profit from every $100 of sales.
$0$100
First Internet Bancorp
$25.40-1.09% today
+39.6% in 1 year
1-year low $17.261-year high $29.94
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What First Internet Bancorp sold, what it kept, and what it did with the cash.
Sales went from $114 million in 2022 to $110 million in 2025, with -$35.2 million of profit last year.
SalesProfit
First Internet Bancorp handed back more cash to shareholders than it generated last year.
$2M
Free cash flow 2025$2M
Bought back its own shares$521,000
Paid as dividends$2M
Cash vs. debt$457M vs. $355M
First Internet Bancorp vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| First Internet Bancorp | No profit yet | ||
 China Merchants Bank | 7.7× · Cheap | ||
 DBS Group Holdings | 18.5× · Fair price | ||
 UniCredit | 11.5× · Cheap | ||
 HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads First Internet Bancorp's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 114 | 95 | 129 | 110 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 36 | 8 | 25 | -35 | |
| 3.70 | 0.95 | 2.88 | -4.03 | |
| – | – | – | – | |
| – | – | – | – | |
| 31.2% | 8.8% | 19.6% | -32.0% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 4,543 | 5,168 | 5,738 | 5,572 |
| Cash | 257 | 406 | 466 | 457 |
| Total debt | 719 | 720 | 400 | 355 |
| Total liabilities | 4,178 | 4,805 | 5,354 | 5,212 |
| 365 | 363 | 384 | 360 | |
| 10 | 9 | 9 | 9 | |
| – | – | – | – | |
| 9.7% | 2.3% | 6.6% | -9.8% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 83 | 12 | 13 | 3 | |
| 18 | 5 | 3 | 1 | |
| 65 | 6 | 10 | 2 | |
| Dividends paid | 2 | 2 | 2 | 2 |
| 28 | 9 | 0 | 1 | |
| 2 | 1 | 2 | 1 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- –
- 11.4×
- –
- 0.6×
- 2.0×
- -15.9%
- 1.0%
Profitability
- -32.0%
- -0.6%
- 1.4%
- -9.2%
- -0.6%
Growth
- −1.2%
- –
- +0.0%
- −3.1%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 10%of 767
Bottom 6%of 605
Bottom 20%of 882
Bottom 35%of 932
What analysts expect
- Average price target
- $26.50
- Range
- $24.00 – $29.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | 0.29 | 0.08 | +262.5% |
| Jan 29, 2026 | 0.64 | 0.59 | +8.5% |
| Oct 22, 2025 | -1.43 | 0.66 | −316.7% |
| Jul 23, 2025 | 0.02 | 0.33 | −93.9% |
| Apr 23, 2025 | 0.11 | 0.75 | −85.3% |
| Jan 22, 2025 | 0.41 | 0.92 | −55.4% |
| Oct 23, 2024 | 0.80 | 0.84 | −4.8% |
| Jul 24, 2024 | 0.67 | 0.71 | −5.6% |
1.0%of the share price, paid each year
On $1,000 invested$10a year at today's yield, before tax
+0.0%2020 to 2025
Raised–not every year
Paid per share, each year
$0.24 in 2015 → $0.24 in 2025
How safe it looks
-6.2% of its profit
Room to growStretchedMore than it earns: 94.0%
News
I’m 17 and will be a first-generation college student. Is law school worth being $200,000 in debt?MarketWatch · Nov 12, 2026Trump administration is hiring debt collectors to go after defaulted student-loan borrowers for first time in 6 yearsMarketWatch · Nov 12, 2026Colette Kress Joined Nvidia in 2013 When It Made $4 Billion a Year. She Now Runs a Company That Made $216 Billion, and Her First Job Is Stopping the SlideYahoo Finance · Nov 12, 2026FPT Becomes the World’s First Microsoft Partner to Earn Frontier Advanced SpecializationYahoo Finance · Nov 12, 2026Cloudforce Named 2026 Microsoft Education Partner of the Year, the First Company Ever to Win the Award TwiceYahoo Finance · Nov 11, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
15No pass
Benjamin Graham
46No pass
Philip Fisher
27No pass
Peter Lynch
19No pass
Joel Greenblatt
0No pass
Charlie Munger
23No pass
Terry Smith
15No pass
Questions about First Internet Bancorp
Is First Internet Bancorp a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the First Internet Bancorp AI analysis
What does First Internet Bancorp do?
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial and retail banking products and services to individuals and commercial customers in the United States. It is in Banks - Regional.
Does First Internet Bancorp pay a dividend?
Yes. At today's price the dividend is 1.0% a year. In 2025 it paid out $2.09 million in dividends.
Is First Internet Bancorp stock halal?
No. First Internet Bancorp does not pass our halal screen: its main business, banking, is not permitted. How we check
How has First Internet Bancorp stock done over the past year?
Up 39.6% over the past twelve months, to $25.40. It traded between $17.26 and $29.94 and is 15.2% below its high.
Who are First Internet Bancorp's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with First Internet Bancorp's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.