First Internet Bancorp to Pay Cash Dividend
September 21 2020 - 4:30PM
Business Wire
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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version on businesswire.com: https://www.businesswire.com/news/home/20200921005848/en/
Investors/Analysts Paula Deemer
Director of Corporate Administration (317) 428-4628 investors@firstib.com Media Nicole Lorch Executive Vice President and
Chief Operating Officer (317) 532-7906 nlorch@firstib.com
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