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First Internet Bancorp is a banks-regional business based in the US. First Internet Bancorp shares (INBK) are listed on the NASDAQ and all prices are listed in US Dollars. First Internet Bancorp employs 227 staff and has a trailing 12-month revenue of around USD$83.6 million.
|Latest market close||USD$28.74|
|52-week range||USD$10.3508 - USD$29.74|
|50-day moving average||USD$26.9509|
|200-day moving average||USD$19.0487|
|Wall St. target price||USD$35|
|Dividend yield||USD$0.24 (0.83%)|
|Earnings per share (TTM)||USD$2.591|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-12)||-6.38%|
|1 month (2020-12-22)||-0.59%|
|3 months (2020-10-20)||62.93%|
|6 months (2020-07-20)||92.76%|
|1 year (2020-01-18)||N/A|
|2 years (2019-01-18)||17.31%|
|3 years (2018-01-19)||41.35|
|5 years (2016-01-20)||19.70%|
Valuing First Internet Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of First Internet Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
First Internet Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, First Internet Bancorp shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
|Revenue TTM||USD$83.6 million|
|Operating margin TTM||38.11%|
|Gross profit TTM||USD$73.8 million|
|Return on assets TTM||0.6%|
|Return on equity TTM||8.3%|
|Market capitalisation||USD$283.4 million|
TTM: trailing 12 months
There are currently 106,852 First Internet Bancorp shares held short by investors – that's known as First Internet Bancorp's "short interest". This figure is 0.1% down from 106,973 last month.
There are a few different ways that this level of interest in shorting First Internet Bancorp shares can be evaluated.
First Internet Bancorp's "short interest ratio" (SIR) is the quantity of First Internet Bancorp shares currently shorted divided by the average quantity of First Internet Bancorp shares traded daily (recently around 25747.469879518). First Internet Bancorp's SIR currently stands at 4.15. In other words for every 100,000 First Internet Bancorp shares traded daily on the market, roughly 4150 shares are currently held short.
However First Internet Bancorp's short interest can also be evaluated against the total number of First Internet Bancorp shares, or, against the total number of tradable First Internet Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case First Internet Bancorp's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 First Internet Bancorp shares in existence, roughly 10 shares are currently held short) or 0.0114% of the tradable shares (for every 100,000 tradable First Internet Bancorp shares, roughly 11 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against First Internet Bancorp.
Find out more about how you can short First Internet Bancorp stock.
Dividend payout ratio: 8.66% of net profits
Recently First Internet Bancorp has paid out, on average, around 8.66% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.83% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), First Internet Bancorp shareholders could enjoy a 0.83% return on their shares, in the form of dividend payments. In First Internet Bancorp's case, that would currently equate to about $0.24 per share.
While First Internet Bancorp's payout ratio might seem low, this can signify that First Internet Bancorp is investing more in its future growth.
First Internet Bancorp's most recent dividend payout was on 15 October 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2020 (the "ex-dividend date").
First Internet Bancorp's shares were split on a 15:10 basis on 24 June 2013. So if you had owned 10 shares the day before before the split, the next day you'd have owned 15 shares. This wouldn't directly have changed the overall worth of your First Internet Bancorp shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for First Internet Bancorp shares which in turn could have impacted First Internet Bancorp's share price.
Over the last 12 months, First Internet Bancorp's shares have ranged in value from as little as $10.3508 up to $29.74. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while First Internet Bancorp's is 0.7948. This would suggest that First Internet Bancorp's shares are less volatile than average (for this exchange).
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial and retail banking products and services in the United States. The company offers savings and money market accounts, non-interest bearing and interest-bearing demand deposits, brokered deposit accounts, and certificates of deposit. It also provides commercial and industrial, owner-occupied commercial real estate, investor commercial real estate, construction, residential mortgage, home equity, small installment, home improvement, term, and other consumer loans, as well as single tenant lease financing, public and healthcare finance, lines of credit, and letters of credit to individuals and commercial customers. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and offers municipal lending and leasing products to government entities. In addition, it provides corporate credit card and treasury management services. The company offers its services through its Website, firstib.com. First Internet Bancorp was founded in 1999 and is based in Fishers, Indiana.
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