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INBKFirst Internet Bancorp
$26.04$227M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
INBK logo

First Internet Bancorp

INBK
NASDAQ · Regional Banks
$26.04
At close - Sep 24, 4:00 PM EDT - USD
Market Cap$227M
P/E-6.5x
52W High$31.09
Volume50.75K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Persistent Margin Compression Challenges Digital Banking Model

First Internet Bancorp faces a challenging outlook as its reliance on high-cost digital deposits continues to suppress net interest margins to 0.6% as of 2026Q1. While the bank has attempted to manage liquidity through a $4.6 billion investment securities port...

GrowthMixed
ProfitabilityStrained
ValuationAttractive
TechnicalsMixed
Explore valuation models
MARKET ACTION

INBK price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

4/12 Beats

EPS beat 4 of last 12 quarters

02

Valuation risk

-137% Peers

P/E is 137% below peer median

03

Market leadership

RS 81 · Leader

High momentum (Outperforming 81% of market)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Oct 30

Market performance

Price History →

Trailing total returns as of 9/25/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
INBK+28.05%
S&P 500 (^GSPC)+12.30%
1-Year Return
INBK+8.33%
S&P 500 (^GSPC)+16.05%
3-Year Return
INBK+55.67%
S&P 500 (^GSPC)+77.30%
5-Year Return
INBK-9.23%
S&P 500 (^GSPC)+72.81%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-6.5x
Forward P/E
11.0x
EV/EBITDA
N/A
FCF YieldCash Flow
1.0%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-6.5x
12.5x
0th· Low
EV/EBITDA
N/A
14.3x
N/A
Price/FCF
102.2x
30.3x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$116M-9.7% YoY
Net income
-$35M-239.1% YoY
Free cash flow
$2M-78.6% YoY
Operating margin
-15.8%-24.0 pts YoY
ROIC (TTM)-5.1%
Avg ROIC 5Y-
ROE (TTM)-9.5%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate4/12 (40%)
Revenue Beat Rate5/12 (50%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 30, 2026
$0.27+80.0%
vs $0.15
$41M-6.2%
vs $44M
Q2 2026
Apr 30, 2026
$0.29+262.5%
vs $0.08
$43M-5.6%
vs $46M
Q2 2026
Mar 11, 2026
$0.60
vs —
$89M
vs —
Q1 2026
Jan 29, 2026
$0.64+8.5%
vs $0.59
$42M-3.2%
vs $44M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·4d ago
First Internet Bancorp to Pay Cash Dividend

FISHERS, Ind.--(BUSINESS WIRE)--The Board of Directors of First Internet Bancorp (the “Company”) (Nasdaq: INBK) has declared a quarterly cash dividend of $0.06 per common share. The dividend will be payable on October 15, 2026 to shareholders of record at the close of business on October 1, 2026.The declaration and amount of any future cash dividends will be subject to the sole discretion of the Board of Directors and will depend upon many factors, including the Company's results of operations,.

Business Wire·Sep 10, 2026
First Internet Bancorp Completes Private Placement of $20.5 Million of 8.0% Fixed-to-Floating Rate Subordinated Notes

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today the completion of a private placement of $20.5 million in aggregate principal amount of 8.0% fixed-to-floating rate subordinated notes due 2036 (the “Notes”). The Notes will bear interest at a fixed rate of 8.0% per annum from September 10, 2026 to September 15, 2031, with interest during this period payable semi-annually in arrears. From.

Business Wire·Sep 2, 2026
First Internet Bancorp to Participate in the Oppenheimer Fintech Leaders Conference

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today that it will participate in the Oppenheimer Fintech Leaders Conference, scheduled for September 15, 2026, at the Thompson Central Park Hotel in New York City. Attending the conference are members of the executive management team: Nicole Lorch, President and COO; and Ken Lovik, Executive Vice President and CFO, who will also participate in.

MarketBeat·Aug 4, 2026
System Upgrade: First Internet Bancorp Options Surge

When institutional capital leaves a giant footprint in a thinly traded regional bank, it's wise to pay attention. On July 31, 2026, the options market for First Internet Bancorp NASDAQ: INBK registered a historic flow anomaly.

Filtered for First Internet BancorpMore Headlines
04

Compare before deciding

Benchmark INBK against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for First Internet Bancorp (INBK)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
INBK logoINBKFirst Internet BancorpCurrent
$26.04$226.98M-6.46-9.65%-10.89%-9.46%0.92%
SOFI logoSOFISoFi Technologies, Inc.
$16.80$21.55B43.0838.32%11.4%6.18%—
HONE logoHONEHarborOne Bancorp, Inc.
$12.10$522.22M18.330.96%8.56%4.56%—
NBTB logoNBTBNBT Bancorp Inc.
$51.13$2.66B15.3514.54%22.65%11.26%—
CFFN logoCFFNCapitol Federal Financial, Inc.
$8.66$1.07B16.6520.42%37.45%8.01%—
FIS logoFISFidelity National Information Services, Inc.
$35.01$18.1B46.685.43%27.15%22.56%—

Compare INBK vs Peers

First Internet Bancorp (INBK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SOFI

Most directly comparable listed peer for INBK.

Scale Benchmark

vs FISV

Larger-name benchmark to compare INBK against a more recognizable public peer.

Peer Set

Compare Top 5

vs SOFI, HONE, NBTB, CFFN

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

INBK SEC Filings & Documents

First Internet Bancorp (INBK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 30, 2026·SEC

Material company update

Jun 16, 2026·SEC

Material company update

May 20, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 11, 2026·SEC

FY 2025

Mar 12, 2025·SEC

FY 2024

Mar 13, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 5, 2026·SEC

FY 2026

May 6, 2026·SEC

FY 2025

Nov 10, 2025·SEC

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INBK Frequently Asked Questions

First Internet Bancorp (INBK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is First Internet Bancorp growing?

First Internet Bancorp (INBK) saw revenue decline by 9.7% over the past year.

Is INBK profitable?

First Internet Bancorp (INBK) reported a net loss of $31.4M for fiscal year 2025.

Dividend & Returns
Does INBK pay dividends?

Yes, First Internet Bancorp (INBK) pays a dividend with a yield of 0.92%. This makes it attractive for income-focused investors.

What is INBK's return on equity?

First Internet Bancorp (INBK) has a return on equity (ROE) of -9.5%. Negative ROE indicates the company is unprofitable.

Industry Metrics
What is First Internet Bancorp's net interest margin?

First Internet Bancorp (INBK) has a net interest margin (NIM) of 2.0%. NIM has been under pressure due to interest rate environment.

What is First Internet Bancorp's efficiency ratio?

First Internet Bancorp (INBK) has an efficiency ratio of 29.4%. This is excellent, indicating strong cost control.

What if you invested $1,000 in INBK back in 2005?

Total return calculator · dividends reinvested · 21+ years of data

See returns →