FIRST INTERNET BANCORP (INBK)
Financials · Digital Banking / Regional Bank · NASDAQ
A pioneer in digital banking, First Internet Bancorp provides a nationwide, branchless platform for commercial and consumer financial services, enhanced by strategic fintech partnerships and a robust SBA lending program.
What FIRST INTERNET BANCORP does
First Internet Bancorp is a digital-only bank holding company that provides a comprehensive suite of commercial, small business, consumer, and municipal banking products and services nationwide. Operating without traditional branch offices, the company utilizes a relationship banking model and strategic partnerships with fintech companies to deliver digital lending, deposit, and treasury management solutions. Its lending operations include SBA 7(a) loans, public finance, specialty finance (healthcare, franchise, and equipment), and commercial real estate.
Themes: digital banking, fintech partnerships, SBA lending, commercial lending, treasury management, municipal finance
Fundamentals
- Price$29.20 as of 2026-08-21 close
- Market cap$255M as of 2026-08-21
- 1-year return+24.6% 2025-08-21 close $23.44 → 2026-08-21 close $29.20
- P/En/a negative earnings
- Net margin+10.5% as of 2026-08-24
- ROE-9.2% as of 2026-08-24
- Debt / equity0.29 as of 2026-08-24
- Beta0.90 as of 2026-08-24
- Last reported earnings2026-07-30 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +1.2%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How INBK compares in its sector
- net profit marginmiddle range 538 covered Financials peers, as of 2026-08-24
- operating marginbottom 25% 534 covered Financials peers, as of 2026-08-24
- return on equitybottom 10% 575 covered Financials peers, as of 2026-08-24
- indicated dividend yieldbottom 25% 453 covered Financials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 431 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, INBK's dividend was covered by reported results (free-cash-flow payout 94%). This describes past coverage, not a forecast.
- Earnings payoutnot assessable earnings were not positive that year
- Free-cash-flow payout94% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How FIRST INTERNET BANCORP looks technically
FIRST INTERNET BANCORP (INBK) is trading 27.6% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 71 trading days ago — a "golden cross", a bullish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 28, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 58, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 5 trading days ago (its momentum flipped negative). It made a new 20-day high about 15 trading days ago.
Trend
7
| Distance from the 200-day | it is trading 27.6% above its 200-day average, the long-term trend line — a longer-term uptrend | +27.6% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $27.44 | $27.44 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $22.88 | $22.88 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 18 calendar days ago — the swings before that are what the structure reading is measured on | 18 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 71 trading days ago — a "golden cross", a bullish long-term signal | 71 sessions |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 28, with buyers in control | 27.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 58, neither overbought (above 70) nor oversold (below 30) | 58.3 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($28.04 to $29.98) — its "stochastic" reading is 60 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 59.8 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 5 trading days ago (its momentum flipped negative) | 5 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $31.09 | $31.09 |
|---|---|---|
| From the 52-week high | it is 6.1% below its 52-week high (its highest price of the past year) | -6.1% |
| Above the 52-week low | it is 70.2% above its 52-week low (its lowest price of the past year) | +70.2% |
| Below the 52-week high | it is 6.1% below its highest point of the past year | 6.1% |
| Since a 20-day breakout | it made a new 20-day high about 15 trading days ago | 15 sessions |
| Since a 55-day breakout | it made a new 55-day high about 15 trading days ago | 15 sessions |
| All-time high | its highest closing price on record is $53.56 (set on 2022-01-20) | $53.56 |
| Given back of the 52-week move | over the past year its closes ranged ($17.26 to $29.94), and it has given back only a small part of its rise from last year’s low — 6% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $21.70 to $22.10. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 5.8% |
| From the all-time high | it is 45.5% below its all-time high | -45.5% |
| Nearest price level | it is trading 2.8% below a resistance level at $30.02 — a price it turned at four times since 2024-10-03, most recently on 2026-08-11. Since 2024-08-21 it has 10 such levels below the current price and 5 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +2.8% |
| All-time low | its lowest closing price on record is $2.84 (set on 2010-02-22) | $2.84 |
| Above the all-time low | it is 928.2% above its all-time low | +928.2% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 51st percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.9304 between its high and its low — about 3.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.9304 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $26.54 and $30.81 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $26.54 – $28.67 – $30.81 |
| Typical daily range (% of price) | its price moves about 3.2% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.2% |
| Stretch from the 200-day average | it is trading 6.8 daily ranges above its 200-day average price (27.6% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 6.8 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.72× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
2
| Since a doji | 1 session ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 1 session ago |
|---|---|---|
| Since a bearish engulfing | 8 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 8 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-08-21 0.7% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.7% |
|---|---|---|
| Open gap | it gapped 3.5% above the previous close 15 sessions ago and has not traded back through the level it left behind at 26.29 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +3.5% |
| Gap filled | a 3.5% gap up opened on 2026-06-11 has been "filled" 48 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 48 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 5.7 percentage points (the stock gained 8.0% while the market gained 2.3%) | +5.7% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 17.8 percentage points (the stock gained 20.9% while the market gained 3.1%) | +17.8% |
| vs market, 6 months | over the past 6 months this stock beat the market by 32.1 percentage points (the stock gained 43.1% while the market gained 11.1%) | +32.1% |
| vs market, 12 months | over the past 12 months this stock beat the market by 4.1 percentage points (the stock gained 24.6% while the market gained 20.5%) | +4.1% |
Signal agreement
2
| Bullish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bullish state: a strong uptrend, with buyers in control, a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 10% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 3.5% of the share price. | +10.4% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 24% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $23.60 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | +23.7% |
|---|---|---|
| Vs the average paid since it last reported | the price is sitting right on the average price paid since it last reported on 2026-07-30 (its 8-K), so the typical buyer over that stretch is roughly break-even. That average is $29.22 — a volume-weighted average of daily closes over 17 sessions, not a true tick-by-tick VWAP. | -0.1% |
Price levels it has turned at before
INBK last closed at $29.20 on 2026-08-21. Since 2024-08-21 it has turned at 10 prices below its last close and 5 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $30.02 | Resistance | 2.8% above the last close | turned there four times · 2024-10-03 to 2026-08-11 |
| $28.33 | Support | 3.0% below the last close | turned there twice · 2025-07-03 to 2025-07-15 |
| $31.73 | Resistance | 8.7% above the last close | turned there twice · 2025-01-10 to 2025-02-03 |
| $26.65 | Support | 8.8% below the last close | turned there twice · 2025-04-23 to 2026-06-12 |
| $25.89 | Support | 11.3% below the last close | turned there twice · 2025-03-12 to 2025-08-29 |
| $33.23 | Resistance | 13.8% above the last close | turned there twice · 2024-10-24 to 2024-11-04 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · MACD just crossed bearish (12/26/9) · in a strong, established uptrend (ADX) · beating the market · Stretched far above its 200-day average (6+ daily ranges) · Trading above the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · macd · breakout
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$30.90 range $28.00 – $35.00; median $29.50
Analyst estimates, as of 2026-08-21. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for INBK
- Consensus EPS estimate$0.775 next reporting period, as of 2026-08-21
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Dependence on digital channels and technology platforms makes the company vulnerable to cyber threats and systems failures.","Credit risk exposure in commercial real estate, construction, and specialty finance portfolios.","Regulatory and competitive risks associated with fintech partnerships and digital banking operations."]
What changed in the latest 10-Q
AI-assisted comparison of INBK's 10-Q filed 2026-05-06 against the prior one filed 2025-11-10.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing references Form 10-K for year ended December 31, 2025 (older filing referenced December 31, 2024)
- Newer filing mentions closing $72.5 million in SBA 7(a) loans during three months ended March 31, 2026
- Newer filing states 'specialty finance team manages our healthcare, franchise finance and equipment finance portfolios' (consolidated language)
- Newer filing reports Q1 2026 net income of $2.5 million ($0.29 diluted EPS) vs Q1 2025 net income of $0.9 million ($0.11 diluted EPS)
- Newer filing reports consolidated assets of $5.7 billion, deposits of $5.0 billion, stockholders' equity of $361.0 million as of March 31, 2026
- Newer filing includes ROAA, ROAE, and ROATCE metrics for Q1 2026 and Q1 2025
- Newer filing reports PPNR of $18.1 million for Q1 2026 vs $12.0 million for Q1 2025
- Newer filing includes consolidated average balance sheet and net interest income table with data for three months ended March 31, 2026 and March 31, 2025
- Removed:
- Older filing's detailed discussion of third quarter 2025 net loss of $41.6 million and nine-month results removed
- Older filing's specific disclosure about $836.9 million single tenant lease financing loan sale with $37.8 million pre-tax loss removed
- Older filing's reference to Provide, Inc. partnership and healthcare finance team history removed
- Older filing's reference to ApplePie Capital franchise finance partnership removed
- Older filing's disclosure that company ranked 7th largest SBA 7(a) lender for SBA's 2025 fiscal year removed
- Older filing's consolidated assets of $5.6 billion, deposits of $4.9 billion, stockholders' equity of $352.2 million as of September 30, 2025 removed
- Reworded:
- Commercial banking products language simplified: older filing listed 'C&I), construction and investor commercial real estate, single tenant lease financing, public finance, healthcare finance, small business lending, franchise finance' while newer filing groups as 'C&I lending, construction and investor commercial real estate lending, single tenant lease financing, public finance, specialty finance, small business lending'
- Reference to fintech partnerships changed from 'We also offer' (older) to 'We offer' (newer), removing the 'also'
- SBA lending disclosure changed from nine-month period and ranking statement to three-month specific dollar amount without ranking mention
- Notes:
- The two filings cover different reporting periods (Q1 2026 vs Q3 2025/9M 2025) which explains most substantive differences
- The newer filing text appears truncated at the consolidated average balance sheet section, limiting full comparison of financial tables
- Overview section language is largely identical between filings except for specific business partnership disclosures
Risk Factors
- Added:
- Added Item 2 section titled 'Repurchases of Common Stock' describing a $25.0 million repurchase authorization from October 20, 2025 (filed 2026-05-06)
- Added detailed stock repurchase table showing activity for Q1 2026 with columns for shares purchased, average price, and remaining authorization amount (filed 2026-05-06)
- Added subsection 'Limitations on the Payment of Dividends' describing restrictions on dividend payments and capital distributions by the Company and the Bank (filed 2026-05-06)
- Removed:
- Removed Item 2 content 'None.' (filed 2025-11-10)
- Removed Item 5 disclosure regarding Rule 10b5-1 trading arrangements: 'During the three months ended September 30, 2025, no directors or officers (as defined in Rule 16a-1(f) of the Exchange Act) adopted, modified or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act or any non-Rule 10b5-1 trading arrangement (filed 2025-11-10)
- Removed Exhibit 10.1 'Loan Portfolio Purchase Agreement, dated September 5, 2025' from exhibits table (filed 2025-11-10)
- Reworded:
- Item 1A Risk Factors statement changed from 'previously disclosed in Part I, Item 1A, of our Annual Report on Form 10-K for the year ended December 31, 2024' to 'for the year ended December 31, 2025' (filed 2026-05-06 vs 2025-11-10)
- Item 5 changed from disclosure text to 'None.' (filed 2026-05-06 vs 2025-11-10)
- Notes:
- The newer filing represents Q1 2026 (quarter ended March 31, 2026) while the older filing represents Q3 2025 (quarter ended September 30, 2025), so some changes may reflect normal progression between quarterly periods rather than material policy shifts
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days.
Most recent open-market transaction: 2026-02-24. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about INBK's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding INBK as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 1,031,022
- Reported value $21,019,997
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 2 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
INBK had 205,337 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
INBK had 2.35% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 3.72 days to cover at the same settlement.
- Reported short interest (shares) 205,337
- Short interest (% of shares outstanding) 2.35%
- Prior settlement (shares) 202,964
- Reported change 1.17%
- Days to cover (reported) 3.72
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- BofI Federal Bank (Bank of Internet)
- Live Oak Bancshares (LOB)
- Axos Financial (AX)
- LendingClub (LC)
- SoFi Technologies (SOFI)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare INBK vs…
FIRST INTERNET BANCORP is found in…
Frequently asked questions
What does FIRST INTERNET BANCORP (INBK) do?
First Internet Bancorp is a digital-only bank holding company that provides a comprehensive suite of commercial, small business, consumer, and municipal banking products and services nationwide. Operating without traditional branch offices, the company utilizes a relationship banking model and strategic partnerships with fintech companies to deliver digital lending, deposit, and treasury management solutions.
What sector is FIRST INTERNET BANCORP (INBK) in?
FIRST INTERNET BANCORP (INBK) is classified in the Financials sector. Its industry is Digital Banking / Regional Bank. It trades on NASDAQ.
Does INBK pay a dividend?
Yes — FIRST INTERNET BANCORP (INBK) pays a dividend, with an indicated yield of about 1.21% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are FIRST INTERNET BANCORP's (INBK) competitors?
Notable peers of FIRST INTERNET BANCORP (INBK) include BofI Federal Bank (Bank of Internet), Live Oak Bancshares, Axos Financial, LendingClub and SoFi Technologies. This peer set is informational only — not financial advice.
Is FIRST INTERNET BANCORP (INBK) overbought or oversold right now?
FIRST INTERNET BANCORP (INBK) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 58, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on INBK come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.