YOLFTbeta
First Internet Bancorp

First Internet Bancorp

INBK · NASDAQ · Financial Services / Banks - Regional

25.37USD-0.03 (-0.12%)

Price History

Full chart

Market Stats

Previous Close25.40
Open25.64
Day Range25.00 – 25.64
52-Week Range16.91 – 31.09
Volume47.90K
Market Cap230.48M
P/E (TTM)0.00
Forward P/E8.45
EPS-3.61
Dividend Yield0.91%
Beta0.83
50-Day Avg28.07
200-Day Avg24.07

About

First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides various commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States. The company offers noninterest-bearing and interest-bearing demand deposits, savings accounts, and money market accounts, as well as certificates of deposit and brokered deposits. It also provides commercial and industrial, owner-occupied commercial real estate, investor commercial real estate, construction, single tenant lease financing, single tenant lease, public, specialty, healthcare and finance, small business lending, commercial deposits and treasury management, franchise finance, residential mortgage, home equity, and other consumer loans. In addition, the company is involved in the provision of municipal finance lending and leasing products to government entities, as well as treasury management services; purchase, manage, service, and safekeeping of municipal securities; and offers corporate credit cards. First Internet Bancorp was founded in 1998 and is headquartered in Fishers, Indiana.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. David B. Becker
  • Employees354
  • Headquarters8701 East 116th Street, Fishers, IN, United States, 46038, USA
  • Websitehttps://www.firstinternetbancorp.com

Leadership

  • Mr. David B. BeckerChairman & CEO · b. 1953
  • Ms. Nicole S. LorchPresident, COO & Corporate Secretary · b. 1974
  • Mr. Kenneth J. LovikExecutive VP & CFO · b. 1970
  • Ms. Paula DeemerExecutive Assistant & Director of Corporate Administration
  • Mr. David M. BybeeSenior vice president of government guaranteed lending.

Financials

Income Statement

Currency: USD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue22.20M26.16M34.10M33.74M31.51M28.73M28.03M34.79M34.40M37.84M50.96M72.08M94.21M123.28M163.06M171.16M162.09M173.73M259.85M333.42M322.87M
Growth (%)-+17.85%+30.36%-1.05%-6.61%-8.81%-2.45%+24.13%-1.13%+10.00%+34.66%+41.46%+30.69%+30.86%+32.26%+4.97%-5.30%+7.18%+49.57%+28.31%-3.17%
Cost of Revenue13.62M17.20M21.96M23.69M26.42M11.71M12.06M11.38M8.41M9.28M12.64M23.54M35.59M57.09M90.41M81.64M48.36M64.79M181.23M221.72M278.71M
Gross Profit8.57M8.95M12.14M10.05M5.09M17.02M15.97M23.41M25.99M28.56M38.32M48.55M58.62M66.19M72.65M89.52M113.73M108.94M78.62M111.70M44.16M
Gross Margin38.62%34.22%35.59%29.78%16.15%59.24%56.97%67.28%75.55%75.48%75.19%67.34%62.23%53.69%44.55%52.30%70.17%62.71%30.26%33.50%13.68%
Operating Expense5.46M6.12M8.36M8.48M9.34M10.37M12.01M15.61M19.83M22.11M24.65M30.56M35.70M42.24M45.49M55.62M57.16M68.84M73.68M84.16M95.03M
Operating Income3.11M2.84M3.78M1.57M-4.25M6.65M3.96M7.80M6.16M6.45M13.66M17.98M22.93M23.95M27.16M33.90M56.57M40.10M4.94M27.54M-50.87M
Operating Margin14.02%10.84%11.07%4.64%-13.50%23.15%14.12%22.42%17.90%17.05%26.82%24.95%24.34%19.43%16.65%19.80%34.90%23.08%1.90%8.26%-15.76%
EBITDA3.53M3.06M3.97M2.28M-3.65M7.01M4.21M10.66M8.42M8.35M15.61M21.78M28.23M29.62M34.08M41.73M65.35M48.83M10.69M36.00M-44.68M
EBITDA Margin15.92%11.68%11.65%6.75%-11.58%24.40%15.02%30.64%24.47%22.08%30.63%30.22%29.96%24.02%20.90%24.38%40.31%28.11%4.11%10.80%-13.84%
Net Income2.18M2.13M2.83M1.58M-2.12M4.95M3.19M5.61M4.59M4.32M8.93M12.07M15.23M21.90M25.24M29.45M48.11M35.54M8.42M25.28M-35.17M
Net Income Margin9.82%8.14%8.29%4.67%-6.72%17.24%11.37%16.11%13.35%11.43%17.52%16.75%16.16%17.76%15.48%17.21%29.68%20.46%3.24%7.58%-10.89%
R&D--------000000-------
R&D as % of Total Revenue--------0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense11.67M14.95M20.16M18.87M14.86M10.79M9.62M8.53M8.09M8.93M10.69M19.21M30.71M53.20M84.45M72.32M47.33M59.81M164.54M204.51M206.40M
Interest Expense % of Total Revenue52.58%57.15%59.13%55.94%47.16%37.54%34.33%24.52%23.51%23.59%20.99%26.65%32.60%43.15%51.79%42.25%29.20%34.43%63.32%61.34%63.93%

Balance Sheet

Currency: USD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets431.65M483.53M557.90M543.04M504.62M503.92M585.44M636.37M802.34M970.50M1.27B1.85B2.77B3.54B4.10B4.25B4.21B4.54B5.17B5.74B5.57B
Total Liabilities388.17M440.87M511.81M497.63M459.85M455.02M530.02M575.02M711.43M873.72M1.17B1.70B2.54B3.25B3.80B3.92B3.83B4.18B4.80B5.35B5.21B
Total Equity43.48M42.67M46.09M45.41M44.76M48.90M55.42M61.35M90.91M96.78M104.33M153.94M224.13M288.74M304.91M330.94M380.34M364.97M362.80M384.06M359.77M
Cash6.66M3.14M65.17M25.78M30.02M32.42M34.78M32.51M56.19M30.29M26.15M39.70M47.98M188.71M327.36M419.81M442.96M256.55M405.90M466.41M456.78M
Total Debt59.70M55.70M97.40M114.00M47.00M30.45M40.57M40.69M34.58M113.05M216.41M226.56M446.90M559.03M584.44M594.52M619.15M719.46M719.77M400.15M354.96M
Net Debt53.04M52.56M32.23M88.22M16.98M-1.96M5.79M8.17M-21.61M79.48M177.53M186.86M398.92M370.32M257.08M174.71M176.19M462.91M313.87M-66.26M-101.81M

Cash Flow

Currency: USD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow7.24M-2.24M4.60M4.62M1.64M11.34M-31.43M-5.68M41.54M1.98M10.91M26.47M24.62M29.36M-43.58M13.07M54.84M82.72M11.68M12.99M3.45M
Investing Cash Flow-24.43M-33.91M14.75M-29.99M40.21M-3.38M-40.18M-40.13M-185.42M-186.69M-304.19M-586.72M-908.15M-638.71M-313.27M-44.81M43.87M-601.03M-474.50M-496.17M128.68M
Financing Cash Flow-14.97M51.30M8.43M-14.02M-37.61M-5.56M73.96M43.55M165.06M159.31M290.15M574.55M892.06M750.09M495.50M124.19M-75.56M331.90M612.17M543.69M-141.76M
Capital Expenditure276.00K247.00K1.18M480.73K72.17K780.35K233.00K309.00K7.19M915.00K2.54M3.17M1.52M2.22M4.11M25.56M29.89M17.52M5.37M2.59M1.23M
Free Cash Flow6.97M-2.49M3.41M4.14M1.57M10.56M-31.66M-5.99M34.35M1.06M8.37M23.30M23.11M27.14M-47.68M-12.49M24.95M65.21M6.31M10.40M2.22M
Dividends Paid-------479.00K450.00K1.08M1.09M1.20M1.68M2.23M2.42M2.35M2.42M2.32M2.16M2.08M2.09M
FCF to OCF96.19%111.02%74.27%89.60%95.60%93.12%100.74%105.44%82.70%53.79%76.69%88.01%93.84%92.44%109.42%-95.58%45.49%78.82%54.05%80.05%64.40%
Dividend Paid to FCF--------7.99%1.31%101.41%13.07%5.15%7.25%8.22%-5.07%-18.81%9.68%3.55%34.15%19.98%93.97%

Earnings

Report DateMar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Aug 28, 2013Nov 27, 2013Jan 29, 2014Apr 24, 2014Jul 24, 2014Oct 23, 2014Jan 22, 2015Apr 23, 2015Jul 23, 2015Oct 22, 2015Jan 21, 2016Apr 21, 2016Jul 21, 2016Oct 20, 2016Jan 19, 2017Apr 20, 2017Jul 20, 2017Oct 19, 2017Jan 18, 2018Apr 19, 2018Jul 19, 2018Oct 24, 2018Jan 23, 2019Apr 24, 2019Jul 24, 2019Oct 23, 2019Jan 22, 2020Apr 22, 2020Jul 22, 2020Oct 21, 2020Jan 20, 2021Apr 21, 2021Jul 21, 2021Oct 20, 2021Jan 19, 2022Apr 20, 2022Jul 20, 2022Oct 19, 2022Jan 25, 2023Apr 26, 2023Jul 26, 2023Oct 25, 2023Jan 24, 2024Apr 24, 2024Jul 24, 2024Oct 23, 2024Jan 22, 2025Apr 23, 2025Jul 23, 2025Oct 22, 2025Jan 29, 2026Apr 30, 2026Jul 30, 2026Oct 28, 2026
EPS Estimate-------------------0.110.170.180.180.310.350.430.460.520.530.700.570.530.460.570.660.610.710.700.610.600.490.580.610.570.570.330.410.850.931.191.141.181.041.131.130.700.470.400.350.290.530.700.820.910.740.310.640.570.080.030.80
EPS Actual-0.070.09-0.07-0.700.810.330.350.250.190.290.270.380.400.450.570.550.520.590.250.190.130.220.280.320.460.520.510.500.530.570.680.640.430.610.710.630.710.670.610.530.560.600.630.720.620.401.031.121.051.111.271.301.221.060.900.680.530.440.390.480.590.720.800.410.110.02-1.430.640.290.27-
Surprise-------------------72.73%-23.53%22.22%55.56%3.23%31.43%20.93%10.87%-3.85%0.00%-18.57%19.30%20.75%-6.52%7.02%7.58%3.28%0.00%-4.29%0.00%-11.67%14.29%3.45%3.28%26.32%8.77%21.21%151.22%31.76%12.90%-6.72%11.40%10.17%17.31%-6.19%-20.35%-2.86%12.77%10.00%11.43%65.52%11.32%2.86%-2.44%-54.95%-85.14%-93.55%-323.44%12.28%262.50%800.00%-
Timing-------------------Pre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap230.48M
Enterprise Value164.64M
Trailing P/E0.00
Forward P/E8.45
PEG Ratio0.00
Price / Sales4.18
Price / Book0.63
EPS-3.61
Book Value41.63
Revenue (TTM)55.15M
Gross Profit (TTM)55.15M
Profit Margin-56.99%
Operating Margin11.54%
Return on Equity-8.34%
Return on Assets-0.54%
Shares Outstanding8.73M
Shares Float7.51M
Beta0.83
Dividend Yield0.91%
Dividend Rate0.24
Payout Ratio13.64%

Analyst Ratings

Buy
Based on 5 analystsTarget 30.90
  • Strong Buy
    2
  • Hold
    3

Ownership Breakdown

Institutions
72.72%
Insiders
13.99%
Retail / Other
13.29%

Top Institutional Holders

  • BlackRock Inc
    778.52K8.91%
  • Heartland Advisors Inc
    375.90K4.30%
  • Aegis Financial Corporation
    354.26K4.06%
  • Vanguard Capital Management, LLC
    336.25K3.85%
  • Dimensional Fund Advisors, Inc.
    327.83K3.75%
  • Acadian Asset Management LLC
    216.35K2.48%
  • Geode Capital Management, LLC
    209.81K2.40%
  • Simcoe Capital LLC
    208.78K2.39%
  • CSM Advisors, LLC
    191.38K2.19%
  • D. E. Shaw & Co LP
    167.89K1.92%
  • Quantinno Capital Management LP
    162.42K1.86%
  • Banc Funds Co LLC
    162.18K1.86%
  • Hotchkis & Wiley Capital Management LLC
    149.05K1.71%
  • State Street Corp
    133.68K1.53%
  • State Of Wisconsin Investment Board
    109.72K1.26%
  • Jacobs Levy Equity Management, Inc.
    108.34K1.24%

Top Fund Holders

  • Aegis Value I
    347.13K3.97%
  • Heartland Value Investor
    250.00K2.86%
  • Vanguard MStar Total Stk Mkt Idx Invest
    242.20K2.77%
  • iShares Russell 2000 ETF
    197.69K2.26%

Dividends

20262×
0.06Jun 30, 20260.06Mar 31, 2026
20254×
0.06Dec 31, 20250.06Sep 30, 20250.06Jun 30, 20250.06Mar 31, 2025
20244×
0.06Dec 31, 20240.06Sep 30, 20240.06Jun 28, 20240.06Mar 27, 2024
20234×
0.06Dec 28, 20230.06Sep 28, 20230.06Jun 29, 20230.06Mar 30, 2023
20224×
0.06Dec 29, 20220.06Sep 29, 20220.06Jun 30, 20220.06Mar 30, 2022
20214×
0.06Dec 30, 20210.06Sep 29, 20210.06Jun 30, 20210.06Mar 30, 2021
20202×
0.06Dec 30, 20200.06Sep 30, 2020

Stock Splits

  • Jun 24, 201315:10