First Internet Bancorp (INBK)

NASDAQ: INBK · IEX Real-Time Price · USD
33.27
+0.38 (1.16%)
Apr 24, 2024, 4:00 PM EDT - Market closed
1.16%
Market Cap 287.98M
Revenue (ttm) 84.38M
Net Income (ttm) 8.42M
Shares Out 8.66M
EPS (ttm) 0.95
PE Ratio 35.02
Forward PE 11.10
Dividend $0.24 (0.72%)
Ex-Dividend Date Mar 27, 2024
Volume 45,409
Open 32.94
Previous Close 32.89
Day's Range 32.72 - 33.44
52-Week Range 9.68 - 35.72
Beta 0.71
Analysts Buy
Price Target 26.00 (-21.85%)
Earnings Date Apr 24, 2024

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 287
Stock Exchange NASDAQ
Ticker Symbol INBK
Full Company Profile

Financial Performance

In 2023, INBK'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 Statements

Analyst Forecast

According to 3 analysts, the average rating for INBK stock is "Buy." The 12-month stock price forecast is $26.0, which is a decrease of -21.85% from the latest price.

Price Target
$26.0
(-21.85% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

21 days 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 p...

5 weeks ago - Business Wire

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...

3 months 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...

4 months 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...

4 months ago - Business Wire

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...

6 months 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...

7 months ago - Business Wire

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...

9 months ago - Business Wire

First Internet Bancorp to Announce Second Quarter 2023 Financial Results on Wednesday, July 26

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...

10 months ago - Business Wire

First Internet Bancorp Reports First 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 First Quarter 2023 Financial Results on Wednesday, April 26

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 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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

First Internet Bancorp Reports Third Quarter 2022 Results

FISHERS, Ind.

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire