FIRST INTERNET BANCORP (INBK) Fundamental Analysis & Valuation

NASDAQ:INBK • US3205571017

Current stock price

24.22 USD
+1.2 (+5.21%)
Last:

This INBK fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

2

1. INBK Profitability Analysis

1.1 Basic Checks

  • In the past year INBK has reported negative net income.
  • INBK had a positive operating cash flow in the past year.
  • Of the past 5 years INBK 4 years were profitable.
  • In the past 5 years INBK always reported a positive cash flow from operatings.
INBK Yearly Net Income VS EBIT VS OCF VS FCFINBK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M -20M 40M -40M 60M 80M

1.2 Ratios

  • INBK has a Return On Assets of -0.63%. This is amonst the worse of the industry: INBK underperforms 94.43% of its industry peers.
  • INBK has a worse Return On Equity (-9.78%) than 94.69% of its industry peers.
Industry RankSector Rank
ROA -0.63%
ROE -9.78%
ROIC N/A
ROA(3y)-0.01%
ROA(5y)0.38%
ROE(3y)-0.29%
ROE(5y)4.3%
ROIC(3y)N/A
ROIC(5y)N/A
INBK Yearly ROA, ROE, ROICINBK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10

1.3 Margins

  • The Profit Margin and Operating Margin and Gross Margin are not available for INBK so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
INBK Yearly Profit, Operating, Gross MarginsINBK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40

1

2. INBK Health Analysis

2.1 Basic Checks

  • INBK does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for INBK has been increased compared to 1 year ago.
  • The number of shares outstanding for INBK has been reduced compared to 5 years ago.
  • INBK has a worse debt/assets ratio than last year.
INBK Yearly Shares OutstandingINBK Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2M 4M 6M 8M 10M
INBK Yearly Total Debt VS Total AssetsINBK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

2.2 Solvency

  • The Debt to FCF ratio of INBK is 47.49, which is on the high side as it means it would take INBK, 47.49 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of INBK (47.49) is worse than 87.27% of its industry peers.
  • INBK has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of INBK (0.29) is worse than 67.11% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.29
Debt/FCF 47.49
Altman-Z N/A
ROIC/WACCN/A
WACC32.18%
INBK Yearly LT Debt VS Equity VS FCFINBK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
INBK Yearly Current Assets VS Current LiabilitesINBK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M 50M

5

3. INBK Growth Analysis

3.1 Past

  • INBK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -122.84%.
  • Looking at the last year, INBK shows a very negative growth in Revenue. The Revenue has decreased by -13.55% in the last year.
  • INBK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.93% yearly.
EPS 1Y (TTM)-122.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-22.89%
Revenue 1Y (TTM)-13.55%
Revenue growth 3Y-0.55%
Revenue growth 5Y2.93%
Sales Q2Q%-13.79%

3.2 Future

  • INBK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 201.93% yearly.
  • INBK is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 23.79% yearly.
EPS Next Y443.48%
EPS Next 2Y201.93%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year35.65%
Revenue Next 2Y23.79%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
INBK Yearly Revenue VS EstimatesINBK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M
INBK Yearly EPS VS EstimatesINBK Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 2 3 4

4

4. INBK Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for INBK. In the last year negative earnings were reported.
  • With a Price/Forward Earnings ratio of 10.68, the valuation of INBK can be described as very reasonable.
  • The rest of the industry has a similar Price/Forward Earnings ratio as INBK.
  • When comparing the Price/Forward Earnings ratio of INBK to the average of the S&P500 Index (38.51), we can say INBK is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 10.68
INBK Price Earnings VS Forward Price EarningsINBK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20

4.2 Price Multiples

  • 86.21% of the companies in the same industry are cheaper than INBK, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 95.09
EV/EBITDA N/A
INBK Per share dataINBK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • INBK's earnings are expected to grow with 201.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y201.93%
EPS Next 3YN/A

3

5. INBK Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.04%, INBK has a reasonable but not impressive dividend return.
  • With a Dividend Yield of 1.04, INBK pays less dividend than the industry average, which is at 2.54. 81.17% of the companies listed in the same industry pay a better dividend than INBK!
  • Compared to an average S&P500 Dividend Yield of 1.82, INBK's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 1.04%

5.2 History

  • The dividend of INBK decreases each year by -0.04%.
  • INBK has been paying a dividend for at least 10 years, so it has a reliable track record.
  • INBK has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-0.04%
Div Incr Years0
Div Non Decr Years12
INBK Yearly Dividends per shareINBK Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.05 0.1 0.15 0.2

5.3 Sustainability

  • The earnings of INBK are negative and hence is the payout ratio. INBK will probably not be able to sustain this dividend level.
DP-5.93%
EPS Next 2Y201.93%
EPS Next 3YN/A
INBK Yearly Income VS Free CF VS DividendINBK Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M -20M 40M -40M 60M

INBK Fundamentals: All Metrics, Ratios and Statistics

FIRST INTERNET BANCORP

NASDAQ:INBK (4/17/2026, 8:21:37 PM)

24.22

+1.2 (+5.21%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)01-29
Earnings (Next)04-30
Inst Owners71.12%
Inst Owner Change-0.02%
Ins Owners8.23%
Ins Owner Change4.05%
Market Cap211.20M
Revenue(TTM)116.47M
Net Income(TTM)-35.17M
Analysts76.36
Price Target26.21 (8.22%)
Short Float %2%
Short Ratio2.75
Dividend
Industry RankSector Rank
Dividend Yield 1.04%
Yearly Dividend0.24
Dividend Growth(5Y)-0.04%
DP-5.93%
Div Incr Years0
Div Non Decr Years12
Ex-Date03-31
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-143.74%
Min EPS beat(2)-298.09%
Max EPS beat(2)10.61%
EPS beat(4)1
Avg EPS beat(4)-116.64%
Min EPS beat(4)-298.09%
Max EPS beat(4)10.61%
EPS beat(8)2
Avg EPS beat(8)-60.42%
EPS beat(12)5
Avg EPS beat(12)-45.17%
EPS beat(16)6
Avg EPS beat(16)-35.64%
Revenue beat(2)0
Avg Revenue beat(2)-5.82%
Min Revenue beat(2)-7.66%
Max Revenue beat(2)-3.99%
Revenue beat(4)0
Avg Revenue beat(4)-4.53%
Min Revenue beat(4)-7.66%
Max Revenue beat(4)-2.59%
Revenue beat(8)1
Avg Revenue beat(8)1.54%
Revenue beat(12)2
Avg Revenue beat(12)0.02%
Revenue beat(16)6
Avg Revenue beat(16)2.58%
PT rev (1m)0%
PT rev (3m)-5.17%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-87.08%
EPS NY rev (1m)0%
EPS NY rev (3m)-46.42%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)8.12%
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.96%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 10.68
P/S 1.81
P/FCF 95.09
P/OCF 61.23
P/B 0.59
P/tB 0.59
EV/EBITDA N/A
EPS(TTM)-0.66
EYN/A
EPS(NY)2.27
Fwd EY9.36%
FCF(TTM)0.25
FCFY1.05%
OCF(TTM)0.4
OCFY1.63%
SpS13.36
BVpS41.26
TBVpS40.72
PEG (NY)N/A
PEG (5Y)N/A
Graham Number0 (-100%)
Profitability
Industry RankSector Rank
ROA -0.63%
ROE -9.78%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM 1.91%
ROA(3y)-0.01%
ROA(5y)0.38%
ROE(3y)-0.29%
ROE(5y)4.3%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.02
Health
Industry RankSector Rank
Debt/Equity 0.29
Debt/FCF 47.49
Debt/EBITDA N/A
Cap/Depr 19.83%
Cap/Sales 1.05%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score3
WACC32.18%
ROIC/WACCN/A
Cap/Depr(3y)47.95%
Cap/Depr(5y)136.99%
Cap/Sales(3y)2.76%
Cap/Sales(5y)9.62%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-122.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-22.89%
EPS Next Y443.48%
EPS Next 2Y201.93%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-13.55%
Revenue growth 3Y-0.55%
Revenue growth 5Y2.93%
Sales Q2Q%-13.79%
Revenue Next Year35.65%
Revenue Next 2Y23.79%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-78.64%
FCF growth 3Y-67.58%
FCF growth 5YN/A
OCF growth 1Y-73.45%
OCF growth 3Y-65.32%
OCF growth 5Y-23.39%

FIRST INTERNET BANCORP / INBK Fundamental Analysis FAQ

What is the fundamental rating for INBK stock?

ChartMill assigns a fundamental rating of 3 / 10 to INBK.


Can you provide the valuation status for FIRST INTERNET BANCORP?

ChartMill assigns a valuation rating of 4 / 10 to FIRST INTERNET BANCORP (INBK). This can be considered as Fairly Valued.


Can you provide the profitability details for FIRST INTERNET BANCORP?

FIRST INTERNET BANCORP (INBK) has a profitability rating of 2 / 10.


How financially healthy is FIRST INTERNET BANCORP?

The financial health rating of FIRST INTERNET BANCORP (INBK) is 1 / 10.