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First Internet Bancorp
NASDAQ:INBK

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First Internet Bancorp Logo
First Internet Bancorp
NASDAQ:INBK
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Price: 32.07 USD -0.34% Market Closed
Updated: Apr 23, 2024

Intrinsic Value

First Internet Bancorp engages in the provision of online commercial and retail banking products and services. [ Read More ]

The intrinsic value of one INBK stock under the Base Case scenario is 40.32 USD. Compared to the current market price of 32.07 USD, First Internet Bancorp is Undervalued by 20%.

Key Points:
INBK Intrinsic Value
Base Case
40.32 USD
Undervaluation 20%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

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First Internet Bancorp

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Fundamental Analysis

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First Internet Bancorp

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trend over the past five years for First Internet Bancorp.

Financials

Balance Sheet Decomposition
First Internet Bancorp

Net Loans 3.8B
Investments 1.2B
PP&E 73.5m
Intangibles 4.7m
Other Assets 135.5m
Total Deposits 4.1B
Long Term Debt 104.8m
Other Liabilities 633m
Efficiency

Wall St
Price Targets

INBK Price Targets Summary
First Internet Bancorp

Wall Street analysts forecast INBK stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for INBK is 36.82 USD with a low forecast of 33.33 USD and a high forecast of 42 USD.

Lowest
Price Target
33.33 USD
4% Upside
Average
Price Target
36.82 USD
15% Upside
Highest
Price Target
42 USD
31% Upside
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View Analyst Estimates

Competitive Landscape

Ownership

INBK Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Shareholder Return

INBK Price
First Internet Bancorp

1M 1M
-5%
6M 6M
+105%
1Y 1Y
+96%
3Y 3Y
-11%
5Y 5Y
+57%
10Y 10Y
+57%
Annual Price Range
32.07
52w Low
9.76
52w High
34.93
Price Metrics
Average Annual Return 14.18%
Standard Deviation of Annual Returns 49.87%
Max Drawdown -81%
Shares Statistics
Market Capitalization 277.2m USD
Shares Outstanding 8 720 100
Percentage of Shares Shorted 1.14%

INBK Return Decomposition
Main factors of price return

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Company Profile

First Internet Bancorp Logo
First Internet Bancorp

Country

United States of America

Industry

Banking

Market Cap

277.2m USD

Dividend Yield

0.75%

Description

First Internet Bancorp engages in the provision of online commercial and retail banking products and services. The company is headquartered in Fishers, Indiana and currently employs 286 full-time employees. The company went IPO on 2013-02-22. The firm offers a range of commercial, small business, consumer and municipal banking products and services. The firm conducts consumer and small business deposit operations primarily through digital channels on a nationwide basis. Its residential mortgage products are offered nationwide primarily through a digital direct-to-consumer platform. Its commercial banking products and services are delivered through a relationship banking model and include commercial real estate (CRE) banking, commercial and industrial (C&I) banking, public finance, healthcare finance, small business lending and commercial deposits and treasury management. The company also provides a range of public and municipal finance lending and leasing products to governmental entities throughout the United States.

Contact

INDIANA
Fishers
8701 E. 116Th Street
+13175327900.0
http://www.firstinternetbancorp.com

IPO

2013-02-22

Employees

286

Officers

Chairman & CEO
Mr. David B. Becker
President, COO & Corporate Secretary
Ms. Nicole S. Lorch
Executive VP & CFO
Mr. Kenneth J. Lovik
Executive Assistant & Director of Corporate Administration
Ms. Paula Deemer
VP & Senior Credit Officer
Mr. David Bybee

See Also

Discover More
What is the Intrinsic Value of one INBK stock?

The intrinsic value of one INBK stock under the Base Case scenario is 40.32 USD.

Is INBK stock undervalued or overvalued?

Compared to the current market price of 32.07 USD, First Internet Bancorp is Undervalued by 20%.