First Internet Bancorp Stock Net Income
| INBK Stock | USD 33.27 0.38 1.16% |
First Internet Bancorp fundamentals help investors to digest information that contributes to First Internet's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Internet's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Internet stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 8.4 M | 13.6 M | |
| Net Income Applicable To Common Shares | 40.9 M | 42.9 M | |
| Net Income From Continuing Ops | 10.6 M | 10.1 M | |
| Net Income Per Share | 0.95 | 1.40 | |
| Net Income Per E B T | 1.70 | 1.79 |
First | Net Income |
First Internet Bancorp Company Net Income Analysis
First Internet's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current First Internet Net Income | 8.42 M |
Most of First Internet's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Internet Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for First Internet is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Net Income. Since First Internet's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Internet's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Internet's interrelated accounts and indicators.
First Net Income Historical Pattern
Today, most investors in First Internet Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Internet's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of First Internet net income as a starting point in their analysis.
First Internet Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
First Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, First Internet Bancorp reported net income of 8.42 M. This is 99.34% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 98.53% higher than that of the company.
First Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Internet's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Internet could also be used in its relative valuation, which is a method of valuing First Internet by comparing valuation metrics of similar companies.First Internet is currently under evaluation in net income category among related companies.
First Internet Current Valuation Drivers
We derive many important indicators used in calculating different scores of First Internet from analyzing First Internet's financial statements. These drivers represent accounts that assess First Internet's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Internet's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 238.1M | 282.8M | 466.5M | 231.4M | 213.8M | 112.8M | |
| Enterprise Value | 495.2M | 457.5M | 642.7M | 694.3M | 527.7M | 554.0M |
First Internet Institutional Holders
Institutional Holdings refers to the ownership stake in First Internet that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Internet's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Internet's value.| Shares | Franklin Resources Inc | 2023-12-31 | 134.1 K | Brandywine Global Investment Mgmt Llc | 2023-12-31 | 128.8 K | Fourthstone Llc | 2023-09-30 | 119 K | State Of Wisconsin Investment Board | 2023-12-31 | 112.6 K | Geode Capital Management, Llc | 2023-12-31 | 106.2 K | D. E. Shaw & Co Lp | 2023-09-30 | 97.7 K | Wellington Management Company Llp | 2023-12-31 | 82.3 K | Acuitas Investments, Llc | 2023-12-31 | 80.2 K | American Century Companies Inc | 2023-12-31 | 78.6 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 429.4 K | Banc Funds Co Llc | 2023-12-31 | 392.3 K |
First Fundamentals
| Return On Equity | 0.0231 | |||
| Return On Asset | 0.0017 | |||
| Profit Margin | 0.1 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 592.75 M | |||
| Shares Outstanding | 8.66 M | |||
| Shares Owned By Insiders | 7.57 % | |||
| Shares Owned By Institutions | 67.73 % | |||
| Number Of Shares Shorted | 91.88 K | |||
| Price To Earning | 7.59 X | |||
| Price To Book | 0.75 X | |||
| Price To Sales | 3.23 X | |||
| Revenue | 265.96 M | |||
| Gross Profit | 113.37 M | |||
| EBITDA | 5.75 M | |||
| Net Income | 8.42 M | |||
| Cash And Equivalents | 221.05 M | |||
| Cash Per Share | 23.79 X | |||
| Total Debt | 719.77 M | |||
| Debt To Equity | 11.17 % | |||
| Book Value Per Share | 41.97 X | |||
| Cash Flow From Operations | (2.86 M) | |||
| Short Ratio | 1.85 X | |||
| Earnings Per Share | 0.95 X | |||
| Target Price | 36.1 | |||
| Number Of Employees | 287 | |||
| Beta | 0.71 | |||
| Market Capitalization | 284.87 M | |||
| Total Asset | 5.17 B | |||
| Retained Earnings | 207.47 M | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 0.91 % | |||
| Net Asset | 5.17 B | |||
| Last Dividend Paid | 0.24 |
About First Internet Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Internet Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Internet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Internet Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out First Internet Piotroski F Score and First Internet Altman Z Score analysis. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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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.