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 7,323 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
40% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 15
21% more call options, than puts
Call options by funds: $35K | Put options by funds: $29K
4% more funds holding
Funds holding: 121 [Q4 2024] → 126 (+5) [Q1 2025]
5% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 40
1.62% less ownership
Funds ownership: 74.12% [Q4 2024] → 72.5% (-1.62%) [Q1 2025]
27% less capital invested
Capital invested by funds: $231M [Q4 2024] → $169M (-$62.4M) [Q1 2025]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 1 (-1) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$26
17%
upside
Avg. target
$27
19%
upside
High target
$27
21%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Piper Sandler Nathan Race | 17%upside $26 | Neutral Maintained | 28 Jul 2025 |
Keefe, Bruyette & Woods Timothy Switzer | 21%upside $27 | Market Perform Reiterated | 28 Jul 2025 |
Financial journalist opinion
Based on 5 articles about INBK published over the past 30 days
Neutral
Seeking Alpha
6 days ago
First Internet Bancorp (INBK) Q2 2025 Earnings Call Transcript
First Internet Bancorp (NASDAQ:INBK ) Q2 2025 Earnings Conference Call July 24, 2025 2:00 PM ET Company Participants David B. Becker - Chairman & CEO Kenneth J.
Positive
Zacks Investment Research
1 week ago
First Internet (INBK) Reports Q2 Earnings: What Key Metrics Have to Say
The headline numbers for First Internet (INBK) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Negative
Zacks Investment Research
1 week ago
First Internet Bancorp (INBK) Misses Q2 Earnings and Revenue Estimates
First Internet Bancorp (INBK) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.72 per share a year ago.
Neutral
Business Wire
1 week ago
First Internet Bancorp Reports Second 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 second quarter ended June 30, 2025. Second Quarter 2025 Financial Performance Net income of $0.2 million and diluted earnings per share of $0.02 Pre-tax, pre-provision income (“PTPP”) of $11.7 million1 A decrease of 1.8% from PTPP1 for the first quarter of 2025 An increase of 17.2% from PTPP1 for.
Neutral
Business Wire
2 weeks ago
First Internet Bancorp to Announce Second Quarter 2025 Financial Results on Wednesday, July 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 second quarter 2025 financial results after the market closes on Wednesday, July 23, 2025. A conference call and webcast to discuss the results will be held the following day, Thursday, July 24 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information: Date and Time: Thursday, July 24, 2025, 2:00.
Positive
Seeking Alpha
1 month ago
First Internet Bancorp: I'm Sticking With The High-Yielding Baby Bonds
First Internet Bancorp's baby bonds remain attractive, offering a floating yield near 9% and timely interest payments, despite a recent jump in loan loss provisions. The bank's asset quality metrics are in line with peers, and management is confident in limiting future loan losses, supporting my comfort as a debt investor. The baby bonds' seniority over equity and potential for a capital gain if called early add to their appeal versus common shares.
Neutral
Business Wire
1 month ago
First Internet Bank Secures $125,000 Grant for Indianapolis Neighborhood Housing Partnership
FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank announced today that it has assisted the Indianapolis Neighborhood Housing Partnership (INHP) in securing a $125,000 grant from the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) through its new Community Multiplier–Member Match program. “We commend FHLBank Indianapolis for its novel approach. In addition to partnering with member banks and not-for-profits, they invest ten percent of their annual net earnings back into affordabl.
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 July 15, 2025 to shareholders of record at the close of business on June 30, 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, fin.
Neutral
Business Wire
1 month ago
First Internet Bank Repeats as an Indianapolis Star Top Workplace
FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank was once again named one of Central Indiana's Top Workplaces by The Indianapolis Star, earning a spot on the list for mid-sized companies for the twelfth consecutive year. Top Workplace rankings are based on employee feedback gathered through a third-party survey that measures aspects of workplace culture, including alignment, execution and engagement. “We are proud to once again be recognized as a Top Workplace,” said Nicole Lorch, President.
Neutral
Business Wire
2 months ago
David Becker Named the 2025 Indianapolis Business Journal Mickey Maurer Entrepreneur of the Year
FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--David Becker, Chairman and Chief Executive Officer of First Internet Bank and its parent company First Internet Bancorp (Nasdaq: INBK), has been named the recipient of the 2025 Indianapolis Business Journal (IBJ) Mickey Maurer Entrepreneur of the Year Award. This prestigious honor recognizes his pioneering contributions to digital banking and enduring impact on Indiana's entrepreneurial and philanthropic landscape. Mr. Becker founded First Internet Bank in 1999 a.
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