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INBK Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
23.170
Open
22.440
VWAP
22.68
Vol
63.31K
Mkt Cap
199.79M
Low
21.955
Amount
1.44M
EV/EBITDA(TTM)
--
Total Shares
8.72M
EV
545.64M
EV/OCF(TTM)
--
P/S(TTM)
1.86
First Internet Bancorp is a bank holding company, which is engaged in conducting its primary business activities through its wholly owned subsidiary, First Internet Bank of Indiana (the Bank), an Indiana chartered bank. The Bank offers a range of commercial, small business, consumer and municipal banking products and services. The Bank conducts its consumer and small business deposit operations primarily through digital channels on a nationwide basis and have no traditional branch offices. Its consumer lending products are primarily originated on a nationwide basis through relationships with dealerships and financing partners. The Bank's commercial banking products and services are delivered through a relationship banking model and include commercial and industrial (C&I) banking, construction and investor commercial real estate, single tenant lease financing, public finance, healthcare finance, small business lending, commercial deposits, and treasury management.
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Events Timeline

(ET)
2026-04-30
16:21:00
First Internet Bancorp Reports Q1 Revenue of $43.1M
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2026-01-29 (ET)
2026-01-29
16:20:00
First Internet Bancorp Reports Q4 Revenue of $41.7M
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2025-10-22 (ET)
2025-10-22
16:55:40
First Internet Bancorp Announces Q3 Adjusted EPS of $1.43, Exceeding Consensus Estimate of 64 Cents
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2025-09-10 (ET)
2025-09-10
16:39:24
First Internet Bancorp to offload nearly $1 billion in financing loans to Blackstone
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News

seekingalpha
9.5
01:11 AMseekingalpha
First Internet Bancorp Q1 2026 Earnings Highlights
  • Significant Revenue Growth: First Internet Bancorp reported total revenue of $43.1 million for Q1 2026, reflecting a 21% year-over-year increase, which underscores the resilience and strength of its diversified business model and is expected to enhance market competitiveness.
  • Deposit Structure Optimization: Total deposits reached $5 billion, up from $4.8 billion in the previous quarter, with average fintech deposits at $2.4 billion, indicating positive progress in attracting lower-cost deposits.
  • Rising Credit Costs: The provision for credit losses was $16.3 million, with net charge-offs at $15.8 million; while credit costs remain elevated in the short term, management anticipates gradual improvement in the second half of 2026, reflecting a focus on credit quality.
  • Macroeconomic Uncertainty: Management expressed caution regarding future loan growth, noting that volatile energy prices and geopolitical risks could lead to tighter underwriting standards, potentially impacting overall business development.
Newsfilter
4.5
04-27Newsfilter
Indian Stocks Set to Rebound on Monday Amid Earnings and Crude Prices
  • Market Rebound Anticipation: Indian stocks are expected to open about 1% higher on Monday, with GIFT Nifty futures at 24,143.50 points, driven by buying interest in undervalued stocks following recent corrections, although overall sentiment remains subdued.
  • Crude Price Impact: Brent crude is trading at approximately $107 per barrel, as disruptions in Middle Eastern energy exports due to the Iran war crisis raise concerns about global economic slowdown and inflation, impacting investor sentiment.
  • Earnings Reports Focus: Quarterly earnings from Reliance Industries and Axis Bank will be in focus, with Reliance missing profit expectations due to rising costs and supply disruptions, while Axis Bank faces pressure from lower treasury income and higher provisions.
  • Foreign Investment Trends: Foreign portfolio investors have been net sellers of Indian stocks for the fifth consecutive session, while domestic institutional investors continue to buy, indicating a divergence in market liquidity dynamics.
Newsfilter
9.5
04-24Newsfilter
IndusInd Bank Reports Strong Q4 Profit Surpassing Expectations
  • Strong Profit Performance: IndusInd Bank reported a profit of 5.33 billion rupees ($56.55 million) for the quarter ending March 31, significantly exceeding analysts' expectations of 3.89 billion rupees, indicating a remarkable improvement in its profitability.
  • Reduction in Provisions: The primary driver of this quarter's profit was a decrease in provisions for potential bad loans, reflecting the bank's positive progress in risk management and enhancing market confidence.
  • Historical Comparison: In contrast to the same quarter last year, when IndusInd Bank reported its largest-ever quarterly loss due to years of misaccounting of internal derivative trades, this turnaround signifies a substantial improvement in the bank's financial health.
  • Enhanced Market Position: As the fifth-largest private lender in India, IndusInd Bank's strong performance not only boosts its market capitalization but may also attract more investor attention, further propelling its future growth.
Newsfilter
1.0
04-08Newsfilter
First Internet Bank Executive to Speak at Payments Conference
  • Executive Speech: Anne Sharkey, Senior Vice President and Chief Risk Officer of First Internet Bank, will speak at the 2026 Nacha Smarter Faster Payments Conference, highlighting the importance of collaboration between financial institutions and the payments ecosystem, which is expected to attract significant industry attention.
  • Conference Theme: Sharkey will discuss how industry collaboration can enhance customer experience during the spotlight session on April 28, emphasizing the critical role banks play in balancing innovation with trust and reliability, reflecting the challenges and opportunities in today's digital payments landscape.
  • Industry Collaboration: The conference will bring together financial institutions, payment innovators, and industry leaders to explore trends shaping the future of the payments ecosystem, aiming to improve customer engagement and drive the next generation of digital financial services through collaboration.
  • Bank Background: Since its inception in 1999, First Internet Bank has become a pioneer in branchless banking services, with assets reaching $5.6 billion as of December 31, 2025, offering a variety of financial services that underscore its significant position in the industry.
Newsfilter
5.0
03-25Newsfilter
First Internet Bank Appoints New SBA National Sales Manager
  • New Appointment: First Internet Bank has announced the appointment of Gary Carter as the Small Business Administration (SBA) National Sales Manager, tasked with leading the national SBA sales strategy aimed at expanding client relationships and increasing loan volume, thereby enhancing the lending experience for small business clients.
  • Experienced Leader: In his previous role as Senior Credit Officer, Carter worked closely with the sales team to optimize deal structures and improve loan conversion rates, showcasing his expertise in driving successful SBA loan outcomes, which is expected to enhance the bank's loan issuance efficiency.
  • Strategic Focus: Carter emphasizes that strong SBA growth relies on clarity and consistent execution rather than merely chasing volume, a philosophy that will help the bank maintain robust performance while expanding its market presence and building customer trust.
  • Industry Background: Prior to joining First Internet Bank, Carter gained extensive experience at Live Oak Bank, where he supported sales teams in efficiently navigating the SBA loan process, and he is expected to leverage this experience to assist small business owners in securing loans, driving the bank's business growth.
Newsfilter
8.5
03-17Newsfilter
First Internet Bank Earns Top Checking Account Distinction
  • Award Recognition: First Internet Bank's Do More Business™ Checking account has been awarded the top checking account distinction in the MoneyRates 2026 Banking Awards, highlighting its competitive edge among U.S. financial institutions representing over half of all bank deposits.
  • Transparent Fees: The account's high ranking is attributed to the elimination of monthly maintenance and overdraft fees while maintaining a low $100 minimum opening deposit, which helps business owners reduce unnecessary costs and enhances customer satisfaction.
  • Consecutive Awards: The Do More Business™ Checking account has been recognized as a 2025 Silver winner for Small or Medium Business Product of the Year by the Best in Biz Awards for the third consecutive year, further solidifying its market position and demonstrating the product's ongoing appeal.
  • Industry Pioneer: Since its inception in 1999, First Internet Bank has been a pioneer in branchless banking services, boasting assets of $5.6 billion and offering a diverse range of financial services, showcasing its innovative capabilities and market adaptability.
Wall Street analysts forecast INBK stock price to rise
3 Analyst Rating
Wall Street analysts forecast INBK stock price to rise
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
22.00
Averages
27.33
High
35.00
Current: 0.000
sliders
Low
22.00
Averages
27.33
High
35.00
Piper Sandler
Neutral
downgrade
$24
AI Analysis
2026-01-30
Reason
Piper Sandler
Price Target
$24
AI Analysis
2026-01-30
downgrade
Neutral
Reason
Piper Sandler lowered the firm's price target on First Internet Bancorp to $23.50 from $24 and keeps a Neutral rating on the shares. The firm says "this was another disappointing quarter" given still elevated NCOs and with 2026 guidance signaling credit costs are likely to remain elevated at least through the first half of 2026.
Hovde Group
Brett Rabatin
Outperform
maintain
$26 -> $29
2026-01-30
Reason
Hovde Group
Brett Rabatin
Price Target
$26 -> $29
2026-01-30
maintain
Outperform
Reason
Hovde Group analyst Brett Rabatin raised the firm's price target on First Internet Bancorp to $29 from $26 and keeps an Outperform rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for INBK
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Valuation Metrics

The current forward P/E ratio for First Internet Bancorp (INBK.O) is 8.45, compared to its 5-year average forward P/E of 9.71. For a more detailed relative valuation and DCF analysis to assess First Internet Bancorp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
9.71
Current PE
8.45
Overvalued PE
13.35
Undervalued PE
6.08

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-0.86
Current EV/EBITDA
11.36
Overvalued EV/EBITDA
3.93
Undervalued EV/EBITDA
-5.65

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.55
Current PS
1.14
Overvalued PS
3.51
Undervalued PS
1.59

Financials

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Frequently Asked Questions

What is First Internet Bancorp (INBK) stock price today?

The current price of INBK is 22.92 USD — it has increased 1.51

What is First Internet Bancorp (INBK)'s business?

First Internet Bancorp is a bank holding company, which is engaged in conducting its primary business activities through its wholly owned subsidiary, First Internet Bank of Indiana (the Bank), an Indiana chartered bank. The Bank offers a range of commercial, small business, consumer and municipal banking products and services. The Bank conducts its consumer and small business deposit operations primarily through digital channels on a nationwide basis and have no traditional branch offices. Its consumer lending products are primarily originated on a nationwide basis through relationships with dealerships and financing partners. The Bank's commercial banking products and services are delivered through a relationship banking model and include commercial and industrial (C&I) banking, construction and investor commercial real estate, single tenant lease financing, public finance, healthcare finance, small business lending, commercial deposits, and treasury management.

What is the price predicton of INBK Stock?

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 is27.33 USD with a low forecast of 22.00 USD and a high forecast of 35.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is First Internet Bancorp (INBK)'s revenue for the last quarter?

First Internet Bancorp revenue for the last quarter amounts to 39.47M USD, increased 20.11

What is First Internet Bancorp (INBK)'s earnings per share (EPS) for the last quarter?

First Internet Bancorp. EPS for the last quarter amounts to 0.29 USD, increased 163.64

How many employees does First Internet Bancorp (INBK). have?

First Internet Bancorp (INBK) has 354 emplpoyees as of May 01 2026.

What is First Internet Bancorp (INBK) market cap?

Today INBK has the market capitalization of 199.79M USD.