German American Bancorp
GABC

$41.76

1.38%

Market Cap: 1.24B

About: German American Bancorp Inc is a bank holding company. The Company's lines of business include Retail and commercial banking business which involves attracting deposits from the general public and using those funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans. These core banking activities also include the sale of residential mortgage loans in the secondary market. Wealth management services which involve providing trust, investment advisory, brokerage and retirement planning services to customers. Insurance operations include the offering of a full range of personal and corporate property and casualty insurance products.

Employees: 840

Financials State Commercial Banks

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

12% more capital invested

Capital invested by funds: $449M [Q4 2023] → $501M (+$52.4M) [Q1 2024]

2.09% more ownership

Funds ownership: 46.8% [Q4 2023] → 48.9% (+2.09%) [Q1 2024]

0% more funds holding

Funds holding: 119 [Q4 2023] → 119 (+0) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 12

5% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 42

76% less call options, than puts

Call options by funds: $10K | Put options by funds: $42K

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Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$36

14%

downside

Avg. target

$38

10%

downside

High target

$39

7%

downside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

Piper Sandler Nathan Race	14%downside $36	Neutral Maintained	1 Feb 2024
Raymond James David Long	7%downside $39	Outperform Maintained	31 Jan 2024

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Financial journalist opinion

Zacks Investment Research

Earnings Preview: German American Bancorp (GABC) Q2 Earnings Expected to Decline

German American Bancorp (GABC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: German American Bancorp (GABC) Q2 Earnings Expected to Decline

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 (GAI) to Hilb Group, an industry-leading insurance broker. The all-cash transaction is for $40 million, and creates a significant after-tax gain, net of transaction costs, of approximately $27 million. The purchase price represents approximately four times 2023 GAI revenues and approximately 24 times 2023 GAI after-tax earnings.

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

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 accolades as a top community bank with a #15 ranking in the Raymond James Community Bankers Cup awards.

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

Zacks Investment Research

Compared to Estimates, German American Bancorp (GABC) Q1 Earnings: A Look at Key Metrics

Although the revenue and EPS for German American Bancorp (GABC) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, German American Bancorp (GABC) Q1 Earnings: A Look at Key Metrics

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 million, or $0.73 per share, for fourth quarter 2023, and earnings of $20.8 million, or $0.71 per share, for first quarter 2023.

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

Zacks Investment Research

Stay Ahead of the Game With German American Bancorp (GABC) Q1 Earnings: Wall Street's Insights on Key Metrics

Beyond analysts' top -and-bottom-line estimates for German American Bancorp (GABC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Stay Ahead of the Game With German American Bancorp (GABC) Q1 Earnings: Wall Street's Insights on Key Metrics

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, effective April 1, 2024, where she will be responsible for overseeing German American's enterprise-wide risk management program, focusing on recognizing, assessing and managing all risks of the Company. Mary will succeed current Senior Vice President and Chief Risk Officer Jeff Cash who will be retiring. She will report directly to Chairman and CEO D. Neil Dauby and be a member of the senior management leadership team.

German American names Mary Moorhouse Chief Risk Officer

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 with assets between $3 billion and $10 billion. The ranking is based on 2023 performance in which German American Bank ranks the highest of banks serving southern Indiana and the Commonwealth of Kentucky.

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

Zacks Investment Research

German American Bancorp (GABC) Surges 6.0%: Is This an Indication of Further Gains?

German American Bancorp (GABC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

German American Bancorp (GABC) Surges 6.0%: Is This an Indication of Further Gains?

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 Vice President, Chief Credit Officer, effective April 1, 2024. Powell will succeed current Executive Vice President and Chief Credit Officer, Keith A. Leinenbach, who will be retiring.

German American Bank Announces Scott Powell as Chief Credit Officer

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