First Stock Analysis

INBK -  USA Stock  

USD 32.24  0.13  0.40%

The recent indifference towards the small price fluctuations of First Internet Bcp may raise some interest from traders. The stock closed today at a share price of 32.24 on very low momentum in trading volume. The company management teams did not add any value to First Internet investors in September. However, most investors can still diversify their portfolios with First Internet Bcp to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.58. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
Please see Risk vs Return Analysis.

First Stock Analysis 

 
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The First Internet stock analysis report makes it easy to digest most publicly released information about First Internet and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. First Stock analysis module also helps to analyze the First Internet price relationship with some important fundamental indicators such as market cap and management efficiency.

First Stock Analysis Notes

About 73.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.9. Some equities with similar Price to Book (P/B) outperform the market in the long run. First Internet Bcp next dividend is scheduled to be issued on the 29th of September 2021. The entity had 15:10 split on the 24th of June 2013. 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. To learn more about First Internet Bcp call David Becker at 317 532-7900 or check out www.firstinternetbancorp.com.

First Internet Bcp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. First Internet's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding First Internet Bcp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
First Internet Bcp has a poor financial position based on the latest SEC disclosures
About 73.0% of the company shares are owned by institutional investors
On 29th of September 2021 First Internet paid $ 0.06 per share dividend to its current shareholders
Latest headline from cio.economictimes.indiatimes.com: Top 5 reasons why companies are increasing their cloud adoption - ETCIO.com

First Internet Bcp Upcoming and Recent Events

Earnings reports are used by First Internet to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to First Internet previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report20th of October 2021
Next Earnings Report19th of January 2022
Next Fiscal Quarter End30th of September 2021
Next Fiscal Year End19th of January 2022
Last Quarter Report30th of June 2021
Last Earning Announcement30th of September 2020

First Largest EPS Surprises

Earnings surprises can significantly impact First Internet's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2015-10-22
2015-09-300.460.510.0510 
2015-01-22
2014-12-310.270.320.0518 
2020-07-22
2020-06-300.3340.40.06619 
View All Earnings Estimates

First Internet SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. First Internet prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that First Internet investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial First Internet Bcp specific information freely available to individual and institutional investors to make a timely investment decision.
6th of October 2021
Other Events
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20th of September 2021
Financial Statements and Exhibits. Regulation FD Disclosure
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16th of August 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
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3rd of August 2021
Financial Statements and Exhibits. Regulation FD Disclosure
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21st of July 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
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24th of June 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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21st of June 2021
Financial Statements and Exhibits. Regulation FD Disclosure
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28th of May 2021
Financial Statements and Exhibits. Regulation FD Disclosure
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First Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as First Internet is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Internet Bcp backward and forwards among themselves. First Internet's institutional investor refers to the entity that pools money to purchase First Internet's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Foundry Partners LlcCommon Shares152.3 K4.8 M
First Midwest Bank Trust DivisionCommon Shares37.5 K1.2 M
Bedel Financial Consulting IncCommon Shares3.6 K112 K
Stieven Capital Advisors LpCommon Shares650.3 K20.1 M
Dimensional Fund Advisors LpCommon Shares627.2 K19.4 M
Blackrock IncCommon Shares541.2 K16.8 M
Vanguard Group IncCommon Shares456.7 K14.1 M
Note, although First Internet's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

First Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 309.45 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Internet's market, we take the total number of its shares issued and multiply it by First Internet's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

First Profitablity

First Internet's profitability indicators refer to fundamental financial ratios that showcase First Internet's ability to generate income relative to its revenue or operating costs. If, let's say, First Internet is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, First Internet's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of First Internet's profitability requires more research than a typical breakdown of First Internet's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 37.89 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 49.24 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.49.
Last ReportedProjected for 2021
Return on Average Assets 0.007  0.006505 
Return on Average Equity 0.09  0.09 
Return on Invested Capital 0.008  0.007832 
Return on Sales 0.37  0.38 

Management Efficiency

The entity has return on total asset (ROA) of 1.01 % which means that it generated profit of $1.01 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of 12.92 %, meaning that it created $12.92 on every $100 dollars invested by stockholders. First Internet management efficiency ratios could be used to measure how well first internet bcp manages its routine affairs as well as how well it operates its assets and liabilities. First Internet Return on Average Equity is increasing as compared to previous years. The last year's value of Return on Average Equity was reported at 0.09. The current Return on Sales is estimated to increase to 0.38, while Return on Average Assets are projected to decrease to 0.006505. The current Total Liabilities is estimated to increase to about 4.2 B, while Deposit Liabilities is projected to decrease to under 2.6 B.
Last ReportedProjected for 2021
Book Value per Share 33.63  32.85 
Enterprise Value over EBIT 11.00  15.38 
Enterprise Value over EBITDA 9.06  12.52 
Price to Book Value 0.85  0.98 
Tangible Assets Book Value per Share 431.04  401.05 
Enterprise Value377.9 M376.7 M
Tangible Asset Value4.2 B3.3 B

Technical Drivers

As of the 18th of October 2021, First Internet shows the Downside Deviation of 1.57, coefficient of variation of 3162.81, and Mean Deviation of 1.31. First Internet Bcp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed nineteen technical drivers for First Internet Bcp, which can be compared to its rivals. Please confirm First Internet Bcp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if First Internet Bcp is priced favorably, providing market reflects its regular price of 32.24 per share. Given that First Internet has jensen alpha of 0.0369, we urge you to verify First Internet Bcp's prevailing market performance to make sure the company can sustain itself at a future point.

First Internet Bcp Price Movement Analysis

The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to First Internet Bcp price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator. View also all equity analysis or get more info about mesa adaptive moving average overlap studies indicator.

First Internet Bcp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific First Internet insiders, such as employees or executives, is commonly permitted as long as it does not rely on First Internet's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases First Internet insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

First Internet Technical and Predictive Indicators

First Internet Forecast Models

First Internet time-series forecasting models is one of many First Internet's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary First Internet's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About First Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how First Internet stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling First shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as First Internet. By using and applying First Stock analysis, traders can create a robust methodology for identifying First entry and exit points for their positions.
Last ReportedProjected for 2021
EBITDA Margin 0.46  0.47 
Gross Margin 0.90  0.89 
Profit Margin 0.32  0.32 
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.

Current First Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. First analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. First analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
38.0Strong Buy2Odds
First Internet Bcp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most First analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand First stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of First Internet Bcp, talking to its executives and customers, or listening to First conference calls.
First Analyst Advice Details

First Stock Analysis Indicators

First Internet Bcp stock analysis indicators help investors evaluate how First Internet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading First Internet shares will generate the highest return on investment. By understating and applying First Internet stock analysis, traders can identify First Internet position entry and exit signals to maximize returns.
Trailing Annual Dividend Rate0.24
Fifty Two Week Low16.96
Revenue Growth81.10%
Payout Ratio5.54%
Shares Short Prior Month80.93k
Average Daily Volume Last 10 Day18.86k
Average Daily Volume In Three Month22.51k
Earnings Growth227.50%
Shares Percent Shares Out0.87%
Earnings Quarterly Growth233.10%
Short Percent Of Float0.93%
Forward Price Earnings7.02
Float Shares8.59M
Fifty Two Week High41.55
Fifty Day Average30.04
Two Hundred Day Average32.14
Enterprise Value To Revenue5.14
Trailing Annual Dividend Yield0.77%
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 Transaction History module to view history of all your transactions and understand their impact on performance.

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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.