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"Prepare for Five Years of Famine" (Ad)
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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
"Prepare for Five Years of Famine" (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
"Prepare for Five Years of Famine" (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
"Prepare for Five Years of Famine" (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
"Prepare for Five Years of Famine" (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
"Prepare for Five Years of Famine" (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
"Prepare for Five Years of Famine" (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
NASDAQ:INBK

First Internet Bancorp - INBK Stock Forecast, Price & News

$17.04
-0.52 (-2.96%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$16.96
$18.10
50-Day Range
$17.04
$28.09
52-Week Range
$16.96
$46.39
Volume
88,379 shs
Average Volume
44,969 shs
Market Capitalization
$152.51 million
P/E Ratio
4.61
Dividend Yield
1.41%
Price Target
$32.50

First Internet Bancorp MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
90.7% Upside
$32.50 Price Target
Short Interest
Healthy
1.01% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.57mentions of First Internet Bancorp in the last 14 days
Based on 11 Articles This Week
Insider Trading
Acquiring Shares
$46,890 Bought Last Quarter
Proj. Earnings Growth
34.22%
From $2.25 to $3.02 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.03 out of 5 stars

Finance Sector

127th out of 883 stocks

State Commercial Banks Industry

35th out of 184 stocks


INBK stock logo

About First Internet Bancorp (NASDAQ:INBK) Stock

First Internet Bancorp engages in the provision of online commercial and retail banking products and services. It offers first-lien residential mortgage loans, consumer loans and credit cards & CRE loans in Indiana and other parts of the midwest in the form of office, retail, industrial, and multifamily loans, with credit tenant lease financing. The company was founded on September 15, 2005 and is headquartered in Indianapolis, IN.

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INBK Stock News Headlines

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The First Internet Connection
First Internet Bancorp (INBK) Q4 Earnings Miss Estimates
First Internet Bancorp Authorizes Stock Repurchase Program
See More Headlines
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INBK Company Calendar

Ex-Dividend for 1/17 Dividend
12/29/2022
Dividend Payable
1/17/2023
Last Earnings
1/25/2023
Today
3/25/2023
Ex-Dividend for 4/17 Dividend
3/30/2023
Dividend Payable
4/17/2023
Next Earnings (Estimated)
4/19/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:INBK
Employees
282
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$32.50
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+90.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$35.54 million
Pretax Margin
22.51%

Debt

Sales & Book Value

Annual Sales
$178.16 million
Cash Flow
$4.50 per share
Book Value
$39.50 per share

Miscellaneous

Free Float
8,305,000
Market Cap
$152.51 million
Optionable
Not Optionable
Beta
0.54

Key Executives

  • David B. BeckerDavid B. Becker
    Chairman & Chief Executive Officer
  • Nicole S. Lorch
    President, Chief Operating Officer & Secretary
  • Kenneth J. Lovik
    Chief Financial Officer & Executive Vice President
  • Paula Deemer
    Director-Corporate Administration
  • Genevieve Lua
    Vice President-Business Development Officer













INBK Stock - Frequently Asked Questions

Should I buy or sell First Internet Bancorp stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Internet Bancorp in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" INBK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INBK, but not buy additional shares or sell existing shares.
View INBK analyst ratings
or view top-rated stocks.

What is First Internet Bancorp's stock price forecast for 2023?

4 analysts have issued 12 month price objectives for First Internet Bancorp's shares. Their INBK share price forecasts range from $30.00 to $38.00. On average, they expect the company's share price to reach $32.50 in the next year. This suggests a possible upside of 90.7% from the stock's current price.
View analysts price targets for INBK
or view top-rated stocks among Wall Street analysts.

How have INBK shares performed in 2023?

First Internet Bancorp's stock was trading at $24.28 at the beginning of 2023. Since then, INBK stock has decreased by 29.8% and is now trading at $17.04.
View the best growth stocks for 2023 here
.

When is First Internet Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
View our INBK earnings forecast
.

How were First Internet Bancorp's earnings last quarter?

First Internet Bancorp (NASDAQ:INBK) issued its quarterly earnings data on Wednesday, January, 25th. The bank reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.73 by $0.05. The bank earned $27.48 million during the quarter, compared to analysts' expectations of $26.70 million. First Internet Bancorp had a trailing twelve-month return on equity of 10.15% and a net margin of 19.95%.

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, March 21st. Stockholders of record on Friday, March 31st will be paid a dividend of $0.06 per share on Monday, April 17th. This represents a $0.24 annualized dividend and a dividend yield of 1.41%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for INBK
.

What ETFs hold First Internet Bancorp's stock?

ETFs with the largest weight of First Internet Bancorp (NASDAQ:INBK) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA).

Is First Internet Bancorp a good dividend stock?

First Internet Bancorp (NASDAQ:INBK) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.27%. The dividend payout ratio is 6.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INBK will have a dividend payout ratio of 7.95% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for INBK.

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.

What other stocks do shareholders of First Internet Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Enterprise Products Partners (EPD), Gilead Sciences (GILD), Gold Resource (GORO) and iRobot (IRBT).

What is First Internet Bancorp's stock symbol?

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

Who are First Internet Bancorp's major shareholders?

First Internet Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.11%), Stieven Capital Advisors L.P. (4.32%), Banc Funds Co. LLC (4.22%), Heartland Advisors Inc. (3.86%), Geode Capital Management LLC (1.95%) and Patriot Financial Partners GP LP (1.65%). Insiders that own company stock include Aasif M Bade, Ann C Dee, David B Becker, David B Becker, Jerry L Williams, Justin P Christian and Nicole S Lorch.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is First Internet Bancorp's stock price today?

One share of INBK stock can currently be purchased for approximately $17.04.

How much money does First Internet Bancorp make?

First Internet Bancorp (NASDAQ:INBK) has a market capitalization of $152.51 million and generates $178.16 million in revenue each year. The bank earns $35.54 million in net income (profit) each year or $3.70 on an earnings per share basis.

How many employees does First Internet Bancorp have?

The company employs 282 workers across the globe.

How can I contact First Internet Bancorp?

First Internet Bancorp's mailing address is 11201 USA PARKWAY, FISHERS IN, 46037. The official website for the company is www.firstinternetbancorp.com. The bank can be reached via phone at (317) 532-7900, via email at investors@firstib.com, or via fax at 317-532-7901.

This page (NASDAQ:INBK) was last updated on 3/25/2023 by MarketBeat.com Staff