's prevailing fundamental drivers against the all of the trends between 2010 and 2025. Market Cap is expected to rise to about 328.6 M this year, although Enterprise Value will most likely fall to about 248.3 M.

First Internet Total Revenue

306.48 Million

Check First Internet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Internet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.6 M, Interest Expense of 214.7 M or Selling General Administrative of 3.6 M, as well as many indicators such as Price To Sales Ratio of 1.92, Ptb Ratio of 0.58 or Capex To Depreciation of 1.03. First financial statements analysis is a perfect complement when working with First Internet Valuation or Volatility modules.
  
Check out the analysis of First Internet Correlation against competitors.

First Internet Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets6.2 B5.9 BB
Slightly volatile
Short and Long Term Debt Total869.1 M827.7 M417 M
Slightly volatile
Total Current Liabilities21.8 M20.7 M4.8 M
Slightly volatile
Total Stockholder Equity438.1 M417.2 M232.4 M
Slightly volatile
Retained Earnings250.5 M238.6 M99.4 M
Slightly volatile
Accounts Payable4.6 M4.4 M1.6 M
Slightly volatile
Cash490.1 M466.8 M204.5 M
Slightly volatile
Non Current Assets Total5.7 B5.4 B1.3 B
Slightly volatile
Cash And Short Term Investments1.1 BB571.8 M
Slightly volatile
Net Receivables29.2 M30.8 M385.8 M
Pretty Stable
Common Stock Total Equity134.6 M221.9 M138.9 M
Slightly volatile
Common Stock Shares Outstanding6.3 M8.8 M6.6 M
Slightly volatile
Liabilities And Stockholders Equity6.2 B5.9 BB
Slightly volatile
Non Current Liabilities Total5.8 B5.5 B1.2 B
Slightly volatile
Total Liabilities5.8 B5.5 B2.7 B
Slightly volatile
Total Current Assets956.4 M498 M1.1 B
Slightly volatile
Short Term Debt307.9 M293.3 M138.7 M
Slightly volatile
Common Stock133.3 M212.4 M137.7 M
Slightly volatile
Good Will3.7 M4.2 M4.6 M
Slightly volatile
Other Liabilities27.3 M26 M14.7 M
Slightly volatile
Long Term Debt869.1 M827.7 M289.8 M
Slightly volatile
Short Term Investments376.1 M546.1 M356.8 M
Slightly volatile
Intangible Assets12.8 M12.2 M5.9 M
Slightly volatile
Property Plant Equipment87.8 M83.6 M30.3 M
Slightly volatile
Property Plant And Equipment Net88.7 M84.5 M30.5 M
Slightly volatile
Net Tangible Assets252.2 M414.3 M223.7 M
Slightly volatile
Retained Earnings Total Equity248.4 M236.5 M101.2 M
Slightly volatile
Long Term Debt Total126.2 M120.2 M52.7 M
Slightly volatile
Long Term Investments1.4 B807.3 MB
Slightly volatile
Property Plant And Equipment Gross106.6 M101.6 M35.9 M
Slightly volatile
Non Current Liabilities Other397.6 M707.2 M339.4 M
Slightly volatile
Short and Long Term Debt117.7 M126 M132.5 M
Pretty Stable
Earning Assets697.9 M1.2 B654.6 M
Slightly volatile
Net Invested CapitalB1.2 B841.5 M
Slightly volatile
Capital Stock168.7 M166.2 M213.8 M
Slightly volatile

First Internet Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization3.6 M6.6 M4.4 M
Slightly volatile
Interest Expense214.7 M204.5 M63 M
Slightly volatile
Selling General Administrative3.6 M3.7 MM
Slightly volatile
Selling And Marketing Expenses1.7 M2.6 MM
Slightly volatile
Total Revenue306.5 M291.9 M87.8 M
Slightly volatile
Gross Profit306.5 M291.9 M87.8 M
Slightly volatile
Other Operating ExpensesM6.3 M34.5 M
Slightly volatile
Operating Income299.8 M285.6 M55 M
Slightly volatile
EBIT5.4 M5.7 M18.9 M
Pretty Stable
EBITDA23.2 M12.3 M24.2 M
Slightly volatile
Income Before Tax16.9 M27.5 M19.6 M
Slightly volatile
Net Income14.3 M25.3 M16.5 M
Slightly volatile
Cost Of Revenue514.6 K541.6 K11.6 M
Slightly volatile
Net Income Applicable To Common Shares42.9 M40.9 M21.2 M
Slightly volatile
Net Income From Continuing Ops21.6 M12.2 M16.5 M
Slightly volatile
Net Interest Income70.2 M88.3 M55.4 M
Slightly volatile
Interest Income133.8 M251.7 M105.4 M
Slightly volatile
Reconciled Depreciation7.7 M5.8 M6.2 M
Slightly volatile

First Internet Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow309.8 M295 M161.8 M
Slightly volatile
Depreciation3.6 M6.6 M4.4 M
Slightly volatile
Capital Expenditures5.9 M6.2 M7.1 M
Slightly volatile
Net Income13.6 M9.7 M15.5 M
Slightly volatile
End Period Cash Flow490.1 M466.8 M205.1 M
Slightly volatile
Dividends Paid1.8 M2.5 M1.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.921.07232.6485
Very volatile
PTB Ratio0.580.530.7845
Very volatile
Capex To Depreciation1.030.841.3181
Pretty Stable
PB Ratio0.580.530.7845
Very volatile
ROIC0.00320.00340.0178
Slightly volatile
Net Income Per Share3.052.90642.2493
Slightly volatile
Sales General And Administrative To Revenue0.01220.01280.1278
Pretty Stable
Interest Coverage1.471.39630.8961
Pretty Stable
ROE0.01980.02090.0663
Pretty Stable
PE Ratio8.7412.38312.1629
Very volatile
Return On Tangible Assets0.00140.00150.0057
Slightly volatile
Earnings Yield0.07040.08080.0931
Pretty Stable
Intangibles To Total Assets0.0010.0010.0032
Slightly volatile
Current Ratio20.5321.613.1 K
Slightly volatile
Receivables Turnover4.053.633.2044
Slightly volatile
Debt To Equity1.21.791.4952
Slightly volatile
Revenue Per Share35.2433.563211.6265
Slightly volatile
Debt To Assets0.10.130.1242
Slightly volatile
Dividend Yield0.01010.01160.0097
Pretty Stable
Days Sales Outstanding98.921042.1 K
Very volatile
Book Value Per Share20.3436.9528.749
Slightly volatile
Average Payables149.8 K141.4 K127.3 K
Pretty Stable
Stock Based Compensation To Revenue0.01460.01340.0165
Slightly volatile
EV To Sales4.535.635.7736
Pretty Stable
Capex To Revenue0.06440.05720.0917
Pretty Stable
Cash Per Share94.1889.6973.5343
Slightly volatile
Payout Ratio0.310.290.1365
Slightly volatile
Tangible Book Value Per Share19.5836.4727.9603
Slightly volatile
Graham Number25.3826.6935.2125
Slightly volatile
Shareholders Equity Per Share20.3436.9528.749
Slightly volatile
Capex Per Share0.60.550.8799
Slightly volatile
Average Receivables141.9 M159.7 M174.1 M
Slightly volatile
Interest Debt Per Share94.5690.0655.8
Slightly volatile
Short Term Coverage Ratios1.451.631.7773
Slightly volatile
Price Earnings Ratio8.7412.38312.1629
Very volatile
Price Book Value Ratio0.580.530.7845
Very volatile
Pretax Profit Margin0.08960.09440.2844
Pretty Stable
Ebt Per Ebit0.09160.09650.4735
Slightly volatile
Operating Profit Margin0.530.97830.4543
Very volatile
Company Equity Multiplier9.2512.8211.5412
Slightly volatile
Long Term Debt To Capitalization0.440.510.5541
Slightly volatile
Total Debt To Capitalization0.460.60.5685
Slightly volatile
Return On Capital Employed0.00190.0020.0099
Slightly volatile
Debt Equity Ratio1.21.791.4952
Slightly volatile
Ebit Per Revenue0.530.97830.4543
Very volatile
Quick Ratio20.5321.613.3 K
Slightly volatile
Net Income Per E B T0.660.91770.835
Slightly volatile
Cash Ratio19.2520.26192
Slightly volatile
Price To Book Ratio0.580.530.7845
Very volatile
Fixed Asset Turnover1.251.328.5406
Slightly volatile
Debt Ratio0.10.130.1242
Slightly volatile
Price Sales Ratio1.921.07232.6485
Very volatile
Return On Assets0.00140.00150.0057
Slightly volatile
Asset Turnover0.02950.01880.0258
Slightly volatile
Net Profit Margin0.170.08660.2329
Very volatile
Price Fair Value0.580.530.7845
Very volatile
Return On Equity0.01980.02090.0663
Pretty Stable
Operating Cycle98.921042.1 K
Very volatile
Dividend Payout Ratio0.310.290.1365
Slightly volatile
Cash Conversion Cycle98.921042.1 K
Very volatile
Days Of Sales Outstanding98.921042.1 K
Very volatile

First Internet Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap328.6 M313 M200.8 M
Slightly volatile
Enterprise Value248.3 M474.9 M395.1 M
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings7.3964

First Upcoming Events

24th of April 2024
Upcoming Quarterly Report
View
24th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
22nd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About First Internet Financial Statements

First Internet investors utilize fundamental indicators, such as revenue or net income, to predict how First Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-3.5 M-3.6 M
Total Revenue291.9 M306.5 M
Cost Of Revenue541.6 K514.6 K
Sales General And Administrative To Revenue 0.01  0.01 
Revenue Per Share 33.56  35.24 
Stock Based Compensation To Revenue 0.01  0.01 
Capex To Revenue 0.06  0.06 
Ebit Per Revenue 0.98  0.53 

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When determining whether First Internet Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Internet's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Internet Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Internet Bancorp Stock:
Check out the analysis of First Internet Correlation against competitors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Internet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.748
Dividend Share
0.24
Earnings Share
2.88
Revenue Per Share
13.538
Quarterly Revenue Growth
0.367
The market value of First Internet Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Internet's value that differs from its market value or its book value, called intrinsic value, which is First Internet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Internet's market value can be influenced by many factors that don't directly affect First Internet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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.