First Internet Bancorp (FRA:45H) Market Cap: €213.5 Mil (As of Jul. 01, 2026)


FRA:45H First Internet Bancorp FRA:45H
58 GF Score
Price €23.00
GF Value €21.95
! 7 Warning Signs
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What is First Internet Bancorp Market Cap?

First Internet Bancorp FRA:45H +2.68% 58 Market Cap is €213.5 Mil as of Jul. 01, 2026. GuruFocus rates FRA:45H with a GF Score™ of 58/100 and a GF Value™ of €21.95. The stock has 7 warning signs investors should review. Among 1,545 Banks companies, First Internet Bancorp ranks worse than 66.54% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). First Internet Bancorp's share price for the quarter that ended in Mar. 2026 was €17.3. First Internet Bancorp's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 8.7 Mil. Therefore, First Internet Bancorp's market cap for the quarter that ended in Mar. 2026 was €150.8 Mil.

First Internet Bancorp's quarterly market cap declined from Sep. 2025 (€169.0 Mil) to Dec. 2025 (€147.7 Mil) but then increased from Dec. 2025 (€147.7 Mil) to Mar. 2026 (€150.8 Mil).

First Internet Bancorp's annual market cap increased from Dec. 2023 (€191.9 Mil) to Dec. 2024 (€293.0 Mil) but then declined from Dec. 2024 (€293.0 Mil) to Dec. 2025 (€147.7 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. First Internet Bancorp's Enterprise Value for Today is €-11.6 Mil.


First Internet Bancorp  (FRA:45H) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


First Internet Bancorp Market Cap Related Terms


First Internet Bancorp Market Cap Historical Data

* Premium members only.

The historical data trend for First Internet Bancorp's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Internet Bancorp Market Cap Chart

First Internet Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 403.82 203.08 191.90 292.98 147.68

First Internet Bancorp Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 206.99 200.40 169.03 147.68 150.80

FRA:45H vs NKSH, MRBK, FBLA: Market Cap Comparison

For the Banks - Regional subindustry, First Internet Bancorp's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Internet Bancorp Market Cap vs Banks Industry

For the Banks industry and Financial Services sector, First Internet Bancorp's Market Cap distribution charts can be found below:

* The bar in red indicates where First Internet Bancorp's Market Cap falls into.


FRA:45H
58GF Score
First Internet Bancorp FRA:45H
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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First Internet Bancorp Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

First Internet Bancorp's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=€17*8.687
=€147.7

First Internet Bancorp's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=€17.3*8.717
=€150.8

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of €213.5 Mil mean?
First Internet Bancorp (FRA:45H) has a Market Cap of €213.5 Mil as of Jul. 01, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on First Internet Bancorp and its competitors. According to the industry distribution chart, First Internet Bancorp ranks #1028 out of 1545 companies in the Banks industry, placing it in the top 66.5%.
Is First Internet Bancorp's Market Cap too high?
First Internet Bancorp's current Market Cap is €213.5 Mil. Based on the distribution chart, First Internet Bancorp ranks #1028 out of 1545 companies in the Banks industry, which is below the industry midpoint. Overall, First Internet Bancorp has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does First Internet Bancorp's Market Cap compare to NKSH and MRBK?
According to the Banks industry distribution chart, First Internet Bancorp ranks #1028 out of 1545 companies for Market Cap. This places First Internet Bancorp in the lower half of its industry. The industry median Market Cap is 707.75. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Banks company?
The median Market Cap among Banks companies is 707.75, based on 1,545 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on First Internet Bancorp and its competitors. For the Banks industry, the median Market Cap is 707.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Internet Bancorp's current Market Cap is €213.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Internet Bancorp stock overvalued right now?
First Internet Bancorp (FRA:45H) has a current Market Cap of €213.5 Mil. The stock's GF Value™ is €21.95, compared to a current price of €23.00 — trading 4.8% above its estimated fair value. The current Market Cap is €213.5 Mil. First Internet Bancorp's overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For First Internet Bancorp (FRA:45H), the current Market Cap is €213.5 Mil as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Internet Bancorp (FRA:45H) Overvalued in 2026?

Based on GuruFocus' analysis, First Internet Bancorp stock appears to be overvalued. The current stock price of €23.00 is trading 4.8% above its estimated GF Value™ of €21.95.

Key valuation signals for FRA:45H:

  • Market Cap: €213.5 Mil
  • GF Value™: €21.95 vs. price of €23.00 (4.8% above fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the FRA:45H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Internet Bancorp Business Description

Other Exchanges INBK:USA
Address 8701 East 116th Street, Fishers, IN, USA, 46038
First Internet Bancorp is a bank holding company. Through its subsidiaries, it provides commercial real estate (CRE) lending, including nationwide single tenant lease financing and commercial and industrial (C&I) lending, including business banking or treasury management services. The company offers its products and services through the internet and does not have any branches. With operations organized into a single segment called the Commercial Banking segment, it also provides retail banking services.
58GF Score

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Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€23.00
Price
€21.95
GF Value