First Internet BancorpINBK
INBK
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 or 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: 326
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
9,436% more call options, than puts
Call options by funds: $1.34M | Put options by funds: $14K
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
7% more capital invested
Capital invested by funds: $216M [Q3] → $231M (+$14.9M) [Q4]
3% more funds holding
Funds holding: 116 [Q3] → 120 (+4) [Q4]
1.23% more ownership
Funds ownership: 72.81% [Q3] → 74.04% (+1.23%) [Q4]
3% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 37
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$24
17%
upside
Avg. target
$32
54%
upside
High target
$39
90%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Piper Sandler Nathan Race 35% 1-year accuracy 9 / 26 met price target | 17%upside $24 | Neutral Maintained | 28 Apr 2025 |
Hovde Group Brett Rabatin 33% 1-year accuracy 1 / 3 met price target | 90%upside $39 | Outperform Maintained | 2 Apr 2025 |
Financial journalist opinion
Based on 6 articles about INBK published over the past 30 days
Neutral
Seeking Alpha
3 days ago
First Internet Bancorp (INBK) Q1 2025 Earnings Call Transcript
First Internet Bancorp (NASDAQ:INBK ) Q1 2024 Earnings Conference Call April 24, 2025 2:00 PM ET Company Participants Ben Brodkowitz - Financial Profiles, Inc. David Becker - Chairman and CEO Nicole Lorch - President, Chief Operating Officer and Corporate Secretary Ken Lovik - Executive Vice President and Chief Financial Officer Conference Call Participants Tim Switzer - KBW Nathan Race - Piper Sandler Brett Rabatin - Hovde Group Logan Lillehaug - Craig Hallum Operator Good day, everyone, and welcome to the First Internet Bancorp Earnings Conference Call for the First Quarter of 2025. At this time all lines are in listen-only mode.
Neutral
Zacks Investment Research
4 days ago
Compared to Estimates, First Internet (INBK) Q1 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for First Internet (INBK) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
4 days ago
First Internet Bancorp (INBK) Q1 Earnings and Revenues Lag Estimates
First Internet Bancorp (INBK) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.59 per share a year ago.
Neutral
Business Wire
4 days ago
First Internet Bancorp Reports First Quarter 2025 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 first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Net income of $0.9 million and diluted earnings per share of $0.11 Pre-tax, pre-provision income (“PTPP”) of $12.0 million1 An increase of 10.8% from adjusted PTPP1 for the fourth quarter of 2024 An increase of 48.5% from.
Positive
Zacks Investment Research
2 weeks ago
First Internet (INBK) Soars 9.4%: Is Further Upside Left in the Stock?
First Internet (INBK) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Neutral
Business Wire
2 weeks ago
First Internet Bancorp to Announce First Quarter 2025 Financial Results on Wednesday, April 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 first quarter 2025 financial results after the market closes on Wednesday, April 23, 2025. A conference call and webcast to discuss the results will be held the following day, Thursday, April 24 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information: Date and Time: Thursday, April 24, 202.
Neutral
Business Wire
1 month ago
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 April 15, 2025 to shareholders of record at the close of business on March 31, 2025. 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 operations, f.
Neutral
Business Wire
1 month ago
First Internet Bank Welcomes Blake Sanderson as Commercial Real Estate Leader
FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank today announced that J. Blake Sanderson has joined the organization as First Vice President, Commercial Real Estate Acquisition, Development and Construction. In this position, he will work to further expand relationships and a portfolio currently exceeding $1 billion in commitments. Mr. Sanderson succeeds Nick Campbell, who has been elevated to the role of Senior Credit Officer, assuming responsibility for the bank's commercial credit adminis.
Neutral
Business Wire
2 months ago
First Internet Bank Promotes David Bybee to Lead SBA Lending Team
FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank announced today that David Bybee has been promoted to the newly created role of Senior Vice President, Government Guaranteed Lending. In his new role, he will oversee all aspects of First Internet Bank's Small Business Administration (SBA) Lending operation, from origination through servicing. “Since his arrival, David has been a driving force behind our growth, helping us to become one of the nation's Top 10 SBA 7(a) lenders,” noted President.
Neutral
Business Wire
2 months ago
First Internet Bank Expands Small Business Administration Lending Team
FISHERS, In.--(BUSINESS WIRE)-- #SBA--First Internet Bank announced today that Austin Porter has joined the organization as Vice President, Business Development Officer. He joins the Bank's growing Small Business Administration (SBA) Lending team – one currently among the Top 10 for SBA 7(a) lenders nationwide. “Austin is an important addition,” said First Internet Bank Vice President, National SBA Sales Manager Mark Gibson. “His experience will help our small business partners access the capital they.
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