First Internet Bancorp (INBK)

NASDAQ: INBK · Real-Time Price · USD
23.76
-0.84 (-3.41%)
Apr 4, 2025, 4:00 PM EDT - Market closed
-3.41%
Market Cap 206.64M
Revenue (ttm) 117.65M
Net Income (ttm) 25.28M
Shares Out 8.70M
EPS (ttm) 2.88
PE Ratio 8.25
Forward PE 5.78
Dividend $0.24 (1.01%)
Ex-Dividend Date Mar 31, 2025
Volume 46,420
Open 23.80
Previous Close 24.60
Day's Range 22.48 - 24.06
52-Week Range 22.22 - 43.26
Beta 0.53
Analysts Buy
Price Target 40.50 (+70.46%)
Earnings Date Apr 23, 2025

About INBK

First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides various commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States. The company offers noninterest-bearing and interest-bearing demand deposits, savings accounts, and money market accounts, as well as certificates of deposit and brokered deposits. It also provides commercial and industrial, owner-occupied commercial real estate, investor commercial real e... [Read more]

Sector Financials
Founded 1999
Employees 326
Stock Exchange NASDAQ
Ticker Symbol INBK
Full Company Profile

Financial Performance

In 2024, First Internet Bancorp's revenue was $117.65 million, an increase of 39.44% compared to the previous year's $84.38 million. Earnings were $25.28 million, an increase of 200.30%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for INBK stock is "Buy." The 12-month stock price forecast is $40.5, which is an increase of 70.46% from the latest price.

Price Target
$40.5
(70.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

First Internet Bancorp to Pay Cash Dividend

FISHERS, Ind.--(BUSINESS WIRE)--The Board of Directors of First Internet Bancorp (the “Company”) (Nasdaq: INBK) has declared a quarterly cash dividend of $0.06 per common share. The dividend will be p...

17 days ago - Business Wire

First Internet Bank Welcomes Blake Sanderson as Commercial Real Estate Leader

FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank today announced that J. Blake Sanderson has joined the organization as First Vice President, Commercial Real Estate Acquisition, Development ...

4 weeks ago - Business Wire

First Internet Bank Promotes David Bybee to Lead SBA Lending Team

FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank announced today that David Bybee has been promoted to the newly created role of Senior Vice President, Government Guaranteed Lending. In his ...

5 weeks ago - Business Wire

First Internet Bank Expands Small Business Administration Lending Team

FISHERS, In.--(BUSINESS WIRE)-- #SBA--First Internet Bank announced today that Austin Porter has joined the organization as Vice President, Business Development Officer. He joins the Bank's growing Sm...

2 months ago - Business Wire

First Internet Bank Named 2024 Online Lender of the Year by Coleman Report

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bank announced today that it has been named the 2024 Online Lender of the Year by Coleman Report, a leading publication in the small business lending ind...

2 months ago - Business Wire

First Internet Bancorp (INBK) Q4 2024 Earnings Call Transcript

First Internet Bancorp (NASDAQ:INBK) Q4 2024 Earnings Conference Call January 23, 2024 2:00 PM ET Company Participants Ben Brodkowitz - Financial Profiles, Inc. David Becker - Chairman & CEO Ken Lovi...

2 months ago - Seeking Alpha

First Internet Bancorp Reports Fourth Quarter and Full Year 2024 Results

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the...

2 months ago - Business Wire

First Internet Bank Recognized in GOBankingRates 2025 Best Banks Awards

FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank announced today that it has been included in GOBankingRates' 2025 Best Banks Awards. The bank received accolades in four categories: Best Che...

3 months ago - Business Wire

First Internet Bancorp to Announce Fourth Quarter 2024 Financial Results on Wednesday, January 22

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its fourth qu...

3 months ago - Business Wire

First Internet Bancorp: Floating Debt Securities Offer High Single-Digit Yield

First Internet Bancorp's Q3 results show strong net interest income growth and significant profits from loan sales, despite higher loan loss provisions. The bank's baby bond, now offering a floating r...

3 months ago - Seeking Alpha

First Internet Bancorp (INBK) Q3 2024 Earnings Call Transcript

First Internet Bancorp (NASDAQ:INBK) Q3 2024 Earnings Conference Call October 24, 2024 2:00 PM ET Company Participants Ben Brodkowitz - Financial Profiles, Inc. David Becker - Chairman & Chief Execut...

5 months ago - Seeking Alpha

First Internet Bancorp Reports Third Quarter 2024 Results

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the...

5 months ago - Business Wire

First Internet Bancorp to Announce Third Quarter 2024 Financial Results on Wednesday, October 23

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its third qua...

6 months ago - Business Wire

First Internet Bancorp (INBK) Shares Gap Down to $32.06 on Oct 2

Shares of First Internet Bancorp (INBK, Financial) fell 3.46% in mid-day trading on Oct 2. The stock reached an intraday low of $32.06, down from its previous close of $33.21.

6 months ago - GuruFocus

First Internet Bancorp (INBK) Q2 2024 Earnings Call Transcript

First Internet Bancorp (NASDAQ:INBK) Q2 2024 Earnings Conference Call July 25, 2024 2:00 PM ET Company Participants Larry Clark – Financial Profiles, Inc. David Becker – Chairman and Chief Executive ...

9 months ago - Seeking Alpha

First Internet Bancorp Reports Second Quarter 2024 Results

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the...

9 months ago - Business Wire

First Internet Bancorp to Announce Second Quarter 2024 Financial Results on Wednesday, July 24

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its second qu...

9 months ago - Business Wire

First Internet Bancorp: Bottoming Net Interest Margin Bodes Well For The Future

First Internet Bancorp's net interest margin is improving, hopefully leading to increased net interest income and profitability. The bank's loan book shows decent diversification with minimal exposure...

9 months ago - Seeking Alpha

First Internet Bancorp (INBK) Q1 2024 Earnings Call Transcript

First Internet Bancorp (NASDAQ:INBK) Q1 2024 Results Conference Call April 24, 2024 2:00 PM ET Company Participants Larry Clark - Senior Vice President, Financial Profiles, Inc. David Becker - Chairm...

1 year ago - Seeking Alpha

First Internet Bancorp Reports First Quarter 2024 Results

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the...

1 year ago - Business Wire

First Internet Bancorp to Announce First Quarter 2024 Financial Results on Wednesday, April 24

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its first qua...

1 year ago - Business Wire

First Internet Bancorp (INBK) Q4 2023 Earnings Call Transcript

First Internet Bancorp (INBK) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

First Internet Bancorp Reports Fourth Quarter and Full Year 2023 Results

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the...

1 year ago - Business Wire

First Internet Bancorp to Announce Fourth Quarter 2023 Financial Results on Wednesday, January 24

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (www.firstib.com), announced today that it plans to issue its fourth qu...

1 year ago - Business Wire

First Internet Bancorp to Pay Cash Dividend; Extends Stock Repurchase Program

FISHERS, Ind.--(BUSINESS WIRE)--The Board of Directors of First Internet Bancorp (the “Company”) (Nasdaq: INBK) has declared a quarterly cash dividend of $0.06 per common share. The dividend will be p...

1 year ago - Business Wire