First Internet Bancorp Stock Analysis

INBK Stock  USD 35.27  0.63  1.75%   
First Internet Bancorp is fairly valued with Real Value of 36.28 and Target Price of 43.7. The main objective of First Internet stock analysis is to determine its intrinsic value, which is an estimate of what First Internet Bancorp is worth, separate from its market price. There are two main types of First Internet's stock analysis: fundamental analysis and technical analysis.
The First Internet stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

First Stock Analysis Notes

About 76.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.81. Some equities with similar Price to Book (P/B) outperform the market in the long run. First Internet Bancorp last dividend was issued on the 31st of December 2024. The entity had 15:10 split on the 24th of June 2013. 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. To learn more about First Internet Bancorp call David Becker at 317 532 7900 or check out https://www.firstinternetbancorp.com.

First Internet Quarterly Total Revenue

77.77 Million

First Internet Bancorp Investment Alerts

First Internet had very high historical volatility over the last 90 days
Over 76.0% of the company shares are owned by institutional investors
Latest headline from gurufocus.com: First Internet Bancorp Q4 2024 Earnings Report Preview What To Look For

First Internet Bancorp Upcoming and Recent Events

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

Earnings surprises can significantly impact First Internet's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2016-10-20
2016-09-300.50.550.0510 
2015-10-22
2015-09-300.460.510.0510 
2015-01-22
2014-12-310.270.320.0518 
View All Earnings Estimates

First Internet Environmental, Social, and Governance (ESG) Scores

First Internet's ESG score is a quantitative measure that evaluates First Internet's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of First Internet's operations that may have significant financial implications and affect First Internet's stock price as well as guide investors towards more socially responsible investments.

First Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Amvescap Plc.2024-09-30
126.1 K
Foundry Partners, Llc2024-09-30
121.8 K
Acuitas Investments, Llc2024-09-30
118.4 K
D. E. Shaw & Co Lp2024-09-30
117.1 K
Jacobs Levy Equity Management, Inc.2024-09-30
113.2 K
State Street Corp2024-09-30
106.3 K
Franklin Resources Inc2024-09-30
99.6 K
State Of Wisconsin Investment Board2024-09-30
99.3 K
American Century Companies Inc2024-09-30
95.6 K
Blackrock Inc2024-09-30
771.6 K
Dimensional Fund Advisors, Inc.2024-09-30
500.5 K
Note, although First Internet's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

First Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 305.72 M.

First Profitablity

The company has Profit Margin (PM) of 0.2 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.29 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.29.
Last ReportedProjected for Next Year
Return On Equity 0.02  0.02 

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. 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 6.2 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.
Last ReportedProjected for Next Year
Book Value Per Share 36.95  20.34 
Tangible Book Value Per Share 36.47  19.58 
Enterprise Value Over EBITDA 16.35  17.17 
Price Book Value Ratio 0.53  0.58 
Enterprise Value Multiple 16.35  17.17 
Price Fair Value 0.53  0.58 
Enterprise Value474.9 M248.3 M
First Internet's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Dividend Yield
0.0068
Operating Margin
0.2904
Profit Margin
0.2027
Forward Dividend Yield
0.0068
Beta
0.664

Technical Drivers

As of the 23rd of January, First Internet shows the Mean Deviation of 2.1, standard deviation of 3.14, and Variance of 9.85. First Internet Bancorp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

First Internet Bancorp Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. First Internet middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for First Internet Bancorp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

First Internet Bancorp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific First Internet insiders, such as employees or executives, is commonly permitted as long as it does not rely on First Internet's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases First Internet insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

First Internet Outstanding Bonds

First Internet issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. First Internet Bancorp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most First bonds can be classified according to their maturity, which is the date when First Internet Bancorp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

First Internet Predictive Daily Indicators

First Internet intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of First Internet stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

First Internet Corporate Filings

8K
22nd of January 2025
Report filed with the SEC to announce major events that shareholders should know about
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F4
8th of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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8K
17th of December 2024
Report filed with the SEC to announce major events that shareholders should know about
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F4
16th of December 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
6th of December 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
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13A
8th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
13A
31st of October 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
8K
23rd of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

First Internet Forecast Models

First Internet's time-series forecasting models are one of many First Internet's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary First Internet's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About First Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how First Internet prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling First shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as First Internet. By using and applying First Stock analysis, traders can create a robust methodology for identifying First entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.09  0.09 
Operating Profit Margin 0.98  0.53 
Net Profit Margin 0.09  0.17 

Current First Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. First analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. First analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
43.7Buy5Odds
First Internet Bancorp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most First analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand First stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of First Internet Bancorp, talking to its executives and customers, or listening to First conference calls.
First Analyst Advice Details

First Stock Analysis Indicators

First Internet Bancorp stock analysis indicators help investors evaluate how First Internet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading First Internet shares will generate the highest return on investment. By understating and applying First Internet stock analysis, traders can identify First Internet position entry and exit signals to maximize returns.
Begin Period Cash Flow256.6 M
Long Term Debt719.8 M
Common Stock Shares Outstanding8.9 M
Total Stockholder Equity362.8 M
Quarterly Earnings Growth Y O Y1.052
Property Plant And Equipment Net73.5 M
Cash And Short Term Investments880.8 M
Cash405.9 M
Accounts Payable3.8 M
Net Debt313.9 M
50 Day M A38.576
Total Current Liabilities18 M
Non Current Assets Total4.7 B
Forward Price Earnings8.0841
Non Currrent Assets OtherB
Stock Based Compensation1.3 M
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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
2.52
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.