First Internet Bancorp (INBK): Price and Financial Metrics

INBK POWR Grades

• INBK scores best on the Value dimension, with a Value rank ahead of 85.66% of US stocks.
• INBK's strongest trending metric is Quality; it's been moving down over the last 179 days.
• INBK's current lowest rank is in the Growth metric (where it is better than 8.11% of US stocks).

INBK Stock Summary

• Price to trailing twelve month operating cash flow for INBK is currently 1.98, higher than just 8.71% of US stocks with positive operating cash flow.
• Equity multiplier, or assets relative to shareholders' equity, comes in at 12.19 for FIRST INTERNET BANCORP; that's greater than it is for 93.67% of US stocks.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for INBK comes in at -64.3% -- higher than that of only 8.54% of 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 MBWM, BANC, CZWI, HOPE, and FNWB.
• 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 23.9; this is 121.3% higher than that of the median Financial Services stock.
• INBK's EV/EBIT ratio has moved up 17.2 over the prior 173 months.

Below are key valuation metrics over time for INBK.

INBK Growth Metrics

The year over year net cashflow from operations growth rate now stands at -19.34%.
• Its year over year net income to common stockholders growth rate is now at 44.24%.
• Its 4 year cash and equivalents growth rate is now at 561.55%.

Over the past 67 months, INBK's revenue has gone up $68,189,000.

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
2022-09-30	119.443	85.673	41.668
2022-06-30	120.786	65.349	45.322
2022-03-31	122.525	56.493	48.873
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

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.