Back to top
more

First Internet Bancorp (INBK)

(Delayed Data from NSDQ)

$31.05 USD

31.05
69,916

+0.34 (1.11%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $31.06 +0.01 (0.03%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value F Growth B Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 35% (163 out of 252)

Industry: Banks - Northeast

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for INBK

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

 

Fiscal Year End for First Internet Bancorp falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 406 257 443 420 327
Receivables 3,828 3,489 2,876 3,047 2,960
Notes Receivable 0 0 0 0 0
Inventories 22 22 48 40 56
Other Current Assets 0 0 0 0 0
Total Current Assets 4,256 3,767 3,367 3,507 3,344
Net Property & Equipment 73 73 60 38 15
Investments & Advances 730 608 688 592 628
Other Non-Current Assets 0 0 1 0 2
Deferred Charges 0 0 0 0 0
Intangibles 5 5 5 5 5
Deposits & Other Assets 103 91 90 106 107
Total Assets 5,168 4,543 4,211 4,246 4,100
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 4,067 3,441 3,179 3,271 3,154
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 18 17 33 50 57
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 4,085 3,459 3,212 3,321 3,211
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 720 719 619 595 584
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 4,805 4,178 3,831 3,915 3,795
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 185 193 219 221 219
Capital Surplus 0 0 0 0 0
Retained Earnings 207 206 172 127 100
Other Equity -29 -34 -11 -17 -14
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 363 365 380 331 305
Total Liabilities & Shareholder's Equity 5,168 4,543 4,211 4,246 4,100
Total Common Equity 363 365 380 331 305
Shares Outstanding 8.60 9.20 9.80 9.80 9.70
Book Value Per Share 42.19 39.67 38.81 33.77 31.43

Fiscal Year End for First Internet Bancorp falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 406 521 466 304
Receivables NA 3,828 3,722 3,635 3,593
Notes Receivable NA 0 0 0 0
Inventories NA 22 32 32 18
Other Current Assets NA 0 0 0 0
Total Current Assets NA 4,256 4,275 4,133 3,915
Net Property & Equipment NA 73 74 74 74
Investments & Advances NA 730 711 638 635
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 5 5 5 5
Deposits & Other Assets NA 103 104 98 93
Total Assets NA 5,168 5,169 4,947 4,721
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 4,067 4,084 3,854 3,622
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 18 18 19 24
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 4,085 4,102 3,873 3,646
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 720 720 720 720
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 0 0 0
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 4,805 4,821 4,593 4,366
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 185 185 187 189
Capital Surplus NA 0 0 0 0
Retained Earnings NA 207 204 201 198
Other Equity NA -29 -41 -33 -31
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 363 348 354 356
Total Liabilities & Shareholder's Equity NA 5,168 5,169 4,947 4,721
Total Common Equity 0 363 348 354 356
Shares Outstanding 8.60 8.60 8.70 8.90 8.90
Book Value Per Share 0.00 42.19 39.97 39.81 39.95