First Internet Bancorp (INBK)

First Internet Bancorp Statistics

Total Valuation

INBK has a market cap or net worth of $305.98 million. The enterprise value is $211.49 million.

Market Cap	305.98M
Enterprise Value	211.49M

Important Dates

The next estimated earnings date is Wednesday, January 22, 2025, after market close.

Earnings Date	Jan 22, 2025
Ex-Dividend Date	Dec 31, 2024

Share Statistics

INBK has 8.67 million shares outstanding. The number of shares has decreased by -2.99% in one year.

Current Share Class	8.67M
Shares Outstanding	8.67M
Shares Change (YoY)	-2.99%
Shares Change (QoQ)	+1.30%
Owned by Insiders (%)	7.20%
Owned by Institutions (%)	76.93%
Float	8.04M

Valuation Ratios

The trailing PE ratio is 13.97 and the forward PE ratio is 9.06.

PE Ratio	13.97
Forward PE	9.06
PS Ratio	2.81
Forward PS	2.63
PB Ratio	0.79
P/TBV Ratio	0.80
P/FCF Ratio	10.57
P/OCF Ratio	9.73
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	9.57
EV / Sales	1.94
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	7.30

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	21.44
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 6.03%.

Return on Equity (ROE)	6.03%
Return on Assets (ROA)	0.40%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$375,793
Profits Per Employee	$76,169
Employee Count	290
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, INBK has paid $682,000 in taxes.

Income Tax	682,000
Effective Tax Rate	3.00%

Stock Price Statistics

The stock price has increased by +46.01% in the last 52 weeks. The beta is 0.71, so INBK's price volatility has been lower than the market average.

Beta (5Y)	0.71
52-Week Price Change	+46.01%
50-Day Moving Average	38.88
200-Day Moving Average	34.00
Relative Strength Index (RSI)	32.50
Average Volume (20 Days)	26,351

Short Selling Information

The latest short interest is 82,994, so 0.96% of the outstanding shares have been sold short.

Short Interest	82,994
Short Previous Month	89,334
Short % of Shares Out	0.96%
Short % of Float	1.03%
Short Ratio (days to cover)	3.38

Income Statement

In the last 12 months, INBK had revenue of $108.98 million and earned $22.09 million in profits. Earnings per share was $2.53.

Revenue	108.98M
Gross Profit	108.98M
Operating Income	27.64M
Pretax Income	18.24M
Net Income	22.09M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$2.53

Balance Sheet

The company has $715.26 million in cash and $620.77 million in debt, giving a net cash position of $94.49 million or $10.90 per share.

Cash & Cash Equivalents	715.26M
Total Debt	620.77M
Net Cash	94.49M
Net Cash Per Share	$10.90
Equity (Book Value)	385.13M
Book Value Per Share	44.43
Working Capital	-3.98B

Cash Flow

In the last 12 months, operating cash flow was $31.45 million and capital expenditures -$2.49 million, giving a free cash flow of $28.96 million.

Operating Cash Flow	31.45M
Capital Expenditures	-2.49M
Free Cash Flow	28.96M
FCF Per Share	$3.34

Margins

Gross Margin	n/a
Operating Margin	25.36%
Pretax Margin	20.89%
Profit Margin	20.27%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	26.57%

Dividends & Yields

This stock pays an annual dividend of $0.24, which amounts to a dividend yield of 0.68%.

Dividend Per Share	$0.24
Dividend Yield	0.68%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	9.50%
Buyback Yield	2.99%
Shareholder Yield	3.65%
Earnings Yield	7.22%
FCF Yield	9.46%

Analyst Forecast

The average price target for INBK is $41.13, which is 16.52% higher than the current price. The consensus rating is "Buy".

Price Target	$41.13
Price Target Difference	16.52%
Analyst Consensus	Buy
Analyst Count	4
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on June 24, 2013. It was a forward split with a ratio of 1.5:1.

Last Split Date	Jun 24, 2013
Split Type	Forward
Split Ratio	1.5:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4