First Internet Bancorp (INBK)

NASDAQ: INBK · IEX Real-Time Price · USD
52.64 0.54 (1.04%)
Jan 18, 2022 4:00 PM EST - Market closed
Market Cap518.72M
Revenue (ttm)115.59M
Net Income (ttm)46.73M
Shares Out9.85M
EPS (ttm)4.69
PE Ratio11.23
Forward PE10.15
Dividend$0.24 (0.46%)
Ex-Dividend DateDec 30, 2021
Volume61,903
Open52.15
Previous Close52.10
Day's Range51.59 - 53.44
52-Week Range28.05 - 53.44
Beta0.78
AnalystsStrong Buy
Price Target56.20 (+6.8%)
Earnings Daten/a

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 accept 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, s...

IndustryBanks
Founded1999
CEODavid Becker
Employees255
Stock ExchangeNASDAQ
Ticker SymbolINBK
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for INBK stock is "Strong Buy." The 12-month stock price forecast is 56.20, which is an increase of 6.76% from the latest price.

Price Target
$56.20
(6.76% upside)
Analyst Consensus: Strong Buy

News

First Internet Bank Expands Banking as a Service Capabilities

FISHERS, Ind.--(BUSINESS WIRE)-- #fintech--Today, First Internet Bank announced a formal agreement with Synctera, a leading consultant, technology platform and matchmaker for bank/fintech partnerships. ...

20 hours ago - Business Wire

Here's Why Momentum in First Internet (INBK) Should Keep going

First Internet (INBK) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through o...

5 days ago - Zacks Investment Research

First Internet Bancorp (INBK) Earnings Expected to Grow: Should You Buy?

First Internet (INBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 days ago - Zacks Investment Research

First Internet Bancorp to Announce Fourth Quarter 2021 Financial Results on Wednesday, January 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 fourth quar...

1 week ago - Business Wire

First Internet Bancorp Announces Extension of Exchange Offer for 3.75% Fixed-to-Floating Rate Subordinated Notes Due ...

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq:INBK) today announced that it is extending to 11:59 p.m., New York City time, on December 30, 2021, its offer to exchange u...

3 weeks ago - Business Wire

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 pay...

4 weeks ago - Business Wire

First Internet Bancorp Appoints Two Directors

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK) has announced the appointment of Justin P. Christian and Ann Colussi Dee to its Board of Directors. Mr. Christian is...

1 month ago - Business Wire

What Makes First Internet (INBK) a Good Fit for "Trend Investing"

First Internet (INBK) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

1 month ago - Zacks Investment Research

First Internet Bank Once Again Named “Best Bank” by American Banker

FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--For the ninth consecutive year, First Internet Bank has been named one of the Best Banks to Work For by American Banker and Best Companies Group. The annual progra...

2 months ago - Business Wire

Recent Price Trend in First Internet (INBK) is Your Friend, Here's Why

If you are looking for stocks that are well positioned to maintain their recent uptrend, First Internet (INBK) could be a great choice. It is one of the several stocks that passed through our "Recent Pr...

2 months ago - Zacks Investment Research

First Internet Bancorp (INBK) Just Flashed Golden Cross Signal: Do You Buy?

Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?

2 months ago - Zacks Investment Research

First Internet Bank Continues SBA Expansion

FISHERS, Ind.--(BUSINESS WIRE)-- #lending--Today, First Internet Bank announced the hiring of Senior Business Development Officer Clayton Baker. He will join the Bank's expanding Small Business Administ...

2 months ago - Business Wire

First Internet Bank Expands Arizona Commercial Banking Team

FISHERS, Ind.--(BUSINESS WIRE)-- #business--Today, First Internet Bank announced the hiring of Vice President of Commercial Banking, Ryan Hasher. Mr. Hasher joins First Internet Bank's Arizona-based com...

2 months ago - Business Wire

3 Reasons Why Growth Investors Shouldn't Overlook First Internet (INBK)

First Internet (INBK) possesses solid growth attributes, which could help it handily outperform the market.

2 months ago - Zacks Investment Research

First Internet Bancorp to Acquire First Century Bancorp

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (“First Internet” or the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today it has entered into a d...

2 months ago - Business Wire

Earnings Estimates Moving Higher for First Internet (INBK): Time to Buy?

First Internet (INBK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

2 months ago - Zacks Investment Research

First Internet Bank Welcomes New SBA Senior Business Development Officer

FISHERS, Ind.--(BUSINESS WIRE)-- #firstib--First Internet Bank announced today that Tyler Maragh has joined its Small Business Administration (SBA) Lending team as a Vice President, Senior Business Deve...

2 months ago - Business Wire

Best Value Stocks to Buy for October 26th

TPH, BCBP, INBK, and MOV made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 26, 2021.

Other symbols:BCBPMOVTPH
2 months ago - Zacks Investment Research

First Internet Bancorp (INBK) Tops Q3 Earnings Estimates

First Internet (INBK) delivered earnings and revenue surprises of 11.40% and -4.55%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

First Internet Bancorp Reports Third Quarter 2021 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 t...

2 months ago - Business Wire

First Internet Bancorp Releases Inaugural ESG Report

FISHERS, Ind.--(BUSINESS WIRE)--Marking its commitment to heightened corporate transparency, responsibility and accountability, First Internet Bancorp (the “Company”) (Nasdaq: INBK) announced today that...

2 months ago - Business Wire

Why Earnings Season Could Be Great for First Internet Bancorp (INBK)

First Internet Bancorp (INBK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

3 months ago - Zacks Investment Research

First Internet Bank and ApplePie Formalize New Partnership

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bank and ApplePie Capital today announced a loan purchase agreement to provide financing solutions for franchisees. Under the agreement, First Internet Ban...

3 months ago - Business Wire

First Internet Bancorp to Announce Third Quarter 2021 Financial Results on Wednesday, October 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 third quart...

3 months ago - Business Wire

First Internet Bank Welcomes Dustin DeNeal as Counsel

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bank announced today that Dustin DeNeal has joined as First Vice President, Counsel. He will be responsible for a range of legal and regulatory matters, wh...

3 months ago - Business Wire