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NASDAQ:INBK

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

$31.21
+0.78 (+2.56%)
(As of 07/12/2024 ET)
Today's Range
$30.42
$31.30
50-Day Range
$25.02
$33.22
52-Week Range
$14.11
$35.72
Volume
43,562 shs
Average Volume
115,134 shs
Market Capitalization
$270.28 million
P/E Ratio
16.43
Dividend Yield
0.77%
Price Target
$35.75

First Internet Bancorp MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
14.5% Upside
$35.75 Price Target
Short Interest
Healthy
0.47% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.15mentions of First Internet Bancorp in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
27.10%
From $3.10 to $3.94 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.22 out of 5 stars

Finance Sector

186th out of 866 stocks

State Commercial Banks Industry

37th out of 178 stocks

INBK stock logo

About First Internet Bancorp Stock (NASDAQ:INBK)

First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States. The company accepts non-interest bearing and interest-bearing demand deposit, commercial deposit, savings, money market, and Banking-as-a-Service brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real estate, construction, residential mortgage, home equity, line of credit and home improvement, small installment, term, and other consumer loans, as well as single tenant lease financing, and public and healthcare finance; franchise finance; and small business lending. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and provision of public and municipal lending and leasing products to government entities. Further, the company offers corporate credit card and treasury management services. First Internet Bancorp was founded in 1998 and is headquartered in Fishers, Indiana.

INBK Stock Price History

INBK Stock News Headlines

There’s something very “off” about this situation
The stock is now trading for just $10 a share. Why is this company being ignored by Wall Street, and what kind of gains could shareholders soon be looking at?
First Internet Bancorp (INBK)
Q1 2024 First Internet Bancorp Earnings Call
First Internet: Q1 Earnings Snapshot
There’s something very “off” about this situation
The stock is now trading for just $10 a share. Why is this company being ignored by Wall Street, and what kind of gains could shareholders soon be looking at?
First Internet (INBK) Earnings Dates & Reports
First Internet Bancorp to Pay Cash Dividend
INBK Aug 2024 40.000 call
GGAL Mar 2024 14.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Last Earnings
4/24/2024
Ex-Dividend for 7/15 Dividend
6/28/2024
Today
7/13/2024
Dividend Payable
7/15/2024
Next Earnings (Confirmed)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:INBK
Employees
287
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$35.75
High Stock Price Target
$38.00
Low Stock Price Target
$34.00
Potential Upside/Downside
+14.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$8.42 million
Pretax Margin
5.59%

Debt

Sales & Book Value

Annual Sales
$265.57 million
Cash Flow
$2.61 per share
Book Value
$41.97 per share

Miscellaneous

Free Float
8,041,000
Market Cap
$270.28 million
Optionable
Optionable
Beta
0.68
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INBK Stock Analysis - Frequently Asked Questions

How have INBK shares performed this year?

First Internet Bancorp's stock was trading at $24.19 on January 1st, 2024. Since then, INBK stock has increased by 29.0% and is now trading at $31.21.
View the best growth stocks for 2024 here
.

How were First Internet Bancorp's earnings last quarter?

First Internet Bancorp (NASDAQ:INBK) issued its quarterly earnings data on Wednesday, April, 24th. The bank reported $0.59 EPS for the quarter, beating the consensus estimate of $0.55 by $0.04. The bank had revenue of $29.08 million for the quarter, compared to the consensus estimate of $28.60 million. First Internet Bancorp had a net margin of 5.84% and a trailing twelve-month return on equity of 4.64%.

What is David B. Becker's approval rating as First Internet Bancorp's CEO?

29 employees have rated First Internet Bancorp Chief Executive Officer David B. Becker on Glassdoor.com. David B. Becker has an approval rating of 93% among the company's employees. This puts David B. Becker in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are First Internet Bancorp's major shareholders?

First Internet Bancorp's top institutional investors include Valeo Financial Advisors LLC (0.28%). Insiders that own company stock include David B Becker, Nicole S Lorch, John K Keach Jr, Aasif M Bade, Justin P Christian, Ann C Dee and Jerry L Williams.
View institutional ownership trends
.

How do I buy shares of First Internet Bancorp?

Shares of INBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of First Internet Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Internet Bancorp investors own include Global Net Lease (GNL), Capital Product Partners (CPLP), STAG Industrial (STAG), Advanced Micro Devices (AMD), Employers (EIG), Enbridge (ENB) and Enterprise Products Partners (EPD).

This page (NASDAQ:INBK) was last updated on 7/13/2024 by MarketBeat.com Staff

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