First Internet Bancorp (INBK): Price and Financial Metrics

INBK POWR Grades

• INBK scores best on the Sentiment dimension, with a Sentiment rank ahead of 96.41% of US stocks.
• INBK's strongest trending metric is Momentum; it's been moving up over the last 179 days.
• INBK's current lowest rank is in the Growth metric (where it is better than 40.37% of US stocks).

INBK Stock Summary

• For INBK, its debt to operating expenses ratio is greater than that reported by 90.79% of US equities we're observing.
• INBK's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 94.5% of US stocks.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for INBK comes in at 9.47% -- higher than that of 83.16% of stocks in our set.
• Stocks that are quantitatively similar to INBK, based on their financial statements, market capitalization, and price volatility, are MBWM, GHLD, FBIZ, CNOB, and ISBC.
• INBK's SEC filings can be seen here. And to visit First Internet Bancorp's official web site, go to www.firstinternetbancorp.com.

INBK Valuation Summary

• INBK's EV/EBIT ratio is 10.7; this is 24.42% higher than that of the median Financial Services stock.
• Over the past 152 months, INBK's EV/EBIT ratio has gone up 4.
• Over the past 152 months, INBK's price/sales ratio has gone up 2.

Below are key valuation metrics over time for INBK.

INBK Growth Metrics

The 2 year revenue growth rate now stands at 18.72%.
• Its 4 year revenue growth rate is now at 89.61%.
• Its 2 year net cashflow from operations growth rate is now at -432.07%.

INBK's revenue has moved up $51,011,000 over the prior 34 months.

The table below shows INBK's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-12-31	118.37	54.84	48.114
2021-09-30	115.591	91.034	46.727
2021-06-30	113.048	68.772	43.048
2021-03-31	99.408	70.036	33.884
2020-12-31	91.552	13.068	29.453
2020-09-30	83.205	-37.747	25.458

INBK's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• INBK has a Quality Grade of D, ranking ahead of 24.09% of graded US stocks.
• INBK's asset turnover comes in at 0.027 -- ranking 408th of 430 Banking stocks.
• EQBK, ISBC, and NYCB are the stocks whose asset turnover ratios are most correlated with INBK.

The table below shows INBK's key quality metrics over time.