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Home CompaniesFirst Internet Bancorp

First Internet Bancorp

Financial Services Banks - Regional
PortfolioPortfolio WatchlistWatchlist
Company price
25.37 USD -0.40 ( 1.55%)
Last update at 2026-11-06T21:00:00Z
VOLUME
49895
Market Cap
249.08M

Momentum Score

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First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides various commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States. The company offers noninterest-bearing and interest-bearing demand deposits, savings accounts, and money market accounts, as well as certificates of deposit and brokered deposits. It also provides commercial and industrial, owner-occupied commercial real estate, investor commercial real estate, construction, single tenant lease financing, single tenant lease, public, specialty, healthcare and finance, small business lending, commercial deposits and treasury management, franchise finance, residential mortgage, home equity, and other consumer loans. In addition, the company is involved in the provision of municipal finance lending and leasing products to government entities, as well as treasury management services; purchase, manage, service, and safekeeping of municipal securities; and offers corporate credit cards. First Internet Bancorp was founded in 1998 and is headquartered in Fishers, Indiana.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
25.12
Low
25.94
High
52 Week Price Range
16.91
Low
31.09
High

Momentum Score

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Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

First Internet Bancorp is the holding company for First Internet Bank of Indiana, a federally insured, branchless bank that originates consumer, residential and commercial loans and provides online deposit and payment services. Long-term growth may be driven by continued digital banking adoption, scalable low-cost deposit gathering, expansion of the loan book and fee income, and the potential for operating leverage versus branch-based peers, which may benefit investors seeking a smaller, digitally focused banking franchise.

Key risks include sensitivity to interest rates and deposit flows, competition from larger banks and fintechs, potential credit-quality deterioration as lending expands, and operational and regulatory exposures such as cybersecurity and compliance.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
25.77
Dividend Yield
0.84%
Revenue TTM
55.15M
Revenue Per Share
6.31
Gross Profit TTM
55.15M
Debt / Equity
0.99
ROE
-8.34%
Net Debt
-101.81M
ROCE
-0.91%
Diluted EPS TTM
-3.57

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -50.87M 27.54M 4.94M 40.10M 56.57M
Net income -35.17M 25.28M 8.42M 35.54M 48.11M
Selling general administrative 64.70M 3.74M 49.20M 42.70M 41.09M
Selling and marketing expenses 2.48M 2.59M 2.57M 3.55M 3.26M
Gross profit 44.16M 111.70M 78.62M 113.92M 114.77M
Reconciled depreciation 6.19M 8.46M 5.00M 8.73M 8.78M
Ebit -50.87M 27.54M 4.94M 91.52M 56.57M
Ebitda -44.68M 36.00M 10.69M 100.24M 65.35M
Depreciation and amortization 6.19M 8.46M 5.75M 8.73M 8.78M
Operating income -50.87M 27.54M 4.94M 91.52M 56.57M
Other operating expenses 373.74M 305.88M 254.91M 8.38M -58.19M
Interest expense 206.40M 204.51M 164.54M 59.81M 47.33M
Tax provision -15.70M 2.27M -2.39M 4.56M 8.46M
Interest income 320.16M 291.89M 218.84M 156.91M 133.88M
Net interest income 113.76M 87.38M 76.77M 97.09M 86.56M
Income tax expense -15.70M 2.27M -3.48M 4.56M 8.46M
Total revenue 322.87M 333.42M 259.85M 113.92M 114.77M
Total operating expenses 95.03M 84.16M 73.68M 8.38M -58.19M
Cost of revenue 278.71M 221.72M 181.23M - -
Total other income expense net - -258.01M -3.88M -51.41M -47.33M
Net income from continuing ops -35.17M 25.28M 10.62M 35.54M 48.11M
Net income applicable to common shares - - - 35.54M 48.11M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 5571.65M 5737.86M 5167.57M 4543.10M 4210.99M
Intangible assets - - 10.57M - -
Other current assets 487.32M - 433.02M -1223.26M 1509.11M
Total liab 5211.88M 5353.80M 4804.78M 4178.13M 3830.66M
Total stockholder equity 359.77M 384.06M 362.80M 364.97M 380.34M
Other current liab 8.26M 4933.21M 3111.03M -2.91M -2.02M
Common stock 186.58M 186.09M 184.70M 192.94M 218.95M
Capital stock 186.58M 186.09M 184.70M 192.94M 218.95M
Retained earnings 193.32M 230.62M 207.47M 205.68M 172.43M
Good will 4.69M 4.69M 4.69M 4.69M 4.69M
Other assets 4686.28M 5036.94M - 4036.83M 1509.11M
Cash 456.78M 466.41M 405.90M 256.55M 442.96M
Total current liabilities 10.00M 4935.70M 3366.03M 2.91M 2.02M
Current deferred revenue - - -3.85M - -
Net debt -101.81M -66.26M 313.87M 462.91M 176.19M
Short term debt - 50.00M 255.00M - 104.23M
Short long term debt total 354.96M 400.15M 719.77M 719.46M 619.15M
Other stockholder equity - - - -33.64M -11.04M
Property plant equipment - - - 72.71M 59.84M
Total current assets 1100.18M 1852.85M 433.02M 428.88M 1974.75M
Long term investments 1029.30M 837.15M 702.01M 579.55M 662.61M
Net tangible assets - - - 360.29M 375.65M
Short term investments 615.50M 413.30M 474.86M 390.38M 603.04M
Net receivables 27.91M 973.15M 955.23M 1005.20M 928.74M
Long term debt 354.96M 400.15M 719.77M 719.46M 619.15M
Inventory - - -18.48M 0.04M 1.22M
Accounts payable 1.74M 2.50M 3.85M 2.91M 2.02M
Accumulated other comprehensive income -20.13M -32.65M -29.38M -33.64M -11.04M
Common stock total equity - - - 192.94M 218.95M
Retained earnings total equity - - - 205.68M 172.43M
Non currrent assets other 407.50M 149.41M 96.73M -579.55M -727.14M
Non current assets total 4471.47M 3885.01M 4734.55M 77.40M 727.14M
Long term debt total - - - 104.53M 104.23M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -187.37M -496.17M -603.95M -366.43M -254.79M
Change to liabilities - - - -3.77M -0.92M
Total cashflows from investing activities 128.68M -496.17M -474.50M -601.03M 43.87M
Net borrowings -45.50M -320.00M 0.00M 100.00M 23.66M
Total cash from financing activities -141.76M 543.69M 612.17M 331.90M -75.56M
Change to operating activities - - - 7.68M 7.18M
Net income -35.17M 25.28M 8.42M 35.54M 48.11M
Change in cash -9.63M 60.51M 149.35M -186.41M 23.15M
Begin period cash flow 466.41M 405.90M 256.55M 442.96M 419.81M
End period cash flow 456.78M 466.41M 405.90M 256.55M 442.96M
Total cash from operating activities 3.45M 12.99M 11.68M 82.72M 54.84M
Depreciation 6.19M 8.46M 5.75M 8.73M 8.78M
Other cashflows from investing activities 317.28M -343.03M -352.57M -217.08M 328.55M
Dividends paid 2.09M 2.08M 2.16M -2.32M -2.42M
Sale purchase of stock -0.52M -0.28M -9.34M -27.78M -4.44M
Other cashflows from financing activities -93.66M 866.05M 623.66M 877.00M -0.44M
Change to netincome - - - 33.16M -9.60M
Capital expenditures 1.23M 2.59M 5.37M 17.52M 29.89M
Cash flows other operating - - - 9.07M 8.47M
Cash and cash equivalents changes - - - -186.41M 23.15M
Change in working capital 4.49M 3.97M -9.34M 6.90M 6.95M
Stock based compensation 1.22M 1.81M 1.26M 2.04M 2.39M
Other non cash items 44.81M -25.17M 9.95M 24.88M -13.82M
Free cash flow 2.22M 10.40M 6.31M 65.21M 24.95M

Peer Comparison*

Sector: Financial Services Industry: Banks - Regional

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
INBK
First Internet Bancorp		 -0.40
1.55%		 25.37 - 8.45 4.52 0.69 4.82
DBSDY
DBS Group Holdings Ltd ADR		 -6.82
3.06%		 215.88 20.00 17.57 7.54 3.17 13.19
CIHHF
China Merchants Bank Co Ltd Class H		 -
-%		 6.66 7.70 7.10 0.55 0.83 3.51
CIHKY
China Merchants Bank Co Ltd		 0.02
0.06%		 34.57 7.79 7.20 0.55 0.85 3.51
UNCFF
UniCredit SpA		 -0.81
0.94%		 85.79 11.53 10.27 5.72 1.83 8.22

Profile*

First Internet Bancorp

First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides various commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States. The company offers noninterest-bearing and interest-bearing demand deposits, savings accounts, and money market accounts, as well as certificates of deposit and brokered deposits. It also provides commercial and industrial, owner-occupied commercial real estate, investor commercial real estate, construction, single tenant lease financing, single tenant lease, public, specialty, healthcare and finance, small business lending, commercial deposits and treasury management, franchise finance, residential mortgage, home equity, and other consumer loans. In addition, the company is involved in the provision of municipal finance lending and leasing products to government entities, as well as treasury management services; purchase, manage, service, and safekeeping of municipal securities; and offers corporate credit cards. First Internet Bancorp was founded in 1998 and is headquartered in Fishers, Indiana.

8701 East 116th Street, Fishers, IN, United States, 46038

317 532 7900

https://www.firstinternetbancorp.com

354

Name Title Year Born
Mr. David B. Becker Chairman & CEO 1953
Ms. Nicole S. Lorch Pres, COO & Corp. Sec. 1974
Mr. Kenneth J. Lovik Exec. VP & CFO 1970
Ms. Paula Deemer Exec. Assistant & Director of Corp. Admin. NA
Mr. David Bybee VP & Sr. Credit Officer NA
Mr. Kevin B. Quinn Sr. VP of Retail Lending - First Internet Bank NA
Mr. Timothy C. Dusing Sr. VP of Public Fin. - First Internet Bank NA
Ms. Nicole S. Lorch President, COO & Corporate Secretary 1974
Mr. Kenneth J. Lovik Executive VP & CFO 1970
Ms. Paula Deemer Executive Assistant & Director of Corporate Administration NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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