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 $12.01, down 1.19% from the previous day, and has decreased 68.85% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.51 percentage points. First Internet Bancorp stock is currently +24.02% from its 52-week low of $9.68, and -70.08% from its 52-week high of $40.12.
There are currently 8.91M INBK shares outstanding. The market cap of INBK is $106.91M. In the last 24 hours, 102,232 INBK shares were traded.
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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.
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.
Analysts use many financial metrics, analyses, models, and charts to gauge INBK's intrinsic value.
Using relative valuations methods:
You can do more valuation research on INBK's stock here.
Out of 3 Wall Street analysts who track INBK, the consensus analyst rating on First Internet Bancorp is a Hold
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
Nathan Race, a top 22% analyst from Piper Sandler maintains INBK with a hold rating and lowers their INBK price target from $16.50 to $12.00, on May 5, 2023.
Michael Perito, a top 22% analyst from Keefe, Bruyette & Woods maintains INBK with a hold rating and lowers their INBK price target from $27.00 to $22.00, on May 1, 2023.
George Sutton, a top 20% analyst from Craig-Hallum maintains INBK with a hold rating and lowers their INBK price target from $27.00 to $18.00, on Apr 28, 2023.
You can dive deeper into what analysts are saying on the First Internet Bancorp stock forecast page.
Last year, INBK earnings were $21.32M. During the last 5 year, INBK's earnings have increased by -1.53% per year. This was slower than the Banks - Regional industry average of 20.03%.
Last year, INBK revenue was $97.20M. Over the last 5 year, INBK's revenue has gone up by 8.65% per year. This was faster than the Banks - Regional industry average of 6.1%.
You can analyze INBK's earnings and revenue performance here.
Over the past year, executives and large shareholders at INBK have bought more shares than they have sold.
David B. Becker, Chairman and CEO of INBK, was the latest INBK insider to buy. They bought $50,250.00 worth of INBK stock on May 12, 2023.
Get more info about who owns INBK shares here.
First Internet Bancorp pays a dividend of 2%, compared to the Banks - Regional industry's average dividend yield of 4.25%. If you owned $1,000 of INBK stock, you would have received $19.99 in the past year.
First Internet Bancorp dividend payments have not consistently grown over the past decade but have remained stable.
Dig into more info about First Internet Bancorp dividend yield and history here.
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