First Internet Bancorp (INBK)

First Internet Bancorp's stock price has been impacted by several events, including strong fourth-quarter 2025 results, an agreement to sell loans to Blackstone, and the declaration of a quarterly cash dividend. Analyst ratings have been mixed, and the stock price has experienced some volatility. Insider buying activity was noted in late 2025.

Seasonality in the banking industry is primarily observed in the changing monthly volume of new loans, with lower demand in January and February, increasing in March, peaking around August or September, and then declining until December. First Internet Bancorp has also noted "seasonal expenses" in its fourth-quarter 2024 results, and its SBA loan originations exhibit seasonality.

First Internet Bancorp operates through its subsidiary, First Internet Bank of Indiana, offering commercial and retail banking products and services, including deposit accounts, loans, mortgages, and specialty finance. As of September 2025, the company had approximately $5.6 billion in assets.

First Internet Bank delivers its consumer and small business deposit, consumer loan, residential mortgage, and specialty finance services nationally through its digital platform. Commercial real estate loans, construction loans, commercial and industrial loans, and treasury management services are provided on a regional basis. The company's headquarters are located in Fishers, Indiana.

First Internet Bank has maintained a positive brand reputation, particularly for its small business offerings. Its Do More Business™ Checking account received the "Best in Biz Award's 2025 Silver winner for Small or Medium Business Product of the Year" for the third consecutive year. The company's digital-first strategy and its initiatives in Banking-as-a-Service (BaaS) have been highlighted as contributing to deposit growth.

Institutional investors hold a significant portion of First Internet Bancorp's common stock, with approximately 71.4% of shares outstanding. Individual insiders own about 7.75% of the company's shares, with David B. Becker, the Chairman & CEO, owning the most shares among individual investors.