What does net margin mean?

Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

First Internet Bancorp INBK Net margin

Discontinued — last reported Q4 '19

Net margin at other companies

JPMorgan ChaseJPM

31.5%-1.5pp

Ally FinancialALLY

16.5%+12.6pp

Live Oak BancsharesLOB

21.1%+9.1pp

John Marshall BancorpJMSB

34.7%+2.7pp

Bank First CorporationBFC

37.7%-4.3pp

Customers BancorpCUBI

31.2%+9.8pp

Other financials

Income statement

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Net income$2.5M+166%

EPS (diluted)$0.29+164%

Balance sheet

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Cash & equivalents$601.8M+52.6%

Total debt$240.9M-39.0%

Total equity$361.0M-6.9%

Total assets$5.7B-2.4%

Cash flow

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Operating cash flow$75.6M+130%

CapEx$299.0K+62.5%

Free cash flow$75.3M+131%

Valuation

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Market cap$242.32M+1.5%

Enterprise value-$118.58M-289%

P/S21×—

Profitability

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FCF margin-413.2%—

Returns & leverage

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Return on equity-9%-15.0pp

Debt / equity0.7×-0.4×

Where this comes from

Calculated from First Internet Bancorp’s reported figures.

net income/total revenue=218.7%

Based on trailing twelve months.

The official record: First Internet Bancorp’s 10-Q, filed November 9, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does net margin mean?: Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.