First Internet Bancorp - Common Stock (INBK)

Frequently Asked Questions About First Internet Bancorp - Common Stock (INBK)

Does First Internet Bancorp have physical branches?

First Internet Bancorp operates without traditional physical branches since it is an online-only bank. However, it provides customer service and support through online channels and phone communication, allowing flexible access to banking services.

How can customers contact First Internet Bancorp?

Customers can contact First Internet Bancorp through multiple channels, including their official website, customer support phone line, and social media platforms. The bank also provides extensive online resources to assist customers in navigating their banking services.

How does First Internet Bancorp ensure customer security?

First Internet Bancorp employs robust security protocols, including encryption technology, multi-factor authentication, and regular security audits. These measures are designed to safeguard customer information and transactions while providing peace of mind to its users.

How does First Internet Bancorp handle lending?

First Internet Bancorp provides various lending options including personal loans, mortgages, and business loans. Loan applications are processed online, and the bank uses efficient underwriting practices to quickly assess eligibility and approve loans in a timely manner.

How does the company perform financially?

First Internet Bancorp has demonstrated solid financial performance characterized by steady earnings growth, a healthy balance sheet, and a strong capital position. This financial stability supports the bank's ongoing initiatives and positions it for future growth in the competitive banking landscape.

Is First Internet Bancorp a publicly traded company?

Yes, First Internet Bancorp is a publicly traded company listed on the NASDAQ under the ticker symbol INBK. This allows investors to purchase shares of the company on the stock market.

What are the competitive advantages of First Internet Bancorp?

First Internet Bancorp's competitive advantages include lower overhead costs due to its online-only structure, access to a wider range of services at competitive rates, and a user-friendly banking experience powered by technology. This positions the bank favorably in a competitive banking environment.

What are the growth strategies for First Internet Bancorp?

First Internet Bancorp focuses on strategic growth through technological innovation, expanding its product offerings, and enhancing customer acquisition through targeted marketing efforts. The bank also seeks to leverage partnerships to enhance service delivery and attract new customers.

What does First Internet Bancorp do?

First Internet Bancorp is a bank holding company that provides a range of banking products and services primarily through its online banking platform. It offers various services including personal, business, and commercial banking, as well as lending solutions, investment services, and deposit accounts to individual customers and businesses.

What initiatives does First Internet Bancorp have for sustainability?

First Internet Bancorp is committed to corporate responsibility and sustainability initiatives. The bank aims to reduce its environmental footprint by promoting digital banking solutions that lessen paper usage and investing in community programs that support economic development and financial literacy.

What is the business model of First Internet Bancorp?

First Internet Bancorp operates primarily as an online bank, which means it conducts its commercial activities over the internet. This model enables lower operating costs compared to traditional brick-and-mortar banks, allowing the company to offer competitive interest rates and lower fees to customers.

What is the corporate culture at First Internet Bancorp?

The corporate culture at First Internet Bancorp is rooted in innovation, customer service, and technological advancement. Employees are encouraged to collaborate and leverage creative solutions to enhance the banking experience, fostering a positive environment focused on continuous improvement.

What is the stock performance of First Internet Bancorp like?

First Internet Bancorp's stock, trading under the symbol INBK, has seen fluctuations typical of the financial sector. Investors monitor various factors including earnings reports, market conditions, and overall economic trends that influence the bank's stock performance and investor sentiment.

What services does First Internet Bancorp offer?

First Internet Bancorp provides a comprehensive range of services including savings and checking accounts, mortgages, personal loans, business banking solutions, and various investment services. The focus on online banking allows for convenience and efficiency for its customers.

What technology does First Internet Bancorp utilize?

First Internet Bancorp leverages various digital technologies to provide its banking services. This includes secure online banking platforms, mobile banking applications, and advanced cybersecurity measures to protect customer data and ensure a seamless banking experience.

When was First Internet Bancorp founded?

Founded in 1999, First Internet Bancorp was established to provide innovative banking solutions in a web-based format. It became one of the first banks in the United States to operate entirely online, leveraging technology to offer accessible banking services to its customers.

Where is First Internet Bancorp located?

The headquarters of First Internet Bancorp is located in Fishers, Indiana. The central location allows the bank to effectively serve its customers across the country through its internet-based platform.

Who are the primary customers of First Internet Bancorp?

The primary customers of First Internet Bancorp include individual consumers looking for personal banking solutions, small to medium-sized businesses needing banking and lending services, and commercial clients seeking funding and investment services.

Who leads First Internet Bancorp?

First Internet Bancorp is led by a team of experienced executives with backgrounds in banking, finance, and technology. The leadership team is committed to executing the bank's strategic vision and driving growth through sound management and innovation.

What is the current price of First Internet Bancorp - Common Stock?

The current price of First Internet Bancorp - Common Stock is 23.18

When was First Internet Bancorp - Common Stock last traded?

The last trade of First Internet Bancorp - Common Stock was at 2:51 pm EDT on April 4th, 2025

What is the market capitalization of First Internet Bancorp - Common Stock?

The market capitalization of First Internet Bancorp - Common Stock is 228.42M

How many shares of First Internet Bancorp - Common Stock are outstanding?

First Internet Bancorp - Common Stock has 9.85M shares outstanding.