INBK First Internet Bancorp PE ratio, current and historical analysis

As of Apr 1, 2025, the INBK stock has a PE ratio of 9.27. The calculation is based on the latest EPS of $2.91 and the stock price of $26.97 per share. A decrease of 35% has been observed in the PE ratio compared to its average of 14.2 of the last four quarters.

INBK PE ratio history

How has INBK's PE ratio performed in the past

The mean historical PE ratio of First Internet Bancorp over the last ten years is 11.47. The current 9.27 P/E ratio is 19% lower than the historical average. Looking back at the last ten years, INBK's PE ratio peaked in the Dec 2023 quarter at 25.46, with a price of $24.19 and an EPS of $0.95. The Sep 2020 quarter marked the lowest point at 5.67, with a price of $14.73 and an EPS of $2.6.

Today
9.27
Average
11.47
Median
10.69
Minimum
5.67
Maximum
25.46

First Internet Bancorp PE ratio by year

Maximum annual increase: 291.09% in 2023

Maximum annual decrease: -51.41% in 2024

Year PE ratio PE change Price EPS
2024 12.37 -51.41% $35.99 $2.91
2023 25.46 291.09% $24.19 $0.95
2022 6.51 -32.89% $24.28 $3.73
2021 9.7 0.94% $47.04 $4.85
2020 9.61 1.69% $28.74 $2.99
2019 9.45 6.78% $23.71 $2.51
2018 8.85 -50.36% $20.44 $2.31
2017 17.83 29.3% $38.15 $2.14
2016 13.79 -5.29% $32 $2.32
2015 14.56 -16.51% $28.69 $1.97
2014 17.44 17.05% $16.74 $0.96
2013 14.9 107.52% $22.5 $1.51
2012 7.18 27.76% $14 $1.95
2011 5.62 33.49% $6.23 $1.11
2010 4.21 N/A $7.33 $1.74

First Internet Bancorp PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 12.37 -8.3% $35.99 $2.91
Sep 2024 13.49 6.3% $34.26 $2.54
Jun 2024 12.69 -30.58% $27.02 $2.13
Mar 2024 18.28 -28.2% $34.74 $1.9
Dec 2023 25.46 86.93% $24.19 $0.95
Sep 2023 13.62 54.95% $16.21 $1.19
Jun 2023 8.79 18.3% $14.85 $1.69
Mar 2023 7.43 14.13% $16.65 $2.24
Dec 2022 6.51 -17.7% $24.28 $3.73
Sep 2022 7.91 -1% $33.86 $4.28
Jun 2022 7.99 -8.27% $36.82 $4.61
Mar 2022 8.71 -10.21% $43.01 $4.94
Dec 2021 9.7 46.75% $47.04 $4.85
Sep 2021 6.61 -7.03% $31.18 $4.72
Jun 2021 7.11 -30.57% $30.98 $4.36

INBK average PE ratio chart

What is the average PE ratio of INBK for the past years

The current PE ratio of INBK is lower than its 3, 5 and 10-year averages.

3-year avg
12.23
5-year avg
10.48
10-year avg
11.47
15-year avg
11.86

INBK PE vs peers

What is INBK's PE ratio compared to its peers

In comparison to its peer stocks BAC and WFC, INBK's PE ratio is lower. First Internet Bancorp's PE ratio is trading below the peer average of 12.15.

Stock name PE ratio Market cap
INBK First Internet Bancorp 9.27 $234.56M
FFBC First Financial Bancorp 10.26 $2.37B
FRME First Merchants Corp 11.75 $2.35B
TBBK Bancorp Inc 12.31 $2.57B
PNC Pnc Financial Services Group Inc 12.69 $69.11B
BAC Bank Of America Corp 12.77 $315.52B
WFC Wells Fargo & Company 13.13 $234.48B
EVER EverQuote Inc 28.87 $948.83M
KEY Keycorp N/A $17.46B

Frequently asked questions

What is First Internet Bancorp's PE ratio?

The price to earnings ratio for INBK stock as of Apr 1, 2025, stands at 9.27.

What is the 3-year average PE ratio for First Internet Bancorp (INBK)?

The 3-year average price to earnings ratio for INBK stock is 12.23.

What is the 5-year average PE ratio for First Internet Bancorp (INBK)?

The 5-year average price to earnings ratio for INBK stock is 10.48.

What is the highest PE ratio for INBK?

The highest quarterly PE ratio in the last ten years has been 25.46 and it was in the Dec 2023 quarter.

How does the current PE ratio for INBK compare to its historical average?

INBK's current price to earnings ratio is 19% below its 10-year historical average.

Why is First Internet Bancorp's PE ratio so low?

A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.

How is INBK's PE ratio calculated (First Internet Bancorp PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 1, 2025), First Internet Bancorp's share price is $26.97. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $2.91. Therefore, First Internet Bancorp's PE ratio for today is 9.27. PE RATIO(9.27) = STOCK PRICE($26.97) / TTM EPS($2.91)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.