INBK

First Internet Bancorp (INBK)
Financial Services • Banks - Regional • $29.75 • MCap: 259,823,824 🌐
https://www.firstinternetbancorp.com • First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides various commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States. The company offers noninterest-bearing and interest-bearing demand deposits, savings accounts, and money market accounts, as well as certificates of deposit and brokered deposits. It also provides commercial and industrial, owner-occupied commercial real estate, investor commercial real estate, construction, single tenant lease financing, single tenant lease, public, specialty, healthcare and finance, small business lending, commercial deposits and treasury management, franchise finance, residential mortgage, home equity, and other consumer loans. In addition, the company is involved in the provision of municipal finance lending and leasing products to government entities, as well as treasury management services; purchase, manage, service, and safekeeping of municipal securities; and offers corporate credit cards. First Internet Bancorp was founded in 1998 and is headquartered in Fishers, Indiana.
Buy Decision Core
Total Score
56
Business Quality
6
Financial Strength
11
Growth Outlook
11
Momentum
4
Price Action
Current
29.75
52W High
29.94
52W Low
17.12
Above 50DMA
27.90 (6.65%)
Above 200DMA
23.43 (26.98%)
Relative Strength
Relative Strength
0.32
RS 3M
0.21
RS 6M
0.48
RS 9M
0.48
RS 12M
0.25
Fundamentals
Revenue Growth
0.39%
Earnings Growth
12.50%
ROE
-0.08%
ROA
-0.01%
Valuation
PE (Fwd)
6.57
PEG
0
P/B
0.71
Upside
3.87%
Risk
Beta
0.83
Short %
0.03
Risk Score
4.00
Analyst
Rating
none
Target
30.90
Beta
0.83
Analysts
0


Total Score
56
Upside
3.87%
Relative Strength
0.32
Beta
0.83
Why Buy?
  • PEG Ratio below 1 (attractive valuation)
  • Trading below book value
  • Trading above 50 DMA
  • Trading above 200 DMA
Key Risks
  • Negative ROE
Score Breakdown
Business
6
Financial
11
Growth
11
Valuation
15
Risk
4
Momentum
4
Technical
52W High: 29.94
52W Low: 17.12
Above 50DMA: 6.65%
Above 200DMA: 26.98%
Valuation
Forward PE: 6.57
PEG: 0
P/B: 0.71
Upside: 3.87%
Risk
Beta: 0.83
Short Float: 0.03%
ROE: -0.08%
ROA: -0.01%