First Internet Bancorp

First Internet Bancorp engages in the provision of online commercial and retail banking products and services. It offers first-lien residential mortgage loans, consumer loans and credit cards & CRE loans in Indiana and other parts of the midwest in the form of office, retail, industrial, and multifamily loans, with credit tenant lease financing. The company was founded on September 15, 2005 and is headquartered in Indianapolis, IN.

Earnings data Q3 2023

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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 16, 2023 to shareholders of record at the close of business on September 29, 2023. 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

First Internet (INBK) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

First Internet (INBK) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

First Internet (INBK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can First Internet (INBK) Run Higher on Rising Earnings Estimates?

Solid loan and deposit balance, business streamlining and high rates are likely to keep supporting First Internet Bancorp (INBK) stock.

Why You Should Buy First Internet Bancorp (INBK) Stock Now

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First Internet Bancorp (NASDAQ:INBK ) Q2 2023 Earnings Conference Call July 27, 2023 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 Michael Perito – KBW Brett Rabatin – Hovde Group Nathan Race – Piper Sandler John Rodis – Janney George Sutton – Craig-Hallum Operator Good day, everyone, and welcome to the First Internet Bancorp Earnings Conference Call for the Second Quarter of 2023. Be advised that all participant lines have been muted to prevent any background noise.

First Internet Bancorp (INBK) Q2 2023 Earnings Call Transcript

The headline numbers for First Internet (INBK) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

First Internet (INBK) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

First Internet Bancorp (INBK) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.99 per share a year ago.

First Internet Bancorp (INBK) Q2 Earnings and Revenues Surpass Estimates

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 second quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights Net income of $3.9 million and diluted earnings per share of $0.44 Deposit growth of $232.0 million, a 6.4% increase from the first quarter of 2023 Loan growth of $39.6 million, a 1.1% increase from the first quarter of 2.

First Internet Bancorp Reports Second Quarter 2023 Results

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 2023 financial results after the market closes on Wednesday, July 26, 2023. A conference call and webcast to discuss the results will be held the following day, Thursday, July 27 at 2:00 p.m., Eastern Time.   Conference Call and Webcast Information: Date and Time: Thursday, July 27, 2023, 2:0.

First Internet Bancorp to Announce Second Quarter 2023 Financial Results on Wednesday, July 26

First Internet bank is currently undervalued but faces challenges due to rising deposit costs and a struggling loan portfolio. Management remains confident in the bank's future, with CEO David Becker and other insiders buying shares, and the bank continuing its buyback program. I remain cautious about investing in First Internet Bank because of the current challenges and the potential for further negative surprises, but I will keep the bank in my watch list.

First Internet Bancorp: Highly Undervalued But There Is A Reason

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First Internet Bancorp (INBK) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $1.14 per share a year ago.

First Internet Bancorp (INBK) Q1 Earnings and Revenues Beat Estimates

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, 2023. Addressing Recent Market Events Deposit growth of $181.0 million in the first quarter, a 5.3% increase from the fourth quarter of 2022 Estimated uninsured deposits represented 26% of total deposits at March 31, 2023, and 19% of total deposits after adjusting for.

First Internet Bancorp Reports First Quarter 2023 Results

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 2023 financial results after the market closes on Wednesday, April 26, 2023. A conference call and webcast to discuss the results will be held the following day, Thursday, April 27 at 2:00 p.m., Eastern Time.

First Internet Bancorp to Announce First Quarter 2023 Financial Results on Wednesday, April 26

First Internet (INBK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in First Internet (INBK): Can Its 9.1% Jump Turn into More Strength?

The internet-only bank has a strong balance sheet with a robust equity position. The AFS portfolio is less than 10% of the assets, so the negative impact should be very manageable.

First Internet Bancorp: Just An Innocent Victim In The Banking Crisis?

First Internet Bancorp (NASDAQ:INBK ) Q4 2022 Results Conference Call January 26, 2023 2:00 PM ET Company Participants David Becker - Chairman, CEO Ken Lovik - EVP, CFO Conference Call Participants Brett Rabatin - Hovde Group George Sutton - Craig-Hallum Nathan Race - Piper Sandler John Rodis - Janney Nick Talboys - Financial Profiles, Inc. Operator Good day, everyone, and welcome to the First Internet Bancorp Earnings Conference Call for the Fourth Quarter and Full Year 2022. [Operator Instructions] Please note that today's event is being recorded.

First Internet Bancorp (INBK) Q4 2022 Earnings Call Transcript

First Internet (INBK) delivered earnings and revenue surprises of -6.85% and 2.91%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

First Internet Bancorp (INBK) Q4 Earnings Miss Estimates

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 fourth quarter and full year ended December 31, 2022.

First Internet Bancorp Reports Fourth Quarter and Full Year 2022 Results

FISHERS, Ind.--( BUSINESS WIRE )--First Internet Bank announced today that Alan Peterson has joined the organization as Vice President, Senior Business Development Officer. The newest member of the Small Business Administration (SBA) lending team brings to the position a deep experience base in finance and SBA lending.

First Internet Bank Continues SBA Team Growth, Adds Senior Business Development Officer

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 fourth quarter 2022 financial results after the market closes on Wednesday, January 25, 2023.

First Internet Bancorp to Announce Fourth Quarter 2022 Financial Results on Wednesday, January 25

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FISHERS, Ind.--( BUSINESS WIRE )--The Board of Directors of First Internet Bancorp (the “Company”) (Nasdaq: INBK) has authorized a new stock repurchase program (the “Program”) with an aggregate purchase price of up to $25.0 million. The Program is scheduled to expire on December 31, 2023, and replaces the Company's previously announced stock repurchase program. The Program permits the Company to acquire shares of its common stock from time to time in the open market or in privately negotiated transactions at prices management considers to be attractive and in the best interest of the Company and its shareholders. The Program does not obligate the Company to repurchase shares of its common stock, and there is no assurance that it will do so.

First Internet Bancorp Authorizes Stock Repurchase Program

FISHERS, Ind.--( BUSINESS WIRE )--First Internet Bank has been named one of the Best Banks to Work For by American Banker and Best Companies Group. This marks the tenth consecutive year the Bank has been selected. The annual program recognizes financial institutions nationwide that display outstanding levels of employee engagement and create positive workplace cultures.

News for First Internet Bancorp Stock (INBK)