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First Internet Bank Promotes David Bybee to Lead SBA Lending Team

1. David Bybee promoted to oversee SBA Lending operations at INBK. 2. INBK recognized as a top 10 SBA 7(a) lender in the nation.

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Why Bullish?

Strong leadership promotions often correlate with enhanced operational performance. Historical instances show that banks with effective lending operations tend to see stock price growth.

How important is it?

The promotion indicates strategic growth in lending, which is crucial for bank profitability.

Why Long Term?

Improving SBA lending capabilities can lead to sustained revenue growth over time, benefiting INBK's long-term valuation.

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FISHERS, Ind.--(BUSINESS WIRE)-- #SBA--First Internet Bank announced today that David Bybee has been promoted to the newly created role of Senior Vice President, Government Guaranteed Lending. In his new role, he will oversee all aspects of First Internet Bank's Small Business Administration (SBA) Lending operation, from origination through servicing. “Since his arrival, David has been a driving force behind our growth, helping us to become one of the nation's Top 10 SBA 7(a) lenders,” noted President.

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