First Internet Bancorp (INBK) vs Meridian Bank (MRBK)
First Internet Bancorp and Meridian Bank are both Banks Regional companies. First Internet Bancorp and Meridian Bank are of similar size ($228.3M and $227.4M). First Internet Bancorp has negative trailing earnings, so its P/E is not meaningful; Meridian Bank trades at 10.3×. 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 (5.06% vs 0.77%). Across the 19 metrics below, Meridian Bank leads on 11 and First Internet Bancorp on 8.
Valuation
Profitability
| Metric | INBK | MRBK | Banks Regional median |
|---|---|---|---|
| Gross margin | 40.91% | 63.55% | 69.57% |
| Operating margin | 0.00% | 0.00% | 0.00% |
| Net margin | (9.77%) | 10.57% | 18.66% |
| Free cash flow margin | 49.69% | 9.11% | 21.18% |
| Return on equity | (8.34%) | 11.31% | 10.64% |
| Return on assets | (0.54%) | 0.85% | 1.13% |
| Return on invested capital | (9.59%) | 8.03% | 8.33% |
Growth
Health
Dividend
Size
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