- First Internet Bancorp experienced unusually large call options trading activity, with investors purchasing 4,968 contracts, representing a 22,482% increase over the average daily volume.
- The company reported second-quarter diluted EPS of $0.27, beating estimates, alongside a year-over-year revenue increase to $41.1 million and an upgraded full-year 2026 EPS outlook of $2.35 to $2.45.
- The stock rose 12.1% to hit $29.47 during Friday's trading session, while multiple brokerages recently adjusted their price targets and ratings for the company.
