First Internet Bancorp (INBK) vs Meridian Bank (MRBK)

• First Internet Bancorp INBK 25.66 ▼ −1.08%
• Meridian Bank MRBK 18.51 ▲ +0.54%

First Internet Bancorp and Meridian Bank are both Banks Regional companies. First Internet Bancorp and Meridian Bank are of similar size ($226.6M and $219.6M). First Internet Bancorp has negative trailing earnings, so its P/E is not meaningful; Meridian Bank trades at 9.9×. Meridian Bank grew revenue faster over the last twelve months: 0.72% against −9.20%. Meridian Bank has the higher net margin (10.6% vs −9.77%) and the higher return on invested capital (8.03% vs −9.59%). Both pay a dividend; Meridian Bank yields more (2.94% vs 0.94%). Across the 18 metrics below, Meridian Bank leads on 11 and First Internet Bancorp on 7.