Is IFS or INBK more undervalued in 2026?

CirclFi compares Intercorp Financial Services In (IFS) and First Internet Bancorp (INBK) using 13 institutional-grade valuation models. IFS has a Quality of Company score of 7.3/10 while INBK scores 6.4/10.

Which is a better buy — IFS or INBK?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do IFS and INBK valuations compare?

IFS at $48.93 and INBK at $24.15 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

IFS vs INBK Valuation Comparison 2026 — Intrinsic Value Analysis

IFS

Banks - Regional

Intercorp Financial Services In

Quality

7.3

out of 10

Value Trap

SAFE

Price

$48.93

Last close

Models

12/13

Active

INBK

Banks - Regional

First Internet Bancorp

Quality

6.4

out of 10

Value Trap

SAFE

Price

$24.15

Last close

Models

10/13

Active

Model-by-Model Comparison

Model	Type	IFS Fair Value	IFS Upside	INBK Fair Value	INBK Upside
Bayesian DCF	Intrinsic	$77.77	+58.9%	$31.06	+28.6%
Earnings Power Value	Intrinsic	$99.93	+104.2%	$110.35	+365.2%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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IFS vs INBK — Which Stock Is More Undervalued?

IFS scores higher with a 7.3/10 quality rating vs INBK's 6.4/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Intercorp Financial Services In (IFS) and First Internet Bancorp (INBK) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

IFS currently trades at $48.93 with a QOC of 7.3/10, while INBK trades at $24.15 with a QOC of 6.4/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).