First Internet Bancorp (INBK) Change in Net Loans (2012 - 2020)
First Internet Bancorp (INBK) posted Change in Net Loans of $17.6 million for Q2 2020, up 1248.81% on a QoQ basis from $1.3 million in Q1 2020, and down 77.85% year-over-year from $79.5 million in Q3 2019.
Analysis
First Internet Bancorp (INBK) Change in Net Loans (2012 - 2020) Analysis & Trends
First Internet Bancorp has reported Change in Net Loans for 9 years, with the latest figure at $17.6 million in Q2 2020.
- On a quarterly basis, Change in Net Loans fell 77.85% year-over-year to $17.6 million in Q2 2020; TTM through Jun 2020 was $56.7 million, a 86.32% decrease from a year earlier, with the FY2019 full-year figure at $191.1 million, down 58.78% from the prior year.
- Change in Net Loans was $17.6 million for Q2 2020 at First Internet Bancorp, up from $1.3 million in the prior quarter.
- The five-year high for Change in Net Loans was $251.8 million in Q2 2017, with the low at $1.3 million in Q1 2020.
- Average Change in Net Loans over 5 years is $99.5 million, with a median of $74.0 million recorded in 2016.
- The sharpest annual moves came in 2017 and 2020: Change in Net Loans soared 548.4% in 2017, then plunged 98.23% in 2020.
- Over 5 years, Change in Net Loans stood at $37.1 million in 2016, then jumped by 548.4% to $240.6 million in 2017, then fell by 21.45% to $189.0 million in 2018, then plunged by 90.56% to $17.8 million in 2019, then decreased by 1.39% to $17.6 million in 2020.
- The last three Change in Net Loans figures came in at $17.6 million (Q2 2020), $1.3 million (Q1 2020), and $17.8 million (Q4 2019), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Net Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -173.53 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 1.13 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | - |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 3.33 Bn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | - |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 4.38 Bn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | - |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | - |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 2.56 Bn |
| 10 | First Internet Bancorp | 242.53 Mn | -168.44 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2020 | 17.60 Mn |
| Mar 31, 2020 | 1.31 Mn |
| Dec 31, 2019 | 17.85 Mn |
| Sep 30, 2019 | 19.96 Mn |
| Jun 30, 2019 | 79.48 Mn |
| Mar 31, 2019 | 73.78 Mn |
| Dec 31, 2018 | 189.02 Mn |
| Sep 30, 2018 | 72.32 Mn |
| Jun 30, 2018 | 133.20 Mn |
| Mar 31, 2018 | 68.99 Mn |
| Dec 31, 2017 | 240.64 Mn |
| Sep 30, 2017 | 204.04 Mn |
| Jun 30, 2017 | 251.80 Mn |
| Mar 31, 2017 | 173.70 Mn |
| Dec 31, 2016 | 37.11 Mn |
| Sep 30, 2016 | 74.20 Mn |
| Jun 30, 2016 | 57.75 Mn |
| Mar 31, 2016 | 78.89 Mn |
| Dec 31, 2015 | 77.35 Mn |
| Sep 30, 2015 | 62.19 Mn |