FIRST INTERNET BANCORP (INBK)
Financials · Community and digital banking, specialty finance · NASDAQ
A digitally native bank holding company serving small businesses, entrepreneurs, and municipal entities nationwide through specialized lending, SBA financing, and fintech partnerships.
What FIRST INTERNET BANCORP does
First Internet Bancorp is a bank holding company headquartered in Indiana that operates the first state-chartered FDIC-insured Internet bank (founded in 1999) with no traditional branch offices. The company offers a broad range of commercial, small business, consumer, and municipal banking products through digital channels, relationship banking, and strategic fintech partnerships. Key business lines include small business and consumer lending (primarily auto finance), SBA 7(a) lending, commercial and industrial lending, construction and commercial real estate lending, public finance, and specialty finance (healthcare, franchise, equipment), all delivered nationwide.
Themes: ["Small business banking / SME lending","SBA lending","Digital banking / fintech partnerships","Commercial real estate financing","Public finance / municipal lending","Auto finance / consumer lending","Treasury management"]
Fundamentals
- Price$26.26 as of 2026-07-09 close
- Market cap$227M as of 2026-07-10
- 1-year return-4.4% as of 2026-07-09 close
- Net margin+10.5% as of 2026-07-10
- ROE-9.2% as of 2026-07-10
- Debt / equity0.29 as of 2026-07-10
- Revenue growth (YoY)+50.5% as of 2026-07-10
- Beta0.87 as of 2026-07-10
Dividend: yield +0.9%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Concentration risk in small business and consumer lending segments, particularly auto finance originated through dealership networks","Interest rate sensitivity affecting net interest margins as the company operates primarily on digital deposit gathering and lending models","Credit risk from provision for credit losses increasing 36.6% in Q1 2026, indicating potential credit quality deterioration or portfolio growth in higher-risk segments"]
Competitors & peers
- JPMorgan Chase (JPM)
- Bank of America (BAC)
- Wells Fargo (WFC)
- SVB Financial Group / Silicon Valley Bank
- Kabbage / American Express (AXP)
- OnDeck Capital
- Elevate Credit (ELVT)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.