First Historical Income Statement

INBK Stock

USD 40.87 0.25 0.61%

Historical analysis of First Internet income statement accounts such as Selling General Administrative of 51.7 M or Selling And Marketing Expenses of 1.6 M can show how well First Internet Bancorp performed in making a profits. Evaluating First Internet income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Internet's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining First Internet Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Internet Bancorp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About First Income Statement Analysis

First Internet Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Internet shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Internet Income Statement Chart

At this time, First Internet's Net Income Applicable To Common Shares is quite stable compared to the past year. Reconciled Depreciation is expected to rise to about 7.7 M this year, although the value of Total Revenue will most likely fall to about 51 M.

Depreciation And Amortization Selling General Administrative Selling And Marketing Expenses Gross Profit

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of First Internet Bancorp minus its cost of goods sold. It is profit before First Internet operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from First Internet's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Internet Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Internet Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

	2021	2022	2023	2024 (projected)
Interest Expense	47.3M	59.8M	164.5M	172.8M
Depreciation And Amortization	8.8M	8.7M	5.7M	3.6M

Interest Expense Depreciation And Amortization

First Internet income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Cost Of Revenue	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.46	0.1	0.79	0.96	0.96	0.67	0.78	0.75	0.82	0.77	0.85	0.33	0.9	0.35	-0.14	0.9	-0.01	0.89	0.8	0.76	0.09
Interest Expense	0.46		0.9	0.3	0.47	0.47	0.91	0.02	-0.06	0.05	0.85	0.02	-0.04	0.24	-0.57	-0.32	0.21	-0.82	0.66	0.84	0.38	0.83
Selling General Administrative	0.1	0.9		0.12	0.17	0.17	0.78	-0.25	-0.33	-0.25	0.65	-0.29	-0.11	-0.09	-0.71	-0.32	-0.12	-0.83	0.41	0.6	0.09	0.94
Selling And Marketing Expenses	0.79	0.3	0.12		0.85	0.85	0.61	0.64	0.62	0.67	0.69	0.72	0.58	0.74	0.37	0.02	0.73	0.07	0.8	0.63	0.51	0.14
Total Revenue	0.96	0.47	0.17	0.85		1.0	0.72	0.8	0.77	0.83	0.81	0.85	0.34	0.91	0.33	-0.21	0.92	-0.01	0.93	0.82	0.76	0.18
Gross Profit	0.96	0.47	0.17	0.85	1.0		0.72	0.8	0.77	0.83	0.81	0.85	0.34	0.91	0.33	-0.21	0.92	-0.01	0.93	0.82	0.76	0.18
Other Operating Expenses	0.67	0.91	0.78	0.61	0.72	0.72		0.28	0.2	0.31	0.98	0.32	0.22	0.5	-0.27	-0.32	0.47	-0.6	0.85	0.89	0.57	0.7
Operating Income	0.78	0.02	-0.25	0.64	0.8	0.8	0.28		1.0	1.0	0.37	0.95	0.14	0.93	0.63	-0.1	0.94	0.43	0.68	0.42	0.76	-0.3
Ebit	0.75	-0.06	-0.33	0.62	0.77	0.77	0.2	1.0		0.99	0.3	0.95	0.15	0.91	0.68	-0.07	0.93	0.49	0.62	0.35	0.73	-0.38
Ebitda	0.82	0.05	-0.25	0.67	0.83	0.83	0.31	1.0	0.99		0.41	0.97	0.18	0.95	0.64	-0.09	0.96	0.41	0.7	0.45	0.78	-0.3
Total Operating Expenses	0.77	0.85	0.65	0.69	0.81	0.81	0.98	0.37	0.3	0.41		0.45	0.32	0.61	-0.13	-0.29	0.58	-0.49	0.89	0.89	0.64	0.59
Income Before Tax	0.85	0.02	-0.29	0.72	0.85	0.85	0.32	0.95	0.95	0.97	0.45		0.34	0.97	0.7	-0.06	0.97	0.44	0.69	0.44	0.77	-0.33
Total Other Income Expense Net	0.33	-0.04	-0.11	0.58	0.34	0.34	0.22	0.14	0.15	0.18	0.32	0.34		0.29	0.4	-0.05	0.25	0.18	0.17	0.09	0.17	-0.1
Net Income	0.9	0.24	-0.09	0.74	0.91	0.91	0.5	0.93	0.91	0.95	0.61	0.97	0.29		0.52	-0.15	1.0	0.23	0.82	0.58	0.87	-0.16
Income Tax Expense	0.35	-0.57	-0.71	0.37	0.33	0.33	-0.27	0.63	0.68	0.64	-0.13	0.7	0.4	0.52		0.23	0.53	0.89	0.07	-0.22	0.24	-0.7
Cost Of Revenue	-0.14	-0.32	-0.32	0.02	-0.21	-0.21	-0.32	-0.1	-0.07	-0.09	-0.29	-0.06	-0.05	-0.15	0.23		-0.15	0.18	-0.23	-0.28	-0.47	-0.29
Net Income From Continuing Ops	0.9	0.21	-0.12	0.73	0.92	0.92	0.47	0.94	0.93	0.96	0.58	0.97	0.25	1.0	0.53	-0.15		0.25	0.81	0.59	0.84	-0.16
Tax Provision	-0.01	-0.82	-0.83	0.07	-0.01	-0.01	-0.6	0.43	0.49	0.41	-0.49	0.44	0.18	0.23	0.89	0.18	0.25		-0.24	-0.53	0.02	-0.8
Net Interest Income	0.89	0.66	0.41	0.8	0.93	0.93	0.85	0.68	0.62	0.7	0.89	0.69	0.17	0.82	0.07	-0.23	0.81	-0.24		0.89	0.78	0.36
Interest Income	0.8	0.84	0.6	0.63	0.82	0.82	0.89	0.42	0.35	0.45	0.89	0.44	0.09	0.58	-0.22	-0.28	0.59	-0.53	0.89		0.56	0.63
Reconciled Depreciation	0.76	0.38	0.09	0.51	0.76	0.76	0.57	0.76	0.73	0.78	0.64	0.77	0.17	0.87	0.24	-0.47	0.84	0.02	0.78	0.56		-0.08
Extraordinary Items	0.09	0.83	0.94	0.14	0.18	0.18	0.7	-0.3	-0.38	-0.3	0.59	-0.33	-0.1	-0.16	-0.7	-0.29	-0.16	-0.8	0.36	0.63	-0.08

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First Internet Account Relationship Matchups

First Internet income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	7.7M	7.8M	8.8M	8.7M	5.7M	3.6M
Interest Expense	84.4M	72.3M	47.3M	59.8M	164.5M	172.8M
Selling General Administrative	5.0M	5.0M	5.7M	6.8M	49.2M	51.7M
Selling And Marketing Expenses	1.8M	1.7M	3.3M	3.6M	2.6M	1.6M
Total Revenue	73.8M	91.6M	118.4M	113.4M	84.4M	51.0M
Gross Profit	73.8M	91.6M	118.4M	113.4M	84.4M	51.0M
Other Operating Expenses	46.6M	57.7M	61.8M	73.3M	95.3M	100.1M
Operating Income	27.2M	33.9M	56.6M	40.1M	8.8M	8.4M
Ebit	27.2M	33.9M	56.6M	40.1M	4.9M	4.7M
Ebitda	34.8M	41.7M	65.3M	48.8M	10.7M	10.2M
Total Operating Expenses	46.6M	57.7M	61.8M	73.3M	79.4M	83.4M
Income Before Tax	27.2M	33.9M	56.6M	40.1M	4.9M	4.7M
Total Other Income Expense Net	(1.9M)	(3.9M)	(1.2M)	(1.2M)	(3.9M)	(4.1M)
Net Income	25.2M	29.5M	48.1M	35.5M	8.4M	13.6M
Income Tax Expense	1.9M	4.4M	8.5M	4.6M	(3.5M)	(3.3M)
Net Income Applicable To Common Shares	25.2M	29.5M	48.1M	35.5M	40.9M	42.9M
Net Income From Continuing Ops	25.2M	29.5M	48.1M	35.5M	10.6M	10.1M
Tax Provision	1.9M	4.4M	8.5M	4.6M	(2.4M)	(2.3M)
Net Interest Income	63.0M	64.5M	86.6M	97.1M	76.8M	70.2M
Interest Income	147.4M	136.9M	133.9M	156.9M	218.8M	133.8M
Reconciled Depreciation	7.7M	7.8M	8.8M	8.7M	5.0M	7.7M

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When determining whether First Internet Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Internet's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Internet Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Internet Bancorp Stock:

How To Invest In First

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Is First Stock a good investment?

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What is First Internet's Net Worth?

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You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Internet. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Internet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.052

Dividend Share

0.24

Earnings Share

2.52

Revenue Per Share

12.546

Quarterly Revenue Growth

0.331

The market value of First Internet Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Internet's value that differs from its market value or its book value, called intrinsic value, which is First Internet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Internet's market value can be influenced by many factors that don't directly affect First Internet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between First Internet's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Internet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Internet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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First Historical Income Statement

About First Income Statement Analysis

First Internet Income Statement Chart

Depreciation And Amortization

Gross Profit

First Internet income statement Correlations

First Internet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Internet income statement Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

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Gross Profit	+ 1.0	Total Revenue
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Net Income From Continuing Ops	+ 1.0	Net Income
Ebitda	+ 0.99	Ebit
Total Operating Expenses	+ 0.98	Other Operating Expenses

Tax Provision	- 0.83	Selling General Administrative
Tax Provision	- 0.82	Interest Expense
Extraordinary Items	- 0.8	Tax Provision
Income Tax Expense	- 0.71	Selling General Administrative
Extraordinary Items	- 0.7	Income Tax Expense
Tax Provision	- 0.6	Other Operating Expenses