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

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$30.95 -0.30 (-0.96 %)
(As of 08/21/2018 04:07 AM ET)
Previous Close$31.25
Today's Range$30.55 - $31.40
52-Week Range$28.90 - $42.40
Volume146,800 shs
Average Volume48,424 shs
Market Capitalization$319.20 million
P/E Ratio12.97
Dividend Yield0.77%
First Internet Bancorp logoFirst 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, 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


Debt-to-Equity Ratio1.50
Current Ratio1.05
Quick Ratio1.04


Trailing P/E Ratio12.97
Forward P/E Ratio11.95
P/E GrowthN/A

Sales & Book Value

Annual Sales$95.24 million
Price / Sales3.31
Cash Flow$2.6251 per share
Price / Cash11.79
Book Value$26.65 per share
Price / Book1.16


EPS (Most Recent Fiscal Year)$2.39
Net Income$15.22 million
Net Margins18.39%
Return on Equity9.36%
Return on Assets0.78%


Outstanding Shares10,180,000
Market Cap$319.20 million

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 Wednesday, June 20th. Shareholders of record on Friday, June 29th will be paid a dividend of $0.06 per share on Monday, July 16th. This represents a $0.24 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, June 28th. 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 results on Friday, July, 20th. The bank reported $0.67 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.70 by $0.03. The bank earned $17.64 million during the quarter, compared to analyst estimates of $20.03 million. First Internet Bancorp had a return on equity of 9.36% and a net margin of 18.39%. 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, October, 18th 2018. View Earnings Estimates for First Internet Bancorp.

What price target have analysts set for INBK?

5 brokerages have issued twelve-month price targets for First Internet Bancorp's stock. Their predictions range from $43.00 to $50.00. On average, they expect First Internet Bancorp's stock price to reach $45.20 in the next twelve months. This suggests a possible upside of 46.0% from the stock's current price. View Analyst Price Targets for First Internet Bancorp.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Internet Bancorp in the last year. There are currently 5 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. " (4/25/2018)
  • 2. Maxim Group analysts commented, "INBK reported 1Q18 EPS of $0.71, beating consensus of $0.69. The NIM was down 18bps, largely due to the effect of the new tax law on tax-advantaged income. However, this was more than we had anticipated. Based on NIM compression and slower loan growth in 1Q18 than we had expected, we are lowering our 2018 EPS estimate to $2.75, from $3.00. Based on our new 2018 EPS estimate, we are lowering our price target to $41, from $46. Our new price target equates to a 2018E P/E multiple of 14.9x, which is inline with small-cap peers. While INBK’s loan growth slowed in 1Q18, we still expect 27% loan growth for 2018. This gives the company a strong growth profile relative to peers, and is a key reason for our Buy rating." (4/20/2018)

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

Has First Internet Bancorp been receiving favorable news coverage?

Media stories about INBK stock have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. First Internet Bancorp earned a daily sentiment score of 0.09 on Accern's scale. They also assigned news stories about the bank an impact score of 47.21 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for First Internet Bancorp.

Who are First Internet Bancorp's major shareholders?

First Internet Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.33%), Heartland Advisors Inc. (4.01%), Emerald Mutual Fund Advisers Trust (2.72%), Dimensional Fund Advisors LP (2.54%), Foundry Partners LLC (1.95%) and Argent Capital Management LLC (1.41%). 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 Mackay Shields LLC and ClariVest Asset Management LLC. View Insider Buying and Selling for First Internet Bancorp.

Which institutional investors are buying First Internet Bancorp stock?

INBK stock was purchased by a variety of institutional investors in the last quarter, including Emerald Mutual Fund Advisers Trust, Dimensional Fund Advisors LP, Heartland Advisors Inc., State of Wisconsin Investment Board, Penn Capital Management Co. Inc., Renaissance Technologies LLC, Millennium Management LLC and Essex Investment Management Co. LLC. 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 $30.95.

How big of a company is First Internet Bancorp?

First Internet Bancorp has a market capitalization of $319.20 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.

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:  135 (Vote Outperform)
Underperform Votes:  107 (Vote Underperform)
Total Votes:  242
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 8/21/2018 by Staff

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