First Internet Bancorp (INBK)

First Internet Bancorp's stock experienced a downward trend in the past six months. A significant event was the announcement of an agreement to sell performing single tenant lease financing loans to Blackstone, resulting in a net loss for Q3 2025. Following the announcement, the stock dropped. Insider buying activity was noted in late 2025, and the company declared a cash dividend with an ex-dividend date of December 31, 2025.

The banking sector, including First Internet Bancorp, generally experiences seasonal fluctuations in demand for its products and services. Loan demand typically increases in the spring and summer, peaking around August or September, and declines in December, January, and February. First Internet Bancorp's focus on specialty finance may provide a counter-cyclical buffer during periods of moderating GDP growth.

First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana, providing commercial and retail banking products and services across the United States. Its major products and services include deposit accounts, commercial lending, retail lending, and other services like corporate credit cards and treasury management. The company also offers services through its Banking-as-a-Service (BaaS) model and fintech partnerships.

First Internet Bancorp operates nationwide for consumer and small business deposit operations through its internet platform. Consumer lending products are originated nationally through relationships with dealerships and financing partners. Commercial banking products and services are delivered on a regional basis. The company is headquartered in Fishers, Indiana.

First Internet Bank has received positive recognition for its offerings, including the "Do More Business™ Checking" and being named the Online Lender of the Year. While the strategic loan sale in Q3 2025 led to a financial loss and stock price drop, it was a strategic business decision and did not directly impact brand reputation in terms of customer trust or public perception of its services.

First Internet Bancorp's stock ownership is a mix of institutional, retail, and individual investors. Institutional investors hold a significant portion of the company's stock. The largest individual owner is David B. Becker, the CEO and Chairman. Insiders collectively own a notable percentage of the stock, and the general public holds a considerable portion as well.