LPAAU vs INBK

Comparison between Launch One Acquisition Corp - Units (1 Ord Class A & 1/2 War) (LPAAU, Company) and First Internet Bancorp (INBK, Company).

Both LPAAU and INBK are from the Financial Services sector.

LPAAU vs INBK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LPAAU(COMPANY)	INBK(COMPANY)
Market Cap	$256M	$256M
Max Drawdown	3.64%	81.52%
Sharpe Ratio	0.21	0.80
5Y Beta	0.01	1.09
Industry	Shell Companies	Banks - Regional
P/E Ratio	34.53	-6.99
Forward P/E	N/A	8.45
PEG Ratio	2.13	N/A
Dividend Yield	N/A	0.82%
5Y Dividends CAGR	N/A	4.56%
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	-0.37%	62.56%

Market Cap

LPAAU

$256M

Winner

INBK

$256M

Max Drawdown

Winner

LPAAU

3.64%

INBK

81.52%

Sharpe Ratio

LPAAU

0.21

Winner

INBK

0.80

5Y Beta

Winner

LPAAU

0.01

INBK

1.09

Industry

LPAAU

Shell Companies

INBK

Banks - Regional

P/E Ratio

LPAAU

34.53

Winner

INBK

-6.99

Forward P/E

LPAAU

N/A

INBK

8.45

PEG Ratio

LPAAU

2.13

INBK

N/A

Dividend Yield

LPAAU

N/A

INBK

0.82%

5Y Dividends CAGR

LPAAU

N/A

INBK

4.56%

Debt to Equity

LPAAU

0.00%

INBK

0.00%

Free Cash Flow Yield

LPAAU

-0.37%

Winner

INBK

62.56%

LPAAU vs INBK - Historical Returns

Returns include dividend reinvestment.

Period	LPAAU	INBK
1 month	+1.93%	+11.88%
3 months	+3.45%	+22.57%
6 months	+1.55%	+39.51%
1 year	+5.21%	+20.54%
5 years(CAGR)	N/A	+0.24%
10 years(CAGR)	N/A	+3.40%
Max(CAGR)	+5.43%	+5.97%

LPAAU

+1.93%

Winner

INBK

+11.88%

LPAAU

+3.45%

Winner

INBK

+22.57%

LPAAU

+1.55%

Winner

INBK

+39.51%

LPAAU

+5.21%

Winner

INBK

+20.54%

5Y(CAGR)

LPAAU

N/A

INBK

+0.24%

10Y(CAGR)

LPAAU

N/A

INBK

+3.40%

Max(CAGR)

LPAAU

+5.43%

Winner

INBK

+5.97%

LPAAU vs INBK - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	LPAAU	INBK
2026	+4.22%	+44.05%
2025	+5.65%	-40.28%
2024	+1.41%	+50.25%
2023	N/A	+0.13%
2022	N/A	-49.03%
2021	N/A	+70.06%
2020	N/A	+21.31%
2019	N/A	+13.55%
2018	N/A	-45.26%
2017	N/A	+21.07%
2016	N/A	+14.11%
2015	N/A	+73.58%
2014	N/A	-22.75%
2013	N/A	+60.47%
2012	N/A	+107.44%
2011	N/A	-15.00%
2010	N/A	+65.41%
2009	N/A	-26.92%
2008	N/A	-33.09%
2007	N/A	-15.79%
2006	N/A	+5.56%
2005	N/A	+5.52%
2004	N/A	+0.00%

LPAAU vs INBK Drawdown Comparison

The maximum drawdown for LPAAU was -3.64%, occurring on Apr 24, 2025. Recovery took 62 trading sessions.

The maximum drawdown for INBK was -81.31%, occurring on May 11, 2023. This drawdown has not yet recovered.

The current LPAAU drawdown is -3.22%. The current INBK drawdown is -42.09%.

Rank	LPAAU	INBK
#1	-3.64% Apr 23, 2025 - Jul 23, 2025	-81.31% Jan 13, 2022 - May 11, 2023
#2	-3.22% Jul 24, 2026 - Jul 27, 2026	-78.70% Jun 6, 2005 - Dec 6, 2012
#3	-1.86% Jul 23, 2025 - Jan 27, 2026	-69.51% Jan 19, 2018 - Nov 3, 2021
#4	-1.83% Jan 27, 2026 - Jul 24, 2026	-57.30% Aug 12, 2013 - Aug 5, 2015
#5	-1.64% Feb 12, 2025 - Apr 23, 2025	-38.07% Aug 17, 2015 - Oct 20, 2017
#6	-1.07% Jan 17, 2025 - Feb 12, 2025	-22.10% Feb 25, 2013 - Jun 19, 2013
#7	-0.59% Dec 11, 2024 - Jan 14, 2025	-14.00% May 20, 2005 - Jun 6, 2005
#8	-0.20% Jul 30, 2024 - Aug 30, 2024	-10.44% Jul 22, 2013 - Aug 2, 2013
#9	-0.20% Sep 4, 2024 - Sep 18, 2024	-10.34% Dec 28, 2004 - Feb 9, 2005
#10	-0.20% Sep 18, 2024 - Nov 14, 2024	-8.31% Oct 27, 2017 - Nov 29, 2017
#11	-0.20% Nov 14, 2024 - Nov 19, 2024	-8.09% Nov 23, 2021 - Dec 29, 2021
#12	-0.10% Jul 18, 2024 - Jul 30, 2024	-6.43% Dec 18, 2017 - Jan 11, 2018
#13	-0.10% Jan 14, 2025 - Jan 16, 2025	-5.47% Dec 5, 2017 - Dec 18, 2017
#14	N/A	-3.97% Apr 7, 2005 - Apr 26, 2005
#15	N/A	-3.61% Jul 11, 2013 - Jul 19, 2013

Correlation

Correlation between LPAAU and INBK is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.68

-101