First Internet Bancorp (INBK): Price and Financial Metrics

INBK POWR Grades

• INBK scores best on the Sentiment dimension, with a Sentiment rank ahead of 96.64% of US stocks.
• INBK's strongest trending metric is Growth; it's been moving down over the last 163 days.
• INBK's current lowest rank is in the Quality metric (where it is better than 30.9% of US stocks).

INBK Stock Summary

• The ratio of debt to operating expenses for First Internet Bancorp is higher than it is for about 91.27% of US stocks.
• INBK's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 94.96% of US stocks.
• Over the past twelve months, INBK has reported earnings growth of 104.87%, putting it ahead of 80.84% of US stocks in our set.
• If you're looking for stocks that are quantitatively similar to First Internet Bancorp, a group of peers worth examining would be ISBC, FOR, GHLD, NFBK, and MCBS.
• Visit INBK's SEC page to see the company's official filings. To visit the company's 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 3 year cash and equivalents growth rate now stands at 29.27%.
• Its 3 year net income to common stockholders growth rate is now at 131.96%.
• Its year over year net cashflow from operations growth rate is now at 209.21%.

Over the past 33 months, INBK's revenue has gone up $48,456,000.

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
2021-09-30	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
2020-06-30	74.965	-24.458	23.373

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.