earnings
confidence high
sentiment positive
materiality 0.70
German American Bancorp Q4 EPS $0.78, annual EPS $2.83; dividend raised 7.4%
GERMAN AMERICAN BANCORP, INC.
2024-FY EPS reported
$2.83
revenue$353,703,000
- Q4 net income $23.2M ($0.78/share), up 10% from Q3; annual net income $83.8M.
- Net interest margin expanded to 3.54% from 3.47% linked quarter; net interest income up 5%.
- Total loans grew $63.9M (6% annualized) in Q4; non-interest bearing deposits stable at 26%.
- Quarterly dividend increased 7.4% to $0.29/share, payable Feb 20, 2025 to holders of record Feb 10.
- Non-performing assets were 0.18% of total assets; allowance for credit losses 1.08% of loans.