First Internet Bancorp

INBK

US3205571017

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2023-11-29 pm EST			5-day change	1st Jan Change
21.30 ^USD	+5.65%		+12.05%	-12.27%

Oct. 30	Piper Sandler Trims First Internet Bancorp's Price Target to $18 From $19, Keeps Neutral Rating	MT
Oct. 27	Craig-Hallum Cuts Price Target on First Internet Bancorp to $19 From $22, Maintains Hold Rating	MT

First Internet Bancorp Announces Net Charge-Offs for the Second Quarter Ended June 30, 2023

July 26, 2023 at 04:50 pm EDT

First Internet Bancorp announced net charge-offs for the second quarter ended June 30, 2023. Net charge-offs were $1.6 million in the second quarter of 2023, compared to net charge-offs of $7.2 million in the first quarter of 2023.

Latest news about First Internet Bancorp

Piper Sandler Trims First Internet Bancorp's Price Target to $18 From $19, Keeps Neutral Rating	Oct. 30	MT
Craig-Hallum Cuts Price Target on First Internet Bancorp to $19 From $22, Maintains Hold Rating	Oct. 27	MT
Transcript : First Internet Bancorp, Q3 2023 Earnings Call, Oct 26, 2023	Oct. 26	CI
Earnings Flash (INBK) FIRST INTERNET BANCORP Posts Q3 EPS $0.39, vs. Street Est of $0.36	Oct. 25	MT
Earnings Flash (INBK) FIRST INTERNET BANCORP Posts Q3 Revenue $24.8M	Oct. 25	MT
Tranche Update on First Internet Bancorp's Equity Buyback Plan announced on December 20, 2022.	Oct. 25	CI
First Internet Bancorp Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Oct. 25	CI
First Internet Bancorp Keeps Quarterly Dividend at $0.06 a Share, Payable Oct. 16 to Shareholders of Record Sept. 29	Sep. 19	MT
First Internet Bancorp Declares Quarterly Dividend, Payable on October 16, 2023	Sep. 19	CI
Piper Sandler Raises First Internet Bancorp's Price Target to $25 From $17, Keeps Neutral Rating	Jul. 31	MT
First Internet Bancorp Provides Earnings Per Share Guidance for the Year 2024	Jul. 27	CI
Transcript : First Internet Bancorp, Q2 2023 Earnings Call, Jul 27, 2023	Jul. 27	CI
Earnings Flash (INBK) FIRST INTERNET BANCORP Posts Q2 Revenue $24M, vs. Street Est of $21M	Jul. 26	MT
Earnings Flash (INBK) FIRST INTERNET BANCORP Posts Q2 EPS $0.44, vs. Street Est of $0.40	Jul. 26	MT
Tranche Update on First Internet Bancorp's Equity Buyback Plan announced on December 20, 2022.	Jul. 26	CI
First Internet Bancorp Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	Jul. 26	CI
First Internet Bancorp Announces Net Charge-Offs for the Second Quarter Ended June 30, 2023	Jul. 26	CI
First Internet Bancorp Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	Jul. 26	CI
First Internet Bancorp(NasdaqGS:INBK) dropped from Russell Small Cap Comp Value Index	Jun. 23	CI
First Internet Bancorp(NasdaqGS:INBK) dropped from Russell Small Cap Completeness Index	Jun. 23	CI
First Internet Bancorp(NasdaqGS:INBK) dropped from Russell 2500 Value Index	Jun. 23	CI
First Internet Bancorp(NasdaqGS:INBK) dropped from Russell 2500 Index	Jun. 23	CI
First Internet Bancorp(NasdaqGS:INBK) dropped from Russell 3000 Index	Jun. 23	CI
First Internet Bancorp(NasdaqGS:INBK) dropped from Russell 2000 Index	Jun. 23	CI
First Internet Bancorp(NasdaqGS:INBK) dropped from Russell 3000E Value Index	Jun. 23	CI

Chart First Internet Bancorp

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Company Profile

First Internet Bancorp is a financial holding company that conducts its primary business activities through its wholly owned subsidiary, First Internet Bank of Indiana (the Bank), an Indiana chartered bank. The Bank offers a range of commercial, small business, consumer and municipal banking products and services. The Bank conducts its consumer and small business deposit operations primarily through digital channels on a nationwide basis and have no traditional branch offices. Its consumer lending products are primarily originated on a nationwide basis through relationships with dealerships and financing partners. The Bank's commercial banking products and services are delivered through a relationship banking model and include commercial and industrial (C&I) banking, construction and investor commercial real estate, single tenant lease financing, public finance, healthcare finance, small business lending, franchise finance and commercial deposits, and treasury management.

Sector

Banks

Calendar

2024-01-16 - Q4 2023 Earnings Release (Projected)

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Income Statement Evolution

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Ratings for First Internet Bancorp

Trading Rating :

Investor Rating :

ESG Refinitiv :

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

21.30USD

Average target price

21.30USD

Spread / Average Target

0.00%

Consensus

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Estimates Revisions

Quarterly earnings - Rate of surprise

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