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First Internet Bank announced today that two media outlets, Investopedia , a leading financial news and education source, and CNET , a technology-oriented review site, listed two of the bank’s accounts as leaders in their individual categories. Through its independent review pr...
2023-06-08 13:00:00 ET Summary 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 con...
2023-05-24 14:57:22 ET In its preliminary annual 2023 Russell indexes reconstitution, the following major financials and real estate companies will be added to and deleted from the Russell 3000 index: Notable additions : NewtekOne ( NASDAQ: NEWT ), Alpine Income Prope...
For the tenth consecutive year, First Internet Bank has once again been selected as one The Indianapolis Star’s “Top Workplaces in Central Indiana,” a distinction determined by employee engagement surveys. “Knowing that this distinction is based exclusively on ...
First Internet Bank announced today that Charles Wheaton has joined the organization as Vice President, Senior Business Development Officer. With his vast experience in all facets of corporate lending, their newest member further strengthens the Bank’s Small Business Administration (SBA) t...
2023-05-08 00:48:23 ET Summary Thirteen badly beaten-up bank stocks are reviewed and compared to those that were recently taken over. Items reviewed include uninsured deposits, risky activities, unrealized investment losses, capital ratios, ROE, performance in the last recession, ...
2023-04-29 13:30:19 ET First Internet Bancorp (INBK) Q1 2023 Results Conference Call April 27, 2023 2:00 PM ET Company Participants Larry Clark - MD, Financial Profiles David Becker - Chairman and CEO Ken Lovik - Executive VP and CFO Conference Call Partici...
2023-04-26 17:11:59 ET First Internet Bancorp press release ( NASDAQ: INBK ): Q1 Non-GAAP EPS of $0.53 beats by $0.06 . Revenue of $25.02M (-23.3% Y/Y) beats by $3.02M . As of March 31, 2023, total shareholders’ equity was $357.3 million, a decrease of $...
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 grow...
First Internet Bank announced today that Lorraine (Lorrie) Ortiz has joined as Chief People Officer. She will be responsible for a range of talent strategies and human resource programs, including leading efforts to drive the company’s employee experience, diversity and inclusion initiativ...
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2024-07-26 10:15:03 ET Craig-Hallum analyst issues BUY recommendation for INBK on July 26, 2024 09:03AM ET. The previous analyst recommendation was Buy. INBK was trading at $37.946 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current a...
2024-07-26 10:00:10 ET George Sutton from Craig-Hallum issued a price target of $45.00 for INBK on 2024-07-26 09:03:00. The adjusted price target was set to $45.00. At the time of the announcement, INBK was trading at $37.946. The overall price target consensus is at $34...
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, 2024. Second Quarter 2024 Financial Highlights Net...