First Financial Statements From 2010 to 2024

INBK Stock  USD 41.03  0.69  1.65%   
First Internet financial statements provide useful quarterly and yearly information to potential First Internet Bancorp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on First Internet financial statements helps investors assess First Internet's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting First Internet's valuation are summarized below:
Gross Profit
113.4 M
Profit Margin
0.2027
Market Capitalization
355.6 M
Enterprise Value Revenue
8.4175
Revenue
109 M
There are currently one hundred twenty fundamental signals for First Internet Bancorp that can be evaluated and compared over time across rivals. We recommend to verify First Internet's prevailing fundamental drivers against the all of the trends between 2010 and 2024. Enterprise Value is expected to rise to about 554 M this year, although the value of Market Cap will most likely fall to about 112.8 M.

First Internet Total Revenue

50.98 Million

Check First Internet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Internet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.6 M, Interest Expense of 172.8 M or Selling General Administrative of 51.7 M, as well as many indicators such as Price To Sales Ratio of 1.98, Dividend Yield of 0.0101 or PTB Ratio of 0.58. First financial statements analysis is a perfect complement when working with First Internet Valuation or Volatility modules.
  
Check out the analysis of First Internet Correlation against competitors.

First Internet Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets5.4 B5.2 B2.7 B
Slightly volatile
Short and Long Term Debt Total755.8 M719.8 M382 M
Slightly volatile
Total Current Liabilities18.9 M18 M3.6 M
Slightly volatile
Total Stockholder Equity380.9 M362.8 M216.3 M
Slightly volatile
Retained Earnings217.8 M207.5 M88 M
Slightly volatile
Accounts PayableM3.8 M1.4 M
Slightly volatile
Cash426.2 M405.9 M182.8 M
Slightly volatile
Non Current Assets Total74.2 M78.2 M312.4 M
Pretty Stable
Other AssetsB3.8 B2.1 B
Slightly volatile
Cash And Short Term Investments924.8 M880.8 M533.1 M
Slightly volatile
Net Receivables25.4 M26.7 M409.3 M
Slightly volatile
Common Stock Total Equity134.6 M221.9 M135.3 M
Slightly volatile
Common Stock Shares Outstanding6.1 M8.9 M6.5 M
Slightly volatile
Liabilities And Stockholders Equity5.4 B5.2 B2.7 B
Slightly volatile
Non Current Liabilities Total1.5 B1.4 B431.2 M
Slightly volatile
Total LiabilitiesB4.8 B2.5 B
Slightly volatile
Total Current AssetsB1.3 B1.2 B
Slightly volatile
Short Term Debt128.7 M255 M116.4 M
Slightly volatile
Common Stock133.3 M184.7 M132.7 M
Slightly volatile
Good Will3.7 M4.2 M4.6 M
Slightly volatile
Other Liabilities27.3 M26 M14.1 M
Slightly volatile
Long Term Debt755.8 M719.8 M246.4 M
Slightly volatile
Short Term Investments376.1 M474.9 M344.2 M
Slightly volatile
Intangible Assets5.5 M10.6 MM
Slightly volatile
Property Plant Equipment87.8 M83.6 M27.5 M
Slightly volatile
Property Plant And Equipment Net77.1 M73.5 M26.1 M
Slightly volatile
Net Tangible Assets252.2 M414.3 M214.6 M
Slightly volatile
Retained Earnings Total Equity248.4 M236.5 M94.2 M
Slightly volatile
Long Term Debt Total126.2 M120.2 M49.2 M
Slightly volatile
Long Term Investments1.4 B702 MB
Slightly volatile
Property Plant And Equipment Gross92.7 M88.3 M30.6 M
Slightly volatile
Non Current Liabilities Other397.6 M707.2 M321 M
Slightly volatile
Short and Long Term Debt117.7 M126 M132 M
Pretty Stable
Earning Assets697.9 M1.2 B631.2 M
Slightly volatile
Net Invested CapitalB1.1 B814.6 M
Slightly volatile
Capital Stock168.7 M184.7 M217 M
Slightly volatile

First Internet Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization3.6 M5.7 M4.3 M
Slightly volatile
Interest Expense172.8 M164.5 M50.8 M
Slightly volatile
Selling General Administrative51.7 M49.2 M10.5 M
Slightly volatile
Selling And Marketing Expenses1.6 M2.6 M1.9 M
Slightly volatile
Total Revenue51 M84.4 M57.1 M
Slightly volatile
Gross Profit51 M84.4 M57.1 M
Slightly volatile
Other Operating Expenses100.1 M95.3 M42.7 M
Slightly volatile
Operating Income8.4 M8.8 M20.2 M
Slightly volatile
EBIT4.7 M4.9 M19.7 M
Slightly volatile
EBITDA10.2 M10.7 M24.1 M
Slightly volatile
Income Before Tax4.7 M4.9 M18.2 M
Slightly volatile
Net Income13.6 M8.4 M15.9 M
Slightly volatile
Cost Of Revenue514.6 K541.6 K12.3 M
Pretty Stable
Net Income Applicable To Common Shares42.9 M40.9 M20.2 M
Slightly volatile
Net Income From Continuing Ops10.1 M10.6 M16 M
Slightly volatile
Net Interest Income70.2 M76.8 M53.2 M
Slightly volatile
Interest Income133.8 M218.8 M95.7 M
Slightly volatile
Reconciled Depreciation7.7 MM6.2 M
Slightly volatile

First Internet Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow269.4 M256.6 M150.2 M
Slightly volatile
Depreciation3.6 M5.7 M4.3 M
Slightly volatile
Capital Expenditures5.9 M5.4 M7.1 M
Slightly volatile
Net Income13.6 M8.4 M15.9 M
Slightly volatile
End Period Cash Flow426.2 M405.9 M183.4 M
Slightly volatile
Dividends Paid1.8 M2.2 M1.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.982.53372.7576
Pretty Stable
Dividend Yield0.01010.01010.0096
Slightly volatile
PTB Ratio0.580.58930.8014
Pretty Stable
Days Sales Outstanding1101162.3 K
Pretty Stable
Book Value Per Share43.141.051529.7196
Slightly volatile
Average Payables149.8 K141.4 K127.6 K
Pretty Stable
Stock Based Compensation To Revenue0.01460.01490.0167
Slightly volatile
Capex To Depreciation1.030.93371.35
Pretty Stable
PB Ratio0.580.58930.8014
Pretty Stable
EV To Sales4.536.25365.7831
Pretty Stable
ROIC0.01730.01820.0424
Slightly volatile
Net Income Per Share1.40.95242.0955
Slightly volatile
Sales General And Administrative To Revenue0.610.58310.1754
Pretty Stable
Capex To Revenue0.06440.06360.094
Slightly volatile
Cash Per Share10599.660273.1545
Slightly volatile
Interest Coverage0.05090.05360.7681
Slightly volatile
Payout Ratio0.130.25610.1143
Pretty Stable
ROE0.0220.02320.0695
Very volatile
PE Ratio26.6725.398713.3435
Slightly volatile
Return On Tangible Assets0.00150.00160.006
Pretty Stable
Earnings Yield0.07070.03940.0939
Pretty Stable
Intangibles To Total Assets9.0E-49.0E-40.0033
Slightly volatile
Current Ratio69.2172.85783.3 K
Slightly volatile
Tangible Book Value Per Share42.5540.521128.9243
Slightly volatile
Receivables Turnover4.053.15473.1761
Slightly volatile
Graham Number25.3829.659835.7807
Slightly volatile
Shareholders Equity Per Share43.141.051529.7196
Slightly volatile
Debt To Equity1.071.28111.42
Slightly volatile
Capex Per Share0.60.60730.9019
Slightly volatile
Average Receivables141.9 M159.7 M173.9 M
Slightly volatile
Revenue Per Share6.059.54748.218
Slightly volatile
Interest Debt Per Share74.7771.208250.2731
Slightly volatile
Debt To Assets0.0880.08990.1197
Slightly volatile
Short Term Coverage Ratios1.451.631.775
Slightly volatile
Price Earnings Ratio26.6725.398713.3435
Slightly volatile
Price Book Value Ratio0.580.58930.8014
Pretty Stable
Dividend Payout Ratio0.130.25610.1143
Pretty Stable
Pretax Profit Margin0.05560.05850.2949
Pretty Stable
Ebt Per Ebit0.40.640.5245
Slightly volatile
Operating Profit Margin0.09930.10450.3906
Slightly volatile
Company Equity Multiplier9.2514.243811.4559
Slightly volatile
Long Term Debt To Capitalization0.440.56160.5571
Slightly volatile
Total Debt To Capitalization0.440.56160.5582
Slightly volatile
Return On Capital Employed0.00160.00170.0104
Slightly volatile
Debt Equity Ratio1.071.28111.42
Slightly volatile
Ebit Per Revenue0.09930.10450.3906
Slightly volatile
Quick Ratio69.2172.85783.5 K
Slightly volatile
Net Income Per E B T1.791.70380.9048
Slightly volatile
Cash Ratio21.3822.5099204
Slightly volatile
Days Of Sales Outstanding1101162.3 K
Pretty Stable
Price To Book Ratio0.580.58930.8014
Pretty Stable
Fixed Asset Turnover1.091.14869.0113
Slightly volatile
Debt Ratio0.0880.08990.1197
Slightly volatile
Price Sales Ratio1.982.53372.7576
Pretty Stable
Return On Assets0.00150.00160.006
Pretty Stable
Asset Turnover0.02950.01630.0262
Slightly volatile
Net Profit Margin0.180.09980.2433
Slightly volatile
Price Fair Value0.580.58930.8014
Pretty Stable
Return On Equity0.0220.02320.0695
Very volatile

First Internet Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap112.8 M213.8 M178.9 M
Slightly volatile
Enterprise Value554 M527.7 M410.2 M
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings9.3985
Cash And Short Term Investments880.8 M

First Upcoming Events

24th of April 2024
Upcoming Quarterly Report
View
24th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
22nd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About First Internet Financial Statements

First Internet investors utilize fundamental indicators, such as revenue or net income, to predict how First Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-3.8 M-4 M
Total Revenue84.4 M51 M
Cost Of Revenue541.6 K514.6 K
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.58  0.61 
Capex To Revenue 0.06  0.06 
Revenue Per Share 9.55  6.05 
Ebit Per Revenue 0.10  0.10 

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When determining whether First Internet Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Internet's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Internet Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Internet Bancorp Stock:
Check out the analysis of First Internet Correlation against competitors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Internet. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Internet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.052
Dividend Share
0.24
Earnings Share
2.52
Revenue Per Share
12.546
Quarterly Revenue Growth
0.331
The market value of First Internet Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Internet's value that differs from its market value or its book value, called intrinsic value, which is First Internet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Internet's market value can be influenced by many factors that don't directly affect First Internet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Internet's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Internet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Internet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.