INBK First Internet Bancorp PE ratio, current and historical analysis
As of Nov 21, 2024, the INBK stock has a PE ratio of 16.04. The calculation is based on the latest EPS of $2.54 and the stock price of $40.75 per share. A decrease of 8% has been observed in the PE ratio compared to its average of 17.5 of the last four quarters.
INBK PE ratio history
The mean historical PE ratio of First Internet Bancorp over the last ten years is 11.67. The current 16.04 P/E ratio is 37% higher 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.
First Internet Bancorp PE ratio by year
Maximum annual increase: 291.09% in 2023
Maximum annual decrease: -50.36% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 25.46 | 291.09% |
| 2022 | 6.51 | -32.89% |
| 2021 | 9.7 | 0.94% |
| 2020 | 9.61 | 1.69% |
| 2019 | 9.45 | 6.78% |
| 2018 | 8.85 | -50.36% |
| 2017 | 17.83 | 29.3% |
| 2016 | 13.79 | -5.29% |
| 2015 | 14.56 | -16.51% |
| 2014 | 17.44 | 17.05% |
INBK average PE ratio chart
The current PE ratio of INBK is higher than its 3, 5 and 10-year averages.
INBK PE vs peers
In comparison to its peers BAC and PNC, INBK's PE ratio is lower, but it is higher than WFC's and FFBC's. First Internet Bancorp's PE ratio is trading above the peer average of 15.05.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FFBC First Financial Bancorp | 12.55 | $2.8B |
| TBBK Bancorp Inc | 13.98 | $2.68B |
| FRME First Merchants Corp | 14.37 | $2.55B |
| WFC Wells Fargo & Company | 15.33 | $249.15B |
| INBK First Internet Bancorp | 16.04 | $353.22M |
| BAC Bank Of America Corp | 16.71 | $356.48B |
| PNC Pnc Financial Services Group Inc | 17.38 | $81.64B |
| EVER EverQuote Inc | 49.64 | $684.4M |
| KEY Keycorp | 1,922 | $19.05B |
Frequently asked questions
What is First Internet Bancorp's PE ratio?
The price to earnings ratio for INBK stock as of Nov 21, 2024, stands at 16.04.
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 11.72.
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 10.13.
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 37% above its 10-year historical average.
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 (Nov 21, 2024), First Internet Bancorp's share price is $40.75. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.54. Therefore, First Internet Bancorp's PE ratio for today is 16.04. PE RATIO(16.04) = STOCK PRICE($40.75) / TTM EPS($2.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.