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First Internet Bancorp to Pay Cash Dividend

December 17, 2019 GMT

FISHERS, Ind.--(BUSINESS WIRE)--Dec 17, 2019--

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 January 15, 2020 to shareholders of record at the close of business on December 31, 2019.

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 $4.1 billion as of September 30, 2019. 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. 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191217005825/en/

CONTACT: Investors/Analysts

Paula Deemer

Investor Relations

(317) 428-4628

investors@firstib.comMedia

Nicole Lorch

Executive Vice President and Chief Operating Officer

(317) 532-7906

nlorch@firstib.com

KEYWORD: UNITED STATES NORTH AMERICA INDIANA

INDUSTRY KEYWORD: BANKING OTHER PROFESSIONAL SERVICES PROFESSIONAL SERVICES FINANCE

SOURCE: First Internet Bancorp

Copyright Business Wire 2019.

PUB: 12/17/2019 04:16 PM/DISC: 12/17/2019 04:16 PM

http://www.businesswire.com/news/home/20191217005825/en