First Internet Bancorp (INBK)
| Market Cap | 256.23M |
| Revenue (ttm) | 119.44M |
| Net Income (ttm) | 41.67M |
| Shares Out | 9.24M |
| EPS (ttm) | 4.27 |
| PE Ratio | 6.49 |
| Forward PE | 12.80 |
| Dividend | $0.24 (0.87%) |
| Ex-Dividend Date | Sep 29, 2022 |
| Volume | 54,223 |
| Open | 27.48 |
| Previous Close | 27.37 |
| Day's Range | 27.30 - 28.00 |
| 52-Week Range | 22.01 - 51.21 |
| Beta | 0.52 |
| Analysts | Buy |
| Price Target | 29.99 (+8.15%) |
| Earnings Date | Jan 26, 2023 |
About INBK
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial and retail banking products and services to individuals and commercial customers in the United States. The company accepts non-interest bearing and interest-bearing demand deposit, savings, money market, and brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real estate, construction, residential mortgage, home equity and improvement, ... [Read more]
Financial Performance
In 2021, INBK's revenue was $118.37 million, an increase of 29.29% compared to the previous year's $91.55 million. Earnings were $48.11 million, an increase of 63.36%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for INBK stock is "Buy." The 12-month stock price forecast is $29.99, which is an increase of 8.15% from the latest price.
News
First Internet Bancorp (INBK) Q4 Earnings Miss Estimates
First Internet (INBK) delivered earnings and revenue surprises of -6.85% and 2.91%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
First Internet Bancorp Reports Fourth Quarter and Full Year 2022 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 Bank Continues SBA Team Growth, Adds Senior Business Development Officer
FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bank announced today that Alan Peterson has joined the organization as Vice President, Senior Business Development Officer. The newest member of the Sm...
First Internet Bancorp to Announce Fourth Quarter 2022 Financial Results on Wednesday, January 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 fourth ...
First Internet Bancorp Authorizes Stock Repurchase Program
FISHERS, Ind.--(BUSINESS WIRE)--The Board of Directors of First Internet Bancorp (the “Company”) (Nasdaq: INBK) has authorized a new stock repurchase program (the “Program”) with an aggregate purcha...
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...
First Internet Bank Named “Best Bank” for the Tenth Consecutive Year
FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bank has been named one of the Best Banks to Work For by American Banker and Best Companies Group. This marks the tenth consecutive year the Bank has b...
Experienced SBA Business Development Officer Joins First Internet Bank
FISHERS, Ind.
First Internet Bancorp (INBK) Misses Q3 Earnings and Revenue Estimates
First Internet (INBK) delivered earnings and revenue surprises of -22.61% and 10.55%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
First Internet Bancorp Reports Third Quarter 2022 Results
FISHERS, Ind.
Experienced Senior Credit Officer Joins First Internet Bank Small Business Administration Team
FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank announced today that David Bybee has joined its Small Business Administration (SBA) lending team as Vice President, Senior Credit Officer. In...
First Internet Bancorp to Announce Third Quarter 2022 Financial Results on Wednesday, October 19
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...
Business Development Officer Joins First Internet Bank SBA Team
FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank announced today that Will Tinsley has joined its Small Business Administration (SBA) Lending team as Vice President, Senior Business Developm...
First Internet Bank Executive to Lead Women in Public Finance Indiana Chapter
FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank today announced that Vice President, Portfolio Manager, Public Finance Kathryn “Katy” Clayton has been named President of the Board of Direct...
First Internet Bank Launches Do More Business™ Checking
FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank announced today it has launched Do More Business™ Checking, an account designed to help small business owners accomplish more in less time. A...
First Internet Bank Adds New Senior Business Development Officer to SBA Lending Team
FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank announced today the addition of Paul DePasquale to its Small Business Administration (SBA) Lending team as Vice President, Senior Business De...
First Internet Bancorp (INBK) Q2 Earnings and Revenues Miss Estimates
First Internet (INBK) delivered earnings and revenue surprises of -10% and 3.40%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
First Internet Bancorp Reports Second Quarter 2022 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 (INBK) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
First Internet (INBK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Will First Internet (INBK) Gain on Rising Earnings Estimates?
First Internet (INBK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Does First Internet (INBK) Have the Potential to Rally 44% as Wall Street Analysts Expect?
The consensus price target hints at a 43.6% upside potential for First Internet (INBK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings es...
First Internet Bancorp to Announce Second Quarter 2022 Financial Results on Wednesday, July 20
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...
New Community Development Officer Joins First Internet Bank
FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank has announced the addition of Nicole Woodson as Vice President, Community Reinvestment Act (CRA) and Community Development Officer. In this r...
First Internet Bank Takes Action to Lessen Inflationary Impact for Employees
FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bank announced today that it has raised its minimum hourly wage for full-time employees to $20.00. The move is in response to rising inflationary economi...
First Internet Bank Named 2022 Top Workplace by Indianapolis Star
FISHERS, Ind.--(BUSINESS WIRE)--For First Internet Bank, the streak of being named one of The Indianapolis Star's “Top Workplaces in Central Indiana” has reached its ninth consecutive year. The bank p...