First Internet Bancorp (INBK)
| Market Cap | 311.18M |
| Revenue (ttm) | 108.98M |
| Net Income (ttm) | 22.09M |
| Shares Out | 8.67M |
| EPS (ttm) | 2.53 |
| PE Ratio | 14.21 |
| Forward PE | 9.21 |
| Dividend | $0.24 (0.67%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 32,260 |
| Open | 36.16 |
| Previous Close | 35.48 |
| Day's Range | 35.90 - 36.72 |
| 52-Week Range | 24.18 - 43.26 |
| Beta | 0.74 |
| Analysts | Buy |
| Price Target | 41.13 (+14.57%) |
| Earnings Date | Jan 22, 2025 |
About INBK
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States. The company accepts non-interest bearing and interest-bearing demand deposit, commercial deposit, savings, money market, and Banking-as-a-Service brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real es... [Read more]
Financial Performance
In 2023, First Internet Bancorp's revenue was $84.38 million, a decrease of -25.58% compared to the previous year's $113.37 million. Earnings were $8.42 million, a decrease of -76.32%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for INBK stock is "Buy." The 12-month stock price forecast is $41.13, which is an increase of 14.57% from the latest price.
News
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...
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...
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...
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...
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...
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...
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...
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.
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 ...
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...
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...
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...
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...
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...
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...
First Internet Bancorp (INBK) Q4 2023 Earnings Call Transcript
First Internet Bancorp (INBK) Q4 2023 Earnings Call Transcript
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...
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...
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...
Ten Community Banks Trading At More Than 35% Below Tangible Book
Bank stocks started rallying in May but then fell back creating new opportunities. Ten community bank stocks trading below 65% of tangible book value are reviewed, highlighting their risk factors and ...
First Internet Bancorp (INBK) Q3 2023 Earnings Call Transcript
First Internet Bancorp (INBK) Q3 2023 Earnings Call Transcript
First Internet Bancorp Reports Third Quarter 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...
First Internet Bancorp to Announce Third Quarter 2023 Financial Results on Wednesday, October 25
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...
First Internet Bancorp (INBK) Q2 2023 Earnings Call Transcript
First Internet Bancorp (NASDAQ:INBK) Q2 2023 Earnings Conference Call July 27, 2023 2:00 PM ET Company Participants Larry Clark – Financial Profiles, Inc. David Becker – Chairman and Chief Executive ...
First Internet Bancorp Reports Second Quarter 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...