First Internet Bancorp (INBK) Stock Split History

First Internet Bancorp has split its stock once since its initial public offering (IPO). The stock split of First Internet Bancorp occurred on June 24, 2013 on a 3-for-2 basis, meaning that for 2 shares of INBK owned pre-split, shareholders then owned 3 shares.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on First Internet Bancorp's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. First Internet Bancorp has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when INBK stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by First Internet Bancorp's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.