German American Bancorp, Inc. (GABC)

NASDAQ: GABC · IEX Real-Time Price · USD
33.16
+1.28 (4.02%)
Apr 19, 2024, 4:00 PM EDT - Market closed
4.02%
Market Cap 981.03M
Revenue (ttm) 248.14M
Net Income (ttm) 85.89M
Shares Out 29.58M
EPS (ttm) 2.91
PE Ratio 11.40
Forward PE 12.62
Dividend $1.08 (3.26%)
Ex-Dividend Date Feb 8, 2024
Volume 97,072
Open 31.79
Previous Close 31.88
Day's Range 31.79 - 33.25
52-Week Range 24.85 - 34.96
Beta 0.62
Analysts Buy
Price Target 37.50 (+13.09%)
Earnings Date Apr 30, 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, GABC'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 2 analysts, the average rating for GABC stock is "Buy." The 12-month stock price forecast is $37.5, which is an increase of 13.09% from the latest price.

Price Target
$37.5
(13.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

22 days 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...

23 days 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...

6 weeks 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, ...

2 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...

3 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...

6 months 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...

8 months 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...

9 months 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...

11 months 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...

1 year ago - GlobeNewsWire

German American Bancorp, Inc. (GABC) Posts Strong Third Quarter Performance

JASPER, Ind., Oct. 31, 2022 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported strong operating performance for the third quarter ended September 30, 2022, with earnings of $24....

1 year ago - GlobeNewsWire

German American Bancorp, Inc. (GABC) Posts Strong Second Quarter Performance

JASPER, Ind., July 25, 2022 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported strong operating performance in the second quarter of 2022, with earnings of $23.7 million, result...

1 year ago - GlobeNewsWire

German American Bancorp, Inc. (GABC) Appoints Diane Medley to Corporate Board of Directors

JASPER, Ind., June 28, 2022 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) announced today the appointment of Diane Medley, Executive Chairman of Mountjoy Chilton Medley CPAs and Adv...

1 year ago - GlobeNewsWire

German American named to KBW Bank Honor Roll for 13th Consecutive Year

JASPER, Ind., May 03, 2022 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) announced today that it has once again been recognized as one of the highest performing banks in the country...

2 years ago - GlobeNewsWire

German American Bancorp, Inc. (GABC) Reports First Quarter 2022 Earnings

JASPER, Ind., April 25, 2022 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported first quarter earnings of $9.1 million, or $0.31 per share. The current quarterly earnings includ...

2 years ago - GlobeNewsWire

German American Bancorp, Inc. (GABC) Posts Record Annual Earnings, Declares 10% Cash Dividend Increase and Announces Stock Repurchase Plan.

JASPER, Ind., Jan. 31, 2022 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported record annual earnings of $84.1million, or $3.17 per share, for the year-end 2021, representing th...

2 years ago - GlobeNewsWire

German American announces Corporate Senior Management addition

JASPER, Ind., Jan. 05, 2022 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) and its Bank Subsidiary, German American Bank, have announced the addition of Ann M. Brown to its Corporate...

2 years ago - GlobeNewsWire

German American Announces Completion of Merger With Citizens Union Bancorp of Shelbyville, Inc. and Citizens Union Bank of Shelbyville, Inc.

JASPER, Ind., Jan. 03, 2022 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) announced today that it has completed its merger with Citizens Union Bancorp of Shelbyville, Inc., the pare...

2 years ago - GlobeNewsWire

German American Bancorp, Inc. (GABC) Announces Executive Management Additions

JASPER, Ind., Dec. 22, 2021 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (NASDAQ: GABC) and its Bank subsidiary, German American Bank, have announced additions to its Executive Management team. A...

2 years ago - GlobeNewsWire