How to Buy First Internet Bancorp Stock
First Internet Bancorp
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial and retail banking products and services to individuals and commercial customers in the United States.
First Internet Bancorp stock last closed at $27.56, down 0.9% from the previous day, and has decreased 17.44% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.34 percentage points. First Internet Bancorp stock is currently +13.98% from its 52-week low of $24.18, and -36.3% from its 52-week high of $43.27.
There are currently 8.7M INBK shares outstanding. The market cap of INBK is $239.69M. In the last 24 hours, 42,630 INBK shares were traded.
How to Buy First Internet Bancorp Stock
Wondering how to invest in First Internet Bancorp stock? Here's how.
- Choose where to buy First Internet Bancorp stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy First Internet Bancorp stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Analyze First Internet Bancorp stock: The First Internet Bancorp ticker symbol is INBK. Is First Internet Bancorp stock a good investment? Should you buy shares of INBK? How do INBK's underlying business fundamentals look? Do top analysts think First Internet Bancorp is a good buy? Why has INBK's stock price moved recently? (Hint: Our stock market research website can help you decide if INBK is a good stock to buy).
- Make your INBK purchase: Decide if you will purchase INBK shares at the current market price or use a limit order to purchase INBK shares at a given price.
- Monitor your INBK position: Create a watchlist to the latest updates on your position in First Internet Bancorp shares.
Step 1: Choose where to buy First Internet Bancorp stock
You need an online brokerage account in order to access the NASDAQ market and buy INBK stock.
Our favorite brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal information so you are able to invest in INBK today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open a new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on apps for stock market, you need to deposit funds:
Check out the walkthrough below if you need help depositing money into your investment account.
Step 4: Analyze First Internet Bancorp stock
Once you have chosen the best place to buy First Internet Bancorp stock, it's very important to analyze their stock prior to buying, so you truly comprehend the risk and upside.
First Internet Bancorp Metrics
First Internet Bancorp Due Diligence Score
WallStreetZen was designed to help average investors do better fundamental analysis in less time.
You can view all of the due diligence checks on INBK's stock page.
Is INBK stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge INBK's intrinsic value.
Using relative valuations methods:
- INBK could be undervalued based on its P/E ratio of 9.47x, relative to Banks - Regional industry P/E ratio of 12.99x
- INBK may be undervalued based on its P/B ratio of 0.62x, relative to Banks - Regional industry P/B ratio of 1.12x
- INBK may be undervalued based on its PEG ratio of 0.28x
You can do more valuation analysis on INBK's stock here.
A look at INBK Cashflows and Balance Sheet
Positive Health Checks:
- INBK profit margin has gone up from 10% to 21.5% in the past year.
- INBK earnings of $27.54M is not sufficient to cover its interest payments.
Negative Health Checks:
- Total INBK debt is higher than 5 years ago, relative to shareholder equity.
- INBK's operating cash flow of $12.99M allows it to safely service it's debt of $400.15M.
- INBK has a relatively high debt to equity ratio of 13.94.
Is it a good time to buy INBK stock, according to Wall Street analysts?
Out of 2 Wall Street analysts who give forecasts on INBK, the consensus analyst rating on First Internet Bancorp is a Hold
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the First Internet Bancorp stock forecast page.
INBK Trading Indicators
INBK Performance Numbers
Last year, INBK earnings were $25.28M. In the last five year, INBK's earnings have grown by 3% per year. This was slower than the Banks - Regional industry average of 17.65%.
Last year, INBK revenue was $117.65M. During the last five year, INBK's revenue has gone up by 9.78% per year. This was slower than the Banks - Regional industry average of 9.99%.
Dive into INBK's earnings and revenue performance here.
What are INBK executives and large shareholders up to?
Over the last 12 months, executives and large shareholders at INBK have sold more shares than they have bought.
Kenneth J. Lovik, Executive Vice President CFO of INBK, was the latest INBK insider to sell. They sold $33,481.96 worth of INBK shares on Jan 31, 2025.
Learn more about who owns INBK shares here.
Can I get consistent income from INBK stock?
No, First Internet Bancorp doesn't provide an income stream by paying out dividends.
What do other traders have to say about INBK?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your INBK purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, use a limit order.
Click the Open button and eToro will execute your order.
If you need more help with investing in stocks on eToro, watch the how to video below:
Step 6: Monitor your INBK position
Now that you own some INBK shares, you'll want to stay up-to-date on your new company.
Make a watchlist to get the latest updates about your INBK stock.
INBK Feed
How to Buy Stock in First Internet Bancorp
To reiterate, here are the 6 steps you need to take to buy First Internet Bancorp stock right now:
- Choose where to buy First Internet Bancorp stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Analyze First Internet Bancorp stock
- Make your INBK purchase
- Monitor your INBK position
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep track of your new investment in First Internet Bancorp, click the button below.
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