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The latest announcement is out from First Internet Bancorp ( (INBK) ).
On September 5, 2025, First Internet Bancorp‘s subsidiary, First Internet Bank, entered into a Loan Portfolio Purchase Agreement to sell up to $869 million of performing single-tenant lease financing loans to Blackstone Real Estate Debt Strategies. The sale, expected to close on September 18, 2025, is anticipated to be at approximately 95% of the unpaid principal balance. This transaction aims to strengthen the bank’s capital position, enhance net interest margin, and provide balance sheet flexibility. As a result of the agreement, the bank will recognize an after-tax charge of approximately $33.5 million in the quarter ending September 30, 2025, due to the difference between the sale price and the book value of the loans. The transaction is expected to improve the company’s tangible common equity ratio and fund near-term loan growth opportunities.
The most recent analyst rating on (INBK) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on First Internet Bancorp stock, see the INBK Stock Forecast page.
Spark’s Take on INBK Stock
According to Spark, TipRanks’ AI Analyst, INBK is a Neutral.
First Internet Bancorp’s overall stock score is driven by strong revenue growth and a neutral technical outlook. However, challenges in profitability, high leverage, and cash flow issues weigh on the score. The earnings call provides a cautiously optimistic outlook, but high provision expenses and low earnings per share remain concerns.
To see Spark’s full report on INBK stock, click here.
More about First Internet Bancorp
First Internet Bancorp is a bank holding company with assets of $6.1 billion as of June 30, 2025. Its subsidiary, First Internet Bank, was established in 1999 as a pioneer in branchless banking. The bank offers a range of services including consumer and small business deposits, SBA financing, franchise finance, consumer loans, and specialty finance services nationally, as well as commercial real estate loans, construction loans, commercial and industrial loans, and treasury management services regionally. The company’s stock is traded on the Nasdaq Global Select Market under the symbol INBK and is part of the Russell 2000 Index.
Average Trading Volume: 49,750
Technical Sentiment Signal: Sell
Current Market Cap: $214.6M
For detailed information about INBK stock, go to TipRanks’ Stock Analysis page.