Kenneth Lovik - First Internet CFO and Sr. VP

INBK Stock  USD 33.27  0.38  1.16%   

CFO

Mr. Kenneth J. Lovik is the Chief Financial Officer, Senior Vice President of the Company effective August 18, 2014. Previously, he served as Senior Vice President, Investor Relations and Corporationrationrate Development, at First Financial Bancorp, a publicly traded bank holding company headquartered in Cincinnati, Ohio, from February 2013 to May 2014. Prior to that, he served as its Vice President, Investor Relations and Corporationrationrate Development, from March 2010 to February 2013. Before First Financial Bancorp, he served as Vice President Investment Banking at Milestone Advisors, LLC from October 2008 to September 2009 and in the same position at Howe Barnes Hoefer Arnett, Inc. from 2004 to July 2008. since 2014.
Age 54
Tenure 10 years
Address 8701 East 116th Street, Fishers, IN, United States, 46038
Phone317 532 7900
Webhttps://www.firstinternetbancorp.com/overview/defa
Lovik most recently served as Senior Vice President, Investor Relations and Corporationrationrationrate Development, at First Financial Bancorp, a publicly traded bank holding company headquartered in Cincinnati, Ohio, from April 2013 to May 2014. Prior to that, he served as its Vice President, Investor Relations, from March 2010 to April 2013. Before First Financial Bancorp, he served as Vice President – Investment Banking at Milestone Advisors, LLC from October 2008 to September 2009 and in the same position at Howe Barnes Hoefer & Arnett, Inc. from 2004 to July 2008.

Kenneth Lovik Latest Insider Activity

Tracking and analyzing the buying and selling activities of Kenneth Lovik against First Internet stock is an integral part of due diligence when investing in First Internet. Kenneth Lovik insider activity provides valuable insight into whether First Internet is net buyers or sellers over its current business cycle. Note, First Internet insiders must abide by specific rules, including filing SEC forms every time they buy or sell First Internet'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

First Internet Management Efficiency

Return On Capital Employed is expected to rise to 0.14 this year, although the value of Return On Tangible Assets will most likely fall to 0. At this time, First Internet's Total Current Liabilities is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 5.4 B this year, although the value of Non Current Liabilities Other will most likely fall to about 397.6 M. First Internet's management efficiency ratios could be used to measure how well First Internet manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 719.77 M in liabilities with Debt to Equity (D/E) ratio of 11.17, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist First Internet until it has trouble settling it off, either with new capital or with free cash flow. So, First Internet's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Internet Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Internet's use of debt, we should always consider it together with cash and equity.

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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 headquartered in Fishers, Indiana. First Internet operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 282 people. First Internet Bancorp (INBK) is traded on NASDAQ Exchange in USA. It is located in 8701 East 116th Street, Fishers, IN, United States, 46038 and employs 287 people. First Internet is listed under Regional Banks category by Fama And French industry classification.

Management Performance

First Internet Bancorp Leadership Team

Elected by the shareholders, the First Internet's board of directors comprises two types of representatives: First Internet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Internet's management team and ensure that shareholders' interests are well served. First Internet's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Internet's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paula Deemer, Executive Administration
David Bybee, VP Officer
Nicole Lorch, Sr. VP of Retail Banking and Sr. VP of Retail Banking of First Internet Bank
David Lovejoy, Vice Chairman of the Board
John Keach, Director
Kenneth Lovik, CFO and Sr. VP
Ralph Whitney, Director
Jean Wojtowicz, Director
Kevin Quinn, VP Bank
Timothy Dusing, Sr Bank
Jerry Williams, Director
Charles Perfetti, Sr. VP, Secretary and Sr. VP of First Internet Bank
David Becker, Chairman, CEO and President Chairman of First Internet Bank, CEO of First Internet Bank and President of of First Internet Bank
Ann Murtlow, Independent Director
Stephen Farrell, Chief Credit Officer, Sr. VP and Credit Administrator

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Internet a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Internet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Internet's short interest history, or implied volatility extrapolated from First Internet options trading.

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When determining whether First Internet Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Internet Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about First Internet Bancorp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the First Internet Bancorp 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 the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running First Internet's 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 the 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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Is First Internet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Internet. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Internet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Dividend Share
0.24
Earnings Share
0.95
Revenue Per Share
9.547
Quarterly Revenue Growth
(0.07)
The market value of First Internet Bancorp 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's underlying business (such as a 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 if First Internet is a good investment 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.