First Internet Bancorp to Pay Cash Dividend

The Board of Directors of First Internet Bancorp (the Company) (Nasdaq: INBK) has declared a quarterly cash dividend of $0.06 per common share.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Monday, September 21, 2020
Information
Tags: 
Professional services, Small business, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Banking, Companies, Dividend, Shareholders, First Internet Bancorp, Economy of the United States, United Financial Bancorp, First Bancorp
Geotags: 
INDIANA, United States
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Organisation: 
FIRST INTERNET BANCORP
Summary
Key Points: 
  • The Board of Directors of First Internet Bancorp (the Company) (Nasdaq: INBK) has declared a quarterly cash dividend of $0.06 per common share.
  • The dividend will be payable on October 15, 2020 to shareholders of record at the close of business on October 1, 2020.
  • First Internet Bancorp is a bank holding company with assets of $4.3 billion as of June 30, 2020.
  • The Companys subsidiary, First Internet Bank, opened for business in 1999 as an industry pioneer in the branchless delivery of banking services.


The Board of Directors of First Internet Bancorp (the “Company”) (Nasdaq: INBK) has declared a quarterly cash dividend of $0.06 per common share. The dividend will be payable on October 15, 2020 to shareholders of record at the close of business on October 1, 2020.

The declaration and amount of any future cash dividends will be subject to the sole discretion of the Board of Directors and will depend upon many factors, including the Company’s results of operations, financial condition, capital requirements, regulatory and contractual restrictions, business strategy and other factors deemed relevant by the Board of Directors.

About First Internet Bancorp

First Internet Bancorp is a bank holding company with assets of $4.3 billion as of June 30, 2020. The Company’s subsidiary, First Internet Bank, opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. The Bank provides consumer and small business deposit, consumer loan, residential mortgage, and specialty finance services nationally as well as commercial real estate loans, commercial and industrial loans, SBA financing and treasury management services in select geographies. First Internet Bancorp’s common stock trades on the Nasdaq Global Select Market under the symbol “INBK” and is a component of the Russell 2000® Index. Additional information about the Company is available at www.firstinternetbancorp.com and additional information about the Bank, including its products and services, is available at www.firstib.com.

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