Symbols / INBK Stock $22.52 -0.44% First Internet Bancorp

Financial Services • Banks - Regional • United States • NMS
INBK (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Banks - Regional
CEO Mr. David B. Becker
Exch · Country NMS · United States
Market Cap 196.30M
Enterprise Value 94.49M
Income -35.17M
Sales 44.16M
FCF (ttm) —
Book/sh 41.41
Cash/sh 52.43
Employees 354
Insider 10d —
IPO Apr 05, 2006
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 13.64%
P/E —
Forward P/E 4.84
PEG —
P/S 4.45
P/B 0.54
P/C —
EV/EBITDA —
EV/Sales 2.14
Quick Ratio —
Current Ratio —
Debt/Eq —
LT Debt/Eq —
EPS (ttm) -4.03
EPS next Y 4.66
EPS Growth -28.00%
Revenue Growth -8.00%
EPS Gr Q/Q -27.80%
Rev Gr Q/Q —
Earnings (next) 2026-04-30
Earnings (prior) 2026-01-29
ROA -0.62%
ROE -9.46%
ROIC —
Gross Margin 0.00%
Oper. Margin 23.78%
Profit Margin -79.64%
Shs Outstand 8.72M
Shs Float 7.51M
Insider Own 13.82%
Instit Own 71.82%
Short Float 1.89%
Short Ratio 2.55
Short Interest 151.24K
52W High 28.51
vs 52W High -21.01%
52W Low 17.05
vs 52W Low 32.08%
Beta 0.80
Impl. Vol. 0.10%
Rel Volume 0.52
Avg Volume 57.22K
Volume 29.98K
Target (mean) $24.88
Tgt Median $23.25
Tgt Low $23.00
Tgt High $30.00
# Analysts 4
Recom Buy
Prev Close $22.62
Price $22.52
Change -0.44%
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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$24.88
Mean price target
2. Current target
$22.52
Latest analyst target
3. DCF / Fair value
$24.88
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$22.52
Low
$23.00
High
$30.00
Mean
$24.88

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-30 main Piper Sandler Neutral → Neutral $24
2026-01-30 main Keefe, Bruyette & Woods Market Perform → Market Perform $23
2025-10-27 main Piper Sandler Neutral → Neutral $22
2025-10-24 main Keefe, Bruyette & Woods Market Perform → Market Perform $25
2025-07-28 main Piper Sandler Neutral → Neutral $26
2025-07-28 reit Keefe, Bruyette & Woods Market Perform → Market Perform $27
2025-04-29 main Keefe, Bruyette & Woods Market Perform → Market Perform $30
2025-04-28 main Piper Sandler Neutral → Neutral $24
2025-04-02 main Hovde Group Outperform → Outperform $39
2025-01-27 main Piper Sandler Neutral → Neutral $38
2025-01-24 reit Keefe, Bruyette & Woods Market Perform → Market Perform $40
2024-12-04 main Keefe, Bruyette & Woods Market Perform → Market Perform $45
2024-07-29 main Piper Sandler Neutral → Neutral $41
2024-07-26 main Craig-Hallum Buy → Buy $45
2024-07-26 main Keefe, Bruyette & Woods Market Perform → Market Perform $42
2024-04-29 main Piper Sandler Neutral → Neutral $34
2024-04-26 reit Keefe, Bruyette & Woods Market Perform → Market Perform $36
2024-01-26 main Keefe, Bruyette & Woods Market Perform → Market Perform $34
2023-12-18 up Craig-Hallum Hold → Buy —
2023-10-30 main Piper Sandler Neutral → Neutral $18
News
RSS: Latest INBK news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-02-24 FENECH JOSEPH A. Director — 1,000 $19.83 $19,830
2026-01-20 BECKER DAVID B Chief Executive Officer — 12,566 $0.00 $0
2026-01-20 LORCH NICOLE S President — 8,084 $0.00 $0
2026-01-20 LOVIK KENNETH J Chief Financial Officer — 4,620 $0.00 $0
2025-11-17 LORCH NICOLE S President — 2,000 $17.96 $35,920
2025-10-30 DEE ANN C. Director — 1,110 $17.94 $19,913
2025-10-29 BECKER DAVID B Chief Executive Officer — 5,000 $18.67 $93,350
2025-10-28 KEACH JOHN K JR Director — 2,000 $19.34 $38,680
2025-05-19 DEE ANN C. Director — 2,287 $0.00 $0
2025-05-19 BADE AASIF M. Director — 2,287 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
109.81
-14.82%
128.91
+35.25%
95.31
-16.33%
113.92
Operating Revenue
109.81
-14.82%
128.91
+35.25%
95.31
-16.33%
113.92
Selling General And Administration
59.61
+0.45%
59.34
+14.63%
51.77
+11.91%
46.26
Selling And Marketing Expense
2.48
-4.40%
2.59
+0.86%
2.57
-27.77%
3.55
General And Administrative Expense
57.13
+0.67%
56.76
+15.35%
49.20
+15.21%
42.70
Salaries And Wages
51.03
-1.41%
51.76
+14.20%
45.32
+9.07%
41.55
Other Gand A
—
—
—
—
Reconciled Depreciation
6.19
-26.81%
8.46
+47.18%
5.75
-34.15%
8.73
Total Unusual Items
—
—
0.00
0.00
Total Unusual Items Excluding Goodwill
—
—
0.00
0.00
Special Income Charges
—
—
0.00
0.00
Other Special Charges
—
—
—
—
Write Off
—
—
—
0.00
Net Income
-35.17
-239.14%
25.28
+200.30%
8.42
-76.32%
35.54
Pretax Income
-50.87
-284.70%
27.54
+457.53%
4.94
-87.68%
40.10
Net Interest Income
113.76
+30.19%
87.38
+16.65%
74.90
-22.85%
97.09
Interest Expense
206.40
+0.92%
204.51
+24.29%
164.54
+175.08%
59.81
Interest Income
320.16
+9.69%
291.89
+21.90%
239.44
+52.60%
156.91
Gain On Sale Of Security
0.05
-61.87%
0.14
+230.95%
0.04
0.00
Tax Provision
-15.70
-792.89%
2.27
+165.17%
-3.48
-176.27%
4.56
Tax Rate For Calcs
0.00
+275.57%
0.00
-60.82%
0.00
+84.71%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-35.17
-239.14%
25.28
+200.30%
8.42
-76.32%
35.54
Net Income From Continuing Operation Net Minority Interest
-35.17
-239.14%
25.28
+200.30%
8.42
-76.32%
35.54
Net Income From Continuing And Discontinued Operation
-35.17
-239.14%
25.28
+200.30%
8.42
-76.32%
35.54
Net Income Continuous Operations
-35.17
-239.14%
25.28
+200.30%
8.42
-76.32%
35.54
Normalized Income
-35.17
-239.14%
25.28
+200.30%
8.42
-76.32%
35.54
Net Income Common Stockholders
-35.17
-239.14%
25.28
+200.30%
8.42
-76.32%
35.54
Diluted EPS
—
2.88
+203.16%
0.95
-74.32%
3.70
Basic EPS
—
2.91
+206.32%
0.95
-74.53%
3.73
Basic Average Shares
—
8.69
-1.66%
8.84
-7.27%
9.53
Diluted Average Shares
—
8.77
-1.05%
8.86
-7.67%
9.60
Diluted NI Availto Com Stockholders
-35.17
-239.14%
25.28
+200.30%
8.42
-76.32%
35.54
Insurance And Claims
6.11
+22.18%
5.00
+28.87%
3.88
+236.81%
1.15
Occupancy And Equipment
13.67
+14.88%
11.90
+12.29%
10.60
-0.83%
10.69
Other Non Interest Expense
10.70
+16.69%
9.17
+11.45%
8.23
+16.49%
7.07
Professional Expense And Contract Services Expense
4.33
+15.57%
3.74
+21.48%
3.08
-36.14%
4.83
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
5,571.65
-2.90%
5,737.86
+11.04%
5,167.57
+13.75%
4,543.10
Cash And Cash Equivalents
456.78
-2.07%
466.41
+14.91%
405.90
+58.21%
256.55
Cash Financial
6.14
-33.56%
9.25
+11.85%
8.27
-52.55%
17.43
Other Short Term Investments
615.50
+4.79%
587.36
+23.69%
474.86
+21.64%
390.38
Receivables
250.02
-74.31%
973.15
+1.88%
955.23
+0.57%
949.79
Accounts Receivable
27.91
-0.96%
28.18
+5.36%
26.75
+26.94%
21.07
Other Receivables
222.11
-76.50%
944.97
+1.77%
928.49
-0.03%
928.72
Net PPE
67.93
-4.92%
71.45
-2.74%
73.46
+1.03%
72.71
Gross PPE
91.90
+1.08%
90.92
+2.95%
88.32
+5.63%
83.61
Accumulated Depreciation
-23.97
-23.11%
-19.47
-31.06%
-14.86
-36.32%
-10.90
Land And Improvements
5.60
+0.00%
5.60
+0.00%
5.60
+0.00%
5.60
Buildings And Improvements
63.38
+0.50%
63.07
+3.90%
60.70
+5.55%
57.51
Machinery Furniture Equipment
22.82
+3.50%
22.05
+5.81%
20.84
+6.39%
19.59
Construction In Progress
0.02
-15.00%
0.02
-98.21%
1.12
+56.72%
0.71
Other Properties
0.09
-53.19%
0.19
+184.85%
0.07
-67.96%
0.21
Goodwill And Other Intangible Assets
4.69
+0.00%
4.69
+0.00%
4.69
+0.00%
4.69
Goodwill
4.69
+0.00%
4.69
+0.00%
4.69
+0.00%
4.69
Investments And Advances
1,029.30
+22.95%
837.15
+19.25%
702.01
+21.13%
579.55
Total Liabilities Net Minority Interest
5,211.88
-2.65%
5,353.80
+11.43%
4,804.78
+15.00%
4,178.13
Payables And Accrued Expenses
1.74
-30.10%
2.50
-35.16%
3.85
+32.10%
2.91
Payables
1.74
-30.10%
2.50
-35.16%
3.85
+32.10%
2.91
Accounts Payable
1.74
-30.10%
2.50
-35.16%
3.85
+32.10%
2.91
Current Accrued Expenses
—
—
—
14.51
Long Term Debt And Capital Lease Obligation
354.96
-11.29%
400.15
-44.41%
719.77
+0.04%
719.46
Long Term Debt
354.96
-11.29%
400.15
-44.41%
719.77
+0.04%
719.46
Stockholders Equity
359.77
-6.33%
384.06
+5.86%
362.80
-0.60%
364.97
Common Stock Equity
359.77
-6.33%
384.06
+5.86%
362.80
-0.60%
364.97
Capital Stock
186.58
+0.26%
186.09
+0.75%
184.70
-4.27%
192.94
Common Stock
186.58
+0.26%
186.09
+0.75%
184.70
-4.27%
192.94
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
8.69
+0.22%
8.67
+0.27%
8.64
-4.65%
9.07
Ordinary Shares Number
8.69
+0.22%
8.67
+0.27%
8.64
-4.65%
9.07
Retained Earnings
193.32
-16.17%
230.62
+11.16%
207.47
+0.87%
205.68
Gains Losses Not Affecting Retained Earnings
-20.13
+38.35%
-32.65
-11.16%
-29.38
+12.67%
-33.64
Other Equity Adjustments
-20.13
+38.35%
-32.65
-11.16%
-29.38
+12.67%
-33.64
Total Equity Gross Minority Interest
359.77
-6.33%
384.06
+5.86%
362.80
-0.60%
364.97
Total Capitalization
714.73
-8.86%
784.21
-27.56%
1,082.57
-0.17%
1,084.43
Invested Capital
714.73
-8.86%
784.21
-27.56%
1,082.57
-0.17%
1,084.43
Total Debt
354.96
-11.29%
400.15
-44.41%
719.77
+0.04%
719.46
Net Debt
—
—
313.87
-32.20%
462.91
Net Tangible Assets
355.08
-6.40%
379.38
+5.94%
358.11
-0.60%
360.29
Tangible Book Value
355.08
-6.40%
379.38
+5.94%
358.11
-0.60%
360.29
Available For Sale Securities
163.19
-6.24%
174.06
—
—
Cash Cash Equivalents And Federal Funds Sold
456.78
-2.07%
466.41
+14.91%
405.90
+58.21%
256.55
Held To Maturity Securities
250.61
+0.33%
249.80
+9.97%
227.15
+20.08%
189.17
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
3.45
-73.45%
12.99
+11.23%
11.68
-85.88%
82.72
Cash Flow From Continuing Operating Activities
3.45
-73.45%
12.99
+11.23%
11.68
-85.88%
82.72
Net Income From Continuing Operations
-35.17
-239.14%
25.28
+200.30%
8.42
-76.32%
35.54
Depreciation Amortization Depletion
6.19
-26.81%
8.46
+47.18%
5.75
-34.15%
8.73
Depreciation And Amortization
6.19
-26.81%
8.46
+47.18%
5.75
-34.15%
8.73
Other Non Cash Items
-35.82
-270.12%
-9.68
-166.57%
14.54
-63.61%
39.95
Stock Based Compensation
1.22
-32.69%
1.81
+44.20%
1.26
-38.18%
2.04
Asset Impairment Charge
—
—
—
0.00
Deferred Tax
-18.10
-1233.53%
-1.36
+68.83%
-4.35
-193.98%
4.63
Deferred Income Tax
-18.10
-1233.53%
-1.36
+68.83%
-4.35
-193.98%
4.63
Operating Gains Losses
8.31
+126.42%
-31.46
-48.14%
-21.24
-6.95%
-19.86
Gain Loss On Investment Securities
—
—
—
0.00
Gain Loss On Sale Of PPE
—
—
0.00
0.00
Change In Working Capital
4.49
+56.61%
2.87
+130.71%
-9.34
-239.03%
6.72
Change In Other Working Capital
-1.17
-5.91%
-1.10
-7.53%
-1.02
-6.67%
-0.96
Change In Other Current Assets
9.27
+764.16%
-1.40
+72.98%
-5.16
-145.07%
11.45
Change In Other Current Liabilities
-3.61
-167.24%
5.36
+269.85%
-3.16
+16.34%
-3.77
Investing Cash Flow
128.68
+125.93%
-496.17
-4.57%
-474.50
+21.05%
-601.03
Cash Flow From Continuing Investing Activities
128.68
+125.93%
-496.17
-4.57%
-474.50
+21.05%
-601.03
Net PPE Purchase And Sale
-1.23
+52.62%
-2.59
+51.70%
-5.37
+69.36%
-17.52
Purchase Of PPE
-1.23
+52.62%
-2.59
+51.70%
-5.37
+69.36%
-17.52
Sale Of PPE
—
—
0.00
0.00
Capital Expenditure
-1.23
+52.62%
-2.59
+51.70%
-5.37
+69.36%
-17.52
Net Investment Purchase And Sale
-187.37
-23.95%
-151.17
-29.69%
-116.56
-483.43%
30.40
Purchase Of Investment
-355.56
-35.97%
-261.50
-38.50%
-188.81
-227.08%
-57.73
Sale Of Investment
168.18
+52.43%
110.33
+52.72%
72.25
-18.02%
88.12
Net Other Investing Changes
0.55
-59.78%
1.36
+130.47%
-4.46
-195.24%
-1.51
Financing Cash Flow
-141.76
-126.07%
543.69
-11.19%
612.17
+84.44%
331.90
Cash Flow From Continuing Financing Activities
-141.76
-126.07%
543.69
-11.19%
612.17
+84.44%
331.90
Net Issuance Payments Of Debt
-45.50
+85.78%
-320.00
0.00
-100.00%
100.00
Issuance Of Debt
104.50
-75.70%
430.00
-9.47%
475.00
-22.76%
615.00
Repayment Of Debt
-150.00
+80.00%
-750.00
-57.89%
-475.00
+7.77%
-515.00
Long Term Debt Issuance
104.50
-75.70%
430.00
-9.47%
475.00
-22.76%
615.00
Long Term Debt Payments
-150.00
+80.00%
-750.00
-57.89%
-475.00
+7.77%
-515.00
Net Long Term Debt Issuance
-45.50
+85.78%
-320.00
0.00
-100.00%
100.00
Net Common Stock Issuance
-0.52
-84.10%
-0.28
+96.97%
-9.34
+66.38%
-27.78
Common Stock Payments
-0.52
-84.10%
-0.28
+96.97%
-9.34
+66.38%
-27.78
Common Stock Dividend Paid
-2.09
-0.43%
-2.08
+3.62%
-2.16
+6.95%
-2.32
Cash Dividends Paid
-2.09
-0.43%
-2.08
+3.62%
-2.16
+6.95%
-2.32
Repurchase Of Capital Stock
-0.52
-84.10%
-0.28
+96.97%
-9.34
+66.38%
-27.78
Net Other Financing Charges
-0.26
-43.96%
-0.18
-18.95%
-0.15
+46.69%
-0.29
Changes In Cash
-9.63
-115.92%
60.51
-59.48%
149.35
+180.12%
-186.41
Beginning Cash Position
466.41
+14.91%
405.90
+58.21%
256.55
-42.08%
442.96
End Cash Position
456.78
-2.07%
466.41
+14.91%
405.90
+58.21%
256.55
Free Cash Flow
2.22
-78.64%
10.40
+64.74%
6.31
-90.32%
65.21
Interest Paid Supplemental Data
207.15
+0.62%
205.86
+25.83%
163.60
+177.67%
58.92
Income Tax Paid Supplemental Data
0.10
-85.53%
0.68
-27.16%
0.94
-53.17%
2.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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