Best CD Rates Today – Is Time Running Out on High APYs?, April 11, 2024 [CNET News]
First Internet Bancorp (INBK)
Last first internet bancorp earnings: 4/22 04:52 pm
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US:NASDAQ Investor Relations:
firstinternetbancorp.com/tearsheet.aspx?iid=4112285
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Source: CNET News
Key takeaways Top-earning CDs currently offer APYs as high as 5.35%. Your rate is fixed when you open a CD. With rates on the way down, now's the time to lock in a high APY and protect your earning potential. Despite months of gradual declines, certificate of deposit rates remain attractive. Today's top CDs offer up to 5.35% annual percentage yield, or APY -- more than three times the national average for some terms. But these rates won't stick around forever. “The Federal Reserve is expected to begin cutting rates sometime in 2024 and into 2025,” said Faron Daugs , CFP, founder and CEO at Harrison Wallace Financial Group . “By purchasing CDs today, you lock in these higher rates for the CD term without concern that that rate will go down until it is up for renewal.” Your APY is fixed when you open a CD, which means your earnings are protected from any future rate drops. And with further drops likely, the sooner you open an account, the more interest you stand to earn.
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News
- First Internet Bancorp (NASDAQ: INBK) had its price target lowered by analysts at Piper Sandler from $35.00 to $34.00. They now have a "neutral" rating on the stock.MarketBeat
- Best CD Rates Today -- Should You Lock in a High CD APY Before the Fed Meeting? April 29, 2024 [CNET News]CNET News
- First Internet Bancorp (NASDAQ: INBK) had its "market perform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $36.00 price target on the stock, up previously from $34.00.MarketBeat
- First Internet Bancorp (NASDAQ: INBK) had its price target lowered by analysts at Hovde Group from $38.50 to $38.00. They now have an "outperform" rating on the stock.MarketBeat
- Best CD Rates Today, April 26, 2024: High APYs Won't Last Forever [CNET News]CNET News
INBK
Earnings
- 4/24/24 - Beat
INBK
Analyst Actions
- 4/26/24 - Keefe, Bruyette & Woods
INBK
Sec Filings
- 4/24/24 - Form 8-K
- 3/28/24 - Form DEFA14A
- 3/28/24 - Form DEF
- INBK's page on the SEC website