First Internet Bancorp
INBK
Market cap $323M

37.28 USD

-0.93

2.43%

At close Oct 18, 4:00 PM EDT

After hours

37.28

+0.00

0.00%

1 day

-2.43%

5 days

6.58%

1 month

4.72%

3 months

7.40%

6 months

20.14%

Year to date

54.50%

1 year

116.87%

5 years

66.35%

About: First Internet Bancorp is a bank holding company. Through its subsidiaries, it provides commercial real estate (CRE) lending, including nationwide single tenant lease financing and commercial and industrial (C&I) lending, including business banking/treasury management services. The company offers its products and services through the internet and does not have any branches. With operations organized into a single segment called the Commercial Banking segment, it also provides retail banking services.

Employees: 290

Financials State Commercial Banks

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

929% more call options, than puts

Call options by funds: $916K | Put options by funds: $89K

42% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 24

1.12% more ownership

Funds ownership: 69.28% [Q1] → 70.4% (+1.12%) [Q2]

2% less funds holding

Funds holding: 102 [Q1] → 100 (-2) [Q2]

11% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 18

21% less capital invested

Capital invested by funds: $208M [Q1] → $165M (-$43.7M) [Q2]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$41

9%

upside

Avg. target

$43

14%

upside

High target

$45

21%

upside

3 analyst ratings

1 positive

33%

2 neutral

67%

0 negative

0%

Piper Sandler Nathan Race 67% 1-year accuracy 12 / 18 met price target	9%upside $41	Neutral Maintained	29 Jul 2024
Craig-Hallum George Sutton 73% 1-year accuracy 16 / 22 met price target	21%upside $45	Buy Maintained	26 Jul 2024
Keefe, Bruyette & Woods Timothy Switzer 67% 1-year accuracy 2 / 3 met price target	13%upside $42	Market Perform Maintained	26 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about INBK published over the past 30 days

Zacks Investment Research

First Internet Bancorp (INBK) Reports Next Week: Wall Street Expects Earnings Growth

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.

First Internet Bancorp (INBK) Reports Next Week: Wall Street Expects Earnings Growth

First Internet Bancorp to Announce Third Quarter 2024 Financial Results on Wednesday, October 23

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 quarter 2024 financial results after the market closes on Wednesday, October 23, 2024. A conference call and webcast to discuss the results will be held the following day, Thursday, October 24 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information: Date and Time: Thursday, October 24, 2.

First Internet Bancorp to Announce Third Quarter 2024 Financial Results on Wednesday, October 23

First Internet Bancorp (INBK) Shares Gap Down to $32.06 on Oct 2

Shares of First Internet Bancorp (INBK, Financial) fell 3.46% in mid-day trading on Oct 2. The stock reached an intraday low of $32.06, down from its previous close of $33.21.

First Internet Bancorp (INBK) Shares Gap Down to $32.06 on Oct 2

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 payable on October 15, 2024 to shareholders of record at the close of business on September 30, 2024. The declaration and amount of any future cash dividends will be subject to the sole discretion of the Board of Directors and will depend upon many factors, including the Company's results of operati.

First Internet Bancorp to Pay Cash Dividend

Zacks Investment Research

Is the Options Market Predicting a Spike in First Internet Bancorp (INBK) Stock?

Investors need to pay close attention to First Internet Bancorp (INBK) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in First Internet Bancorp (INBK) Stock?

First Internet Bancorp (INBK) Q2 2024 Earnings Call Transcript

First Internet Bancorp (NASDAQ:INBK ) Q2 2024 Earnings Conference Call July 25, 2024 2:00 PM ET Company Participants Larry Clark – Financial Profiles, Inc. David Becker – Chairman and Chief Executive Officer Ken Lovik – Executive Vice President and Chief Financial Officer Conference Call Participants Tim Switzer – KBW George Sutton – Craig-Hallum Nathan Race – Piper Sandler Brett Rabatin – Hovde Group Operator Good day, everyone, and welcome to the First Internet Bancorp Earnings Conference Call for the Second Quarter of 2024. At this time, all lines are in a listen-only mode.

First Internet Bancorp (INBK) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Compared to Estimates, First Internet (INBK) Q2 Earnings: A Look at Key Metrics

The headline numbers for First Internet (INBK) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, First Internet (INBK) Q2 Earnings: A Look at Key Metrics

Zacks Investment Research

First Internet Bancorp (INBK) Matches Q2 Earnings Estimates

First Internet Bancorp (INBK) came out with quarterly earnings of $0.72 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.44 per share a year ago.

First Internet Bancorp (INBK) Matches Q2 Earnings Estimates

First Internet Bancorp to Announce Second Quarter 2024 Financial Results on Wednesday, July 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 second quarter 2024 financial results after the market closes on Wednesday, July 24, 2024. A conference call and webcast to discuss the results will be held the following day, Thursday, July 25 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information: Date and Time: Thursday, July 25, 2024, 2:0.

First Internet Bancorp to Announce Second Quarter 2024 Financial Results on Wednesday, July 24

First Internet Bancorp: Bottoming Net Interest Margin Bodes Well For The Future

First Internet Bancorp's net interest margin is improving, hopefully leading to increased net interest income and profitability. The bank's loan book shows decent diversification with minimal exposure to past due loans, particularly in commercial real estate - a pleasant surprise. I maintain a long position in the bank's fix-to-float debt securities due to attractive yield and potential for increasing profitability.

First Internet Bancorp: Bottoming Net Interest Margin Bodes Well For The Future

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