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First Internet Bancorp
Previous close
$41.91
Day range
$41.27 - $42.57
Year range
$21.19 - $43.26
Market cap
360.41M USD
Avg Volume
31.12K
P/E ratio
16.56
Dividend yield
0.57%
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 30.40M | 33.12% |
Operating expense | 21.58M | 15.44% |
Net income | 6.99M | 105.05% |
Net profit margin | 22.99 | 53.99% |
Earnings per share | 0.80 | 105.13% |
EBITDA | — | — |
Effective tax rate | 8.15% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 715.26M | 34.90% |
Total assets | 5.82B | 12.66% |
Total liabilities | 5.44B | 12.79% |
Total equity | 385.13M | — |
Shares outstanding | 8.67M | — |
Price to book | 0.94 | — |
Return on assets | 0.50% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 6.99M | 105.05% |
Cash from operations | 331.00K | -92.16% |
Cash from investing | -147.90M | 15.82% |
Cash from financing | 463.26M | 104.04% |
Net change in cash | 315.69M | 468.06% |
Free cash flow | — | — |
About
First Internet Bank of Indiana is the sole subsidiary of First Internet Bancorp, an American bank holding company headquartered in Fishers, Indiana. It was established as one of the first state-chartered banks to operate exclusively online and via telephone, without any physical branches.
Founded in 1997 by David B. Becker, the bank was incorporated on October 28, 1998, and began operations on February 22, 1999. Specializing in online retail banking and securities investment, it offers a range of financial products including interest-bearing checking accounts, savings accounts, certificates of deposit, individual retirement accounts, credit cards, personal lines of credit, and installment loans.
Privately capitalized with over 300 individual and corporate investors, First Internet Bank became a wholly owned subsidiary of First Internet Bancorp following a Plan of Exchange completed on March 21, 2006. Wikipedia
Founded
1997
Headquarters
Website
Employees
289