First Internet Bancorp Stock Today
| INBK Stock | USD 35.27 0.63 1.75% |
Performance1 of 100
| Odds Of DistressLess than 10
|
First Internet is selling for 35.27 as of the 23rd of January 2025. This is a 1.75% down since the beginning of the trading day. The stock's last reported lowest price was 34.81. First Internet has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. The performance scores are derived for the period starting the 3rd of February 2023 and ending today, the 23rd of January 2025. Click here to learn more.
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. The company has 8.67 M outstanding shares of which 67.78 K shares are currently shorted by private and institutional investors with about 2.5 trading days to cover. More on First Internet Bancorp
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First Stock Highlights
| Chairman | David Becker |
| Old Name | INBK |
| Business Concentration | Banking, Banks - Regional, Financial Services, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) |
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 Banking category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 311.18 M. First Internet Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 8.67 M outstanding shares of which 67.78 K shares are currently shorted by private and institutional investors with about 2.5 trading days to cover.
First Internet Bancorp currently holds about 221.05 M in cash with 11.68 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 23.79.
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Ownership AllocationThe market capitalization of First Internet Bancorp is $311.18 Million. The majority of First Internet Bancorp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in First Internet Bancorp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in First Internet. Please pay attention to any change in the institutional holdings of First Internet Bancorp as this could imply that something significant has changed or is about to change at the company. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
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First Internet Bancorp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Internet market risk premium is the additional return an investor will receive from holding First Internet long position in a well-diversified portfolio.
| Risk Adjusted Performance | 0.0249 | |||
| Jensen Alpha | 0.0378 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0126 |
First Stock Against Markets
First Internet Corporate Management
| Nicole Lorch | Sr. VP of Retail Banking and Sr. VP of Retail Banking of First Internet Bank | Profile | |
| Paula Deemer | Executive Administration | Profile | |
| David Bybee | VP Officer | Profile | |
| Kevin Quinn | VP Bank | Profile | |
| Timothy Dusing | Sr Bank | Profile |
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Banking 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.
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.