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First Internet Bancorp: I'm Sticking With The High-Yielding Baby Bonds

Source: SeekingAlpha

2025-06-23 10:30:00 ET

Introduction

I have owned a long position in First Internet Bancorp ’s ( INBK ) baby bonds ( INBKZ) for a few years now. The online bank pays its quarterly interest payments on time, but I, of course, always want to keep an eye on its financial situation to ensure the bank remains able to cover its interest expenses, and to make sure the baby bonds can be fully repaid in cash in 2029....

Read the full article on Seeking Alpha

For further details see:

First Internet Bancorp: I'm Sticking With The High-Yielding Baby Bonds
First Internet Bancorp Fixed-to-Floating Rate Subordinated Notes Due 2029

NASDAQ: INBKZ

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INBKZ Stock Data

$189,826,550
8,016,046
N/A
122
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Banking
Finance
US
Fishers

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