First Internet Bancorp ( INBK) Stock. Should you Buy or Sell? $ 36.16
0.31 (0.85 %)
First Internet Bancorp Analysis
Updated on 10-09-2022| Symbol | INBK |
| Price | $36.16 |
| Beta | 0.661 |
| Volume Avg. | $26.86 thousand |
| Market Cap | $340.2 M |
| 52 Week Range | $28.11 - $53.56 |
First Internet Bancorp opened the day at $36.16 which is +'0.85 % on yesterday's close. First Internet Bancorp has a 52 week high of $53.56 and 52 week low of $28.11, which is a difference of $25.45. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $340.2 M and total net profit is $114765000 which means the company is trading at 2.96 times profit to market capitalization. Theoretically, if you were to buy First Internet Bancorp for $340.2 M, it would take 15 years to get your money back. First Internet Bancorp are in the Banks—Regional space which will have a sweet spot and industry standard for net profit multiples.
Price Chart
Financials
First Internet Bancorp Stock Forecast - Is First Internet Bancorp a Buy or Sell?
| DCF Score | Strong Buy | |
| ROE Score | Strong Buy | |
| ROA Score | Strong Buy | |
| DE Score | Strong Buy | |
| PE Score | Buy | |
| PB Score | Strong Buy | |
| Overall Recommendation | Strong Buy |
Growth and Value
| PE Ratio | 7.878 |
| Dividend Yiel | 0.007 |
| Net Profit Margin | 0.580 |
Valuing First Internet Bancorp
| Price Book Value Ratio | 40193.427 | Price To Book Ratio | 40193.427 |
| Price To Sales Ratio | 2.733 | Price Earnings Ratio | 4.712 |
How liquid is First Internet Bancorp
| Current Ratio | 0.000 |
| Quick Ratio | 0.000 |
Debt
| Debt Ratio | 419132.884 | Debt Equity Ratio | 419132.884 |
| Long Term Debt To Capitalization | 0.000 | Total Debt To Capitalization | 0.000 |
Latest news about First Internet Bancorp
First Internet Bancorp (NASDAQ:INBK ) Q2 2022 Earnings Conference Call July 21, 2022 12:00 PM ET Company Participants Larry Clark - Financial Profiles David Becker - Chairman and Chief Executive Officer Kenneth Lovik - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Perito - KBW Nathan Race - Piper Sandler Brett Rabatin - Hovde Group John Rodis - Janney George Sutton - Craig-Hallum Operator Good day, everyone, and welcome to the First Internet Bancorp Earnings Conference Call for the Second Quarter of 2022. And please note that today's event is being recorded.
First Internet (INBK) delivered earnings and revenue surprises of -10% and 3.40%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
First Internet (INBK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The consensus price target hints at a 43.6% upside potential for First Internet (INBK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its second quarter 2022 financial results after the market close on Wednesday, July 20, 2022. A conference call and webcast to discuss the results will be held the following day, Thursday, July 21, 2022 at 12:00 p.m., Eastern Time. Conference Call and Webcast Information: Date and Time: Thursday, July 21, 2022,
About First Internet Bancorp
Description :
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. The company accepts non-interest bearing and interest-bearing demand deposit, savings, money market, and brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real estate, construction, residential mortgage, home equity and improvement, small installment, term, and other consumer loans, as well as single tenant lease financing, and public and healthcare finance; franchise finance; and small business lending. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and provision of municipal finance lending and leasing products to government entities. In addition, it offers corporate credit card and treasury management services. The company provides its services through its firstib.com Website. First Internet Bancorp was founded in 1999 and is headquartered in Fishers, Indiana.
