25.64
+1.06%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About First Internet Bancorp
From its filings with the US Securities and Exchange Commission
First Internet Bancorp is based in Fishers, Indiana and is incorporated in Indiana. Its shares trade on Nasdaq under the ticker INBK. The SEC classifies its business as state commercial banks. In the fiscal year to 31 December 2019, it reported revenue of $11.5m.
First Internet Bancorp is a bank holding company headquartered in Fishers, Indiana that conducts its primary business activities through its wholly-owned subsidiary, First Internet Bank of Indiana, an Indiana chartered bank. The Bank was the first state-chartered, Federal Deposit Insurance Corporation (“FDIC”) insured Internet bank and commenced banking operations in 1999. First Internet Bancorp was incorporated under the laws of the State of Indiana on September 15, 2005. On March 21, 2006, we consummated a plan of exchange by which we acquired all of the outstanding shares of the Bank.
The Bank has three wholly-owned subsidiaries: First Internet Public Finance Corp., an Indiana corporation that provides a range of public and municipal finance lending and leasing products to governmental entities throughout the United States and acquires securities issued by state and local governments and other municipalities; JKH Realty Services, LLC, a Delaware limited liability company that manages other real estate owned properties as needed; and SPF15, Inc., an Indiana corporation that owns real estate used primarily for the Bank’s principal office.
Quoted from its 10-K, filed 11 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Banks
- Listed since
- 22 Feb 2013
- Employees
- 354
- Website
- firstinternetbancorp.com ↗
- Head office
- 8701 E. 116TH STREET, FISHERS, IN, 46038
- Incorporated in
- IN
- Classification
- State Commercial Banks
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. David BeckerChairman of the Board, Chief Executive Officer, since 2006$1.9m
- Ms. Nicole LorchPresident, Chief Operating Officer and Corporate Secretary$1.2m
- Mr. John KeachLead Independent Vice Chairman of the Board$102,111
- Mr. Kenneth LovikChief Financial Officer, Executive Vice President$799,877
- Mr. Aasif BadeIndependent Director$102,111
- Mr. Justin ChristianIndependent Director$115,536
- Ms. Ann DeeIndependent Director$115,536
- Mr. Joseph FenechIndependent Director$112,557
- Ms. Michele RainesIndependent Director$90,111
- Ms. Jean WojtowiczIndependent Director$116,111
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 33
- Environment
- 2
- Social
- 41
- Governance
- 57
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- First Internet Bancorp has several strengths that contribute to its success in the market. Firstly, the company has a strong online banking platform, which allows for convenience and accessibility for its customers. This sets them apart from traditional brick-and-mortar banks and appeals to the tech-savvy demographic. Additionally, First Internet Bancorp has a robust digital marketing strategy, which enables them to reach a wider audience and increase brand awareness.
- Furthermore, the company boasts a solid financial position with consistent profitability. This stability allows them to invest in innovation, technology, and customer service, giving them a competitive edge. Lastly, First Internet Bancorp has an experienced and knowledgeable leadership team, who are capable of driving the company's growth and navigating the rapidly changing banking industry.
Weaknesses
- Despite its strengths, First Internet Bancorp also faces some weaknesses that need to be addressed. One weakness is the company's limited physical presence. While their online platform and digital marketing efforts are strong, some customers still prefer face-to-face interaction and may be hesitant to trust a purely digital bank. To overcome this, the company could consider expanding its physical branch network or exploring partnerships with established institutions.
- Additionally, First Internet Bancorp may encounter regulatory challenges due to the nature of its operations. Online banking is subject to various regulations and compliance requirements, and any failure to comply could result in penalties or reputational damage. This necessitates a strong focus on regulatory compliance and risk management to mitigate any potential weaknesses in this area.
Opportunities
- There are several opportunities that First Internet Bancorp can capitalize on to drive future growth. One significant opportunity is the increasing trend towards digital banking. As more customers embrace online banking services, First Internet Bancorp can leverage its expertise and established platform to attract new customers and gain market share.
- Furthermore, there is a growing demand for personalized and customized financial solutions. First Internet Bancorp can capitalize on this trend by utilizing data analytics and technology to offer tailored products and services that meet the specific needs of individual customers. This can enhance customer satisfaction and loyalty, as well as attract new customers.
- Another opportunity lies in strategic partnerships and collaborations. First Internet Bancorp can explore partnerships with fintech companies, payment processors, or even other traditional banks to enhance their service offerings and expand their reach. By leveraging the strengths of these partners, First Internet Bancorp can stay ahead of competitors and capture new market segments.
Threats
- First Internet Bancorp faces several threats that could potentially impact its growth and profitability. One major threat is increasing competition in the online banking industry. With more players entering the market and established banks improving their online presence, First Internet Bancorp needs to continuously innovate and differentiate itself to maintain its competitive advantage.
- Another threat is the constantly evolving regulatory landscape. Changes in regulations or new compliance requirements can create additional burdens and challenges for First Internet Bancorp. Staying updated with regulatory changes and proactively adapting to them is crucial to avoid penalties and maintain trust with customers.
- External economic factors such as interest rate fluctuations, economic recessions, or market downturns also pose threats to First Internet Bancorp. These factors can impact customer behavior, loan demand, and overall financial stability. To mitigate these threats, the company needs to maintain a diverse portfolio, closely monitor market conditions, and have risk management strategies in place.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.