Insider Trader Watch: First Internet Bancorp $INBK

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First Internet Bancorp (INBK) insiders have most recently took part in a trading activity. On Sep 20, 2017 Becker David B, Chairman, President and CEO bought 5,000 shares having total worth of $150,100 at the price of $30.02 per share, following the transaction a total of 250,193 shares owned by Becker David B.

On the same day, Williams Jerry L., Director bought 2,100 shares having total worth of $63,105 at the price of $30.05 per share, following the transaction a total of 53,538 shares owned by Williams Jerry L..

Furthermore, over the past 12 months , the stock was traded 1 times by insiders. an employee of the company was the buyer in 1 instances.

Shares of First Internet Bancorp (INBK) traded down 0.33% on Sep 21, 2017, hitting $30.05. 65,560 shares of the company’s stock traded hands. First Internet Bancorp has a 52 week low of $21.97 and a 52 week high of $33. The company’s market cap is $126 million.

First Internet Bancorp (INBK) last announced its earnings results on Jul 20, 2017. The company reported 0.61 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.55 by $0.06. The company had revenue of $16 million for the quarter, compared to the consensus estimate of $13 million. During the same quarter in the previous year, the company posted 0.57 earnings per share. The company’s revenue for the quarter was up 20% on a year-over-year basis.

2017-07-20 2017-04-20 2017-01-19 2016-10-20 2016-07-21 2016-01-21 2015-10-22 2015-07-23 2015-04-23 2014-10-23
earnings per share 0.61 0.43 0.64 0.55 0.57 0.00 0.51 0.50 0.46 0.28
Revenue(M) 15.71 13.59 13.8 15.24 13.05 0 7.39 10.05 9.92 9.89

Southern Michigan Bancorp, Inc. was incorporated under the laws of the State of Indiana on September 15, 2005. The Company is a bank holding company for First Internet Bank of Indiana. The Bank provides online commercial and retail banking products and services in the United States. It offers checking accounts, regular and money market accounts, certificates of deposit, individual retirement accounts, and education saving accounts. The company also provides fixed and adjustable rate mortgage loans, FHA and VA options, home equity loans, consumer loans, and commercial loans, as well as installment loans for new and used autos, RVs, boats, motorcycles, and other purchases. In addition, it offers debit and credit cards. The company offers its services through its Website, firstib.com.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.