Recent Updates — INBK
First Internet Bancorp declared a quarterly cash dividend of $0.06 per common share, payable on October 15, 2026 to shareholders of record as of October 1, 2026. The company is a bank holding company operating First Internet Bank, which provides consumer and small business deposits, commercial real estate financing, SBA loans, and specialty finance services.
First Internet Bancorp reported second quarter 2026 financial results, posting net income of $2.4 million and diluted earnings per share of $0.27, a significant increase from $0.2 million and $0.02 in the prior year period. Total revenue rose 23% year-over-year to $41.1 million, driven by a 16% increase in net interest income to $32.4 million and a 56% surge in noninterest income to $8.7 million. Pre-provision net revenue grew 28% to $15.0 million. The provision for credit losses decreased 18% to $13.4 million, while total loan balances reached $3.8 billion and total deposits stood at $4.8 billion. Tangible book value per share increased to $41.09. First Internet Bancorp operates as a bank holding company providing branchless consumer, small business, and commercial lending services through its subsidiary, First Internet Bank.
First Internet Bancorp announced a quarterly cash dividend of $0.06 per common share on June 16, 2026. The company operates in the financial services industry and provides digital banking services.