|Bid||20.75 x 800|
|Ask||25.31 x 800|
|Day's Range||20.45 - 21.04|
|52 Week Range||17.56 - 35.25|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||9.70|
|Earnings Date||Jan 17, 2019 - Jan 21, 2019|
|Forward Dividend & Yield||0.24 (1.17%)|
|1y Target Est||26.90|
The Board of Directors of First Internet Bancorp (the “Company”) (INBK) has declared a quarterly cash dividend of $0.06 per common share. The dividend will be payable on July 15, 2019 to shareholders of record at the close of business on June 28, 2019. 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, financial condition, capital requirements, regulatory and contractual restrictions, business strategy and other factors deemed relevant by the Board of Directors.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E...
First Internet Bank (the “Bank”) placed first for medium-sized companies on The Indianapolis Star’s annual “Top Workplaces in Central Indiana” list. For the second consecutive year, the Bank also won a special award for company leadership. Of the award, First Internet Bank President and CEO David Becker commented, “We are proud to be recognized again as an employer of choice in Indianapolis.
First Internet Bancorp (the “Company”) (INBK), the parent company of First Internet Bank (the “Bank”) (www.firstib.com), today announced the completion of its previously announced public offering of $35.0 million principal amount of its 6.0% Fixed-to-Floating Rate Subordinated Notes due 2029 (the “Notes”). Keefe, Bruyette & Woods, Inc., a Stifel Company, has served as sole book-running manager for the offering, with Janney Montgomery Scott, BB&T Capital Markets, Boenning & Scattergood, Inc. and William Blair serving as co-managers. The Company has granted the underwriters in the offering a right to purchase up to an additional $2.0 million principal amount of Notes at the public offering price, less the underwriting discounts, on or before July 5, 2019.
First Internet Bancorp (the “Company”) (INBK), the parent company of First Internet Bank (the “Bank”) (www.firstib.com), today announced the pricing of a public offering of $35.0 million principal amount of its 6.0% Fixed-to-Floating Rate Subordinated Notes due 2029 (the “Notes”). From and including June 30, 2024 and through maturity or earlier redemption, the interest rate on the Notes will reset quarterly to an annual interest rate equal to the then-current Benchmark Rate (initially the three-month LIBOR rate) plus 4.114%. The Company has granted the underwriters a right to purchase up to an additional $2.0 million principal amount of Notes at the public offering price, less the underwriting discounts, within 30 days from the date of the final prospectus supplement.
First Internet Bank (the “Bank”) broke ground today for its new corporate headquarters in downtown Fishers. Since establishing an office at its current location – approximately two miles east of the new site – in 2013, the Bank’s assets are up nearly 500% and its employee count has risen by 75%. “The relocation of our headquarters will allow us to continue to expand our operations to achieve our strategic growth plan,” said David Becker, President and CEO of First Internet Bank.
First Internet Bank announced Mike Upton has been named Vice President, Commercial Real Estate Relationship Manager. Mr. Upton’s promotion expands the client-facing team within the Bank’s Single Tenant Lease Financing program.
First Internet Bancorp (the “Company”) (INBK), the parent company of First Internet Bank, announced today that Chairman, President and Chief Executive Officer, David Becker, and Executive Vice President and Chief Financial Officer, Kenneth Lovik, will be participating in the 16th Annual Craig-Hallum Institutional Investor Conference on May 29, 2019 in Minneapolis, Minnesota.
Texas Capital's (TCBI) diversified fee income sources, along with rising loans and deposits balance, might continue supporting top-line growth.
First Internet Bancorp (“First Internet” or the “Company”) (INBK) announced today that its subsidiary, First Internet Bank (the “Bank”), has entered into a loan and asset purchase agreement (the “Agreement”) to acquire the small business lending division (the “SBA Division”) of First Colorado National Bank (“First Colorado”). As of March 31, 2019, the balance of loans outstanding to be acquired was approximately $39.0 million, comprised primarily of SBA 7(a) loans. The Bank will also acquire a servicing portfolio consisting of guaranteed SBA 7(a) loans sold in the secondary market, which had a balance of approximately $112.0 million as of March 31, 2019.
Based on First Internet Bancorp's (NASDAQ:INBK) earnings update on 31 March 2019, the consensus outlook from analysts...
First Internet Bancorp (the “Company”) (INBK), the parent company of First Internet Bank (www.firstib.com), will hold its Annual Meeting of Shareholders on Monday, May 20, 2019. Shareholders, interested investors and other parties may access the live, listen-only webcast and presentation slides by visiting a link available through the Company’s website at www.firstinternetbancorp.com. First Internet Bancorp is a bank holding company with assets of $3.7 billion as of March 31, 2019.
First Internet (INBK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
First Internet (INBK) delivered earnings and revenue surprises of 27.27% and 7.61%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The bank, based in Fishers, Indiana, said it had earnings of 56 cents per share. The internet bank posted revenue of $37.4 million in the period. Its revenue net of interest expense was $18.6 million, ...
First Internet Bank announced Maris Kancs has been promoted to First Vice President. In his new role, Mr. Kancs will lead the Single Tenant Lease Financing Team and expand the Bank’s portfolio of commercial real estate investment clients. Mr. Kancs joined First Internet Bank as a Senior Portfolio Manager in 2013 and was promoted to a Relationship Manager role in 2018.
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.
The banking sector has been experiencing growth as a result of improving credit quality from post-GFC recovery. First Internet Bancorp (NASDAQ:INBK) is a small-cap bank with a market capitalisation of US$214m. Its profit and value...
First Internet Bank was named the best overall provider of savings accounts for businesses, according to leading digital small business resource FitSmallBusiness.com. “First Internet Bank is proud to be regarded as the best provider of business accounts, not only for our competitive rates and low fees but also for convenience,” said David Becker, President and CEO. “As a longtime entrepreneur, I understand that business owners are looking for powerful digital banking tools that make it fast and easy to take care of financial management so they can focus on growing their businesses.