German American Q3 net income $21.5M ($0.73/share); dividend raised 9% to $0.25

GERMAN AMERICAN BANCORP, INC.

2023-Q3 EPS reported $2.18

Q3 net income $21.5M ($0.73 EPS) vs Q2 $22.1M ($0.75) and Q3 2022 $24.6M ($0.83).
Net interest margin 3.57% (down 6 bps linked quarter); total loans grew $63.1M (7% annualized).
Deposits declined $43.8M (3% annualized); non-interest deposits stable at 29% of total.
Non-performing assets remained low at 0.21% of total assets; ACL 1.15% of loans.
Board declared $0.25/share dividend, payable Nov 20, record Nov 10, a 9% increase over 2022.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

GERMAN AMERICAN BANCORP, INC. reported the quarter ended September 30, 2023 results: net income $21.5 million, EPS $0.73 per share.

Period: the quarter ended September 30, 2023
Net income: $21.5 million
EPS: $0.73 per share
Result: reported results

Exact text from the filing

On October 30, 2023, German American Bancorp, Inc. (the “Company”) issued a press release announcing its results for the quarter ended September 30, 2023

View on SEC.gov

Browse all earnings releases →

GERMAN AMERICAN BANCORP, INC. filing history →

Source: SEC EDGAR

accession 0000714395-23-000051

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.