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Highlights for the first quarter include: Quarterly net income of $11.2 million, compared to $12.5 million for the fourth quarter of 2021 and $10.5 million for the first quarter of 2021 Quarterly diluted earnings per share of $1.14, compared to $1.25 for the fourth q...
First Internet Bank announced today that Genevieve Lua has joined its growing Small Business Administration (SBA) Lending team as a Vice President, Business Development Officer. “Genevieve’s people-first focus and relationship-building skills are important assets,&...
The upcoming acquisition of First Century Bancorp, fintech partnerships, team expansion, and economic recovery will boost the balance sheet this year. The acquisition and maturities of costly deposits will expand the margin this year. The continued team expansion will likely drive...
Conference call and webcast to be held on Thursday, April 21 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 2022 financial re...
In an effort to enhance customers' experience, First Internet Bank (NASDAQ:INBK) on Thursday has eliminated overdraft fees on personal and small business deposit accounts. INBK has joined a slew of lenders that have recently either removed or reduced overdraft fees, including Regions Bank (RF...
For many consumers and small business owners, the result of one or more overdraft fees can be devastating. In response, First Internet Bank has announced that it is removing overdraft fees on personal and small business deposit accounts. This change has been made to deliver a better...
The huge drop we saw in most markets earlier last week triggered a large number of insider purchases. The largest purchase last week was by Will Griffith, an independent director of construction management software company Procore Technologies. Will Griffith acquired nearly $60 mi...
At Gator Capital Management, we are dedicated to the management of concentrated investment portfolios consisting of companies with proven profitability and dominant franchises. Although higher interest rates will benefit the Fund’s portfolio, we are making sure that the Fund is...
First Internet Bancorp (NASDAQ: INBK) beat estimates in its fourth-quarter earnings report, but Fool contributor Jason Hall sees two potential warning signs. In this episode of "Beat and Raise," recorded on Jan. 21 , Hall discusses with Fool contributor Brian Withers how the...
Highlights for the fourth quarter and full year 2021 include: Record annual net income and diluted earnings per share of $48.1 million and $4.82, respectively Quarterly net income of $12.5 million, compared to $12.1 million for the third quarter of 2021 and $11.1 mil...
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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...