Financials First Internet Bancorp

Equities

INBK

US3205571017

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-12-12 pm EST			5-day change	1st Jan Change
40.87 ^USD	-3.27%		-2.11%	+68.95%

Nov. 07	Tranche Update on First Internet Bancorp's Equity Buyback Plan announced on December 20, 2022.	CI
Oct. 24	First Internet Bancorp, Q3 2024 Earnings Call, Oct 24, 2024

Projected Income Statement: First Internet Bancorp

income-statement-evolution-chart FIRST-INTERNET-BANCORP

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	62.97	70.34	92.82	99.44	80.14	92.2	110.7	123.7
Change	-	11.7%	31.96%	7.13%	-19.41%	15.05%	20.09%	11.75%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	39.46	49.02	56.53	47.17	31.49	46.1	59.33	70.2
Change	-	24.24%	15.32%	-16.55%	-33.23%	46.38%	28.71%	18.31%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	27.16	33.9	56.57	40.1	4.94	29.6	44.75	58.3
Change	-	24.83%	66.89%	-29.12%	-87.68%	499.23%	51.17%	30.28%
Net income ¹	25.24	29.45	48.11	35.54	8.417	25.99	37.03	45.43
Change	-	16.7%	63.36%	-26.13%	-76.32%	208.73%	42.51%	22.68%
Announcement Date	1/22/20	1/20/21	1/19/22	1/25/23	1/24/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	15.37	16.55	15.86	17.66	20.26	21.88	23	23.08	24.85	27.06	27.06	25.27	23.05	20.96	19.49	18.64	21.04	21.92	22.5	22.9	24.88	25.63	26.4	27.9	29	30.6	30.3	31.7
Change	-	7.67%	-4.17%	11.3%	14.78%	7.97%	5.12%	0.37%	7.66%	8.9%	-0.03%	-6.59%	-8.79%	-9.09%	-6.99%	-4.36%	12.88%	4.18%	2.64%	1.76%	8.63%	3.05%	2.99%	5.68%	3.94%	5.52%	-0.98%	4.62%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	9.736	7.743	7.592	15.8	18.41	13.58	12.97	15.09	14.88	14.84	12.93	10.44	8.963	11.76	5.346	5.029	7.152	8.058	10.02	11	12.97	12.57	13.83	16.23	16.7	16.4	17.1	20.1
Change	-	-20.47%	-1.95%	108.17%	16.48%	-26.22%	-4.51%	16.34%	-1.38%	-0.32%	-12.83%	-19.27%	-14.15%	31.16%	-54.53%	-5.93%	42.22%	12.67%	24.4%	9.74%	17.88%	-3.08%	10.08%	17.35%	2.87%	-1.8%	4.27%	17.54%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	7.698	6.282	3.664	9.806	14.14	12.31	15.47	14.31	14.48	13	10.82	9.423	6.854	-3.138	3.648	3.083	3.558	5.61	5.993	7.61	9.323	9.895	10.56	12.17	12.37	13.4	14.3	17.2
Change	-	-18.39%	-41.67%	167.63%	44.25%	-12.99%	25.73%	-7.52%	1.2%	-10.24%	-16.73%	-12.94%	-27.26%	-	-	-15.49%	15.41%	57.67%	6.83%	26.98%	22.51%	6.13%	6.75%	15.24%	1.61%	8.34%	6.72%	20.28%
Net income ¹	7.096	6.019	3.932	8.411	11.09	10.45	13.1	12.09	12.48	11.21	9.545	8.436	6.351	-1.305	3.882	3.409	4.143	5.181	5.775	6.99	8.016	7.564	8.532	10.1	10.32	10.4	11.2	13.8
Change	-	-15.18%	-34.67%	113.91%	31.85%	-5.77%	25.32%	-7.68%	3.21%	-10.17%	-14.85%	-11.62%	-24.72%	-	-	-12.18%	21.53%	25.05%	11.46%	21.04%	14.68%	-5.64%	12.78%	18.39%	2.17%	0.78%	7.69%	23.21%
Announcement Date	1/22/20	4/22/20	7/22/20	10/21/20	1/20/21	4/21/21	7/21/21	10/20/21	1/19/22	4/20/22	7/20/22	10/19/22	1/25/23	4/26/23	7/26/23	10/25/23	1/24/24	4/24/24	7/24/24	10/23/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: First Internet Bancorp

balance-sheet-analysis-chart FIRST-INTERNET-BANCORP

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	1/22/20	1/20/21	1/19/22	1/25/23	1/24/24	-	-	-

Estimates

Cash Flow Forecast: First Internet Bancorp

Fiscal Period: December	2018	2019	2020	2021	2022	2023
CAPEX ¹	2.219	4.105	25.56	29.89	17.52	5.367
Change	-	84.99%	522.63%	16.95%	-41.4%	-69.36%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	3/14/19	3/12/20	3/15/21	3/15/22	3/14/23	3/13/24

¹USD in Million

Estimates

Forecast Financial Ratios: First Internet Bancorp

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	62.66%	69.69%	60.9%	47.44%	39.3%	50%	53.59%	56.73%
EBT Margin (%)	-	43.13%	48.19%	60.95%	40.33%	6.16%	32.11%	40.41%	47.12%
Net margin (%)	-	40.08%	41.87%	51.84%	35.74%	10.5%	28.18%	33.45%	36.72%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.65%	0.69%	1.14%	0.85%	0.17%	0.48%	0.63%	0.75%
ROE	-	8.52%	9.39%	13.44%	9.53%	2.35%	6.93%	9.06%	10.3%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.24
Change	-	-	0%	0%	0%	0%	0%	0%	0%
Book Value Per Share ¹	-	31.3	33.77	38.99	40.26	41.97	45.27	49.51	54.06
Change	-	-	7.89%	15.46%	3.26%	4.25%	7.85%	9.38%	9.19%
EPS ¹	-	2.51	2.99	4.82	3.7	0.95	2.974	4.218	5.127
Change	-	-	19.12%	61.2%	-23.24%	-74.32%	213.05%	41.83%	21.54%
Nbr of stocks (in thousands)	-	9,742	9,801	9,854	9,240	8,644	8,668	8,668	8,668
Announcement Date	-	1/22/20	1/20/21	1/19/22	1/25/23	1/24/24	-	-	-