First Internet Bancorp – Fixed- (NASDAQ:INBKZ) Shares Down 0.2% – Here’s What Happened

First Internet Bancorp – Fixed- (NASDAQ:INBKZ) dropped 0.2% on Wednesday . The stock traded as low as $24.58 and last traded at $24.70. Approximately 3,350 shares traded hands during mid-day trading, an increase of 10% from the average daily volume of 3,046 shares. The stock had previously closed at $24.75.

First Internet Bancorp – Fixed- Trading Down 0.2%

The firm has a fifty day moving average of $24.67 and a 200-day moving average of $24.72.

First Internet Bancorp – Fixed- Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Saturday, November 15th were given a $0.5236 dividend. The ex-dividend date was Friday, November 14th. This represents a $2.09 annualized dividend and a dividend yield of 8.5%.

About First Internet Bancorp – Fixed-

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.