-

First Internet Bancorp to Pay Cash Dividend

FISHERS, Ind.--(BUSINESS WIRE)--The Board of Directors of First Internet Bancorp (the “Company”) (Nasdaq: INBK) has declared a quarterly cash dividend of $0.06 per common share. The dividend will be payable on October 15, 2021 to shareholders of record at the close of business on September 30, 2021.

The declaration and amount of any future cash dividends will be subject to the sole discretion of the Board of Directors and will depend upon many factors, including the Company’s results of operations, financial condition, capital requirements, regulatory and contractual restrictions, business strategy and other factors deemed relevant by the Board of Directors.

About First Internet Bancorp
First Internet Bancorp is a bank holding company with assets of $4.2 billion as of June 30, 2021. The Company’s subsidiary, First Internet Bank, opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. The Bank provides consumer and small business deposit, consumer loan, residential mortgage, and specialty finance services nationally as well as commercial real estate loans, commercial and industrial loans, SBA financing and treasury management services in select geographies. First Internet Bancorp’s common stock trades on the Nasdaq Global Select Market under the symbol “INBK” and is a component of the Russell 2000® Index. Additional information about the Company is available at www.firstinternetbancorp.com and additional information about the Bank, including its products and services, is available at www.firstib.com.

Contacts

Investors/Analysts
Paula Deemer
Director of Corporate Administration
(317) 428-4628
investors@firstib.com

Media
Nicole Lorch
President and Chief Operating Officer
(317) 532-7906
nlorch@firstib.com

First Internet Bancorp

NASDAQ:INBK
Details
Headquarters: Fishers, IN
CEO: David Becker
Employees: 317
Organization: PUB
Revenues: $118,350,000 (2022)
Net Income: $35,541,000 (2022)

Release Versions

Contacts

Investors/Analysts
Paula Deemer
Director of Corporate Administration
(317) 428-4628
investors@firstib.com

Media
Nicole Lorch
President and Chief Operating Officer
(317) 532-7906
nlorch@firstib.com

More News From First Internet Bancorp

First Internet Bank Report Finds U.S. Consumers Take Charge of Finances; However, They Seek Easier Answers

FISHERS, Ind.--(BUSINESS WIRE)--U.S. consumers are putting in the work to strengthen their finances and are looking for easier ways to understand what their money is telling them, according to the latest Do More Business™ Report from First Internet Bank. According to the nationally representative survey of 1,000 U.S. adults, nearly half of consumers (46%) followed a budget in the past six months, 36% reduced debt and 31% built emergency savings. When asked what would help them feel more financi...

First Internet Bancorp to Pay Cash Dividend

FISHERS, Ind.--(BUSINESS WIRE)--The Board of Directors of First Internet Bancorp (the “Company”) (Nasdaq: INBK) has declared a quarterly cash dividend of $0.06 per common share. The dividend will be payable on October 15, 2026 to shareholders of record at the close of business on October 1, 2026.The declaration and amount of any future cash dividends will be subject to the sole discretion of the Board of Directors and will depend upon many factors, including the Company’s results of operations,...

First Internet Bancorp Completes Private Placement of $20.5 Million of 8.0% Fixed-to-Floating Rate Subordinated Notes

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today the completion of a private placement of $20.5 million in aggregate principal amount of 8.0% fixed-to-floating rate subordinated notes due 2036 (the “Notes”). The Notes will bear interest at a fixed rate of 8.0% per annum from September 10, 2026 to September 15, 2031, with interest during this period payable semi-annually in arrears. From...
Back to Newsroom