First Internet Bancorp (INBK)
NASDAQ:INBK
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INBK Stock Chart & Stats
$24.22
-$0.67(-1.98%)
At close: 4:00 PM EST
$24.22
-$0.67(-1.98%)
Day’s Range― - ―
52-Week Range$17.05 - $28.51
Previous CloseN/A
Volume22.20K
Average Volume (3M)73.07K
Market Cap
$207.46M
Enterprise Value$545.03M
Total Cash (Recent Filing)$782.56M
Total Debt (Recent Filing)$345.05M
Price to Earnings (P/E)―
Beta0.92
Next Earnings
Jul 29, 2026EPS Estimate
0.13Next Dividend Ex-DateN/A
Dividend Yield1.07%
Share Statistics
EPS (TTM)-3.84
Shares Outstanding8,716,662
10 Day Avg. Volume54,354
30 Day Avg. Volume73,068
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.51
Price to Sales (P/S)0.56
P/FCF Ratio82.03
Enterprise Value/Market Cap2.63
Enterprise Value/Revenue1.71
Enterprise Value/Gross Profit12.38
Enterprise Value/Ebitda-12.12
Forecast
1Y Price Target
$26.00Price Target Upside7.35% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)2.24
Revenue Forecast (FY)$189.61M
Bulls Say, Bears Say
Bulls Say
Fintech / BaaS MomentumRapid fintech and BaaS growth builds durable low‑cost funding and recurring fee streams. Large payments throughput and expanding fintech deposits diversify revenue beyond traditional lending, improve deposit stickiness, and support margin expansion and scale economics over the medium term.
Improved Cash GenerationRebound in operating and free cash flow provides enduring financial flexibility—funding loan originations, tech investments, dividend payments, and loss absorption. If sustained, stronger cash conversion reduces reliance on external funding and underpins strategic reinvestment over coming quarters.
Deposits & Funding Mix ImprovementImproving deposit composition and rolling off high‑cost CDs lower funding costs structurally, supporting net interest margin sustainability. A cheaper, growing deposit base enhances liquidity, reduces funding volatility, and allows margin gains to persist as higher‑yield assets are deployed.
Bears Say
Elevated Credit CostsSustained elevated provisions and charge‑offs materially erode earnings capacity and consume capital if trends persist. With allowance coverage near 92% of NPLs, further deterioration could necessitate larger reserves, pressuring regulatory capital ratios and limiting growth capacity over the medium term.
Profitability DeteriorationTransition from multi‑year profitability to net losses and negative ROE signals structural margin or credit deterioration. Persistent inability to convert revenue into positive net income undermines capital accumulation, dividend reliability, and the bank’s ability to self‑fund growth or absorb shocks over several quarters.
Loan Contraction & SBA Mix ShiftShrinking loan balances limit core net interest income expansion and signal origination or retention issues. Retaining more SBA production reduces near‑term fee/gain‑on‑sale income, shifting revenue mix and delaying interest income benefits, creating near‑term pressure on revenue composition.
First Internet Bancorp News
INBK FAQ
What was First Internet Bancorp’s price range in the past 12 months?
First Internet Bancorp lowest stock price was $17.05 and its highest was $28.51 in the past 12 months.
What is First Internet Bancorp’s market cap?
First Internet Bancorp’s market cap is $207.46M.
When is First Internet Bancorp’s upcoming earnings report date?
First Internet Bancorp’s upcoming earnings report date is Jul 29, 2026 which is in 60 days.
How were First Internet Bancorp’s earnings last quarter?
First Internet Bancorp released its earnings results on Apr 30, 2026. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.085 by $0.205.
Is First Internet Bancorp overvalued?
According to Wall Street analysts First Internet Bancorp’s price is currently Undervalued.
Does First Internet Bancorp pay dividends?
First Internet Bancorp pays a Quarterly dividend of $0.06 which represents an annual dividend yield of 1.07%. See more information on First Internet Bancorp dividends here
What is First Internet Bancorp’s EPS estimate?
First Internet Bancorp’s EPS estimate is 0.13.
How many shares outstanding does First Internet Bancorp have?
First Internet Bancorp has 8,716,662 shares outstanding.
What happened to First Internet Bancorp’s price movement after its last earnings report?
First Internet Bancorp reported an EPS of $0.29 in its last earnings report, beating expectations of $0.085. Following the earnings report the stock price went up 3.49%.
Which hedge fund is a major shareholder of First Internet Bancorp?
Currently, no hedge funds are holding shares in INBK
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
First Internet Bancorp Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$26.00 (7.35% Upside)
$26.00 (7.35% Upside)
Blogger Sentiment
Bullish
INBK Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 8.1K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
-43.18%
12-Months-Change
Fundamentals
Return on Equity
-9.19%
Trailing 12-Months
Asset Growth
-2.39%
Trailing 12-Months
Company Description
First Internet Bancorp
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.
INBK Company Deck
INBK Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a largely positive operational and financial picture: strong revenue growth (+21% YoY), robust net interest income growth (~26% YoY), meaningful margin expansion (+54 bps YoY), significant fintech/BaaS momentum (payments +260% YoY; fintech deposits +186% YoY) and solid capital metrics. These positives are tempered by near-term credit-related headwinds—elevated Q1 provisions and charge-offs, higher nonperforming loans, and an 11% YoY decline in loan balances—plus macro uncertainty and a deliberately slower SBA origination cadence that will depress near-term gain-on-sale revenue. Management expects credit costs to peak in the near term and improve in H2 2026, and they reiterated confidence in margin and revenue trajectory supported by deposit mix improvements and AI/technology investments.View all INBK earnings summariesINBK Stock 12 Month Forecast
Average Price Target
$26.00
▲(7.35% Upside)
Technical Analysis
OP Bancorp
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First National
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Eagle Financial Services
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Virginia National Bankshares
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Ownership Overview
8.91% Insiders
23.09% Mutual Funds
21.81% Other Institutional Investors
35.32% Public Companies and
Individual Investors