First Internet Bancorp is a bank holding company. Co. conducts its business activities through its subsidiary, First Internet Bank of Indiana (the Bank). The Bank has the following subsidiaries: First Internet Public Finance Corp., which provides a range of public and municipal finance lending and leasing products to governmental entities throughout the U.S. and acquires securities issued by state and local governments and other municipalities; JKH Realty Services, LLC, which manages other real estate owned properties as needed; and SPF15 Inc., which acquires and holds real estate. Co. provides a range of commercial, small business, consumer and municipal banking products and services. We show 47 historical shares outstanding datapoints in our coverage of INBK's shares outstanding history.
Understanding the changing numbers of INBK shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like INBK versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching INBK by allowing them to research INBK shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
