German American Bancorp, Inc. (GABC)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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, ...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...