22.67 USD
+0.08 (+0.35%)
22.67 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to INBK. INBK was compared to 383 industry peers in the Banks industry. INBK may be in some trouble as it scores bad on both profitability and health. INBK is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year INBK has reported negative net income.
- INBK had a negative operating cash flow in the past year.
- Each year in the past 5 years INBK has been profitable.
- Each year in the past 5 years INBK had a positive operating cash flow.
1.2 Ratios
- INBK's Return On Assets of -0.59% is on the low side compared to the rest of the industry. INBK is outperformed by 93.47% of its industry peers.
- INBK has a Return On Equity of -9.41%. This is amonst the worse of the industry: INBK underperforms 93.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.59% | ||
| ROE | -9.41% | ||
| ROIC | N/A |
ROA(3y)0.46%
ROA(5y)0.64%
ROE(3y)6.21%
ROE(5y)8.04%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- INBK's Profit Margin has declined in the last couple of years.
- The Profit Margin and Operating Margin and Gross Margin are not available for INBK so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-22.49%
PM growth 5Y-9.89%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- INBK does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, INBK has more shares outstanding
- Compared to 5 years ago, INBK has less shares outstanding
- Compared to 1 year ago, INBK has an improved debt to assets ratio.
2.2 Solvency
- A Debt/Equity ratio of 0.30 indicates that INBK is not too dependend on debt financing.
- INBK's Debt to Equity ratio of 0.30 is on the low side compared to the rest of the industry. INBK is outperformed by 66.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC25.4%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The earnings per share for INBK have decreased strongly by -118.50% in the last year.
- The Earnings Per Share has been growing slightly by 2.86% on average over the past years.
- INBK shows a decrease in Revenue. In the last year, the revenue decreased by -6.68%.
- The Revenue has been growing by 11.04% on average over the past years. This is quite good.
EPS 1Y (TTM)-118.5%
EPS 3Y-15.14%
EPS 5Y2.86%
EPS Q2Q%-278.75%
Revenue 1Y (TTM)-6.68%
Revenue growth 3Y4.11%
Revenue growth 5Y11.04%
Sales Q2Q%44.77%
3.2 Future
- INBK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.84% yearly.
- INBK is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.77% yearly.
EPS Next Y-117.26%
EPS Next 2Y21.67%
EPS Next 3Y22.84%
EPS Next 5YN/A
Revenue Next Year33.35%
Revenue Next 2Y29.29%
Revenue Next 3Y22.77%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- INBK reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- The Price/Forward Earnings ratio is 5.30, which indicates a rather cheap valuation of INBK.
- Based on the Price/Forward Earnings ratio, INBK is valued cheaply inside the industry as 96.87% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. INBK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.3 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- A more expensive valuation may be justified as INBK's earnings are expected to grow with 22.84% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y21.67%
EPS Next 3Y22.84%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.99%, INBK is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.64, INBK's dividend is way lower than its industry peers. On top of this 81.20% of the companies listed in the same industry pay a better dividend than INBK!
- With a Dividend Yield of 0.99, INBK pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
5.2 History
- The dividend of INBK decreases each year by -0.26%.
- 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)-0.26%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
- INBK has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-6.25%
EPS Next 2Y21.67%
EPS Next 3Y22.84%
FIRST INTERNET BANCORP / INBK FAQ
What is the fundamental rating for INBK stock?
ChartMill assigns a fundamental rating of 3 / 10 to INBK.
What is the valuation status for INBK stock?
ChartMill assigns a valuation rating of 3 / 10 to FIRST INTERNET BANCORP (INBK). This can be considered as Overvalued.
How profitable is FIRST INTERNET BANCORP (INBK) stock?
FIRST INTERNET BANCORP (INBK) has a profitability rating of 2 / 10.
Can you provide the expected EPS growth for INBK stock?
The Earnings per Share (EPS) of FIRST INTERNET BANCORP (INBK) is expected to decline by -117.26% in the next year.
Can you provide the dividend sustainability for INBK stock?
The dividend rating of FIRST INTERNET BANCORP (INBK) is 3 / 10 and the dividend payout ratio is -6.25%.