First Internet Bancorp

  • Market Cap: Micro Cap
  • Industry: Regional Banks
  • ISIN: US3205571017
USD
20.14
0.58 (2.97%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

28.92 k

Shareholding (Mar 2025)

FII

3.45%

Held by 40 FIIs

DII

59.05%

Held by 30 DIIs

Promoter

8.70%

How big is First Internet Bancorp?

22-Jun-2025

As of Jun 18, First Internet Bancorp has a market capitalization of 201.86 million and total assets of 5,737.86 million, with shareholder's funds at 384.06 million.

As of Jun 18, First Internet Bancorp has a market capitalization of 201.86 million, categorizing it as a Micro Cap company.<BR><BR>As of Jun 18, the sum of interest earned for the latest four quarters is 300.55 million, while the net profit for the same period is 21.04 million.<BR><BR>As of Dec 24, the shareholder's funds are reported at 384.06 million, and the total assets amount to 5,737.86 million.

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What does First Internet Bancorp do?

22-Jun-2025

First Internet Bancorp is a bank holding company that provides various banking products and services through its subsidiary, First Internet Bank of Indiana. As of March 2025, it reported net sales of $77 million and a net profit of $1 million, with a market cap of $201.86 million.

Overview: <BR>First Internet Bancorp is a bank holding company operating in the Regional Banks industry, offering a range of banking products and services primarily through its subsidiary, First Internet Bank of Indiana.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 77 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1 Million (Quarterly Results - Mar 2025) <BR>Market cap: USD 201.86 Million (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 10.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: 5.43% <BR>Price to Book: 0.52<BR><BR>Contact Details: <BR>Address: 11201 USA Pkwy, FISHERS IN: 46037-9202 <BR>Tel: 1 317 5327900 <BR>Website: http://www.firstinternetbancorp.com

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Should I buy, sell or hold First Internet Bancorp?

22-Jun-2025

Who are in the management team of First Internet Bancorp?

22-Jun-2025

As of March 2022, the management team of First Internet Bancorp includes Chairman and CEO David Becker, Independent Vice Chairman David Lovejoy, and Independent Directors Ana Dutra, John Keach, Michael Smith, Ralph Whitney, and Jerry Williams, who oversee the company's operations and strategy.

As of March 2022, the management team of First Internet Bancorp includes the following individuals:<BR><BR>- Mr. David Becker, who serves as the Chairman of the Board, President, and Chief Executive Officer.<BR>- Mr. David Lovejoy, who is the Independent Vice Chairman of the Board.<BR>- Ms. Ana Dutra, who is an Independent Director.<BR>- Mr. John Keach, who is also an Independent Director.<BR>- Mr. Michael Smith, who holds the position of Independent Director.<BR>- Mr. Ralph Whitney, who serves as an Independent Director.<BR>- Mr. Jerry Williams, who is an Independent Director.<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

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Is First Internet Bancorp technically bullish or bearish?

25-Jun-2025

As of June 17, 2025, First Internet Bancorp's trend is mildly bearish, influenced by bearish daily moving averages and Bollinger Bands, despite some mildly bullish signals from the weekly MACD and KST, suggesting a cautious approach due to mixed indicators.

As of 17 June 2025, the technical trend for First Internet Bancorp has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook and the Bollinger Bands reflecting a mildly bearish trend on both weekly and monthly time frames. While the weekly MACD shows a mildly bullish signal and the KST is also mildly bullish on a weekly basis, these are countered by the overall bearish signals from the monthly MACD and Bollinger Bands. The RSI shows no significant signals, indicating a lack of momentum in either direction. Overall, the mixed signals suggest a cautious approach, with the strength of the bearish stance prevailing.

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Is First Internet Bancorp overvalued or undervalued?

25-Jun-2025

As of April 23, 2025, First Internet Bancorp's valuation has shifted to fair, with a P/E ratio of 10, a Price to Book Value of 0.53, and an EV to EBITDA of 11.41, indicating it is neither undervalued nor overvalued compared to peers, despite a year-to-date stock performance lagging at -30.87% against the S&P 500's 2.44%.

As of 23 April 2025, the valuation grade for First Internet Bancorp has moved from very attractive to fair. This indicates a shift in perception regarding the company's value, suggesting it is now fairly valued. The key ratios include a P/E ratio of 10, a Price to Book Value of 0.53, and an EV to EBITDA of 11.41, which reflect a mixed performance compared to its peers.<BR><BR>In comparison to its peers, First Internet Bancorp's P/E ratio of 9.60 is lower than that of Colony Bankcorp, Inc. at 10.42, which is considered very attractive, and significantly lower than Community West Bancshares, which has a P/E of 27.24 and is deemed very expensive. This positioning suggests that while First Internet Bancorp is not undervalued, it is also not overvalued relative to its immediate competitors. The company's recent stock performance has lagged behind the S&P 500, with a year-to-date return of -30.87% compared to the S&P's 2.44%, reinforcing the notion that the stock is fairly valued in the current market context.

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iScoreScore
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Strong Sell
Sell
Hold
Buy
Strong Buy

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Dashboard
1

The company has declared negative results in Mar'2025 after 4 consecutive positive quarters

  • GROSS NPA (%)(Q) Highest at 1%
  • CREDIT DEPOSIT RATIO(HY) Lowest at 82.33%
  • OPERATING PROFIT(Q) Lowest at USD -1.86 MM
2

Risky - Market Cap of less than 100 cr

3

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Regional Banks

stock-summary
Market cap

USD 215 Million (Micro Cap)

stock-summary
P/E

10.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.00

stock-summary
Return on Equity

3.96%

stock-summary
Price to Book

0.55

Revenue and Profits:
Net Sales:
81 Million
(Quarterly Results - Jun 2025)
Net Profit:
0 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-18.16%
0%
-18.16%
6 Months
-15.13%
0%
-15.13%
1 Year
-50.91%
0%
-50.91%
2 Years
-11.63%
0%
-11.63%
3 Years
-23.28%
0%
-23.28%
4 Years
-54.11%
0%
-54.11%
5 Years
-24.29%
0%
-24.29%

First Internet Bancorp for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
Icon
No Recent News for the Company
Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
16.28%
EBIT Growth (5y)
4.98%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
0
Dividend Payout Ratio
8.32%
Pledged Shares
0
Institutional Holding
79.62%
ROCE (avg)
0
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
0.53
EV to EBIT
17.52
EV to EBITDA
11.41
EV to Capital Employed
0.58
EV to Sales
0.83
PEG Ratio
0.37
Dividend Yield
NA
ROCE (Latest)
3.30%
ROE (Latest)
5.43%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 40 Schemes (28.64%)

Foreign Institutions

Held by 40 Foreign Institutions (3.45%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
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stock-summaryCompany CV
About First Internet Bancorp stock-summary
stock-summary
First Internet Bancorp
Regional Banks
First Internet Bancorp is a bank holding company that conducts its business activities through its subsidiary, First Internet Bank of Indiana (the Bank). The Company offers a complement of products and services on a nationwide basis. The Company conducts its deposit operations primarily over the Internet. The Company also offers commercial real estate (CRE) lending, including nationwide single tenant lease financing and commercial and industrial (C&I) lending, including business banking/treasury management services. The Bank provides commercial and retail banking services, with operations conducted on the Internet at www.firstib.com. It offers residential real estate loans, home equity loans and lines of credit, and consumer loans, and loans to commercial clients, which include commercial loans, commercial real estate loans, letters of credit and single tenant lease financing. The Bank's subsidiary, JKH Realty Services, LLC manages real estate owned properties.
Company Coordinates stock-summary
Company Details
11201 USA Pkwy , FISHERS IN : 46037-9202
Registrar Details