First Internet Bancorp
INBK, INBKZ · State Commercial Banks · 8.7M shares · -3%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $8M (gross $9M, SBC $1M)
Reference price $19.83 · est. market cap ~$173M — last insider purchase, 2026-02-24 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D47First Internet Bancorp — branchless bank reporting a loss.
Strengths
- Strong cash position (80th pct); national digital-deposit reach
Risks
- Net loss; negative ROE/ROA (4th-5th pct); high leverage (94th)
- SBA/fintech-lending credit costs
Notable findings
- Strong balance sheetStrong balance sheet — $457M cash & investments
- Buying back stockNet buyback — share count -3%/yr over 3y
Key metrics
Return on equity
-9.8%
Return on assets
-0.6%
Net-income growth
-239.1%
Debt / equity
0.7×
Free cash flow
$2M
Tangible book value
$355M
Cash & investments
$457M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-18 | Bade Aasif M. | Grant | 2.4K | — |
| 2026-05-18 | KEACH JOHN K JR | Grant | 2.4K | — |
| 2026-05-18 | Dee Ann C. | Grant | 2.4K | — |
| 2026-05-18 | WOJTOWICZ JEAN L | Grant | 2.4K | — |
| 2026-05-18 | Raines Michele L. | Grant | 2.4K | — |
| 2026-05-18 | Fenech Joseph A. | Grant | 2.4K | — |
| 2026-05-18 | Christian Justin P. | Grant | 2.4K | — |
| 2026-02-24 | Fenech Joseph A. | Buy | 1.0K | $19.83 |
| 2026-01-31 | Lovik Kenneth J. | Grant | 1.1K | $21.79 |
| 2026-01-20 | Lovik Kenneth J. | Grant | 4.6K | — |
| 2026-01-20 | Lorch Nicole S. | Grant | 8.1K | — |
| 2026-01-20 | BECKER DAVID B | Grant | 13K | — |
| 2025-11-17 | Lorch Nicole S. | Buy | 2.0K | $17.96 |
| 2025-10-30 | Dee Ann C. | Buy | 1.1K | $17.94 |
| 2025-10-29 | BECKER DAVID B | Buy | 5.0K | $18.67 |
| 2025-10-28 | KEACH JOHN K JR | Buy | 2.0K | $19.34 |
| 2025-05-19 | WOJTOWICZ JEAN L | Grant | 2.3K | — |
| 2025-05-19 | Raines Michele L. | Grant | 2.3K | — |
| 2025-05-19 | Bade Aasif M. | Grant | 2.3K | — |
| 2025-05-19 | Fenech Joseph A. | Grant | 2.3K | — |
| 2025-05-19 | Christian Justin P. | Grant | 2.3K | — |
| 2025-05-19 | KEACH JOHN K JR | Grant | 2.3K | — |
| 2025-05-19 | Dee Ann C. | Grant | 2.3K | — |
| 2025-01-31 | Lovik Kenneth J. | Tax withheld | 1.0K | $32.57 |
| 2025-01-06 | BECKER DAVID B | Grant | 7.1K | — |
| 2025-01-06 | Lovik Kenneth J. | Grant | 2.6K | — |
| 2025-01-06 | Lorch Nicole S. | Grant | 4.5K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-16 | 2026-06-16 | 0001562463-26-000077 ↗ |
| 8-K | 2026-05-20 | 2026-05-18 | 0001562463-26-000073 ↗ |
| 10-Q | 2026-05-06 | 2026-03-31 | 0001562463-26-000046 ↗ |
| 8-K | 2026-04-30 | 2026-04-30 | 0001562463-26-000040 ↗ |
| 8-K | 2026-03-17 | 2026-03-17 | 0001562463-26-000026 ↗ |
| 10-K | 2026-03-11 | 2025-12-31 | 0001562463-26-000022 ↗ |
| 8-K | 2026-01-29 | 2026-01-29 | 0001562463-26-000010 ↗ |
| 8-K | 2025-12-16 | 2025-12-16 | 0001562463-25-000115 ↗ |
| 10-Q | 2025-11-10 | 2025-09-30 | 0001562463-25-000109 ↗ |
| 8-K | 2025-10-22 | 2025-10-22 | 0001562463-25-000103 ↗ |
| 8-K | 2025-09-22 | 2025-09-18 | 0001562463-25-000095 ↗ |
| 8-K | 2025-09-16 | 2025-09-16 | 0001562463-25-000086 ↗ |