NASDAQ:INBK - First Internet Bancorp Stock Price, News, & Analysis

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$21.58 -0.52 (-2.35 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$21.58
Today's Range$21.45 - $22.13
52-Week Range$21.45 - $42.40
Volume53,218 shs
Average Volume25,232 shs
Market Capitalization$225.01 million
P/E Ratio9.03
Dividend Yield1.09%
Beta0.38
First Internet Bancorp operates as a bank holding company for First Internet Bank of Indiana that provides commercial and retail banking products and services in the United States. The company offers savings accounts, non-interest bearing and interest-bearing demand deposits, money market accounts, brokered deposit accounts, and certificates of deposit. It also provides loans to individuals, including residential real estate loans, home equity loans and lines of credit, and consumer loans; and loans to commercial clients, such as commercial real estate loans, commercial and industrial loans, public and single tenant lease financing, investor commercial real estate and construction loans, lines of credit, term loans, owner-occupied commercial real estate loans, letters of credit, and municipal lending and leasing products, as well as corporate credit card and treasury management services. The company offers its services through its Website, firstib.com. First Internet Bancorp was founded in 1999 and is based in Fishers, Indiana.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:INBK
Previous Symbol
CUSIPN/A
Phone317-532-7900

Debt

Debt-to-Equity Ratio1.60
Current Ratio1.06
Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio9.03
Forward P/E Ratio8.36
P/E GrowthN/A

Sales & Book Value

Annual Sales$95.24 million
Price / Sales2.31
Cash Flow$2.5969 per share
Price / Cash Flow8.31
Book Value$26.65 per share
Price / Book0.81

Profitability

EPS (Most Recent Fiscal Year)$2.39
Net Income$15.22 million
Net Margins18.57%
Return on Equity9.29%
Return on Assets0.79%

Miscellaneous

Employees206
Outstanding Shares10,180,000
Market Cap$225.01 million
OptionableNot Optionable

First Internet Bancorp (NASDAQ:INBK) Frequently Asked Questions

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 announced a quarterly dividend on Tuesday, September 18th. Stockholders of record on Friday, September 28th will be paid a dividend of $0.06 per share on Monday, October 15th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Thursday, September 27th. View First Internet Bancorp's Dividend History.

How were First Internet Bancorp's earnings last quarter?

First Internet Bancorp (NASDAQ:INBK) released its quarterly earnings results on Wednesday, October, 24th. The bank reported $0.61 earnings per share for the quarter, hitting analysts' consensus estimates of $0.61. The bank had revenue of $17.96 million for the quarter, compared to analysts' expectations of $18.50 million. First Internet Bancorp had a return on equity of 9.29% and a net margin of 18.57%. View First Internet Bancorp's Earnings History.

When is First Internet Bancorp's next earnings date?

First Internet Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, January 17th 2019. View Earnings Estimates for First Internet Bancorp.

What price target have analysts set for INBK?

4 Wall Street analysts have issued 1 year target prices for First Internet Bancorp's shares. Their forecasts range from $30.00 to $45.00. On average, they anticipate First Internet Bancorp's stock price to reach $39.3333 in the next twelve months. This suggests a possible upside of 82.3% from the stock's current price. View Analyst Price Targets for First Internet Bancorp.

What is the consensus analysts' recommendation for First Internet Bancorp?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Internet Bancorp in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Internet Bancorp.

What are Wall Street 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. " (10/30/2018)
  • 2. Maxim Group analysts commented, "INBK reported 3Q18 EPS of $0.61, matching consensus. While loan growth was strong (5.1% linked-quarter), it represented a slowdown from the average of recent quarters. More importantly, the NIM was down 10bps." (10/26/2018)

Has First Internet Bancorp been receiving favorable news coverage?

Media coverage about INBK stock has been trending somewhat negative on Saturday, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. First Internet Bancorp earned a news impact score of -1.7 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

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:
  • Mr. David B. Becker, Chairman, Pres & CEO (Age 65)
  • Mr. Kenneth J. Lovik, Exec. VP & CFO (Age 48)
  • Ms. Nicole S. Lorch, Exec. VP & COO (Age 44)
  • Mr. C. Charles Perfetti, Exec. VP & Sec. (Age 74)
  • Ms. Paula Deemer, Exec. Assistant

Who are First Internet Bancorp's major shareholders?

First Internet Bancorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Stieven Capital Advisors L.P. (8.08%), Vanguard Group Inc. (5.11%), Vanguard Group Inc (5.11%), BlackRock Inc. (5.04%), Heartland Advisors Inc. (4.16%) and Dimensional Fund Advisors LP (3.36%). 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.

Which institutional investors are selling First Internet Bancorp stock?

INBK stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Russell Investments Group Ltd., Essex Investment Management Co. LLC, Thomson Horstmann & Bryant Inc., JBF Capital Inc., ClariVest Asset Management LLC, RBF Capital LLC and Wells Fargo & Company MN. View Insider Buying and Selling for First Internet Bancorp.

Which institutional investors are buying First Internet Bancorp stock?

INBK stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, BlackRock Inc., Connors Investor Services Inc., Vanguard Group Inc, Vanguard Group Inc., Systematic Financial Management LP, Foundry Partners LLC and Heartland Advisors Inc.. 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 shares of First Internet Bancorp?

Shares of INBK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 INBK stock can currently be purchased for approximately $21.58.

How big of a company is First Internet Bancorp?

First Internet Bancorp has a market capitalization of $225.01 million and generates $95.24 million in revenue each year. The bank earns $15.22 million in net income (profit) each year or $2.39 on an earnings per share basis. First Internet Bancorp employs 206 workers across the globe.

What is First Internet Bancorp's official website?

The official website for First Internet Bancorp is http://www.firstinternetbancorp.com.

How can I contact First Internet Bancorp?

First Internet Bancorp's mailing address is 11201 USA PARKWAY, FISHERS IN, 46037. The bank can be reached via phone at 317-532-7900 or via email at [email protected]


MarketBeat Community Rating for First Internet Bancorp (NASDAQ INBK)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  159 (Vote Outperform)
Underperform Votes:  120 (Vote Underperform)
Total Votes:  279
MarketBeat's community ratings are surveys of what our community members think about First Internet Bancorp and other stocks. Vote "Outperform" if you believe INBK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INBK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2018 by MarketBeat.com Staff

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