Dividend Announcement: The Board of Directors of First Internet Bancorp has declared a quarterly cash dividend of $0.06 per common share, payable on January 15, 2026, to shareholders of record as of December 31, 2025, demonstrating the company's ongoing commitment to stable cash flow and shareholder returns.
Financial Position: As of September 30, 2025, First Internet Bancorp reported total assets of $5.6 billion, reflecting robust growth and a strong market position in the branchless banking service sector.
Future Outlook: Future cash dividends will be subject to the Board's discretion, considering factors such as operational results, financial condition, and capital requirements, indicating the company's strategic focus on flexibility in responding to market changes while maintaining financial health.
Market Positioning: As a Nasdaq-listed company and a component of the Russell 2000 Index, First Internet Bancorp's dividend policy may attract more investor attention, thereby enhancing its market competitiveness and boosting shareholder confidence.
INBK
$22.36+Infinity%1D
Analyst Views on INBK
Wall Street analysts forecast INBK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INBK is 27.33 USD with a low forecast of 22.00 USD and a high forecast of 35.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast INBK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INBK is 27.33 USD with a low forecast of 22.00 USD and a high forecast of 35.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 21.940
Low
22.00
Averages
27.33
High
35.00
Current: 21.940
Low
22.00
Averages
27.33
High
35.00
Piper Sandler
Neutral
downgrade
$22
2025-10-27
Reason
Piper Sandler
Price Target
$22
2025-10-27
downgrade
Neutral
Reason
Piper Sandler lowered the firm's price target on First Internet Bancorp to $22 from $25.50 and keeps a Neutral rating on the shares. While the firm is positive on the steps management is undertaking to improve First Internet Bancorp's profitability profile, Piper believes its valuation will likely remain below peers until more consistent and improving asset quality metrics re-emerge.
Keefe Bruyette
Tim Switzer
Market Perform
downgrade
$27 -> $25
2025-10-24
Reason
Keefe Bruyette
Tim Switzer
Price Target
$27 -> $25
2025-10-24
downgrade
Market Perform
Reason
Keefe Bruyette analyst Tim Switzer lowered the firm's price target on First Internet Bancorp to $25 from $27 and keeps a Market Perform rating on the shares. The bank's Q3 results were broadly below expectations as credit issues within the small business and franchise finance portfolios continued, the analyst tells investors in a research note.
Keefe Bruyette
Timothy Switzer
Market Perform
downgrade
$30 -> $27
2025-07-28
Reason
Keefe Bruyette
Timothy Switzer
Price Target
$30 -> $27
2025-07-28
downgrade
Market Perform
Reason
Keefe Bruyette analyst Timothy Switzer lowered the firm's price target on First Internet Bancorp to $27 from $30 and keeps a Market Perform rating on the shares.
Piper Sandler
Neutral
downgrade
$27 -> $26
2025-07-28
Reason
Piper Sandler
Price Target
$27 -> $26
2025-07-28
downgrade
Neutral
Reason
Piper Sandler lowered the firm's price target on First Internet Bancorp to $26 from $27 and keeps a Neutral rating on the shares. The firm continues to believe the company remains a credit quality "show me" story following a third consecutive quarter of elevated NCOs tied to SBA and franchise finance loans. Piper remains on the sidelines until more consistent asset quality metrics re-emerge and given First Internet's sub-optimal profitability outlook.
About INBK
First Internet Bancorp is a bank holding company, which is engaged in conducting its primary business activities through its wholly owned subsidiary, First Internet Bank of Indiana (the Bank), an Indiana chartered bank. The Bank offers a range of commercial, small business, consumer and municipal banking products and services. The Bank conducts its consumer and small business deposit operations primarily through digital channels on a nationwide basis and have no traditional branch offices. Its consumer lending products are primarily originated on a nationwide basis through relationships with dealerships and financing partners. The Bank's commercial banking products and services are delivered through a relationship banking model and include commercial and industrial (C&I) banking, construction and investor commercial real estate, single tenant lease financing, public finance, healthcare finance, small business lending, commercial deposits, and treasury management.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
