German American Bancorp, Inc. (GABC)

NASDAQ: GABC · Real-Time Price · USD
44.94
-0.21 (-0.47%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.47%
Market Cap 1.33B
Revenue (ttm) 247.16M
Net Income (ttm) 82.11M
Shares Out 29.68M
EPS (ttm) 2.77
PE Ratio 16.22
Forward PE 14.84
Dividend $1.08 (2.40%)
Ex-Dividend Date Nov 8, 2024
Volume 61,231
Open 45.03
Previous Close 45.15
Day's Range 44.50 - 45.18
52-Week Range 27.23 - 46.75
Beta 0.60
Analysts Buy
Price Target 44.33 (-1.36%)
Earnings Date Oct 28, 2024

About GABC

German American Bancorp, Inc. operates as a financial holding company for German American Bank that provides retail and commercial banking services. The company operates through three segments: Core Banking, Wealth Management Services, and Insurance Operations. The Core Banking segment accepts deposits from the general public; and originates consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, as well as sells residential mortgage loans in the secondary market. The Wealth Management seg... [Read more]

Sector Financials
Founded 1910
Employees 840
Stock Exchange NASDAQ
Ticker Symbol GABC
Full Company Profile

Financial Performance

In 2023, German American Bancorp's revenue was $248.14 million, a decrease of -2.06% compared to the previous year's $253.37 million. Earnings were $85.89 million, an increase of 4.97%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for GABC stock is "Buy." The 12-month stock price forecast is $44.33, which is a decrease of -1.36% from the latest price.

Price Target
$44.33
(-1.36% downside)
Analyst Consensus: Buy
Stock Forecasts

News

German American Bancorp: Not Much Upside Ahead

German American Bancorp, Inc.'s upside potential is limited due to expected lower interest rates impacting net interest income. The bank's loan book is heavily exposed to commercial real estate and ag...

15 days ago - Seeking Alpha

German American Bancorp, Inc. (GABC) Reports Solid Third Quarter 2024 Earnings

JASPER, Ind.--(BUSINESS WIRE)--German American Bancorp, Inc. (Nasdaq: GABC) reported solid third quarter earnings of $21.0 million, or $0.71 per share. This level of quarterly earnings reflected a lin...

23 days ago - Business Wire

GERMAN AMERICAN BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of German American Bancorp, Inc. - GABC

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of German America...

7 weeks ago - Business Wire

KBRA Comments on German American Bancorp, Inc.'s Proposed Acquisition of Heartland BancCorp

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--Jasper, Indiana-based, German American BancCorp, Inc. (NASDAQ: GABC, or "German American") (KBRA senior unsecured debt rating: BBB+ / Stable Outlook) a...

4 months ago - Business Wire

German American Bancorp, Inc. (GABC) Reports Strong Second Quarter 2024 Earnings

JASPER, Ind., July 29, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported strong second quarter earnings of $20.5 million, or $0.69 per share. This level of quarterly earni...

4 months ago - GlobeNewsWire

German American Bancorp, Inc. and Heartland BancCorp Announce Definitive Merger Agreement

JASPER, Ind. and WHITEHALL, Ohio, July 29, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) (“German American”) and Heartland BancCorp (OTCQX: HLAN) (“Heartland”) jointly announce...

4 months ago - GlobeNewsWire

German American Bancorp, Inc. announces the sale of the assets of German American Insurance, Inc. to Hilb Group

JASPER, Ind., June 03, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) today announced and closed the sale of the assets of its wholly-owned subsidiary German American Insurance ...

6 months ago - GlobeNewsWire

German American Bank Earns Top Community Bank Recognitions from Forbes and Raymond James

JASPER, Ind., May 20, 2024 (GLOBE NEWSWIRE) -- German American Bank was named to the Forbes America's Best Banks list, ranking 19th among 200 eligible banks. In addition, German American Bank earned a...

6 months ago - GlobeNewsWire

German American Bancorp, Inc. (GABC) Reports First Quarter 2024 Earnings

JASPER, Ind., April 29, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported first quarter 2024 earnings of $19.0 million, or $0.64 per share, compared to earnings of $21.5 m...

7 months ago - GlobeNewsWire

German American names Mary Moorhouse Chief Risk Officer

JASPER, Ind., March 28, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) announced today that Mary Moorhouse has been appointed Senior Vice President, Chief Risk Officer, effectiv...

8 months ago - GlobeNewsWire

S & P Global Market Intelligence Ranks German American Bank as a Top Community Bank in the Nation for the Second Consecutive Year

JASPER, Ind., March 27, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) has earned the number 27 spot out of 200 U.S. community banks assessed by S&P Global Market Intelligence w...

8 months ago - GlobeNewsWire

German American Bank Announces Scott Powell as Chief Credit Officer

JASPER, Ind., March 04, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) and its banking subsidiary, German American Bank, announces that Scott Powell has been appointed Executive...

9 months ago - GlobeNewsWire

German American Bancorp, Inc. (GABC) Posts Solid 4th Quarter and Annual 2023 Earnings; Declares 8% Cash Dividend Increase

JASPER, Ind., Jan. 29, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported solid annual earnings of $85.9 million, or $2.91 per share, for the year ended December 31, 2023, ...

10 months ago - GlobeNewsWire

German American Bank named a Best Bank 2024 by Newsweek

JASPER, Ind., Jan. 05, 2024 (GLOBE NEWSWIRE) -- German American Bank recently received recognition by Newsweek as one of America's Best Regional Banks 2024. This award not only recognizes German Ameri...

11 months ago - GlobeNewsWire

German American Bancorp, Inc. (GABC) Reports Solid Third Quarter 2023 Earnings

JASPER, Ind., Oct. 30, 2023 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported solid third quarter earnings of $21.5 million, or $0.73 per share. This level of quarterly earning...

1 year ago - GlobeNewsWire

Bradley C. Arnett to Join German American Bank as Chief Legal Officer and Corporate Secretary

JASPER, Ind., Sept. 01, 2023 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) announced today that Bradley C. Arnett will join the Company as Senior Vice President, Chief Legal Officer...

1 year ago - GlobeNewsWire

German American Bancorp, Inc. (GABC) Reports Solid Second Quarter 2023 Earnings

JASPER, Ind., July 31, 2023 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported solid second quarter earnings of $22.1 million, or $0.75 per share. This level of quarterly earnin...

1 year ago - GlobeNewsWire

German American Announces Chairman of the Board and President Transition

JASPER, Ind., May 22, 2023 (GLOBE NEWSWIRE) -- The Board of Directors for German American Bancorp, Inc. (GABC) announced next steps in leadership succession by appointing current Director and Chief Ex...

1 year ago - GlobeNewsWire

German American Bancorp, Inc. (GABC) Reports First Quarter 2023 Earnings

JASPER, Ind., April 24, 2023 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported first quarter earnings of $20.8 million, or $0.71 per share. This level of quarterly earnings ref...

1 year ago - GlobeNewsWire

German American Bank awarded a BauerFinancial 5-Star rating

JASPER, Ind., March 29, 2023 (GLOBE NEWSWIRE) -- BauerFinancial, Inc., the Nation's Premier Bank Rating Firm, recently awarded German American Bank its top (5-Star) rating. The Company has earned this...

1 year ago - GlobeNewsWire

German American Bank Ranked as a Top 20 Bank in the nation by S & P Global Market Intelligence

JASPER, Ind., March 23, 2023 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) has earned the #19 ranking out of 196 community banks in the nation on the S&P Global Market Intelligence ...

1 year ago - GlobeNewsWire

UPDATE - German American Bank Announces Michael F. Beckwith as Chief Banking Officer

JASPER, Ind., March 02, 2023 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (NASDAQ: GABC) and its banking subsidiary, German American Bank, announces that Michael F. Beckwith has been appointed Ex...

1 year ago - GlobeNewsWire

German American Bank announces Michael F. Beckwith as Chief Banking Officer

JASPER, Ind., March 02, 2023 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (NASDAQ: GABC) and its banking subsidiary, German American Bank, announces that Michael F. Beckwith has been appointed Ex...

1 year ago - GlobeNewsWire

German American Bancorp, Inc. (GABC) Posts Strong 4th Quarter And Annual Earnings; Declares 9% Cash Dividend Increase

JASPER, Ind., Jan. 30, 2023 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported strong annual earnings of $81.8 million, or $2.78 per share, for the year end December 31, 2022, r...

1 year ago - GlobeNewsWire

German American Bancorp, Inc. (GABC) Appoints Angela Curry to Corporate Board of Directors

JASPER, Ind., Dec. 19, 2022 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) announced today the appointment of Angela Curry, General Counsel and Vice President for Legal Affairs at th...

2 years ago - GlobeNewsWire