First Internet Bancorp (INBK) – Analysts’ Weekly Ratings Changes
by Amy Steele · The Cerbat GemFirst Internet Bancorp (NASDAQ: INBK) recently received a number of ratings updates from brokerages and research firms:
- 6/26/2026 – First Internet Bancorp had its price target raised by Piper Sandler from $24.00 to $26.00. They now have a “neutral” rating on the stock.
- 6/24/2026 – First Internet Bancorp is now covered by Benchmark Co.. They set a “buy” rating and a $33.00 price target on the stock.
- 6/24/2026 – First Internet Bancorp had its “sell (d)” rating reaffirmed by Weiss Ratings.
- 6/24/2026 – First Internet Bancorp was upgraded by Benchmark Co. to “strong-buy”.
- 6/6/2026 – First Internet Bancorp was upgraded by Wall Street Zen from “hold” to “buy”.
First Internet Bancorp Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Tuesday, June 30th. First Internet Bancorp’s dividend payout ratio (DPR) is -6.23%.
First Internet Bancorp is the bank holding company for First Internet Bank of Indiana, a pioneer in digital banking in the United States. Established with a focus on online-only operations, the company offers fully integrated, web-based financial solutions without the overhead of physical branches. Headquartered in Indianapolis, Indiana, First Internet Bancorp leverages technology to deliver streamlined banking services to customers across the country.
The company’s core offerings include a range of deposit products such as checking accounts, savings accounts, money market accounts, certificates of deposit (CDs) and individual retirement accounts (IRAs).
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