INBK First Internet Bancorp PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: INBK
- PE Ratio
As of Jun 3, 2025, the INBK stock has a PE ratio of 9.81. The calculation is based on the latest EPS of $2.42 and the stock price of $23.73 per share. A decrease of 21% has been observed in the PE ratio compared to its average of 12.4 of the last four quarters.
INBK PE ratio history
The mean historical PE ratio of First Internet Bancorp over the last ten years is 11.46. The current 9.81 P/E ratio is 14% 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.
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 |
|---|---|---|---|---|
| Mar 2025 | 11.07 | -10.51% | $26.78 | $2.42 |
| 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 |
INBK Price vs fair value
INBK average PE ratio chart
The current PE ratio of INBK is lower than its 3, 5 and 10-year averages.
INBK PE vs 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 13.3.
| Stock name | PE ratio | Market cap |
|---|---|---|
| INBK First Internet Bancorp | 9.48 | $199.51M |
| FFBC First Financial Bancorp | 9.69 | $2.25B |
| FRME First Merchants Corp | 10.31 | $2.15B |
| TBBK Bancorp Inc | 11.16 | $2.34B |
| PNC Pnc Financial Services Group Inc | 12.33 | $69.17B |
| BAC Bank Of America Corp | 13.09 | $334.11B |
| WFC Wells Fargo & Company | 13.39 | $245.3B |
| EVER EverQuote Inc | 22.34 | $872.46M |
| KEY Keycorp | N/A | $17.43B |
Frequently asked questions
What is First Internet Bancorp's PE ratio?
The price to earnings ratio for INBK stock as of Jun 3, 2025, stands at 9.81.
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 12.13.
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 10.51.
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 14% 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 (Jun 3, 2025), First Internet Bancorp's share price is $23.73. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $2.42. Therefore, First Internet Bancorp's PE ratio for today is 9.81. PE RATIO(9.81) = STOCK PRICE($23.73) / TTM EPS($2.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.