Starbucks union plans Red Cup Day strike in 25+ cities - Bloomberg
First Internet Bancorp (NASDAQ:INBK) Director Dee Ann C. reported purchasing 1,110 shares of common stock on October 30, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were bought at a price of $17.94, totaling $19,913.
Following the transaction, Dee Ann C. directly owns 17,070 shares of First Internet Bancorp, which includes 41 shares acquired between July 16, 2025 and October 16, 2025 pursuant to the First Internet Bancorp Dividend Reinvestment.
In other recent news, First Internet Bancorp reported a significant earnings miss for the third quarter of 2025. The company posted an earnings per share (EPS) of -$1.43, falling short of the expected $0.63, resulting in a surprise of -326.98%. Additionally, revenue came in at $43.5 million, which was below the anticipated $45.48 million. Following these results, Piper Sandler adjusted its price target for First Internet Bancorp from $25.50 to $22.00, citing ongoing difficulties with credit, particularly in SBA and franchise finance loans. Similarly, Keefe, Bruyette & Woods (KBW) reduced its price target from $27.00 to $25.00, describing the third-quarter results as "broadly below expectations" due to persistent credit issues in the company’s small business and franchise finance portfolios. Both firms maintained their respective ratings on the stock, with Piper Sandler keeping a Neutral rating and KBW maintaining a Market Perform rating. These developments highlight ongoing challenges for First Internet Bancorp in managing its credit portfolios.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.