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How to buy First Internet Bancorp (INBK) stocks in Canada
Learn how to easily invest in First Internet Bancorp stocks.
First Internet Bancorp is a banks-regional business based in the US. First Internet Bancorp stocks (INBK.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $30.05 – an increase of 0.08% over the previous week. First Internet Bancorp employs 255 staff and has a trailing 12-month revenue of around $116.3 million.
How to buy shares in First Internet Bancorp
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – INBK – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in First Internet Bancorp?
- Has coronavirus impacted First Internet Bancorp shares?
- First Internet Bancorp shares summary
- Compare share dealing platforms
- Is First Internet Bancorp stock a buy or sell?
- First Internet Bancorp performance over time
- Are First Internet Bancorp shares over-valued?
- First Internet Bancorp's financials
- How volatile are First Internet Bancorp shares?
- Does First Internet Bancorp pay a dividend?
- Have First Internet Bancorp shares ever split?
- Other common questions
First Internet Bancorp stock price (NASDAQ:INBK)Use our graph to track the performance of INBK stocks over time.
First Internet Bancorp shares at a glance
|Latest market close||$52.14|
|52-week range||$27.96 - $53.43|
|50-day moving average||$45.80|
|200-day moving average||$35.67|
|Wall St. target price||$56.20|
|Dividend yield||$0.24 (0.46%)|
|Earnings per share (TTM)||$4.69|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy First Internet Bancorp stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
First Internet Bancorp price performance over time
|1 week (2022-01-14)||0.08%|
|1 month (2021-12-21)||17.49%|
|3 months (2021-10-21)||45.93%|
|6 months (2021-07-21)||66.05%|
|1 year (2021-01-21)||64.58%|
|2 years (2020-01-21)||118.62%|
|3 years (2019-01-18)||112.82%|
|5 years (2017-01-20)||74.67%|
Is First Internet Bancorp under- or over-valued?
Valuing First Internet Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of First Internet Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
First Internet Bancorp's P/E ratio
First Internet Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, First Internet Bancorp shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
First Internet Bancorp financials
|Revenue TTM||$116.3 million|
|Operating margin TTM||50.16%|
|Gross profit TTM||$92 million|
|Return on assets TTM||1.09%|
|Return on equity TTM||13.57%|
|Market capitalisation||$512.5 million|
TTM: trailing 12 months
First Internet Bancorp share dividends
Dividend payout ratio: 5.27% of net profits
Recently First Internet Bancorp has paid out, on average, around 5.27% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.46% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), First Internet Bancorp shareholders could enjoy a 0.46% return on their shares, in the form of dividend payments. In First Internet Bancorp's case, that would currently equate to about $0.24 per share.
While First Internet Bancorp's payout ratio might seem low, this can signify that First Internet Bancorp is investing more in its future growth.
First Internet Bancorp's most recent dividend payout was on 17 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 29 December 2021 (the "ex-dividend date").
Have First Internet Bancorp's shares ever split?
First Internet Bancorp's shares were split on a 15:10 basis on 23 June 2013. So if you had owned 10 shares the day before before the split, the next day you'd have owned 15 shares. This wouldn't directly have changed the overall worth of your First Internet Bancorp shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for First Internet Bancorp shares which in turn could have impacted First Internet Bancorp's share price.
First Internet Bancorp share price volatility
Over the last 12 months, First Internet Bancorp's shares have ranged in value from as little as $27.9595 up to $53.43. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while First Internet Bancorp's is 0.776. This would suggest that First Internet Bancorp's shares are less volatile than average (for this exchange).
First Internet Bancorp overview
First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides commercial and retail banking products and services to individuals and commercial customers in the United States. The company accept non-interest bearing and interest-bearing demand deposit, savings, money market, and brokered deposit accounts, as well as certificates of deposit. It also offers commercial and industrial, owner-occupied and investor commercial real estate, construction, residential mortgage, home equity and improvement, small installment, term, and other consumer loans, as well as single tenant lease financing, and public and healthcare finance; and credit and debit cards. In addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and provision of municipal finance lending and leasing products to government entities. In addition, it offers corporate credit card and treasury management services. The company provides its services through its Website, firstib. com.
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First Internet Bancorp in the news
First Internet Bancorp 2021 Q4 - Results - Earnings Call Presentation
First Internet Bancorp (INBK) CEO David Becker on Q4 2021 Results - Earnings Call Transcript
Financial Sector Update for 01/20/2022: HKIB, INBK, STL, AMTB
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