INBKFinancial Services · Banks - RegionalThe 4 Wall Street analysts covering First Internet Bancorp hold a median 12-month price target of $29 — +11.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 37 of 100 as at 29 Oct 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores First Internet Bancorp on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Issuance (79): The share count has been shrinking and the company is not leaning on new borrowing.
Volatility (8): The share price moves around a lot.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on INBK, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +11.4% from it.
Of the 20 most recent actions, 3 moved their price target up and 0 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 31 July 2026 | Benchmark | Maintains | Buy | $33 → $35 |
| 31 July 2026 | Piper Sandler | Maintains | Neutral | $26 → $30 |
| 26 June 2026 | Piper Sandler | Maintains | Neutral | $24 → $26 |
| 26 June 2026 | Piper Sandler | Maintains | Neutral | — |
| 25 June 2026 | Benchmark | Initiates | Buy | — |
| 25 June 2026 | Benchmark | Initiates | Buy | $33 |
| 1 May 2026 | Keefe, Bruyette & Woods | Maintains | Market Perform | — |
| 1 May 2026 | Piper Sandler | Maintains | Neutral | — |
| 30 Jan 2026 | Keefe, Bruyette & Woods | Maintains | Market Perform | — |
| 30 Jan 2026 | Piper Sandler | Maintains | Neutral | — |
| 27 Oct 2025 | Piper Sandler | Maintains | Neutral | — |
| 24 Oct 2025 | Keefe, Bruyette & Woods | Maintains | Market Perform | — |
| 28 July 2025 | Keefe, Bruyette & Woods | Reiterates | Market Perform | — |
| 28 July 2025 | Piper Sandler | Maintains | Neutral | — |
| 29 Apr 2025 | Keefe, Bruyette & Woods | Maintains | Market Perform | — |
| 28 Apr 2025 | Piper Sandler | Maintains | Neutral | — |
| 2 Apr 2025 | Hovde Group | Maintains | Outperform | — |
| 27 Jan 2025 | Piper Sandler | Maintains | Neutral | — |
| 24 Jan 2025 | Keefe, Bruyette & Woods | Reiterates | Market Perform | — |
| 4 Dec 2024 | Keefe, Bruyette & Woods | Maintains | Market Perform | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
INBK appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 30 Oct 2026, First Internet Bancorp returned +47.5% against +14.4% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 55% of US stocks
Cheaper than 28% of US stocks
Cheaper than 80% of US stocks
Higher than 82% of US stocks
Higher than 98% of US stocks
Higher than 67% of US stocks
Higher than 9% of US stocks
Higher than 37% of US stocks
Higher than 41% of US stocks
Higher than 70% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
First Internet Bancorp has a market value of $232.8M and an enterprise value of $167.0M.
Revenue in the twelve months to 30 June 2026: $123.7M. The latest quarter grew 39.0% year on year.
Net income over the same four quarters: −$31.4M, a −25.4% net margin.
Diluted earnings per share, trailing twelve months: $−3.60.
Free cash flow in the twelve months to 30 June 2026: $159.9M.
First Internet Bancorp spent $2.1M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 11.2×; forward P/E: 6.1× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.90%, paying out 14% of earnings.
First Internet Bancorp employs 354 people — $350K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
| Company | Market cap | TKN rank |
|---|---|---|
| INBKFirst Internet Bancorp | $232.8M | 37 |
| CMTVCommunity Bancorp (Vermont) | $235.9M | 74 |
| PEBKPeoples Bancorp of North Carolina, Inc. | $243.5M | 76 |
| OVBCOhio Valley Banc Corp. | $231.1M | 31 |
| OPBKOP Bancorp | $230.0M | 90 |
| CZWICitizens Community Bancorp, Inc. (Wisconsin) | $228.4M | 69 |
| EFSIEagle Financial Services, Inc. | $249.3M | 81 |
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own First Internet Bancorp — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Seeking Alpha published a transcript of First Internet Bancorp’s Q3 2026 earnings call. The excerpt provides no further details about the discussion.
Why it matters — The transcript may be relevant to INBK watchers seeking the company’s commentary on its third-quarter results.
First Internet Bancorp reported quarterly earnings of $0.57 per share, below the Zacks consensus estimate of $0.80. This compares with a loss of $1.43 per share a year earlier.
Why it matters — INBK watchers may note the earnings miss alongside the year-over-year improvement from a loss to a profit.
A Zacks Investment Research item says First Internet Bancorp’s Q3 headline numbers for the quarter ended September 2026 offer a view of performance. It focuses on comparing key metrics with Wall Street estimates and year-ago actuals.
Why it matters — The comparisons provide INBK watchers context for assessing quarterly results against expectations and the prior year.
First Internet Bancorp reported third-quarter 2026 net income of $4.8 million, or $0.54 per diluted share. Record revenue and continued net interest margin expansion helped offset a credit-related charge tied to a franchise finance borrower.
Why it matters — INBK watchers may note the combination of revenue and margin growth with a borrower-related credit charge in the quarter.
First Internet Bancorp reported third-quarter 2026 total revenue of $43.9 million, up 7% quarter over quarter, with net interest income up 7% and noninterest income up 6%. The headline also cites continued net interest margin expansion.
Why it matters — The reported revenue growth and margin expansion are operating updates relevant to investors tracking INBK’s quarterly results.
The 4 Wall Street analysts covering First Internet Bancorp have a median 12-month price target of $29, with estimates ranging from $27 to $35. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 4 analysts covering First Internet Bancorp, 1 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks First Internet Bancorp 37 out of 100 across roughly 4,600 US stocks as at 29 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 29 Oct 2026, First Internet Bancorp ranks 37 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (79 of 100).
No one can know that. What the data says: the median 12-month target from 4 analysts implies +11.4% from the last close, and Ticker Nerd's factor model ranks First Internet Bancorp 37 out of 100 as at 29 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering First Internet Bancorp publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for INBK are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $27 to $35 over the next 12 months.
First Internet Bancorp returned +47.5% over the 12 months to 30 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
First Internet Bancorp is a bank holding company that operates through First Internet Bank of Indiana, offering a broad range of commercial, small business, consumer, and municipal banking services. The company focuses on digital banking, providing deposit products, treasury management, corporate credit cards, and lending solutions for businesses, households, and public-sector clients.
The most recent item we track (Seeking Alpha, 30 Oct 2026): "First Internet Bancorp (INBK) Q3 2026 Earnings Call Transcript". Seeking Alpha published a transcript of First Internet Bancorp’s Q3 2026 earnings call. The excerpt provides no further details about the discussion.
First Internet Bancorp is a bank holding company that operates through First Internet Bank of Indiana, offering a broad range of commercial, small business, consumer, and municipal banking services. The company focuses on digital banking, providing deposit products, treasury management, corporate credit cards, and lending solutions for businesses, households, and public-sector clients. Its lending activities include commercial and industrial loans, commercial real estate finance, residential mortgages, consumer credit, and specialized municipal finance products. First Internet Bancorp serves customers nationwide through online channels, supporting banking relationships without a traditional branch network. Headquartered in Fishers, Indiana, First Internet Bancorp plays a specialized role in the U.S. financial services market by combining relationship-based banking with an internet-first operating model.
CEO Mr. David B. Becker · 354 employees · United States · https://www.firstinternetbancorp.com
