First Internet Bancorp – Fixed- (NASDAQ:INBKZ) Shares Up 0.9% – Here’s Why

First Internet Bancorp – Fixed- (NASDAQ:INBKZ) shot up 0.9% during mid-day trading on Monday . The stock traded as high as $24.50 and last traded at $24.6260. 681 shares changed hands during trading, a decline of 79% from the average session volume of 3,243 shares. The stock had previously closed at $24.40.

First Internet Bancorp – Fixed- Trading Up 0.9%

The firm’s 50-day simple moving average is $24.48 and its two-hundred day simple moving average is $24.61.

First Internet Bancorp – Fixed- Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Sunday, February 15th were given a dividend of $0.5039 per share. This represents a $2.02 annualized dividend and a yield of 8.2%. The ex-dividend date was Friday, February 13th.

About First Internet Bancorp – Fixed-

First Internet Bancorp is a bank holding company whose primary subsidiary, First Internet Bank of Indiana, operates as a fully digital, branchless bank. Founded in 1999 and headquartered in Fishers, Indiana, the company was among the first to deliver comprehensive banking services exclusively online. It is traded on the NASDAQ under the symbol INBKZ.

The company offers a broad range of deposit products, including interest-bearing checking and savings accounts, money market accounts, certificates of deposit, and individual retirement accounts.