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First Internet Bancorp - INBK STOCK NEWS

Welcome to our dedicated news page for First Internet Bancorp (Ticker: INBK), a resource for investors and traders seeking the latest updates and insights on First Internet Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Internet Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Internet Bancorp's position in the market.

Rhea-AI Summary
First Internet Bank introduces Cash Flow Analysis to its Do More Business Checking account, providing automated cash flow forecasting and digital insights for improved performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.84%
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none
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Rhea-AI Summary
First Internet Bancorp declares quarterly cash dividend of $0.06 per common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
dividends
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Rhea-AI Summary
jaris announces strategic partnership with First Internet Bank, increasing financing capacity to over $1 billion annually
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
partnership
Rhea-AI Summary
First Internet Bancorp announces Q2 2023 financial results, with net income of $3.9 million and deposit growth of $232.0 million. Loan growth also increased by $39.6 million. Net interest margin decreased to 1.53% compared to the previous quarter. Nonperforming loans declined to 0.17% of total loans. The company repurchased 203,000 common shares at an average price of $13.52 per share. Tangible book value per share increased by 1.6% from Q1 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.32%
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-
Rhea-AI Summary
First Internet Bank has launched a new business account opening process, reducing the time needed to open an account by 65%. Checking and savings applicants are now two times likelier to complete the application and fund the new account. The streamlined user experience aims to improve conversion rates, reduce support calls, and boost customer satisfaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.38%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
none
First Internet Bancorp

Nasdaq:INBK

INBK Rankings

INBK Stock Data

272.31M
8.06M
7.57%
68.26%
1.06%
Commercial Banking
Finance and Insurance
Link
US
Fishers

About INBK

first internet bancorp operates as the bank holding company for first internet bank of indiana that provides commercial and retail banking products and services in the united states. the company offers savings and money market accounts, non-interest bearing and interest-bearing demand deposits, brokered deposit accounts, and certificates of deposit. it also provides commercial and industrial, owner-occupied commercial real estate, investor commercial real estate, construction, residential mortgage, home equity, small installment, home improvement, term, and other consumer loans, as well as single tenant lease financing, public and healthcare finance, lines of credit, and letters of credit to individuals and commercial customers. in addition, the company is involved in the purchase, manage, service, and safekeeping of municipal securities; and offers municipal lending and leasing products to government entities. in addition, it provides corporate credit card and treasury management serv