GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Internet Bancorp (FRA:45H) » Definitions » 5-Year Yield-on-Cost %

First Internet Bancorp (FRA:45H) 5-Year Yield-on-Cost % : 0.88 (As of Jun. 16, 2024)


View and export this data going back to 2020. Start your Free Trial

What is First Internet Bancorp 5-Year Yield-on-Cost %?

First Internet Bancorp's yield on cost for the quarter that ended in Mar. 2024 was 0.88.


The historical rank and industry rank for First Internet Bancorp's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:45H' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.19   Med: 0.91   Max: 2.31
Current: 0.88


During the past 13 years, First Internet Bancorp's highest Yield on Cost was 2.31. The lowest was 0.19. And the median was 0.91.


FRA:45H's 5-Year Yield-on-Cost % is ranked worse than
94.65% of 1196 companies
in the Banks industry
Industry Median: 5.245 vs FRA:45H: 0.88

Competitive Comparison of First Internet Bancorp's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, First Internet Bancorp's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Internet Bancorp's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where First Internet Bancorp's 5-Year Yield-on-Cost % falls into.



First Internet Bancorp 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of First Internet Bancorp is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

First Internet Bancorp  (FRA:45H) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


First Internet Bancorp 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of First Internet Bancorp's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Internet Bancorp (FRA:45H) Business Description

Traded in Other Exchanges
Address
8701 E. 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/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.

First Internet Bancorp (FRA:45H) Headlines

No Headlines