NASDAQ:INBK First Internet Bancorp (INBK) Stock Price, News & Analysis → “Retirement Secret” Showed 995% Gain Last Time We Shared It (From Stansberry Research) (Ad) Free INBK Stock Alerts $30.71 -2.56 (-7.69%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$29.99▼$32.3550-Day Range$30.71▼$34.9352-Week Range$9.68▼$35.72Volume89,553 shsAverage Volume54,326 shsMarket Capitalization$265.95 millionP/E Ratio26.25Dividend Yield0.78%Price Target$29.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get First Internet Bancorp alerts: Email Address First Internet Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside5.6% Downside$29.00 Price TargetShort InterestHealthy1.78% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.33Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth29.24%From $3.01 to $3.89 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.22 out of 5 starsFinance Sector633rd out of 859 stocksState Commercial Banks Industry147th out of 180 stocks 1.2 Analyst's Opinion Consensus RatingFirst Internet Bancorp has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageFirst Internet Bancorp has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.78% of the float of First Internet Bancorp has been sold short.Short Interest Ratio / Days to CoverFirst Internet Bancorp has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Internet Bancorp has recently increased by 51.69%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldFirst Internet Bancorp has a dividend yield of 0.73%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Internet Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of First Internet Bancorp is 20.51%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Internet Bancorp will have a dividend payout ratio of 6.17% next year. This indicates that First Internet Bancorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for INBK. Previous Next 0.9 News and Social Media Coverage News SentimentFirst Internet Bancorp has a news sentiment score of -0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for First Internet Bancorp this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for INBK on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added First Internet Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Internet Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.10% of the stock of First Internet Bancorp is held by insiders.Percentage Held by Institutions65.46% of the stock of First Internet Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for First Internet Bancorp are expected to grow by 29.24% in the coming year, from $3.01 to $3.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Internet Bancorp is 26.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.03.Price to Earnings Ratio vs. SectorThe P/E ratio of First Internet Bancorp is 26.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.41.Price to Book Value per Share RatioFirst Internet Bancorp has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry Research“Retirement Secret” Showed 995% Gain Last Time We Shared ItCentral Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.Find out why right here (and see what you can do to get in too with just a few dollars). About First Internet Bancorp Stock (NASDAQ: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, 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 estate, construction, residential mortgage, home equity, line of credit and home improvement, small installment, term, and other consumer loans, as well as single tenant lease financing, and public and healthcare finance; franchise finance; and small business lending. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and provision of public and municipal lending and leasing products to government entities. Further, the company offers corporate credit card and treasury management services. First Internet Bancorp was founded in 1999 and is headquartered in Fishers, Indiana.Read More INBK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INBK Stock News HeadlinesApril 24, 2024 | washingtonpost.comFirst Internet: Q1 Earnings SnapshotApril 24, 2024 | businesswire.comFirst Internet Bancorp Reports First Quarter 2024 ResultsApril 26, 2024 | Stansberry Research (Ad)“Retirement Secret” Showed 995% Gain Last Time We Shared ItCentral Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.April 24, 2024 | investing.comFirst Internet (INBK) Earnings Dates & ReportsApril 17, 2024 | americanbankingnews.comFirst Internet Bancorp (INBK) Set to Announce Earnings on WednesdayApril 16, 2024 | finance.yahoo.comPleasing Signs As A Number Of Insiders Buy First Internet Bancorp StockApril 16, 2024 | americanbankingnews.comFirst Internet Bancorp (NASDAQ:INBK) Short Interest UpdateApril 3, 2024 | businesswire.comFirst Internet Bancorp to Announce First Quarter 2024 Financial Results on Wednesday, April 24April 26, 2024 | Stansberry Research (Ad)“Retirement Secret” Showed 995% Gain Last Time We Shared ItCentral Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.March 30, 2024 | msn.comBest 3-Month CD Rates for April 2024 (Up to 5.42%)March 30, 2024 | msn.comBest 5-Year CD Rates for April 2024 (Up to 4.55%)March 18, 2024 | businesswire.comFirst Internet Bancorp to Pay Cash DividendMarch 16, 2024 | finance.yahoo.comINBK Aug 2024 40.000 callFebruary 19, 2024 | finance.yahoo.comGGAL Mar 2024 14.000 callFebruary 17, 2024 | money.usnews.comFirst Internet BancorpFebruary 1, 2024 | msn.comNew York Community Bancorp, Qudian, Credit Acceptance among financials moversJanuary 31, 2024 | finance.yahoo.comEarnings Estimates Moving Higher for First Internet (INBK): Time to Buy?January 29, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: First Internet Bancorp (INBK), Northfield Bancorp (NFBK) and First Bank (FRBA)January 28, 2024 | finance.yahoo.comFirst Internet Bancorp (NASDAQ:INBK) Q4 2023 Earnings Call TranscriptJanuary 27, 2024 | finance.yahoo.comQ4 2023 First Internet Bancorp Earnings CallJanuary 25, 2024 | marketwatch.comFirst Internet Bancorp Shares Rise 9.6% After 4Q Results Top EstimatesJanuary 25, 2024 | finance.yahoo.comFirst Internet (INBK) Reports Q4 Earnings: What Key Metrics Have to SayJanuary 24, 2024 | msn.comFirst Internet Bancorp (INBK) Q4 Earnings and Revenues Surpass EstimatesJanuary 24, 2024 | finance.yahoo.comFirst Internet Bancorp Reports Fourth Quarter and Full Year 2023 ResultsJanuary 24, 2024 | finance.yahoo.comFirst Internet Bancorp (INBK) Reports Solid Q4 and Full Year 2023 Earnings GrowthJanuary 23, 2024 | benzinga.comA Preview Of First Internet's EarningsJanuary 3, 2024 | finance.yahoo.comFirst Internet Bancorp to Announce Fourth Quarter 2023 Financial Results on Wednesday, January 24See More Headlines Receive INBK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Internet Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/19/2021Ex-Dividend for 4/15 Dividend3/27/2024Dividend Payable4/15/2024Today4/26/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryN/A Current SymbolNASDAQ:INBK CUSIPN/A CIK1562463 Webwww.firstinternetbancorp.com Phone(317) 532-7900Fax317-532-7901Employees287Year FoundedN/APrice Target and Rating Average Stock Price Target$29.00 High Stock Price Target$35.00 Low Stock Price Target$18.00 Potential Upside/Downside-5.6%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.17 Trailing P/E Ratio26.25 Forward P/E Ratio10.20 P/E GrowthN/ANet Income$8.42 million Net Margins3.81% Pretax Margin1.86% Return on Equity4.56% Return on Assets0.32% Debt Debt-to-Equity Ratio1.98 Current Ratio1.04 Quick Ratio1.04 Sales & Book Value Annual Sales$265.57 million Price / Sales1.00 Cash Flow$2.38 per share Price / Cash Flow12.93 Book Value$41.97 per share Price / Book0.73Miscellaneous Outstanding Shares8,660,000Free Float8,046,000Market Cap$265.95 million OptionableOptionable Beta0.72 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. David B. Becker (Age 71)Chairman & CEO Comp: $1.1MMs. Nicole S. Lorch (Age 50)President, COO & Corporate Secretary Comp: $686.2kMr. Kenneth J. Lovik (Age 54)Executive VP & CFO Comp: $486.29kMs. Paula DeemerExecutive Assistant & Director of Corporate AdministrationMr. David BybeeVP & Senior Credit OfficerKey CompetitorsFirst Business Financial ServicesNASDAQ:FBIZWest BancorporationNASDAQ:WTBAUnity BancorpNASDAQ:UNTYACNBNASDAQ:ACNBSierra BancorpNASDAQ:BSRRView All CompetitorsInsiders & InstitutionsValeo Financial Advisors LLCSold 3,068 shares on 4/25/2024Ownership: 0.270%Sapient Capital LLCSold 47,403 shares on 4/23/2024Ownership: 1.117%Quadrature Capital LtdBought 11,707 shares on 3/25/2024Ownership: 0.545%Perritt Capital Management Inc.Sold 7,100 shares on 2/15/2024Ownership: 0.214%Quadrature Capital LtdBought 11,707 shares on 2/14/2024Ownership: 0.546%View All Insider TransactionsView All Institutional Transactions INBK Stock Analysis - Frequently Asked Questions Should I buy or sell First Internet Bancorp stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Internet Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" INBK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INBK, but not buy additional shares or sell existing shares. View INBK analyst ratings or view top-rated stocks. What is First Internet Bancorp's stock price target for 2024? 3 equities research analysts have issued 1 year price targets for First Internet Bancorp's stock. Their INBK share price targets range from $18.00 to $35.00. On average, they predict the company's share price to reach $29.00 in the next twelve months. This suggests that the stock has a possible downside of 5.6%. View analysts price targets for INBK or view top-rated stocks among Wall Street analysts. How have INBK shares performed in 2024? First Internet Bancorp's stock was trading at $24.19 at the start of the year. Since then, INBK shares have increased by 27.0% and is now trading at $30.71. View the best growth stocks for 2024 here. Are investors shorting First Internet Bancorp? First Internet Bancorp saw a increase in short interest in March. As of March 31st, there was short interest totaling 91,900 shares, an increase of 7.9% from the March 15th total of 85,200 shares. Based on an average daily trading volume, of 51,700 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.2% of the company's stock are sold short. View First Internet Bancorp's Short Interest. When is First Internet Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our INBK earnings forecast. How were First Internet Bancorp's earnings last quarter? First Internet Bancorp (NASDAQ:INBK) issued its quarterly earnings results on Tuesday, October, 19th. The bank reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.14. The bank earned $28.73 million during the quarter, compared to the consensus estimate of $30.10 million. First Internet Bancorp had a trailing twelve-month return on equity of 4.56% and a net margin of 3.81%. During the same quarter in the prior year, the company posted $1.03 EPS. How often does First Internet Bancorp pay dividends? What is the dividend yield for First Internet Bancorp? First Internet Bancorp announced a quarterly dividend on Monday, March 18th. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.06 per share on Monday, April 15th. This represents a $0.24 annualized dividend and a yield of 0.78%. The ex-dividend date is Wednesday, March 27th. Read our dividend analysis for INBK. Is First Internet Bancorp a good dividend stock? First Internet Bancorp (NASDAQ:INBK) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.73%. The dividend payout ratio is 20.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INBK will have a dividend payout ratio of 6.17% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for INBK. What is David B. Becker's approval rating as First Internet Bancorp's CEO? 29 employees have rated First Internet Bancorp Chief Executive Officer David B. Becker on Glassdoor.com. David B. Becker has an approval rating of 93% among the company's employees. This puts David B. Becker in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of First Internet Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other First Internet Bancorp investors own include Global Net Lease (GNL), Capital Product Partners (CPLP), STAG Industrial (STAG), Advanced Micro Devices (AMD), Employers (EIG), Enbridge (ENB), Enterprise Products Partners (EPD), Gilead Sciences (GILD), iRobot (IRBT). Who are First Internet Bancorp's major shareholders? First Internet Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Sapient Capital LLC (1.12%) and Valeo Financial Advisors LLC (0.27%). Insiders that own company stock include Aasif M Bade, Ann C Dee, David B Becker, Jerry L Williams, John K Keach Jr, Justin P Christian and Nicole S Lorch. View institutional ownership trends. How do I buy shares of First Internet Bancorp? Shares of INBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:INBK) was last updated on 4/26/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsFed launches fourth dollar overhaulStansberry ResearchThe only accurate crypto trading system I know …Weiss RatingsBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest Metals Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Internet Bancorp Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
