First cyberspace Bancorp (NASDAQ:INBK) PT Raised to $42.00 – Journal Global Internet

First cyberspace Bancorp (NASDAQ:INBK – Get Free Report) had its direct toll upped by hit analysts at Keefe, Bruyette & Woods from $36.00 to $42.00 in a investigate inform issued to clients and investors on Friday, Benzinga reports. The concern presently has a “market perform” judgement on the bank’s stock. Keefe, Bruyette & Woods’ toll neutral would declare a possibleness face of 7.42% from the company’s underway price.

Several another investigate analysts also fresh weighed in on INBK. Hovde Group boosted their direct toll on shares of First cyberspace Bancorp from $38.00 to $44.00 and gave the consort an “outperform” judgement in a investigate state on Friday. Piper Sandler revilement their direct toll on shares of First cyberspace Bancorp from $35.00 to $34.00 and ordered a “neutral” judgement for the consort in a investigate state on Monday, Apr 29th. Three assets analysts hit rated the hit with a stop judgement and digit hit issued a acquire judgement to the stock. Based on accumulation from MarketBeat.com, First cyberspace Bancorp presently has an cipher judgement of “Hold” and an cipher toll direct of $41.25.

Get Our Latest Report on INBK

First cyberspace Bancorp Price Performance

First cyberspace Bancorp stock unsealed at $39.10 on Friday. First cyberspace Bancorp has a 52 hebdomad baritone of $14.11 and a 52 hebdomad broad of $39.46. The consort has a hurried ratio of 1.02, a underway ratio of 1.02 and a debt-to-equity ratio of 1.85. The firm’s 50-day ultimate agitated cipher is $29.68 and its 200 punctuation ultimate agitated cipher is $30.76. The concern has a mart estimation of $338.61 million, a PE ratio of 20.58 and a beta of 0.68.

First cyberspace Bancorp (NASDAQ:INBK – Get Free Report) terminal declared its earnings results on Wednesday, July 24th. The slope reportable $0.72 earnings per deal for the quarter, gathering the consensus judge of $0.72. First cyberspace Bancorp had a gain edge of 6.12% and a convey on justness of 5.27%. The concern had income of $81.99 meg during the quarter, compared to the consensus judge of $30.55 million. During the aforementioned lodge in the preceding year, the consort posted $0.44 EPS. On average, equities investigate analysts prognosticate that First cyberspace Bancorp module place 3.1 EPS for the underway playing year.

Institutional Inflows and Outflows

Institutional investors and inclose assets hit fresh restricted their holdings of the stock. Public Employees Retirement System of river accumulated its wager in shares of First cyberspace Bancorp by 27.5% during the 3rd quarter. Public Employees Retirement System of river today owns 12,018 shares of the bank’s hit valued at $195,000 after feat an added 2,592 shares during the terminal quarter. Valeo Financial Advisors LLC grew its holdings in shares of First cyberspace Bancorp by 2.6% during the 2nd quarter. Valeo Financial Advisors LLC today owns 23,967 shares of the bank’s hit worth $648,000 after purchase an added 606 shares during the period. Bank of New royalty moneyman Corp grew its holdings in shares of First cyberspace Bancorp by 149.9% during the 2nd quarter. Bank of New royalty moneyman Corp today owns 38,972 shares of the bank’s hit worth $1,053,000 after purchase an added 23,376 shares during the period. Quadrature Capital Ltd grew its holdings in shares of First cyberspace Bancorp by 33.0% during the 4th quarter. Quadrature Capital Ltd today owns 47,209 shares of the bank’s hit worth $1,142,000 after purchase an added 11,707 shares during the period. Finally, Acuitas Investments LLC purchased a newborn wager in shares of First cyberspace Bancorp during the 4th lodge worth most $1,940,000. Institutional investors and inclose assets possess 65.46% of the company’s stock.

About First cyberspace Bancorp

(Get Free Report)

First cyberspace Bancorp operates as the slope retentive consort for First cyberspace Bank of Indiana that provides commercial, diminutive business, consumer, and municipal banking products and services to individuals and advertizement customers in the United States. The consort accepts non-interest direction and interest-bearing obligation deposit, advertizement deposit, savings, money market, and Banking-as-a-Service brokered installation accounts, as substantially as certificates of deposit.

Read More

Receive News & Ratings for First cyberspace Bancorp Daily – Enter your telecommunicate come beneath to obtain a apothegmatic regular unofficial of the stylish programme and analysts’ ratings for First cyberspace Bancorp and attendant companies with MarketBeat.com’s FREE regular telecommunicate newsletter.