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First Internet Bancorp Sells $836.9M in Loans

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First Internet Bancorp Sells $836.9M in Loans

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The latest announcement is out from First Internet Bancorp ( (INBK) ).

On September 18, 2025, First Internet Bancorp completed the sale of $836.9 million in performing single-tenant lease financing loans to entities affiliated with Blackstone Real Estate Debt Strategies, generating net proceeds of $794.2 million. The company will continue to service the loans sold, maintaining its involvement in the management of these assets, while $27.9 million of the portfolio remains under review for potential future sale.

The most recent analyst rating on (INBK) stock is a Hold with a $25.00 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 score is driven by strong revenue growth but offset by challenges in profitability and cash flow. Technical indicators suggest neutral momentum, while valuation metrics indicate fair pricing. The earnings call highlighted both positive developments and ongoing challenges.

To see Spark’s full report on INBK stock, click here.

More about First Internet Bancorp

First Internet Bancorp operates in the banking industry, primarily offering financial services through its wholly-owned subsidiary, First Internet Bank of Indiana. The company focuses on providing a range of banking products, including loan services, to its clients.

Average Trading Volume: 50,883

Technical Sentiment Signal: Sell

Current Market Cap: $210.3M

See more data about INBK stock on TipRanks’ Stock Analysis page.

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