Analysts See $0.73 EPS for First Internet Bancorp (INBK) on July, 19

June 29, 2018 - By Alice Reed

First Internet Bancorp (NASDAQ:INBK) Corporate Logo
During 2018 Q1 the big money sentiment decreased to 0.93. That’s change of 1.07, from 2017Q4’s 2. 8 investors sold all, 32 reduced holdings as First Internet Bancorp ratio is negative. 26 increased positions while 11 funds acquired positions. Funds hold 5.61 million shares thus 2.26% less from 2017Q4’s 5.74 million shares.
Geode Capital Limited Liability has invested 0% in First Internet Bancorp (NASDAQ:INBK). Victory Mgmt invested 0% of its capital in First Internet Bancorp (NASDAQ:INBK). Heartland, a Wisconsin-based fund reported 332,787 shs. 206,800 were accumulated by Franklin Resources Inc. Barclays Public Limited Company owns 1,654 shs for 0% of their capital. 116 were reported by Qs Invsts Limited Liability Corp. Foundry Partners Limited Company accumulated 0.29% or 183,062 shs. Rhumbline Advisers invested in 0% or 7,204 shs. First Tru Advisors Ltd Partnership owns 17,430 shs for 0% of their capital. Signia Cap Limited Co reported 114,656 shs stake. Bowling Mgmt Ltd holds 24,566 shs or 0.12% of its capital. Kennedy Capital Mngmt reported 312,063 shs. Thomson Horstmann Bryant, a Connecticut-based fund reported 268,389 shs. Eam Investors Ltd Limited Liability Company reported 18,348 shs. Tiaa Cref Invest Management Ltd Company reported 0% of its capital in First Internet Bancorp (NASDAQ:INBK).

First Internet Bancorp (NASDAQ:INBK)’s earnings release is expected by WallStreet on July, 19, as reported by RTT. The earnings per share diference is $0.12 or 19.67 % up from last years number. Previous year: $0.61; Analysts forcast: $0.73. In case of $0.73 earnings per share INBK’s profit could be $7.27 million. 2.82 % EPS growth is what analysts predict. $0.71 earnings per share was announced for previous quarter. INBK is hitting $34.15 during the last trading session, after increased 1.49%.Currently First Internet Bancorp is uptrending after 34.27% change in last June 29, 2017. INBK has 28,266 shares volume. INBK outperformed the S&P 500 by 21.70%.

First Internet Bancorp (NASDAQ:INBK) Ratings Coverage

In total 6 analysts cover First Internet Bancorp (NASDAQ:INBK). “Buy” rating has 5, “Sell” are 0, while 1 are “Hold”. 83% are bullish. 9 are the (NASDAQ:INBK)’s analyst reports since January 19, 2018 according to StockzIntelligence Inc. The company rating was maintained by Hovde Group on Monday, January 22. On Monday, February 26 the firm earned “Buy” rating by Keefe Bruyette & Woods. The company rating was maintained by Keefe Bruyette & Woods on Friday, January 19. On Monday, January 22 the rating was downgraded by FIG Partners to “Market Perform”. On Friday, April 20 Keefe Bruyette & Woods maintained First Internet Bancorp (NASDAQ:INBK) rating. Keefe Bruyette & Woods has “Buy” rating and $4800 target. On Friday, April 20 the stock of First Internet Bancorp (NASDAQ:INBK) has “Buy” rating given by Sandler O’Neill. In Friday, January 19 report Maxim Group maintained it with “Buy” rating and $46.0 target. On Friday, April 20 the rating was maintained by Maxim Group with “Buy”.

First Internet Bancorp operates as a bank holding firm for First Internet Bank of Indiana that provides commercial and retail banking services and products in the United States.The firm is worth $340.00 million. The firm offers savings accounts, non-interest bearing and interest-bearing accounts, money market accounts, brokered deposit accounts, and certificates of deposit.The P/E ratio is 14.13. It also provides loans to individuals, including residential real estate loans, home equity loans and lines of credit, and consumer loans; and loans to commercial clients, such as commercial real estate loans, commercial and industrial loans, public and single tenant lease financing, investor commercial real estate and construction loans, lines of credit, term loans, owner-occupied commercial real estate loans, letters of credit, and municipal lending and leasing products, as well as corporate credit card and treasury management services.

For more First Internet Bancorp (NASDAQ:INBK) news published briefly go to: Businesswire.com, Businesswire.com, Businesswire.com, Streetinsider.com or Nasdaq.com. The titles are as follows: “First Internet Bancorp Announces Commencement of Common Stock Offering” published on June 06, 2018, “First Internet Bancorp Announces Closing of Common Stock Offering” on June 11, 2018, “First Internet Bank Recognized as Top Workplace, Honored for Leadership” with a publish date: June 27, 2018, “First Internet Bancorp (INBK) Prices 1.5M Common Stock Offering at $33.25/Share” and the last “New Research Coverage Highlights Accenture, Chico’s FAS, The Allstate, Sangamo Therapeutics, ABB, and First …” with publication date: June 13, 2018.

First Internet Bancorp (NASDAQ:INBK) Institutional Investors Chart

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