Core Insights - First Internet Bancorp (NASDAQ: INBK) reported a weaker-than-expected performance in its third quarter, following the sale of a portion of its portfolio to Blackstone [1] Financial Performance - The third quarter results were anticipated to be weak, but the actual performance was even lower than expectations [1] Investment Position - There is a long position in INBK, and put options have been written, with some currently in the money [2]

Core Insights - Choice Properties is a Canadian retail REIT that was created by the Weston family to separate the Loblaws companies' operating business from real estate ownership [1] Group 1: Company Overview - Choice Properties operates as a retail REIT focusing on the ownership of real estate associated with Loblaws stores [1] - The company emphasizes high-quality investment opportunities in the small-cap space, targeting capital gains and dividend income for continuous cash flow [1] Group 2: Investment Strategy - The investment group European Small Cap Ideas provides exclusive access to actionable research on appealing Europe-focused investment opportunities [1] - The group features two model portfolios: the European Small Cap Ideas portfolio and the European REIT Portfolio, along with weekly updates and educational content [1]

Core Insights - Hotel REITs are currently facing challenges due to seasonal fluctuations and a decrease in leisure and business travel, particularly from Canada [1] Group 1: Industry Overview - U.S. hospitality REITs are experiencing a lower inflow of travel, impacting their performance [1] Group 2: Investment Opportunities - The European Small Cap Ideas investment group focuses on high-quality small-cap investment opportunities, emphasizing capital gains and dividend income [1] - The group offers two model portfolios: the European Small Cap Ideas portfolio and the European REIT Portfolio, along with weekly updates and educational content [1]

Core Insights - The article discusses an update on Peoples Bancorp of North Carolina (NASDAQ: PEBK) after a five-month interval since the last analysis, indicating the bank has reported on two additional financial periods [1]. Company Overview - Peoples Bancorp of North Carolina is highlighted as a focus for investment, particularly in the small-cap space, emphasizing high-quality ideas that aim for capital gains and dividend income [1]. Investment Strategy - The investment group European Small Cap Ideas offers exclusive access to actionable research on appealing Europe-focused investment opportunities, with features including two model portfolios and weekly updates [1].