Why I (Finally) Bought First Internet Bancorp
Source: SeekingAlpha
2025-10-26 10:40:00 ET
Introduction
Earlier this week, First Internet Bancorp ( INBK ) reported its third quarter, and although it was generally expected that this would be a weak quarter after the sale of a portion of its portfolio to Blackstone, the performance was even weaker than expected. It looks like the bank cleaned the house by recording a very high amount of provisions related to small business loans and franchise lending . In this article, I will have a look at what this all means, and I will explain why I initiated a long position in the common shares ahead of what should be a much better 2026. ...
Read the full article on Seeking Alpha
For further details see:
Why I (Finally) Bought First Internet Bancorp
First Internet Bancorp Fixed-to-Floating Rate Subordinated Notes Due 2029
NASDAQ: INBKZ
INBKZ Trading
-1.02% G/L:
$24.35 Last:
311 Volume:
$24.2955 Open:
