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Upturn AI SWOT - About
INBK 
First Internet Bancorp (INBK)
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Upturn Advisory Summary
09/17/2025: INBK (1-star) is currently NOT-A-BUY. Pass it for now.
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 $28.4
1 Year Target Price $28.4
| 2 | Strong Buy |
| 0 | Buy |
| 3 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 61.74% | Avg. Invested days 51 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/17/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 207.89M USD | Price to earnings Ratio 13.56 | 1Y Target Price 28.4 |
Price to earnings Ratio 13.56 | 1Y Target Price 28.4 | ||
Volume (30-day avg) 5 | Beta 0.81 | 52 Weeks Range 19.50 - 43.00 | Updated Date 09/17/2025 |
52 Weeks Range 19.50 - 43.00 | Updated Date 09/17/2025 | ||
Dividends yield (FY) 0.99% | Basic EPS (TTM) 1.76 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 14.55% | Operating Margin (TTM) -1.49% |
Management Effectiveness
Return on Assets (TTM) 0.27% | Return on Equity (TTM) 4.06% |
Valuation
Trailing PE 13.56 | Forward PE 8.45 | Enterprise Value 131340424 | Price to Sales(TTM) 1.96 |
Enterprise Value 131340424 | Price to Sales(TTM) 1.96 | ||
Enterprise Value to Revenue 4.25 | Enterprise Value to EBITDA - | Shares Outstanding 8713090 | Shares Floating 8062139 |
Shares Outstanding 8713090 | Shares Floating 8062139 | ||
Percent Insiders 7.67 | Percent Institutions 76.95 |
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 exclusively online. It has grown organically and through strategic acquisitions, focusing on providing digital banking solutions nationwide.
Core Business Areas
- Commercial Banking: Offers a range of lending and deposit products to small and medium-sized businesses, including commercial real estate loans, equipment financing, and working capital lines of credit.
- Consumer Banking: Provides online savings accounts, certificates of deposit (CDs), and residential mortgage loans to consumers nationwide.
- Small Business Administration (SBA) Lending: Specializes in providing SBA loans to small businesses, supporting their growth and expansion.
Leadership and Structure
David Becker is the Chairman and CEO. The organizational structure includes departments for commercial banking, consumer banking, technology, finance, and compliance, with a board of directors providing oversight.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Offers financing for commercial real estate projects. The market share is difficult to pinpoint precisely, but it competes with larger national banks like JPMorgan Chase (JPM) and regional banks. Revenue from commercial real estate loans forms a significant portion of FIBK's interest income.
- SBA 7(a) Loans: Provides SBA-guaranteed loans to small businesses. FIBK is a top SBA lender. Competitors include Live Oak Bancshares (LOB) and other community banks focused on SBA lending. Loan origination fees from these loans contribute significantly to revenue.
- Online Savings Accounts: Offers high-yield online savings accounts to consumers. Competitors include Ally Financial (ALLY) and Capital One (COF). Deposits from these accounts are a key funding source.
Market Dynamics
Industry Overview
The banking industry is currently facing increased competition from fintech companies, rising interest rates, and regulatory changes. The industry is trending towards greater digitalization and customer expectations for seamless online experiences.
Positioning
First Internet Bancorp is positioned as a technology-driven bank focused on niche markets like SBA lending and commercial real estate, leveraging its online platform to offer competitive rates and efficient service. Its competitive advantage lies in its digital-first approach and specialized expertise.
Total Addressable Market (TAM)
The total addressable market for online banking and SBA lending is substantial, estimated at hundreds of billions of dollars. First Internet Bancorp is well-positioned to capture a share of this market through its specialized services and digital platform.
Upturn SWOT Analysis
Strengths
- Digital-first business model
- Expertise in SBA lending
- Strong capital position
- National reach
- Experienced management team
Weaknesses
- Lack of physical branches
- Higher reliance on interest rate spread
- Limited brand recognition compared to larger banks
- Concentration risk in certain loan portfolios
Opportunities
- Expansion into new niche markets
- Strategic partnerships with fintech companies
- Increased adoption of digital banking
- Organic growth in target markets
- Potential acquisitions of smaller banks
Threats
- Rising interest rates
- Increased competition from fintech companies
- Regulatory changes
- Economic downturn
- Cybersecurity risks
Competitors and Market Share
Key Competitors
- ALLY
- COF
- LOB
- JPM
Competitive Landscape
First Internet Bancorp faces intense competition from larger national banks and fintech companies. Its advantages include its digital-first approach and specialized expertise, while its disadvantages include its limited brand recognition and lack of physical branches.
Major Acquisitions
acquired company data unavailable
- Year: 0
- Acquisition Price (USD millions): 0
- Strategic Rationale: Strategic reasons behind the acquisition are unkown.
Growth Trajectory and Initiatives
Historical Growth: First Internet Bancorp has experienced steady growth in assets, loans, and deposits over the past several years, driven by its digital-first strategy and focus on niche markets.
Future Projections: Future growth projections for First Internet Bancorp depend on various factors, including interest rate movements, economic conditions, and the company's ability to execute its strategic initiatives. Analysts generally project continued growth in loans and deposits.
Recent Initiatives: Recent strategic initiatives include investments in technology to enhance its digital platform, expansion into new markets, and efforts to diversify its loan portfolio.
Summary
First Internet Bancorp operates as a digital bank focusing on SBA lending and commercial real estate. Its strengths lie in its technology-driven platform and niche market expertise. However, it faces competition from larger banks and fintech companies. FIBK's growth hinges on its ability to execute its digital strategy and manage interest rate risk. Monitoring economic conditions and regulatory changes will also be crucial.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Market Research Reports
- Financial News Outlets
- Analysts Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly, and past performance is not indicative of future results. The AI-based rating is a subjective assessment based on available information and should not be the sole basis for investment decisions. Consult with a qualified financial advisor before making any investment decisions.
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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