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: $172.82 million
  • Outstanding Shares: 6,497,000
Average Prices:
  • 50 Day Moving Avg: $28.18
  • 200 Day Moving Avg: $29.52
  • 52 Week Range: $22.12 - $33.00
P/E:
  • Trailing P/E Ratio: 12.26
  • Foreward P/E Ratio: 9.47
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $51.25 million
  • Price / Sales: 3.37
  • Book Value: $24.24 per share
  • Price / Book: 1.10
Dividend:
  • Annual Dividend: $0.24
  • Dividend Yield: 0.9%
Profitability:
  • Net Margins: 16.55%
  • Return on Equity: 9.52%
  • Return on Assets: 0.72%
Debt:
  • Debt-to-Equity Ratio: 1.35%
  • Current Ratio: 0.86%
  • Quick Ratio: 0.84%
Misc:
  • Average Volume: 18,040 shs.
  • Beta: -0.08
  • Short Ratio: 5.04
 

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 Wednesday, March 22nd. Shareholders of record on Friday, March 31st will be given a dividend of $0.06 per share on Monday, April 17th. This represents a $0.24 annualized dividend and a yield of 0.90%. The ex-dividend date is Wednesday, March 29th. View First Internet Bancorp's Dividend History.

How were First Internet Bancorp's earnings last quarter?

First Internet Bancorp (NASDAQ:INBK) issued its quarterly earnings data on Thursday, January, 19th. The company reported $0.64 EPS for the quarter, topping the Zacks' consensus estimate of $0.53 by $0.11. The firm earned $13.80 million during the quarter, compared to analysts' expectations of $13.90 million. First Internet Bancorp had a return on equity of 9.52% and a net margin of 16.55%. 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 Wednesday, July, 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?

4 analysts have issued twelve-month price targets for First Internet Bancorp's stock. Their forecasts range from $32.50 to $37.00. On average, they anticipate First Internet Bancorp's share price to reach $35.17 in the next twelve months. 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. " (4/26/2017)
  • 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 owns First Internet Bancorp stock?

First Internet Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Stieven Capital Advisors L.P. (7.72%), Vanguard Group Inc. (3.89%), Kennedy Capital Management Inc. (3.84%), Heartland Advisors Inc. (3.46%), Stifel Financial Corp (2.16%) and Argent Capital Management LLC (1.99%). 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 Renaissance Technologies LLC, JPMorgan Chase & Co., Victory Capital Management Inc., Morgan Stanley, Stieven Capital Advisors L.P., First Wilshire Securities Management Inc., Wedbush Securities Inc. and Wells Fargo & Company MN. 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 purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Kennedy Capital Management Inc., Signia Capital Management LLC, Heartland Advisors Inc., Dimensional Fund Advisors LP, Barings LLC, Stifel Financial Corp and Argent Capital Management LLC. 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.

How much does a share of First Internet Bancorp stock cost?

One share of First Internet Bancorp stock can currently be purchased for approximately $26.60.

Analyst Ratings

Consensus Ratings for First Internet Bancorp (NASDAQ:INBK) (?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $35.17 (32.21% upside)

Analysts' Ratings History for First Internet Bancorp (NASDAQ:INBK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/24/2017Maxim GroupReiterated RatingBuy$37.00MediumView Rating Details
4/17/2017Hovde GroupInitiated CoverageOutperform -> Outperform$32.50MediumView Rating Details
1/10/2017Keefe, Bruyette & WoodsInitiated CoverageOutperform$36.00N/AView Rating Details
9/7/2016FIG PartnersReiterated RatingOutperformN/AView Rating Details
(Data available from 5/25/2015 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
7/19/2017        
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: $2.50
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.48$0.48$0.48
Q2 20171$0.60$0.60$0.60
Q3 20171$0.69$0.69$0.69
Q4 20171$0.73$0.73$0.73
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for First Internet Bancorp (NASDAQ:INBK)
Most Recent Dividend:4/17/2017
Annual Dividend:$0.24
Dividend Yield:0.90%
Payout Ratio:10.48% (Trailing 12 Months of Earnings)
10.62% (Based on This Year's Estimates)
8.54% (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
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: 10.30%
Institutional Ownership Percentage: 43.80%
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
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 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
marketbeat.com logoFirst Internet posts 1Q profit
marketbeat.com - April 20 at 4:59 PM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Earning Favorable News Coverage, Study Finds
www.americanbankingnews.com - April 17 at 3:50 PM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Receives New Coverage from Analysts at Hovde Group
www.americanbankingnews.com - April 17 at 9:51 AM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Given Daily News Impact Rating of 0.38
www.americanbankingnews.com - April 13 at 3:00 PM
finance.yahoo.com logoFirst Internet Bancorp : INBK-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017
finance.yahoo.com - April 11 at 5:41 PM
americanbankingnews.com logoFirst Internet Bancorp (INBK) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - March 23 at 12:58 AM
streetinsider.com logoFirst Internet Bancorp (INBK) Declares $0.06 Quarterly Dividend; 0.8% Yield
www.streetinsider.com - March 22 at 11:10 PM
americanbankingnews.com logoFirst Internet Bancorp Plans Quarterly Dividend of $0.06 (INBK)
www.americanbankingnews.com - March 22 at 6:25 PM
finance.yahoo.com logoFIRST INTERNET BANCORP Financials
finance.yahoo.com - March 18 at 5:22 PM
biz.yahoo.com logoFIRST INTERNET BANCORP Files SEC form 10-K, Annual Report
biz.yahoo.com - March 14 at 5:07 PM
finance.yahoo.com logoFirst Internet Bank Recognized as Employer of Choice in Indiana
finance.yahoo.com - February 22 at 12:38 PM
bloomberg.com logoIndian Lender Shuns Companies to Become Top Asian Bank Stock
www.bloomberg.com - February 7 at 4:03 AM
streetinsider.com logoFirst Internet Bancorp (INBK) Names Nicole Lorch as COO
www.streetinsider.com - January 24 at 4:14 AM
finance.yahoo.com logoFirst Internet Bancorp Promotes Nicole Lorch to Chief Operating Officer
finance.yahoo.com - January 23 at 10:50 AM
finance.yahoo.com logo8:14 am First Internet Bancorp promotes Nicole Lorch to COO effective Jan 1, 2017
finance.yahoo.com - January 23 at 10:50 AM
biz.yahoo.com logoFIRST INTERNET BANCORP Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Finan
biz.yahoo.com - January 23 at 10:50 AM
us.rd.yahoo.com logoFirst Internet Bancorp Reports Annual Net Income Up 35%
us.rd.yahoo.com - January 19 at 7:40 PM
biz.yahoo.com logoFIRST INTERNET BANCORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex
us.rd.yahoo.com - January 19 at 7:40 PM
finance.yahoo.com logoModi's Cash Ban Helped This Indian Bank Report Record Earnings
finance.yahoo.com - January 10 at 11:52 PM
finance.yahoo.com logoCoverage initiated on First Internet Bancorp by Keefe Bruyette
finance.yahoo.com - January 10 at 6:51 PM
finance.yahoo.com logoFirst Internet Bank Appoints Head of Public Finance
finance.yahoo.com - January 9 at 6:38 PM
seekingalpha.com logoFirst Internet Bancorp declares $0.06 dividend
seekingalpha.com - December 21 at 12:04 AM
us.rd.yahoo.com logo7:03 am First Internet Bancorp prices 945k common stock offering at $26.50/share
us.rd.yahoo.com - December 15 at 11:36 PM
streetinsider.com logoFirst Internet Bancorp (INBK) Announces Pricing of Stock Offering at $26.50 Per Share
www.streetinsider.com - December 15 at 6:34 PM
finance.yahoo.com logoFirst Internet Bancorp Announces Pricing of Common Stock Offering
finance.yahoo.com - December 15 at 6:34 PM
biz.yahoo.com logoFIRST INTERNET BANCORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure, Fina
biz.yahoo.com - December 15 at 6:34 PM
seekingalpha.com logoFirst Internet Bancorp announces pricing of common stock
seekingalpha.com - December 15 at 4:47 PM
prnewswire.com logoLeanplum Announces Top 2017 Trends and Key Data Findings in Mobile Marketing; Monumental Company Growth Milestones
www.prnewswire.com - December 8 at 10:33 AM
bloomberg.com logoIndian Bank Shares Tumble as Cash Revamp Seen Threatening Profit
www.bloomberg.com - November 21 at 10:44 AM
zacks.com logoHow First Internet Bancorp (INBK) Stock Stands Out in a Strong Industry
www.zacks.com - November 16 at 9:13 AM
biz.yahoo.com logoFIRST INTERNET BANCORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - November 15 at 6:09 PM
biz.yahoo.com logoFIRST INTERNET BANCORP Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 7 at 5:59 PM
biz.yahoo.com logoFIRST INTERNET BANCORP Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 7 at 5:59 PM
seekingalpha.com logoFirst Internet Bank - Headline Strong, Underlying Stronger
seekingalpha.com - October 25 at 10:37 AM

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Chart

First Internet Bancorp (INBK) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff