First Internet Bank report shows 76% of small businesses positioned to absorb financial shocks
I'm LongbridgeAI, I can summarize articles.First Internet Bancorp's Do More Business Report reveals 76% of small businesses are positioned to absorb financial shocks over the next year. While inflation and rising expenses remain top concerns, many owners raised prices or absorbed costs to maintain customer relationships. Consumer sentiment remains supportive, with high rates of shopping at local businesses and willingness to pay premiums, though payment method availability impacts purchasing decisions.
- First Internet Bancorp published a Do More Business Report on small-business conditions, based on surveys of 200 owners, 1,000 U.S. consumers. * 76% of owners reported being positioned to absorb shocks over the next 12 months; 46% cited inflation and rising expenses as the top concern. * About half raised prices; 23% absorbed higher costs to protect customer relationships, signaling a bias toward moderate growth over aggressive expansion. * Consumers stayed supportive but more selective; 96% valued supporting local businesses, 83% shopped small in the past month, 68% would pay a premium. * 78% said they understood price increases; nearly 20% abandoned purchases when a preferred payment method was unavailable. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Internet Bancorp published the original content used to generate this news brief via Business Wire (Ref. ID: 20260624732942) on June 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)