First Internet Bancorp (INBK) Analysts See $0.44 EPS


First Internet Bancorp (NASDAQ:INBK) Logo
Investors sentiment decreased to 1.08 in 2018 Q4. Its down 0.88, from 1.96 in 2018Q3. It dropped, as 14 investors sold First Internet Bancorp shares while 24 reduced holdings. 14 funds opened positions while 27 raised stakes. 7.08 million shares or 0.51% less from 7.11 million shares in 2018Q3 were reported.
Clarivest Asset Lc has invested 0.02% in First Internet Bancorp (NASDAQ:INBK). Bancorp Of Montreal Can has 607 shares. Penn Cap owns 0.31% invested in First Internet Bancorp (NASDAQ:INBK) for 153,363 shares. The North Carolina-based Bancorp Of America De has invested 0% in First Internet Bancorp (NASDAQ:INBK). Stifel Fincl, a Missouri-based fund reported 153,538 shares. New York-based Jpmorgan Chase & has invested 0% in First Internet Bancorp (NASDAQ:INBK). Legal And General Group Public Limited Liability holds 1,439 shares. State Street stated it has 0% of its portfolio in First Internet Bancorp (NASDAQ:INBK). Glenmede Trust Na reported 42 shares. Jbf Incorporated has invested 0% of its portfolio in First Internet Bancorp (NASDAQ:INBK). Kennedy Management has 0.17% invested in First Internet Bancorp (NASDAQ:INBK) for 334,545 shares. California State Teachers Retirement Sys owns 14,857 shares. Goldman Sachs Gru holds 0% in First Internet Bancorp (NASDAQ:INBK) or 109,901 shares. First Fincl Corp In reported 3,000 shares or 0.05% of all its holdings. Teton Advisors reported 33,720 shares stake.

Since November 1, 2018, it had 3 buys, and 0 insider sales for $159,310 activity. 1,500 shares were bought by Williams Jerry L., worth $38,820.

Analysts expect First Internet Bancorp (NASDAQ:INBK) to report $0.44 EPS on April, 18.They anticipate $0.27 EPS change or 38.03 % from last quarter’s $0.71 EPS. INBK’s profit would be $4.48M giving it 11.55 P/E if the $0.44 EPS is correct. After having $0.53 EPS previously, First Internet Bancorp’s analysts see -16.98 % EPS growth. The stock increased 0.40% or $0.08 during the last trading session, reaching $20.33. About 83,887 shares traded or 61.92% up from the average. First Internet Bancorp (NASDAQ:INBK) has declined 41.15% since March 17, 2018 and is downtrending. It has underperformed by 45.52% the S&P500.

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First Internet Bancorp (NASDAQ:INBK) Ratings Coverage

Among 2 analysts covering First Internet (NASDAQ:INBK), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. First Internet had 3 analyst reports since January 25, 2019 according to SRatingsIntel. Hovde Group downgraded First Internet Bancorp (NASDAQ:INBK) on Monday, January 28 to “Market Perform” rating. The rating was downgraded by Maxim Group to “Hold” on Friday, January 25.

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 company has market cap of $206.77 million. The firm offers savings accounts, non-interest bearing and interest-bearing accounts, money market accounts, brokered deposit accounts, and certificates of deposit. It has a 8.84 P/E ratio. 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.

More notable recent First Internet Bancorp (NASDAQ:INBK) news were published by: Businesswire.com which released: “First Internet Bancorp Named 2018 Bank & Thrift “Sm-All Star” by Sandler O’Neill + Partners, L.P. – Business Wire” on September 20, 2018, also Fool.com with their article: “First Internet Bancorp Upgraded: What You Need to Know – The Motley Fool” published on June 14, 2018, Seekingalpha.com published: “First Internet Bancorp (INBK) CEO David Becker on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on October 25, 2018. More interesting news about First Internet Bancorp (NASDAQ:INBK) were released by: Businesswire.com and their article: “First Internet Bancorp Announces Stock Repurchase Program – Business Wire” published on December 19, 2018 as well as Seekingalpha.com‘s news article titled: “First Internet Bancorp Is Very Different, And Quite Possibly Meaningfully Undervalued – Seeking Alpha” with publication date: September 24, 2018.

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First Internet Bancorp (NASDAQ:INBK) Institutional Positions Chart

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