First Internet Bancorp Declares Quarterly Cash Dividend

First Internet Bancorp ( (INBK) ) just unveiled an announcement.

First Internet Bancorp has announced a quarterly cash dividend of $0.06 per common share, payable on January 15, 2025, to shareholders of record as of December 31, 2024. The decision reflects the company’s financial strategy and will depend on various factors reviewed by the Board of Directors, impacting stakeholders by potentially enhancing shareholder value.

More about First Internet Bancorp

First Internet Bancorp is a bank holding company with $5.8 billion in assets as of September 30, 2024. It operates through its subsidiary, First Internet Bank, a pioneer in branchless banking since 1999. The bank provides a variety of services including consumer and small business deposits, SBA financing, franchise finance, consumer loans, specialty finance services nationwide, and commercial real estate loans, construction loans, commercial and industrial loans, and treasury management services regionally.

YTD Price Performance: 70.29%

Average Trading Volume: 34,007

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $355M

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