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 April 15, 2025 to shareholders of record at the close of business on March 31, 2025. 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 strateg...
A director at Snap Inc sold/gave away 1,301,240 shares at 0.000USD and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cl...
FISHERS, Ind.--(BUSINESS WIRE)-- First Internet Bank announced today the addition of Carlos Torres Jr. to its Small Business Administration (SBA) Lending team as Vice President, Senior Business Development Officer. “The SBA experience Carlos has is an asset to our team and our clients,” said First Internet Bank Vice President, National SBA Sales Manager Mark Gibson. “His proven ability to build strong client relationships and deliver flexible financial solutions aligns perfectly with our commitment to help entrepreneurs achieve long-term growth.” “I look forward to joining First Internet Ban...
FISHERS, Ind.--(BUSINESS WIRE)-- First Internet Bank today announced that J. Blake Sanderson has joined the organization as First Vice President, Commercial Real Estate Acquisition, Development and Construction. In this position, he will work to further expand relationships and a portfolio currently exceeding $1 billion in commitments. Mr. Sanderson succeeds Nick Campbell, who has been elevated to the role of Senior Credit Officer, assuming responsibility for the bank’s commercial credit administration. This press release features multimedia. View the full release here: Blake Sanderson, First ...
FISHERS, Ind.--(BUSINESS WIRE)-- First Internet Bank announced today that David Bybee has been promoted to the newly created role of Senior Vice President, Government Guaranteed Lending. In his new role, he will oversee all aspects of First Internet Bank’s Small Business Administration (SBA) Lending operation, from origination through servicing. This press release features multimedia. View the full release here: David Bybee, First Internet Bank Senior Vice President, Government Guaranteed Lending (Photo: First Internet Bank) “Since his arrival, David has been a driving force behind our growth...
Our target declines to $16 from $17 owing to lower estimates, partially offset by a higher valuation owing to growing long-term revenue potential after SNAP’s advertiser base doubled in 2024, while Snapchat+ continues to layer in a more predictable subscription revenue stream.
FISHERS, In.--(BUSINESS WIRE)-- First Internet Bank announced today that Austin Porter has joined the organization as Vice President, Business Development Officer. He joins the Bank’s growing Small Business Administration (SBA) Lending team – one currently among the Top 10 for SBA 7(a) lenders nationwide. “Austin is an important addition,” said First Internet Bank Vice President, National SBA Sales Manager Mark Gibson. “His experience will help our small business partners access the capital they require for sustainable growth. It’s our goal at First Internet Bank to provide first-class custo...
What's New: In this first take following tonight's results, we focus on: 1. Upside potential grows as advertiser count and Snapchat+ subs both double in 2024 2. DR/Brand trends right in-line with expectations, helped a little by TikTok, and new ad load 3. Very careful rollout of simplified Snapchat progressing, likely takes all of 2025 to complete
FISHERS, Ind.--(BUSINESS WIRE)-- First Internet Bank announced today that it has been named the 2024 Online Lender of the Year by , a leading publication in the small business lending industry. The publication’s annual awards celebrate financial institutions and individuals who demonstrate exceptional performance in Small Business Administration (SBA) lending. The Online Lender of the Year award acknowledges First Internet Bank's success in combining outstanding customer service with technology. This enables the Bank to deliver flexible financing options and a streamlined SBA loan process to...
FISHERS, Ind.--(BUSINESS WIRE)-- First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Net income of $7.3 million, an increase of 4.9% from the third quarter of 2024 Diluted earnings per share of $0.83, an increase of 3.8% from the third quarter of 2024 Net interest income of $23.6 million and fully taxable equivalent net interest income of $24.7 million1, increases of 8.2% an...
FISHERS, Ind.--(BUSINESS WIRE)-- First Internet Bank announced today that it has been included in . The bank received accolades in four categories: Best Checking account, Best Money Market, Best CD Rates and Top 10 CD Rates. To formulate its rankings, GOBankingRates evaluates 100 of the largest banks, online banks and neobanks across nine categories, analyzing FDIC data and product offerings to identify industry leaders. “It’s an honor to see national media like GOBankingRates consistently recognize our products,” said David Becker, Chairman and Chief Executive Officer of First Internet Ba...
FISHERS, Ind.--(BUSINESS WIRE)-- First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (), announced today that it plans to issue its fourth quarter 2024 financial results after the market closes on Wednesday, January 22, 2025. A conference call and webcast to discuss the results will be held the following day, Thursday, January 23 at 2:00 p.m., Eastern Time. Conference Call and Webcast Information: Date and Time: Thursday, January 23, 2025, 2:00 p.m. Eastern Time Telephone Access: 1-800-549-8228 (U....
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