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Earnings
German American Bancorp reports Q1 EPS 31c with items, consensus 73c » 17:39
04/25/22
04/25
17:39
04/25/22
17:39
GABC

German American Bancorp

$36.94 /

-0.21 (-0.57%)

Q1 EPS includes the…

Q1 EPS includes the results of Citizens Union Bancorp of Shelbyville, which was acquired by German American on January 1. Neil Dauby, German American's President and CEO, stated, "While the first quarter results were impacted by the significant acquisition-related expenses and provision in connection with the completion of the Citizens Union Bank merger, we were very pleased with the level of incremental quarter over quarter growth in revenue, within both net interest income and various categories of non-interest income. The incrementally higher level of non-interest expenses in the Q1 was also largely attributable to the inclusion of both acquisition-related expenses and general operating expenses of CUB. Those expenses are expected to be reduced going forward, as the operations of CUB are fully integrated into GABC."

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GABC German American Bancorp
$36.94 /

-0.21 (-0.57%)

GABC German American Bancorp
$36.94 /

-0.21 (-0.57%)

Over a quarter ago
Hot Stocks
German American Bancorp announces new 1M share repurchase program » 17:50
01/31/22
01/31
17:50
01/31/22
17:50
GABC

German American Bancorp

$39.51 /

+0.38 (+0.97%)

The company announced…

The company announced that its Board has approved a new share repurchase plan authorizing the repurchase of 1M shares, or approximately 4% of the company's total common shares outstanding as of December 31, 2021.

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GABC German American Bancorp
$39.51 /

+0.38 (+0.97%)

GABC German American Bancorp
$39.51 /

+0.38 (+0.97%)

Hot Stocks
German American Bancorp raises quarterly dividend to 23c from 21c per share » 17:49
01/31/22
01/31
17:49
01/31/22
17:49
GABC

German American Bancorp

$39.51 /

+0.38 (+0.97%)

Payable on February 20 to…

Payable on February 20 to shareholders of record as of February 10.

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GABC German American Bancorp
$39.51 /

+0.38 (+0.97%)

GABC German American Bancorp
$39.51 /

+0.38 (+0.97%)

Earnings
German American Bancorp reports Q4 EPS 73c, consensus 73c » 17:48
01/31/22
01/31
17:48
01/31/22
17:48
GABC

German American Bancorp

$39.51 /

+0.38 (+0.97%)

Mark Schroeder, German…

Mark Schroeder, German American's Executive Chairman, stated, "We were extremely pleased with the annual operating results our company was able to post in 2021, continuing our decades long trend of exceptional financial performance, in the face of what was obviously a continued challenging but improving operating environment. Perhaps more importantly, we also took steps in 2021 to better position the company for future success. While we expect 2022 to continue to be a very challenging year, we put in place various initiatives that will not only mitigate the impact of these challenges in the current year, but will position German American to be in an even stronger position when the general economy returns to a more normalized environment in the coming years."

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GABC German American Bancorp
$39.51 /

+0.38 (+0.97%)

GABC German American Bancorp
$39.51 /

+0.38 (+0.97%)

Hot Stocks
German American completes merger with Citizens Union Bank of Shelbyville » 10:49
01/03/22
01/03
10:49
01/03/22
10:49
GABC

German American Bancorp

$39.68 /

+0.7 (+1.80%)

German American Bancorp…

German American Bancorp announced that it has completed its merger with Citizens Union Bancorp of Shelbyville, Inc., the parent company of Citizens Union Bank of Shelbyville, Inc. of Shelbyville, Kentucky, effective at 12:01 a.m. on January 1, 2022. Immediately following completion of the holding company transaction, Citizens Union Bank merged with and into German American's banking subsidiary, German American Bank. Each Citizens Union common shareholder of record at closing is entitled to receive a 0.7739 share of German American common stock and a cash payment of $13.44 for each of their former shares of Citizens Union common stock, subject to their surrender of the old Citizens Union shares to the exchange agent designated by German American. Instructions and forms to accomplish that surrender and exchange process are being mailed by the exchange agent to each of Citizens Union's shareholders of record as of closing.

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GABC German American Bancorp
$39.68 /

+0.7 (+1.80%)

GABC German American Bancorp
$39.68 /

+0.7 (+1.80%)

Hot Stocks
German American Bancorp appoints Amy Jackson as CAO » 08:22
12/22/21
12/22
08:22
12/22/21
08:22
GABC

German American Bancorp

$38.88 /

+0.61 (+1.59%)

German American Bancorp…

German American Bancorp have announced additions to its Executive Management team. As previously announced and approved by the Board of Directors earlier in the year with respect to its ongoing management succession plan the following promotions are effective as of January 1, 2022: Mark Schroeder will be assuming the newly created position of Executive Chairman, D. Neil Dauby will be assuming the position of President & CEO and Bradley Rust will transition to an expanded role of Senior EVP & COO, while also continuing in his current CFO role. Randy Braun will continue to serve as the Company's EVP & CBO and Keith Leinenbach as the Company's EVP & CCO. In addition to the current Executive team, Amy Jackson will be promoted to EVP & Chief Administrative Officer and Clay Barrett will be promoted to EVP & Chief Digital and Information Officer. Jackson joined German American in 2018 in connection with the Company's merger with First Security Bank of Owensboro, Kentucky and most recently served as the SVP - Administrative Development and Strategic Planning for the bank. As CAO, Jackson will lead all operational and administrative functions of the bank as well as provide executive oversight for Human Resources. Clay joined German American in 2012 and most recently served as SVP - Technology and Operations for the bank. As Chief Digital and Information Officer, Barrett will be leading German Americans' digital optimization and information technology initiatives. He will be responsible for driving the strategy, execution and integration of all banking and nonbanking technology, information and digital initiatives in alignment with the Company's corporate business strategy.

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GABC German American Bancorp
$38.88 /

+0.61 (+1.59%)

GABC German American Bancorp
$38.88 /

+0.61 (+1.59%)

Earnings
German American Bancorp reports Q3 EPS 81c, consensus 71c » 17:37
10/25/21
10/25
17:37
10/25/21
17:37
GABC

German American Bancorp

$39.97 /

+0.22 (+0.55%)

Reports Q3 NII $41.3M, up…

Reports Q3 NII $41.3M, up $1.4M or 4%, vs. Q2 and up $2.89M or 8%, vs. 3Q20 NII of $38.4M. Reports a negative provision for credit losses of $2M in Q3 vs. a negative provision of $5M in Q2 and a provision for credit losses of $4.5M in 3Q20. CEO Mark Schroeder stated, "We were again very pleased with our ability to build upon the momentum of our strong first half of 2021 earnings with very solid performance in Q3. We are also excited about the future growth potential in connection with the recent announcement of our pending acquisition of Citizens Union Bancorp of Shelbyville, Kentucky. Citizens Union primarily operates within the Louisville, Kentucky Metropolitan Statistical Area, which will provide us with a strong platform from which we can build upon our existing strong presence on the Indiana side of the Louisville MSA and on our successful Louisville-based Commercial Loan Production and Wealth Management Office. I believe this acquisition represents one of the most important strategic opportunities we've had during my tenure as CEO to take our company to the next level in terms of both future balance sheet and earnings growth."

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GABC German American Bancorp
$39.97 /

+0.22 (+0.55%)

GABC German American Bancorp
$39.97 /

+0.22 (+0.55%)

Earnings
German American Bancorp reports Q2 EPS 90c, consensus 63c » 17:01
07/26/21
07/26
17:01
07/26/21
17:01
GABC

German American Bancorp

$36.37 /

+0.425 (+1.18%)

Mark A. Schroeder, German…

Mark A. Schroeder, German American's Chairman & CEO, stated, "We were very pleased with our ability to build upon the momentum of our solid first quarter earnings with exceptionally strong performance in the second quarter. We were particularly encouraged by the level of core, organic loan growth, exclusive of the impact of PPP loan activity, and the improvement we've seen in general economic conditions throughout our footprint during the current quarter. While new developments related to the pandemic continue to cause uncertainty for both our business and retail customers, we are hopeful that improvements in commercial and social activities will remain steady and look forward with optimism to continued economic growth in the coming months."

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GABC German American Bancorp
$36.37 /

+0.425 (+1.18%)

GABC German American Bancorp
$36.37 /

+0.425 (+1.18%)

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