First Internet Bancorp (First Internet Bancorp) GF Value Rank : 5 (As of Apr. 29, 2024)

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What is First Internet Bancorp GF Value Rank?

First Internet Bancorp has the GF Value Rank of 5.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of First Internet Bancorp's GF Value Rank

For the Banks - Regional subindustry, First Internet Bancorp's GF Value Rank, along with its competitors' market caps and GF Value Rank 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's GF Value Rank Distribution in the Banks Industry

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

* The bar in red indicates where First Internet Bancorp's GF Value Rank falls into.

First Internet Bancorp GF Value Rank Related Terms

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First Internet Bancorp (First Internet Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Internet Bancorp (NAS:INBK) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

45H:Germany

Address

8701 E. 116th Street, Fishers, IN, USA, 46038

Website

https://www.firstinternetbancorp.com

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/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.

Executives

Joseph A. Fenech	director	8701 E. 116TH STREET, FISHERS IN 46038
Justin P. Christian	director	11201 USA PARKWAY, FISHERS IN 46037
David B Becker	director, officer: CEO, President, Chairman	8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Aasif M. Bade	director	11201 USA PARKWAY, FISHERS IN 46037
Nicole S. Lorch	officer: SVP, Retail Banking	8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Keach John K Jr	director	C/O HOME FEDERAL BANCORP, 501 WASHINGTON STREET, COLUMBUS IN 47201
Ann C. Dee	director	600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Jerry L. Williams	director	8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Michael L Smith	director	C/O AGILON HEALTH, INC., 6210 E HWY 290, SUITE 450, AUSTIN TX 78723
Ana Dutra	director	C/O KORN/FERRY INTERNATIONAL, 1900 AVENUE OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
C. Charles Perfetti	officer: Senior Vice President	8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Kenneth J. Lovik	officer: Sr. Vice President and CFO	8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Ann D. Murtlow	director	C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Jean L Wojtowicz	director	C/O VECTREN CORP, 20 NW FOURTH STREET, EVANVILLE IN 47711
David R. Lovejoy	director, other: Vice Chairman of the Board	8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240