First Internet Bancorp Company Profile (NASDAQ:INBK)

About First Internet Bancorp (NASDAQ:INBK)

First Internet Bancorp logoFirst Internet Bancorp is a bank holding company that conducts its business activities through its subsidiary, First Internet Bank of Indiana (the Bank). The Company offers a complement of products and services on a nationwide basis. The Company conducts its deposit operations primarily over the Internet. The Company also offers commercial real estate (CRE) lending, including nationwide single tenant lease financing and commercial and industrial (C&I) lending, including business banking/treasury management services. The Bank provides commercial and retail banking services, with operations conducted on the Internet at www.firstib.com. It offers residential real estate loans, home equity loans and lines of credit, and consumer loans, and loans to commercial clients, which include commercial loans, commercial real estate loans, letters of credit and single tenant lease financing. The Bank's subsidiary, JKH Realty Services, LLC manages real estate owned properties.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $201.9 million
  • Outstanding Shares: 6,513,000
Average Prices:
  • 50 Day Moving Avg: $31.00
  • 200 Day Moving Avg: $29.16
  • 52 Week Range: $22.54 - $33.35
P/E:
  • Trailing P/E Ratio: 13.96
  • Foreward P/E Ratio: 10.06
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $53.51 million
  • Price / Sales: 3.77
  • Book Value: $25.15 per share
  • Price / Book: 1.23
Dividend:
  • Annual Dividend: $0.24
  • Dividend Yield: 0.8%
Profitability:
  • Net Margins: 16.58%
  • Return on Equity: 8.91%
  • Return on Assets: 0.67%
Debt:
  • Debt-to-Equity Ratio: 2.88%
  • Current Ratio: 1.02%
  • Quick Ratio: 1.01%
Misc:
  • Average Volume: 40,445 shs.
  • Beta: -0.06
  • Short Ratio: 4.1
 

Frequently Asked Questions for First Internet Bancorp (NASDAQ:INBK)

What is First Internet Bancorp's stock symbol?

First Internet Bancorp trades on the NASDAQ under the ticker symbol "INBK."

How often does First Internet Bancorp pay dividends? What is the dividend yield for First Internet Bancorp?

First Internet Bancorp declared a quarterly dividend on Tuesday, September 19th. Stockholders of record on Friday, September 29th will be given a dividend of $0.06 per share on Monday, October 16th. This represents a $0.24 annualized dividend and a dividend yield of 0.77%. The ex-dividend date is Thursday, September 28th. View First Internet Bancorp's Dividend History.

How were First Internet Bancorp's earnings last quarter?

First Internet Bancorp (NASDAQ:INBK) announced its earnings results on Thursday, July, 20th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.55 by $0.06. The firm had revenue of $15.71 million for the quarter, compared to analyst estimates of $15 million. First Internet Bancorp had a net margin of 16.58% and a return on equity of 8.91%. View First Internet Bancorp's Earnings History.

When will First Internet Bancorp make its next earnings announcement?

First Internet Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, October, 19th 2017. View Earnings Estimates for First Internet Bancorp.

Where is First Internet Bancorp's stock going? Where will First Internet Bancorp's stock price be in 2017?

3 analysts have issued 12-month price objectives for First Internet Bancorp's stock. Their predictions range from $32.50 to $37.00. On average, they expect First Internet Bancorp's stock price to reach $35.17 in the next year. View Analyst Ratings for First Internet Bancorp.

What are analysts saying about First Internet Bancorp stock?

Here are some recent quotes from research analysts about First Internet Bancorp stock:

  • 1. According to Zacks Investment Research, "First Internet Bancorp is a bank holding company that conducts its business activities through its subsidiary, First Internet Bank of Indiana. The Bank operates through the internet primarily in the United States. Its services includes checking accounts, regular and money market savings accounts, consumer loans, conforming mortgages, jumbo mortgages, home equity loans and lines of credit, and commercial loans. First Internet Bancorp is based in Indianapolis, United States. " (9/20/2017)
  • 2. Maxim Group analysts commented, "INBK reported 1Q17 EPS of $0.43 (including a $0.02 of tax benefit), versus consensus of $0.44. The miss was caused by lower mortgage banking activity and higher expenses. On the other hand, loans grew a very rapid 13.2%, propelled by single-tenant lease financing and INBK’s new public finance group, and the net interest margin (NIM) was up by 8bps. We lower our 2017 EPS estimate to $2.30, from $2.35, as we do not expect the added interest income and tax benefits from the public finance group to make up for the loss of mortgage banking revenue." (4/24/2017)

Who are some of First Internet Bancorp's key competitors?

Who are First Internet Bancorp's key executives?

First Internet Bancorp's management team includes the folowing people:

  • David B. Becker, Chairman of the Board, President, Chief Executive Officer
  • David R. Lovejoy, Independent Vice Chairman of the Board
  • Kenneth J. Lovik, Chief Financial Officer, Senior Vice President
  • Nicole S. Lorch, Chief Operating Officer
  • C. Charles Perfetti, Senior Vice President, Secretary
  • Stephen Farrell, Senior Vice President, Chief Credit Officer and Credit Administrator
  • John K. Keach Jr., Independent Director
  • Ann D. Murtlow, Independent Director
  • Ralph R. Whitney Jr., Independent Director
  • Jerry Williams, Independent Director

Who owns First Internet Bancorp stock?

First Internet Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Stieven Capital Advisors L.P. (7.69%), Kennedy Capital Management Inc. (4.09%), Vanguard Group Inc. (3.92%), Thomson Horstmann & Bryant Inc. (3.66%), Heartland Advisors Inc. (3.48%) and Franklin Resources Inc. (2.87%). Company insiders that own First Internet Bancorp stock include David B Becker, Jerry L Williams and John K Keach, Jr. View Institutional Ownership Trends for First Internet Bancorp.

Who sold First Internet Bancorp stock? Who is selling First Internet Bancorp stock?

First Internet Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Thomson Horstmann & Bryant Inc., Nationwide Fund Advisors, Argent Capital Management LLC, Foundry Partners LLC, California State Teachers Retirement System, Cornerstone Capital Management Holdings LLC., Stieven Capital Advisors L.P. and TIAA CREF Investment Management LLC. View Insider Buying and Selling for First Internet Bancorp.

Who bought First Internet Bancorp stock? Who is buying First Internet Bancorp stock?

First Internet Bancorp's stock was acquired by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Dimensional Fund Advisors LP, Kennedy Capital Management Inc., Penn Capital Management Co. Inc., Wasatch Advisors Inc., Menta Capital LLC, Trexquant Investment LP and State Street Corp. Company insiders that have bought First Internet Bancorp stock in the last two years include David B Becker, Jerry L Williams and John K Keach, Jr. View Insider Buying and Selling for First Internet Bancorp.

How do I buy First Internet Bancorp stock?

Shares of First Internet Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is First Internet Bancorp's stock price today?

One share of First Internet Bancorp stock can currently be purchased for approximately $31.00.


MarketBeat Community Rating for First Internet Bancorp (NASDAQ INBK)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  61 (Vote Outperform)
Underperform Votes:  40 (Vote Underperform)
Total Votes:  101
MarketBeat's community ratings are surveys of what our community members think about First Internet Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for First Internet Bancorp (NASDAQ:INBK) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $35.17 (13.44% upside)

Analysts' Ratings History for First Internet Bancorp (NASDAQ:INBK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/27/2017Keefe, Bruyette & WoodsReiterated RatingBuy$36.00MediumView Rating Details
4/24/2017Maxim GroupReiterated RatingBuy$37.00MediumView Rating Details
4/17/2017Hovde GroupInitiated CoverageOutperform -> Outperform$32.50MediumView Rating Details
9/7/2016FIG PartnersReiterated RatingOutperformN/AView Rating Details
(Data available from 9/24/2015 forward)

Earnings

Earnings History for First Internet Bancorp (NASDAQ:INBK)
Earnings by Quarter for First Internet Bancorp (NASDAQ:INBK)
Earnings History by Quarter for First Internet Bancorp (NASDAQ INBK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/18/2017$0.63N/AView Earnings Details
7/20/2017Q2 2017$0.55$0.61$15.00 million$15.71 millionViewN/AView Earnings Details
1/19/2017Q4 2016$0.53$0.64$13.90 million$13.80 millionViewN/AView Earnings Details
7/21/2016Q2 2016$0.65$0.57$13.05 millionViewN/AView Earnings Details
4/21/2016Q1 2016$0.53$0.53$11.68 millionViewN/AView Earnings Details
10/22/2015Q3 2015$0.46$0.51$10.21 millionViewN/AView Earnings Details
7/23/2015Q2 2015$0.40$0.50$10.05 millionViewN/AView Earnings Details
4/23/2015Q115$0.32$0.46$6.60 million$9.92 millionViewN/AView Earnings Details
1/22/2015Q4 2014$0.27$0.32$8.47 millionViewN/AView Earnings Details
10/23/2014Q3 2014$0.19$0.28$7.62 millionViewN/AView Earnings Details
7/24/2014Q2 2014$0.22$0.22$7.00 millionViewN/AView Earnings Details
4/24/2014Q1 2014$0.14$0.13$6.38 millionViewN/AView Earnings Details
1/29/2014Q413$0.12$0.19$4.72 millionViewN/AView Earnings Details
10/25/2013Q3 13$0.25ViewN/AView Earnings Details
4/18/2013Q113$0.77ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for First Internet Bancorp (NASDAQ:INBK)
2017 EPS Consensus Estimate: $2.39
2018 EPS Consensus Estimate: $2.96
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.48$0.48$0.48
Q2 20171$0.60$0.60$0.60
Q3 20171$0.70$0.70$0.70
Q4 20171$0.61$0.61$0.61
Q1 20181$0.61$0.61$0.61
Q2 20181$0.69$0.69$0.69
Q3 20181$0.80$0.80$0.80
Q4 20181$0.86$0.86$0.86
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for First Internet Bancorp (NASDAQ:INBK)
Next Dividend:10/16/2017
Annual Dividend:$0.24
Dividend Yield:0.77%
Payout Ratio:10.76% (Trailing 12 Months of Earnings)
10.43% (Based on This Year's Estimates)
7.79% (Based on Next Year's Estimates)
Dividend Payments by Quarter for First Internet Bancorp (NASDAQ:INBK)

Dividend History by Quarter for First Internet Bancorp (NASDAQ INBK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/19/2017quarterly$0.060.8%9/28/20179/29/201710/16/2017
6/21/2017quarterly$0.060.88%6/28/20176/30/20177/17/2017
3/22/2017quarterly$0.060.83%3/29/20173/31/20174/17/2017
12/20/2016quarterly$0.060.81%12/28/201612/30/20161/17/2017
9/21/2016quarterly$0.061.05%9/28/20169/30/201610/17/2016
6/21/2016quarterly$0.061%6/28/20166/30/20167/15/2016
3/23/2016quarterly$0.061.03%3/29/20163/31/20164/15/2016
10/21/2015quarterly$0.060.77%12/29/201512/31/20151/15/2016
7/22/2015quarterly$0.060.83%9/28/20159/30/201510/15/2015
4/22/2015quarterly$0.061.29%6/26/20156/30/20157/15/2015
1/22/2015quarterly$0.061.61%3/27/20153/31/20154/15/2015
10/22/2014quarterly$0.061.42%12/29/201412/31/20141/15/2015
7/22/2014quarterly$0.061.27%9/26/20149/30/201410/15/2014
6/17/2014quarterly$0.061.11%6/26/20146/30/20147/15/2014
3/18/2014quarterly$0.061.03%3/27/20143/31/20144/15/2014
12/17/2013quarterly$0.061.03%12/27/201312/31/20131/15/2014
9/26/2013quarterly$0.060.87%10/3/201310/7/201310/15/2013
6/19/2013quarterly$0.060.81%6/27/20137/1/20137/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for First Internet Bancorp (NASDAQ:INBK)
Insider Ownership Percentage: 7.60%
Institutional Ownership Percentage: 58.13%
Insider Trades by Quarter for First Internet Bancorp (NASDAQ:INBK)
Institutional Ownership by Quarter for First Internet Bancorp (NASDAQ:INBK)
Insider Trades by Quarter for First Internet Bancorp (NASDAQ:INBK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/20/2017David B. BeckerChairmanBuy5,000$30.02$150,100.00View SEC Filing  
9/20/2017Jerry L WilliamsDirectorBuy2,100$30.05$63,105.00View SEC Filing  
5/25/2017John K. Keach, Jr.DirectorBuy1,000$26.39$26,390.00View SEC Filing  
5/27/2016David B BeckerCEOBuy5,000$25.73$128,650.00View SEC Filing  
1/30/2015Jerry L WilliamsDirectorBuy1,000$15.88$15,880.00View SEC Filing  
1/28/2015Ralph R Whitney JrDirectorBuy1,000$16.00$16,000.00View SEC Filing  
1/27/2015Jerry L WilliamsDirectorBuy1,000$16.28$16,280.00View SEC Filing  
9/19/2014C. Charles PerfettiSVPBuy2,000$15.93$31,860.00View SEC Filing  
8/14/2014Jerry L WilliamsDirectorBuy1,000$17.82$17,820.00View SEC Filing  
8/11/2014Jerry L WilliamsDirectorBuy2,000$18.67$37,340.00View SEC Filing  
7/31/2014C. Charles PerfettiSVPBuy1,000$17.75$17,750.00View SEC Filing  
7/31/2014David B BeckerCEOBuy2,000$17.74$35,480.00View SEC Filing  
7/29/2014John K Keach JrDirectorBuy2,000$18.00$36,000.00View SEC Filing  
8/27/2013Ann D MurtlowDirectorBuy1,000$28.00$28,000.00View SEC Filing  
8/16/2013Ann D MurtlowDirectorBuy1,000$30.00$30,000.00View SEC Filing  
8/1/2013Ann D MurtlowDirectorBuy1,000$24.00$24,000.00View SEC Filing  
7/31/2013David B BeckerCEOBuy10,015$23.56$235,953.40View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for First Internet Bancorp (NASDAQ:INBK)
Latest Headlines for First Internet Bancorp (NASDAQ:INBK)
Source:
DateHeadline
finance.yahoo.com logoFirst Internet Bancorp (INBK) Chairman, President and CEO David B Becker Bought $150,100 of Shares
finance.yahoo.com - September 23 at 5:07 AM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Director Jerry L. Williams Acquires 2,100 Shares
www.americanbankingnews.com - September 22 at 8:38 PM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Chairman David B. Becker Acquires 5,000 Shares
www.americanbankingnews.com - September 22 at 8:16 PM
finance.yahoo.com logoFirst Internet Bank Expands Team in Southwest Office
finance.yahoo.com - September 22 at 1:57 PM
americanbankingnews.com logoFIG Partners Analysts Lower Earnings Estimates for First Internet Bancorp (INBK)
www.americanbankingnews.com - September 22 at 6:36 AM
americanbankingnews.com logoFIG Partners Equities Analysts Decrease Earnings Estimates for First Internet Bancorp (INBK)
www.americanbankingnews.com - September 21 at 10:56 AM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - September 20 at 11:30 PM
finance.yahoo.com logoETFs with exposure to First Internet Bancorp : September 20, 2017
finance.yahoo.com - September 20 at 9:18 PM
finance.yahoo.com logoFirst Internet Bancorp :INBK-US: Earnings Analysis: Q2, 2017 By the Numbers : September 19, 2017
finance.yahoo.com - September 20 at 6:01 AM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Declares $0.06 Quarterly Dividend
www.americanbankingnews.com - September 19 at 4:46 PM
streetinsider.com logoFirst Internet Bancorp (INBK) Pricies 1.65M Share Common Offering at $29/Sh
www.streetinsider.com - September 17 at 5:07 AM
seekingalpha.com logoFirst Internet Bank prices secondary
seekingalpha.com - September 16 at 1:48 AM
finance.yahoo.com logoFirst Internet Bancorp Announces Commencement of Common Stock Offering
finance.yahoo.com - September 15 at 1:03 AM
bizjournals.com logoS.F. fintech Lendeavor gets bank deal to boost lending to healthcare practices
www.bizjournals.com - September 8 at 11:16 PM
americanbankingnews.com logoFinancial Contrast: KeyCorp (KEY) and First Internet Bancorp (INBK)
www.americanbankingnews.com - September 8 at 9:30 AM
finance.yahoo.com logoFirst Internet Bank Announces Strategic Partnership with Lendeavor, Inc.
finance.yahoo.com - September 7 at 8:07 PM
americanbankingnews.com logoZacks: First Internet Bancorp (INBK) Receives Average Recommendation of "Strong Buy" from Brokerages
www.americanbankingnews.com - September 3 at 2:32 AM
finance.yahoo.com logoFirst Internet Bank Enters Top Ten on List of “Best Banks”
finance.yahoo.com - August 31 at 6:14 AM
seekingalpha.com logoFirst Internet Bancorp (INBK) Presents At KBW Community Bank Investor Conference - Slideshow
seekingalpha.com - August 3 at 8:01 PM
finance.yahoo.com logoFirst Internet Bancorp to Present at KBW Community Bank Investor Conference
finance.yahoo.com - July 31 at 7:17 PM
finance.yahoo.com logoFirst Internet Bank Welcomes New Lender, Expands Municipal Lending Team
finance.yahoo.com - July 31 at 7:16 PM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Rating Reiterated by Keefe, Bruyette & Woods
www.americanbankingnews.com - July 28 at 12:56 AM
americanbankingnews.com logo First Internet Bancorp (NASDAQ:INBK) Receives Average Rating of "Strong Buy" from Brokerages
www.americanbankingnews.com - July 27 at 11:21 AM
americanbankingnews.com logoFIG Partners Comments on First Internet Bancorp's Q4 2017 Earnings (NASDAQ:INBK)
www.americanbankingnews.com - July 24 at 8:48 AM
americanbankingnews.com logoFirst Internet Bancorp (NASDAQ:INBK) Posts Quarterly Earnings Results, Beats Expectations By $0.06 EPS
www.americanbankingnews.com - July 21 at 10:22 AM
finance.yahoo.com logoFirst Internet Bancorp Reports Record Quarterly Net Income
finance.yahoo.com - July 20 at 11:42 PM
finance.yahoo.com logoFirst Internet posts 2Q profit
finance.yahoo.com - July 20 at 11:42 PM
americanbankingnews.com logoFirst Internet Bancorp (INBK) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 17 at 7:54 AM
americanbankingnews.com logoKeefe, Bruyette & Woods Reaffirms Buy Rating for First Internet Bancorp (INBK)
www.americanbankingnews.com - June 26 at 10:04 PM
americanbankingnews.com logo First Internet Bancorp (INBK) Given Consensus Rating of "Strong Buy" by Analysts
www.americanbankingnews.com - June 26 at 4:16 PM
streetinsider.com logoFirst Internet Bancorp (INBK) Declares $0.06 Quarterly Dividend; 0.9% Yield
www.streetinsider.com - June 22 at 1:12 PM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - June 21 at 11:58 PM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Announces Quarterly Dividend of $0.06
www.americanbankingnews.com - June 21 at 5:38 PM
finance.yahoo.com logoPresident and CEO David Becker Keynotes Tech and Entrepreneurship Event
finance.yahoo.com - June 16 at 5:08 AM
finance.yahoo.com logoFirst Internet Bank Bank’s COO to Present at Digital Banking Conference
finance.yahoo.com - June 13 at 10:54 AM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - June 11 at 8:22 PM
finance.yahoo.com logoETFs with exposure to First Internet Bancorp : June 5, 2017
finance.yahoo.com - June 5 at 5:58 PM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Sees Large Decline in Short Interest
www.americanbankingnews.com - June 3 at 11:08 AM
americanbankingnews.com logoJohn K. Keach, Jr. Purchases 1,000 Shares of First Internet Bancorp (INBK) Stock
www.americanbankingnews.com - May 30 at 8:31 PM
finance.yahoo.com logoFirst Internet Bancorp :INBK-US: Earnings Analysis: Q1, 2017 By the Numbers : May 30, 2017
finance.yahoo.com - May 30 at 10:35 AM
finance.yahoo.com logoLargest Indian Bank's Profit Surges as Bad-Loan Ratio Narrows
finance.yahoo.com - May 19 at 10:28 AM
finance.yahoo.com logoWhat to Expect From Indian Bank Earnings This Week
finance.yahoo.com - May 17 at 9:58 AM
finance.yahoo.com logoNew Head of Best-Performing Asian Bank Plans Strategy Change
finance.yahoo.com - May 9 at 12:23 PM
finance.yahoo.com logoBiggest Indian Bank Says Bad Loan Mess to Resolve in 3 Years
finance.yahoo.com - May 4 at 8:04 AM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Earns Daily Media Sentiment Score of 0.35
www.americanbankingnews.com - April 28 at 6:24 PM
americanbankingnews.com logoZacks: First Internet Bancorp (INBK) Receives Average Rating of "Strong Buy" from Brokerages
www.americanbankingnews.com - April 27 at 9:40 AM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Given Daily Media Sentiment Score of 0.44
www.americanbankingnews.com - April 25 at 11:11 AM
americanbankingnews.com logoFirst Internet Bancorp's (INBK) "Buy" Rating Reaffirmed at Maxim Group
www.americanbankingnews.com - April 24 at 2:08 PM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Given Daily Coverage Optimism Score of 0.33
www.americanbankingnews.com - April 21 at 10:36 PM
finance.yahoo.com logoFirst Internet Bancorp Reports Net Income Up 16% Year-over-Year
finance.yahoo.com - April 20 at 6:00 PM

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Chart

First Internet Bancorp (INBK) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff