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S&P 500   3,829.34
DOW   31,402.01
QQQ   312.83
S&P 500   3,829.34
DOW   31,402.01
QQQ   312.83
S&P 500   3,829.34
DOW   31,402.01
QQQ   312.83
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NASDAQ:INBK

First Internet Bancorp Stock Forecast, Price & News

$33.10
-1.04 (-3.05 %)
(As of 02/25/2021 12:00 AM ET)
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Today's Range
$33.05
Now: $33.10
$34.16
50-Day Range
$30.06
MA: $31.70
$34.14
52-Week Range
$10.47
Now: $33.10
$34.75
Volume23,826 shs
Average Volume34,703 shs
Market Capitalization$324.41 million
P/E Ratio12.73
Dividend Yield0.70%
Beta0.79
First Internet Bancorp operates as the 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 and money market accounts, non-interest bearing and interest-bearing demand deposits, brokered deposit accounts, and certificates of deposit. It also provides commercial and industrial, owner-occupied commercial real estate, investor commercial real estate, construction, residential mortgage, home equity, small installment, home improvement, term, and other consumer loans, as well as single tenant lease financing, public and healthcare finance, lines of credit, and letters of credit to individuals and commercial customers. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and offers municipal lending and leasing products to government entities. In addition, it provides 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.
First Internet Bancorp logo

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:INBK
CUSIPN/A
Phone317-532-7900
Employees227
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$164.20 million
Cash Flow$3.70 per share
Book Value$31.30 per share

Profitability

Net Income$25.24 million

Miscellaneous

Market Cap$324.41 million
Next Earnings Date4/28/2021 (Estimated)
OptionableNot Optionable

MarketRank

Overall MarketRank

2.32 out of 5 stars

Finance Sector

71st out of 1,931 stocks

State Commercial Banks Industry

9th out of 308 stocks

Analyst Opinion: 1.5Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 3.3Valuation: 2.5 5 -4 -3 -2 -1 -
$33.10
-1.04 (-3.05 %)
(As of 02/25/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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First Internet Bancorp (NASDAQ:INBK) Frequently Asked Questions

Is First Internet Bancorp a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Internet Bancorp in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" First Internet Bancorp stock.
View analyst ratings for First Internet Bancorp
or view top-rated stocks.

What stocks does MarketBeat like better than First Internet Bancorp?

Wall Street analysts have given First Internet Bancorp a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Internet Bancorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is First Internet Bancorp's next earnings date?

First Internet Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for First Internet Bancorp
.

How were First Internet Bancorp's earnings last quarter?

First Internet Bancorp (NASDAQ:INBK) announced its earnings results on Thursday, January, 21st. The bank reported $1.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.85 by $0.27. The bank earned $31.52 million during the quarter, compared to analyst estimates of $27.17 million. First Internet Bancorp had a net margin of 14.96% and a trailing twelve-month return on equity of 8.77%.
View First Internet Bancorp's earnings history
.

How has First Internet Bancorp's stock price been impacted by Coronavirus?

First Internet Bancorp's stock was trading at $18.74 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, INBK shares have increased by 76.6% and is now trading at $33.10.
View which stocks have been most impacted by COVID-19
.

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 Monday, December 21st. Stockholders of record on Thursday, December 31st will be given a dividend of $0.06 per share on Friday, January 15th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date of this dividend is Wednesday, December 30th.
View First Internet Bancorp's dividend history
.

Is First Internet Bancorp a good dividend stock?

First Internet Bancorp pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.70%. First Internet Bancorp does not yet have a strock track record of dividend growth. The dividend payout ratio of First Internet Bancorp is 9.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Internet Bancorp will have a dividend payout ratio of 7.41% next year. This indicates that First Internet Bancorp will be able to sustain or increase its dividend.
View First Internet Bancorp's dividend history.

What price target have analysts set for INBK?

3 analysts have issued 1 year price targets for First Internet Bancorp's shares. Their forecasts range from $30.00 to $36.00. On average, they expect First Internet Bancorp's stock price to reach $32.00 in the next year. This suggests that the stock has a possible downside of 3.3%.
View analysts' price targets for First Internet Bancorp
or view top-rated stocks among Wall Street analysts.

Who are First Internet Bancorp's key executives?

First Internet Bancorp's management team includes the following people:
  • Mr. David B. Becker, Chairman, Pres & CEO (Age 68, Pay $980.38k)
  • Mr. Kenneth J. Lovik, Exec. VP & CFO (Age 51, Pay $413.68k)
  • Ms. Nicole S. Lorch, Exec. VP & COO (Age 47, Pay $419.95k)
  • Mr. C. Charles Perfetti, Exec. VP & Sec. (Age 77, Pay $323.39k)
  • Ms. Paula Deemer, Exec. Assistant
  • Mr. Kevin B. Quinn, Sr. VP of Retail Lending - First Internet Bank
  • Mr. Timothy C. Dusing, Sr. VP of Public Fin. - First Internet Bank

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

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

Who are some of First Internet Bancorp's key competitors?

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.44%), Dimensional Fund Advisors LP (6.19%), Kennedy Capital Management Inc. (4.01%), Heartland Advisors Inc. (3.72%), Banc Funds Co. LLC (3.60%) and Brandywine Global Investment Management LLC (2.19%). Company insiders that own First Internet Bancorp stock include David B Becker, Jerry L Williams, John K Keach Jr and Nicole S Lorch.
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 First Midwest Bank Trust Division, Seizert Capital Partners LLC, Victory Capital Management Inc., State of Wisconsin Investment Board, Strs Ohio, Heartland Advisors Inc., Second Curve Capital LLC, and Northern Trust Corp.
View insider buying and selling activity for First Internet Bancorp
or view top insider-selling stocks.

Which institutional investors are buying First Internet Bancorp stock?

INBK stock was purchased by a variety of institutional investors in the last quarter, including Knights of Columbus Asset Advisors LLC, BlackRock Inc., Kennedy Capital Management Inc., Renaissance Technologies LLC, Russell Investments Group Ltd., Banc Funds Co. LLC, Squarepoint Ops LLC, and JPMorgan Chase & Co.. Company insiders that have bought First Internet Bancorp stock in the last two years include David B Becker, Jerry L Williams, John K Keach Jr, and Nicole S Lorch.
View insider buying and selling activity for First Internet Bancorp
or or view top insider-buying stocks.

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 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 $33.10.

How much money does First Internet Bancorp make?

First Internet Bancorp has a market capitalization of $324.41 million and generates $164.20 million in revenue each year. The bank earns $25.24 million in net income (profit) each year or $2.51 on an earnings per share basis.

How many employees does First Internet Bancorp have?

First Internet Bancorp employs 227 workers across the globe.

What is First Internet Bancorp's official website?

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

Where are First Internet Bancorp's headquarters?

First Internet Bancorp is headquartered at 11201 USA PARKWAY, FISHERS IN, 46037.

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]


This page was last updated on 2/26/2021 by MarketBeat.com Staff

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