First Internet Bancorp – Fixed- (NASDAQ:INBKZ) Shares Down 0.4% – Here’s What Happened

Shares of First Internet Bancorp – Fixed- (NASDAQ:INBKZ) were down 0.4% during trading on Thursday . The stock traded as low as $25.12 and last traded at $25.1110. Approximately 4,415 shares were traded during mid-day trading, an increase of 72% from the average daily volume of 2,572 shares. The stock had previously closed at $25.20.

First Internet Bancorp – Fixed- Trading Down 0.4%

The business has a 50 day simple moving average of $25.08 and a two-hundred day simple moving average of $24.78.

First Internet Bancorp – Fixed- Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 15th were given a dividend of $0.5048 per share. This represents a $2.02 annualized dividend and a yield of 8.0%. This is a boost from First Internet Bancorp – Fixed-‘s previous quarterly dividend of $0.50. The ex-dividend date was Friday, May 15th.

First Internet Bancorp – Fixed- Company Profile

First Internet Bancorp is a bank holding company whose primary subsidiary, First Internet Bank of Indiana, operates as a fully digital, branchless bank. Founded in 1999 and headquartered in Fishers, Indiana, the company was among the first to deliver comprehensive banking services exclusively online. It is traded on the NASDAQ under the symbol INBKZ.

The company offers a broad range of deposit products, including interest-bearing checking and savings accounts, money market accounts, certificates of deposit, and individual retirement accounts.