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.
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.
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 |
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 |
The current PE ratio of INBK is lower than its 3, 5 and 10-year averages.
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 |
The price to earnings ratio for INBK stock as of Apr 1, 2025, stands at 9.27.
The 3-year average price to earnings ratio for INBK stock is 12.23.
The 5-year average price to earnings ratio for INBK stock is 10.48.
The highest quarterly PE ratio in the last ten years has been 25.46 and it was in the Dec 2023 quarter.
INBK's current price to earnings ratio is 19% below its 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
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.