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Upturn AI SWOT - About
INBK 
First Internet Bancorp (INBK)
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Upturn Advisory Summary
07/11/2025: INBK (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
5 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $29.6
1 Year Target Price $29.6
| 2 | Strong Buy |
| 0 | Buy |
| 3 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 92.01% | Avg. Invested days 49 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 07/11/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 239.95M USD | Price to earnings Ratio 11.5 | 1Y Target Price 29.6 |
Price to earnings Ratio 11.5 | 1Y Target Price 29.6 | ||
Volume (30-day avg) 5 | Beta 0.71 | 52 Weeks Range 19.50 - 43.00 | Updated Date 07/13/2025 |
52 Weeks Range 19.50 - 43.00 | Updated Date 07/13/2025 | ||
Dividends yield (FY) 0.89% | Basic EPS (TTM) 2.4 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 18.36% | Operating Margin (TTM) 6.07% |
Management Effectiveness
Return on Assets (TTM) 0.38% | Return on Equity (TTM) 5.58% |
Valuation
Trailing PE 11.5 | Forward PE 8.45 | Enterprise Value 339417600 | Price to Sales(TTM) 2.09 |
Enterprise Value 339417600 | Price to Sales(TTM) 2.09 | ||
Enterprise Value to Revenue 5.47 | Enterprise Value to EBITDA - | Shares Outstanding 8697080 | Shares Floating 8046108 |
Shares Outstanding 8697080 | Shares Floating 8046108 | ||
Percent Insiders 7.68 | Percent Institutions 76.35 |
Upturn AI SWOT
First Internet Bancorp
Company Overview
History and Background
First Internet Bancorp was founded in 1999 as the first state-chartered, FDIC-insured institution to operate solely online. It has grown through organic growth and strategic acquisitions, focusing on commercial real estate, small business lending, and consumer banking.
Core Business Areas
- Commercial Real Estate Lending: Provides financing solutions for commercial real estate projects, including construction, bridge, and permanent loans.
- Small Business Administration (SBA) Lending: Offers SBA loans to small businesses for various purposes, such as working capital, equipment purchases, and real estate acquisitions.
- Consumer Banking: Provides online banking services to consumers, including checking accounts, savings accounts, and certificates of deposit.
- Commercial Finance: Offer a variety of financial products and services to businesses, including asset-based lending, factoring, and equipment financing.
Leadership and Structure
David Becker is the Chairman and CEO. The organizational structure includes various executive vice presidents overseeing key business lines and support functions. The company has a board of directors that provides oversight and guidance.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Offers various commercial real estate loans. Market share data is not readily available but competes with larger national and regional banks. Competitors include JPMorgan Chase (JPM), Bank of America (BAC), and regional banks like KeyCorp (KEY).
- SBA Loans: Offers 7(a) and 504 SBA loans to small businesses. Competes with other SBA lenders such as Live Oak Bancshares (LOB) and regional banks. Market share data specific to First Internet Bancorp's SBA lending is not publicly available.
- High-Yield Savings Accounts: Offer highly competitive rates on high-yield savings accounts to attract deposits. Competitors include Ally Financial (ALLY) and Capital One (COF). Market share data is fragmented and not easily accessible.
- Commercial Finance: Offer a variety of commercial finance solutions to businesses, including asset-based lending, factoring, and equipment financing. Competitors include Wells Fargo (WFC) and Bank of America (BAC).
Market Dynamics
Industry Overview
The banking industry is undergoing rapid digital transformation, with increasing competition from fintech companies and evolving customer expectations. Interest rate fluctuations and regulatory changes also impact the industry. Community and regional banks compete based on personalized service and local market knowledge.
Positioning
First Internet Bancorp is positioned as a technology-driven bank focused on niche lending segments and online banking. Its competitive advantages include its low overhead due to its online-only model and its expertise in SBA and commercial real estate lending.
Total Addressable Market (TAM)
The total addressable market for online banking and niche lending is substantial, estimated in the trillions of dollars. First Internet Bancorp is positioned to capture a small but growing share of this TAM through its focused strategy.
Upturn SWOT Analysis
Strengths
- Online-only business model (lower overhead)
- Expertise in SBA and commercial real estate lending
- Strong deposit growth
- Good asset quality
- Efficient operations
Weaknesses
- Lack of physical branch network
- Reliance on interest rate environment
- Geographic concentration in the Midwest
- Smaller size compared to larger competitors
- Dependence on specific lending niches
Opportunities
- Expansion into new geographic markets
- Increased adoption of online banking
- Growth in SBA lending volumes
- Strategic acquisitions to expand product offerings
- Leveraging technology for enhanced customer experience
Threats
- Rising interest rates
- Increased competition from fintech companies
- Regulatory changes
- Economic downturn impacting loan demand
- Cybersecurity risks
Competitors and Market Share
Key Competitors
- ALLY
- LOB
- WAL
- BAC
- JPM
Competitive Landscape
First Internet Bancorp benefits from a low-cost operating model through its branchless strategy but operates at a significant disadvantage compared to large players in terms of brand recognition and capital resources.
Growth Trajectory and Initiatives
Historical Growth: First Internet Bancorp has experienced steady growth in its loan portfolio and deposit base over the past few years, driven by its online-only model and focus on niche lending markets. Specific numbers unavailable.
Future Projections: Analyst estimates project continued growth in earnings and assets, driven by expansion into new markets and increased lending activity. Specific numbers unavailable.
Recent Initiatives: Recent initiatives include investments in technology to enhance the customer experience and expansion of its commercial finance division.
Summary
First Internet Bancorp is a niche digital bank that is performing relatively well, with the low overhead inherent in the branchless model driving growth. It should capitalize on niche segments and further expand its product line. The company must focus on managing potential interest rate risks and competitive pressure. Continued investment in cybersecurity and digital infrastructure is key to success.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Analyst Reports
- FDIC Data
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Internet Bancorp
Exchange NASDAQ | Headquaters Fishers, IN, United States | ||
IPO Launch date 2004-12-28 | Chairman & CEO Mr. David B. Becker | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 323 | |
Full time employees 323 | |||
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, public and healthcare finance, small business lending, 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.
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