First Internet Bancorp (INBK) Stock Price, News & Analysis

Company Overview

First Internet Bancorp is the bank holding company for First Internet Bank, a digital-focused financial institution headquartered in Fishers, Indiana. Founded in 1999, First Internet Bank was established as an internet-based bank and has expanded its services through online and mobile banking, as well as a network of banking offices.

First Internet Bank provides a range of deposit and lending products for individuals, businesses, and institutions. Its services include checking and savings accounts, certificates of deposit, commercial and industrial lending, commercial real estate and construction loans, residential mortgage lending, consumer loans, and small business lending. The bank also offers treasury management, cash management, and other financial services for business customers.

The company serves customers primarily in Indiana and selected markets across the United States through digital channels and specialized lending operations. First Internet Bank has also developed expertise in areas such as public finance and government-related lending. David B. Becker, who founded the bank, serves as executive chairman, while Michael L. Lorch serves as president and chief executive officer.

Key Stats

• Today's Range: $26.72 to $27.83
• 50-Day Range: $26.04 to $29.94
• 52-Week Range: $17.05 to $31.09
• Volume: 28,663 shs
• Average Volume: 49,821 shs
• Market Capitalization: $237.65 million
• P/E Ratio: N/A
• Dividend Yield: 0.88%
• Price Target: $29.38
• Consensus Rating: Moderate Buy

First Internet Bancorp Stock Analysis - MarketRank™

First Internet Bancorp scored higher than 71% of companies evaluated by MarketBeat, and ranked 404th out of 836 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.8 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

First Internet Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 strong buy rating, 2 buy ratings, 2 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for First Internet Bancorp is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

First Internet Bancorp has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 82.20%

Earnings Growth

Earnings for First Internet Bancorp are expected to grow by 82.20% in the coming year, from $2.36 to $4.30 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Internet Bancorp is -7.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Internet Bancorp is -7.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

First Internet Bancorp has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.51% of the float of First Internet Bancorp has been sold short.

Short Interest Ratio / Days to Cover

First Internet Bancorp has a short interest ratio ("days to cover") of 3.49, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Internet Bancorp has recently increased by 0.40%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

First Internet Bancorp has a dividend yield of 0.87%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

First Internet Bancorp does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, First Internet Bancorp will have a dividend payout ratio of 5.58% next year. This indicates that First Internet Bancorp will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.88

News Sentiment

First Internet Bancorp has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for First Internet Bancorp this week, compared to 2 articles on an average week.

Company Ownership

• Score: 0.9 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, First Internet Bancorp insiders have not sold or bought any company stock.

Percentage Held by Insiders

6.20% of the stock of First Internet Bancorp is held by insiders.

Percentage Held by Institutions

65.46% of the stock of First Internet Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 7/15 Dividend: 6/30/2026
• Ex-Dividend for 7/15 Dividend: 6/30/2026
• Dividend Payable: 7/15/2026
• Last Earnings: 7/30/2026
• Record date for 10/15 Dividend: 10/01/2026
• Ex-Dividend for 10/15 Dividend: 10/01/2026
• Today: 10/06/2026
• Dividend Payable: 10/15/2026
• Next Earnings (Estimated): 10/28/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:INBK
• CIK: 1562463
• Web: www.firstinternetbancorp.com
• Phone: (317) 532-7900
• Fax: 317-532-7901
• Employees: 355
• Year Founded: 1999

Price Target and Rating

• Average Price Target for First Internet Bancorp: $29.38
• High Price Target: $35.00
• Low Price Target: $24.00
• Potential Upside/Downside: +8.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): ($3.60)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 11.53
• P/E Growth: N/A
• Net Income: -$35.17 million
• Net Margins: -9.01%
• Pretax Margin: -13.09%
• Return on Equity: -0.55%
• Return on Assets: -0.04%

Debt

• Debt-to-Equity Ratio: 0.95
• Current Ratio: 0.88
• Quick Ratio: 0.87

Sales & Book Value

• Annual Sales: $123.74 million
• Price / Sales: 1.92
• Cash Flow: $0.05 per share
• Price / Cash Flow: 508.38
• Book Value: $41.32 per share
• Price / Book: 0.66

Miscellaneous

• Outstanding Shares: 8,734,000
• Free Float: 8,192,000
• Market Cap: $237.65 million
• Optionable: Optionable
• Beta: 0.87