First Stock Financials

INBK -  USA Stock  

USD 32.56  0.33  1.02%

Understanding current and past First Internet Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Internet's financial statements are interrelated, with each one affecting the others. For example, an increase in First Internet's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of First Internet's financials over time to get the whole picture.
The current Net Income Per Employee is estimated to decrease to about 90.6 K. The current Revenue Per Employee is estimated to decrease to about 545 K.
Use fundamental data analysis to check all available reported financial drivers of First Internet Bcp to find out if markets are presently mispricing the company. We have analyzed thirty-two available fundamental indicators for First Internet Bcp, which can be compared to its rivals. To make sure the equity is not overpriced, please confirm all First Internet Bcp financials, including its price to sales, debt to equity, total asset, as well as the relationship between the net income and earnings per share . Given that First Internet Bcp has a shares owned by institutions of 72.59 %, we urge you to verify First Internet Bcp prevailing market performance to make sure the company can sustain itself down the road. Use First Internet to enhance returns of your portfolios. The stock experiences a large bullish trend. Check odds of First Internet to be traded at $35.82 in 90 days.

First Fundamentals 

 
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With this module, you can analyze First financials for your investing period. You should be able to track the changes in First Internet individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
The fundamental analysis of First Internet is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for First Internet includes many different criteria found on its balance sheet. For example, investors should never minimize First Internet's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor First Internet's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in First Internet.

First Internet Bcp Cash

  Chance Of Financial Distress
Less than 49
First Internet Bcp has less than 49 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for First Internet stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in First Internet's official financial statements usually reflect First Internet's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of First Internet Bcp. For example, before you start analyzing numbers published by First accountants, it's critical to develop an understanding of what First Internet's liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of First Internet's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Internet's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in First Internet's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of First Internet Bcp. Please utilize our Beneish M Score to check the likelihood of First Internet's management to manipulate its earnings.

First Internet Company Summary

First Internet competes with Merchants 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. First Internet Bancorp was founded in 1999 and is based in Fishers, Indiana. First Internet operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 255 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0001562463
CUSIP320557101
RegionNorth America
LocationIndiana; U.S.A
Business Address11201 USA Parkway,
SectorFinancial Services
IndustryBanks—Regional
BenchmarkDOW
Websitewww.firstinternetbancorp.com
Phone317 532 7900
Related EntityINBK
CurrencyUSD - US Dollar

First Internet Key Financial Ratios

Generally speaking, First Internet's financial ratios allow both analysts and investors to convert raw data from First Internet's financial statements into concise, actionable information that can be used to evaluate the performance of First Internet over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that First Internet Bcp reports annually and quarterly.

First Internet Key Balance Sheet Accounts

201620172018201920202021 (projected)
Long Term Debt36.58 M36.73 M33.88 M69.53 M79.6 M85.89 M
Accumulated Other Comprehensive Income(9.27 M)(5.02 M)(16.54 M)(14.19 M)(17.2 M)(17.65 M)
Total Assets1.85 B2.77 B3.54 B4.1 B4.25 B3.35 B
Cash and Equivalents39.45 M47.98 M188.71 M327.36 M419.81 M452.95 M
Cash and Equivalents USD39.45 M47.98 M188.71 M327.36 M419.81 M452.95 M
Total Debt226.56 M446.9 M559.03 M584.44 M594.52 M641.45 M
Total Debt USD226.56 M446.9 M559.03 M584.44 M594.52 M641.45 M
Deposit Liabilities1.46 B2.08 B2.67 B3.15 B3.27 B2.59 B
Shareholders Equity153.94 M224.13 M288.74 M304.91 M330.94 M266.83 M
Shareholders Equity USD153.94 M224.13 M288.74 M304.91 M330.94 M266.83 M
Investments1.75 B2.64 B3.24 B3.63 B3.66 B2.94 B
Total Liabilities1.7 B2.54 B3.25 B3.8 B3.92 B4.22 B
Property Plant and Equipment Net10.04 M10.06 M10.7 M14.63 M37.59 M40.56 M
Accumulated Retained Earnings Deficit43.7 M57.1 M77.69 M99.68 M126.73 M136.74 M

First Internet Key Income Statement Accounts

201620172018201920202021 (projected)
Consolidated Income12.07 M15.23 M21.9 M25.24 M29.45 M31.78 M
Earning Before Interest and Taxes EBIT17.98 M22.93 M23.95 M27.16 M33.9 M26.82 M
Earning Before Interest and Taxes USD17.98 M22.93 M23.95 M27.16 M33.9 M26.82 M
Gross Profit49.44 M59.65 M67.14 M73.79 M91.55 M74.14 M
Net Income12.07 M15.23 M21.9 M25.24 M29.45 M31.78 M
Net Income Common Stock12.07 M15.23 M21.9 M25.24 M29.45 M31.78 M
Net Income Common Stock USD12.07 M15.23 M21.9 M25.24 M29.45 M31.78 M
Operating Expenses31.45 M36.72 M43.18 M46.63 M57.65 M47.32 M
Operating Income17.98 M22.93 M23.95 M27.16 M33.9 M26.82 M
Revenues49.44 M59.65 M67.14 M73.79 M91.55 M74.14 M
Revenues USD49.44 M59.65 M67.14 M73.79 M91.55 M74.14 M
Selling General and Administrative Expense27.18 M31.8 M34.93 M39.88 M47.32 M39.2 M
Weighted Average Shares5.21 M7.12 M9.49 M10.04 M9.84 M8.46 M
Weighted Average Shares Diluted5.24 M7.15 M9.51 M10.04 M9.84 M8.47 M
Income Tax Expense5.91 M7.7 M2.05 M1.92 M4.45 M4.19 M

First Internet Key Cash Accounts

201620172018201920202021 (projected)
Capital Expenditure(3.17 M)(1.52 M)(2.22 M)(4.11 M)(25.56 M)(26.23 M)
Depreciation Amortization and Accretion3.8 M5.3 M5.67 M6.93 M7.83 M6.21 M
Net Cash Flow or Change in Cash and Cash Equivalents14.3 M8.53 M140.73 M138.65 M92.44 M99.74 M
Issuance Repayment of Debt Securities(1,000 K)220.19 M112 M(10 M)(11.5 M)(11.8 M)
Payment of Dividends and Other Cash Distributions(1.2 M)(1.68 M)(2.23 M)(2.42 M)(2.35 M)(2.41 M)
Net Cash Flow from Financing574.55 M892.06 M750.09 M495.5 M124.19 M127.45 M
Net Cash Flow from Investing(586.72 M)(908.15 M)(638.71 M)(313.27 M)(44.81 M)(48.35 M)
Net Cash Flow Investment Acquisitions and Disposals(572.55 M)(896.63 M)(626.33 M)(320.24 M)(19.25 M)(20.77 M)
Net Cash Flow from Operations26.47 M24.62 M29.36 M(43.58 M)13.07 M11.01 M
Share Based Compensation736 K1.04 M1.6 M1.68 M2.11 M1.7 M

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Internet's current stock value. Our valuation model uses many indicators to compare First Internet value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Internet competition to find correlations between indicators driving First Internet's intrinsic value. More Info.
First Internet Bcp is rated second overall in cash flow from operations category among related companies. It is rated second overall in total asset category among related companies fabricating about  18.47  of Total Asset per Cash Flow from Operations. . The current Total Assets is estimated to decrease to about 3.4 B. The current Total Assets Per Share is estimated to decrease to 351.59

First Internet Bcp Systematic Risk

First Internet's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Internet volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on First Internet Bcp correlated with the market. If Beta is less than 0 First Internet generally moves in the opposite direction as compared to the market. If First Internet Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Internet Bcp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Internet is generally in the same direction as the market. If Beta > 1 First Internet moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About First Internet Financials

What exactly are First Internet Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include First Internet's income statement, its balance sheet, and the statement of cash flows. Potential First Internet investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although First Internet investors may use each financial statement separately, they are all related. The changes in First Internet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Internet's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
 2018 2019 2020 2021 (projected)
Cash and Equivalents188.71 M327.36 M419.81 M452.95 M
Total Assets3.54 B4.1 B4.25 B3.35 B

First Internet October 19, 2021 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Internet help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Internet Bcp. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Internet Bcp based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Internet's daily price indicators and compare them against related drivers.
Downside Deviation1.55
Information Ratio0.0294
Maximum Drawdown7.38
Value At Risk(2.74)
Potential Upside2.86
Please see Risk vs Return Analysis. Note that the First Internet Bcp information on this page should be used as a complementary analysis to other First Internet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running First Internet Bcp price analysis, check to measure First Internet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Internet is operating at the current time. Most of First Internet's value examination focuses on studying past and present price action to predict the probability of First Internet's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move First Internet's price. Additionally, you may evaluate how the addition of First Internet to your portfolios can decrease your overall portfolio volatility.
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The market value of First Internet Bcp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Internet's value that differs from its market value or its book value, called intrinsic value, which is First Internet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Internet's market value can be influenced by many factors that don't directly affect First Internet Bcp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Internet's value and its price as these two are different measures arrived at by different means. Investors typically determine First Internet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Internet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.