Stock Taper
First Internet Bancorp provides online commercial and retail banking services, including mortgage, consumer, credit card, and CRE loans across Indiana and the Midwest, and is based in Indianapolis, IN.

An award-winning online business checking account for small owners, offering interest, unlimited transactions, and linking personal and business accounts for a complete financial view.
First Internet Bancorp announced a substantial net loss of $41.59 million for the third quarter of 2025, with an adjusted loss per share of $1.43, significantly missing analyst expectations. The results were impacted by decisive actions to address credit issues and included the completion of a major loan sale of approximately $837 million to enhance capital ratios.
First Internet Bancorp entered into an agreement to sell up to $869 million of its performing single tenant lease financing loans to Blackstone. This divestiture is a key strategic move to de-risk the balance sheet by reducing exposure to lower-coupon, fixed-rate assets and to significantly improve the bank's capital and profitability metrics.
Overall rating: C+
| PEER | PRICE | |
|---|---|---|
ISTR | $29.36 | COMPARE |
CFFI | $99.31 | COMPARE |
CBNA | $47.05 | COMPARE |
FCCO | $32.73 | COMPARE |
BPRN | $43.77 | COMPARE |
FBLA | $17.13 | COMPARE |
LCNB | $19.06 | COMPARE |
FXNC | $29.92 | COMPARE |