First Internet Bancorp (INBK)

NASDAQ: INBK · Real-Time Price · USD
32.86
-0.56 (-1.68%)
Jan 30, 2025, 4:00 PM EST - Market closed
-1.68%
Market Cap 284.83M
Revenue (ttm) 117.65M
Net Income (ttm) 25.28M
Shares Out 8.67M
EPS (ttm) 2.88
PE Ratio 11.41
Forward PE 8.00
Dividend $0.24 (0.73%)
Ex-Dividend Date Dec 31, 2024
Volume 25,650
Open 33.95
Previous Close 33.42
Day's Range 32.26 - 34.21
52-Week Range 24.18 - 43.26
Beta 0.74
Analysts Buy
Price Target 41.00 (+24.77%)
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]

Sector Financials
Founded 1999
Employees 290
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 3 analysts, the average rating for INBK stock is "Buy." The 12-month stock price forecast is $41.0, which is an increase of 24.77% from the latest price.

Price Target
$41.0
(24.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

7 days 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...

8 days 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...

21 days 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...

22 days 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...

27 days ago - Seeking Alpha

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...

6 weeks ago - Business Wire

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...

3 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...

3 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...

4 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.

4 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 ...

6 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...

6 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...

7 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...

7 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...

10 months 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...

10 months 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...

10 months 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

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 ...

1 year ago - Seeking Alpha

First Internet Bancorp (INBK) Q3 2023 Earnings Call Transcript

First Internet Bancorp (INBK) Q3 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire