Kenneth Lovik - First Internet CFO and Sr. VP

INBK Stock  USD 40.75  1.25  3.16%   

CFO

Mr. Kenneth J. Lovik is the Chief Financial Officer, Senior Vice President of the Company effective August 18, 2014. Previously, he served as Senior Vice President, Investor Relations and Corporationrationrate Development, at First Financial Bancorp, a publicly traded bank holding company headquartered in Cincinnati, Ohio, from February 2013 to May 2014. Prior to that, he served as its Vice President, Investor Relations and Corporationrationrate Development, from March 2010 to February 2013. Before First Financial Bancorp, he served as Vice President Investment Banking at Milestone Advisors, LLC from October 2008 to September 2009 and in the same position at Howe Barnes Hoefer Arnett, Inc. from 2004 to July 2008. since 2014.
Age 54
Tenure 10 years
Address 8701 East 116th Street, Fishers, IN, United States, 46038
Phone317 532 7900
Webhttps://www.firstinternetbancorp.com
Lovik most recently served as Senior Vice President, Investor Relations and Corporationrationrationrate Development, at First Financial Bancorp, a publicly traded bank holding company headquartered in Cincinnati, Ohio, from April 2013 to May 2014. Prior to that, he served as its Vice President, Investor Relations, from March 2010 to April 2013. Before First Financial Bancorp, he served as Vice President – Investment Banking at Milestone Advisors, LLC from October 2008 to September 2009 and in the same position at Howe Barnes Hoefer & Arnett, Inc. from 2004 to July 2008.

Kenneth Lovik Latest Insider Activity

Tracking and analyzing the buying and selling activities of Kenneth Lovik against First Internet stock is an integral part of due diligence when investing in First Internet. Kenneth Lovik insider activity provides valuable insight into whether First Internet is net buyers or sellers over its current business cycle. Note, First Internet insiders must abide by specific rules, including filing SEC forms every time they buy or sell First Internet'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

First Internet Management Efficiency

The value of Return On Tangible Assets is estimated to slide to 0. The value of Return On Capital Employed is expected to slide to 0.01. At this time, First Internet's Total Current Liabilities is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 5.4 B this year, although the value of Non Current Liabilities Other will most likely fall to about 397.6 M. First Internet's management efficiency ratios could be used to measure how well First Internet manages its routine affairs as well as how well it operates its assets and liabilities.
First Internet Bancorp currently holds 719.77 M in liabilities with Debt to Equity (D/E) ratio of 11.17, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about First Internet's use of debt, we should always consider it together with its cash and equity.

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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. First Internet Bancorp was founded in 1999 and is headquartered in Fishers, Indiana. First Internet operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 282 people. First Internet Bancorp (INBK) is traded on NASDAQ Exchange in USA. It is located in 8701 East 116th Street, Fishers, IN, United States, 46038 and employs 287 people. First Internet is listed under Regional Banks category by Fama And French industry classification.

Management Performance

First Internet Bancorp Leadership Team

Elected by the shareholders, the First Internet's board of directors comprises two types of representatives: First Internet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Internet's management team and ensure that shareholders' interests are well served. First Internet's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Internet's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paula Deemer, Executive Administration
David Bybee, VP Officer
Kevin Quinn, VP Bank
Nicole Lorch, Sr. VP of Retail Banking and Sr. VP of Retail Banking of First Internet Bank
Timothy Dusing, Sr Bank
David Becker, Chairman, CEO and President Chairman of First Internet Bank, CEO of First Internet Bank and President of of First Internet Bank
Kenneth Lovik, CFO and Sr. VP

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Internet a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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:
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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
1.052
Dividend Share
0.24
Earnings Share
2.46
Revenue Per Share
12.546
Quarterly Revenue Growth
0.331
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.