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First Internet Bancorp to Pay Cash Dividend

PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.
December 20, 2022 GMT

FISHERS, Ind.--(BUSINESS WIRE)--Dec 20, 2022--

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 17, 2023 to shareholders of record at the close of business on December 30, 2022.

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 financial holding company with assets of $4.3 billion as of September 30, 2022. The Company’s subsidiary, First Internet Bank, opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. The First Internet Bank provides consumer and small business deposit, SBA financing, franchise finance, residential mortgage loans, consumer loans, and specialty finance services nationally as well as commercial real estate loans, construction loans, commercial and industrial loans, and treasury management services on a regional basis. 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 First Internet Bank, including its products and services, is available at www.firstib.com.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20221220005642/en/

CONTACT: Investors/Analysts

Paula Deemer

Director of Corporate Administration

(317) 428-4628

investors@firstib.comMedia

Nicole Lorch

President and Chief Operating Officer

(317) 532-7906

nlorch@firstib.com

KEYWORD: INDIANA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: First Internet Bancorp

Copyright Business Wire 2022.

PUB: 12/20/2022 04:20 PM/DISC: 12/20/2022 04:22 PM

http://www.businesswire.com/news/home/20221220005642/en