Analysts’ Weekly Ratings Updates for First Internet Bancorp (INBK)

Several brokerages have updated their recommendations and price targets on shares of First Internet Bancorp (NASDAQ: INBK) in the last few weeks:

• 12/25/2025 – First Internet Bancorp was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating.
• 12/22/2025 – First Internet Bancorp had its “sell (d)” rating reaffirmed by analysts at Weiss Ratings.
• 12/15/2025 – First Internet Bancorp had its “sell (d)” rating reaffirmed by analysts at Weiss Ratings.
• 12/8/2025 – First Internet Bancorp had its “sell (d)” rating reaffirmed by analysts at Weiss Ratings.
• 12/1/2025 – First Internet Bancorp had its “sell (d)” rating reaffirmed by analysts at Weiss Ratings.
• 11/25/2025 – First Internet Bancorp had its “sell (d)” rating reaffirmed by analysts at Weiss Ratings.
• 11/19/2025 – First Internet Bancorp had its “sell (d)” rating reaffirmed by analysts at Weiss Ratings.
• 11/13/2025 – First Internet Bancorp had its “sell (d)” rating reaffirmed by analysts at Weiss Ratings.

First Internet Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a $0.06 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $0.24 dividend on an annualized basis and a yield of 1.2%. First Internet Bancorp’s payout ratio is presently -6.32%.

Insider Activity

In related news, Director John K. Keach, Jr. acquired 2,000 shares of the firm’s stock in a transaction dated Tuesday, October 28th. The stock was purchased at an average cost of $19.34 per share, with a total value of $38,680.00. Following the completion of the acquisition, the director directly owned 37,046 shares of the company’s stock, valued at approximately $716,469.64. This trade represents a 5.71% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Nicole S. Lorch acquired 2,000 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was acquired at an average cost of $17.96 per share, for a total transaction of $35,920.00. Following the acquisition, the chief operating officer owned 70,206 shares of the company’s stock, valued at $1,260,899.76. The trade was a 2.93% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 10,110 shares of company stock worth $187,863 over the last 90 days. 8.00% of the stock is currently owned by insiders.

First Internet Bancorp is the bank holding company for First Internet Bank of Indiana, a pioneer in digital banking in the United States. Established with a focus on online-only operations, the company offers fully integrated, web-based financial solutions without the overhead of physical branches. Headquartered in Indianapolis, Indiana, First Internet Bancorp leverages technology to deliver streamlined banking services to customers across the country.

The company’s core offerings include a range of deposit products such as checking accounts, savings accounts, money market accounts, certificates of deposit (CDs) and individual retirement accounts (IRAs).