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First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides online commercial and retail banking services in the United States.View INBK key stats
First Internet Bancorp - INBK - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates First Internet Bancorp as a
Buy with a ratings score of B-.
Report Snippet: We rate FIRST INTERNET BANCORP (INBK) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.