Highest-materiality recent filing
German American Bancorp reports Q1 2026 earnings of $0.88 per share, declares $0.31 dividend
Q1 2026 net income of $33.2M, or $0.88 per share, compared to $0.30 per share a year ago (acquisition-impacted).
German American Bancorp reports record Q4 EPS $0.95 ($0.96 adj); increases dividend 7% to $0.31
Q4 net income $35.7M ($0.95 per share); adj. EPS $0.96; ROAA 1.67% (adj. 1.68%).
German American Bancorp to redeem $40M 4.50% subordinated notes due 2029 on Dec 30, 2025
Redeeming all $40M aggregate principal of 4.50% Fixed-to-Floating Rate Subordinated Notes due 2029.
GABC Q3 2025 record net income $35.1M ($0.94 EPS), up 67% YoY; dividend $0.29
Net income $35.1M ($0.94 diluted EPS) vs $21.0M ($0.71) in Q3 2024; adjusted EPS $0.92.
German American Bancorp Q2 2025 EPS $0.84, up 180% QoQ; dividend $0.29 announced
Q2 net income $31.4M ($0.84 EPS); Q1 was $10.5M ($0.30 EPS) including $16.8M after-tax merger costs.
German American Q1 adj EPS $0.79; closes Heartland merger; declares $0.29 dividend
GAAP net income $10.5M ($0.30/share) includes $16.8M after-tax merger costs.
GABC files Heartland financials: $1.88B assets, $19.5M net income in 2023 after merger
Heartland BancCorp total assets $1.88B, deposits $1.64B, shareholders' equity $162.5M as of Dec 31, 2023.
German American completes merger with Heartland BancCorp; assets ~$8.3B
Merger effective Feb 1, 2025; Heartland shareholders get 3.90 GABC shares per share; total assets ~$8.3B as of Dec 31, 2024.
Merger closed Feb 1, 2025; Heartland shareholders receive 3.90 GABC shares per share.
German American Bancorp Q4 EPS $0.78, annual EPS $2.83; dividend raised 7.4%
Q4 net income $23.2M ($0.78/share), up 10% from Q3; annual net income $83.8M.
Indiana Department of Financial Institutions approved the merger, satisfying all regulatory conditions.
GABC shareholders approve merger with Heartland BancCorp; closing expected Q1 2025
GABC holders voted 19.78M for, 179K against, 118K abstained to approve the merger agreement.
German American Bancorp Q3 net income $21.0M ($0.71 EPS); NIM expands to 3.47%
Q3 net income $21.0M ($0.71 EPS), up 3% linked quarter from $20.5M ($0.69), down 3% YoY from $21.5M ($0.73).
German American Bancorp to acquire Heartland BancCorp in ~$330M all-stock deal
Heartland shareholders get 3.90 GABC shares per HLAN share; aggregate value ~$330.2M.
German American Q2 net income $20.5M ($0.69 EPS); insurance sale closed, portfolio restructured
GAAP EPS $0.69, up 8% linked quarter from $0.64; net income $20.5M vs $19.0M Q1.
German American sells insurance unit to Hilb Group for $40M cash; after-tax gain ~$27M
All-cash purchase price $40M; after-tax gain approx $27M; effective June 1, 2024.
German American Bancorp Q1 EPS $0.64, down 12% linked quarter; NIM compresses to 3.35%
Net income $19.0M ($0.64/diluted share) vs $21.5M ($0.73) in Q4 2023 and $20.8M ($0.71) in Q1 2023.
German American Bancorp names Scott Powell Chief Credit Officer; Leinenbach retiring Apr 1
Keith Leinenbach retires as EVP and Chief Credit Officer effective April 1, 2024 after 24 years with the company.
German American Bancorp posts $2.91 EPS for 2023, raises dividend 8% to $0.27
Net income $85.9M for 2023 vs $81.8M in 2022; EPS $2.91 vs $2.78 (5% per-share growth).
German American Q3 net income $21.5M ($0.73/share); dividend raised 9% to $0.25
Q3 net income $21.5M ($0.73 EPS) vs Q2 $22.1M ($0.75) and Q3 2022 $24.6M ($0.83).
German American Bancorp Q2 EPS $0.75, up 6% linked quarter; dividend raised 9% to $0.25
Net income $22.1M, EPS $0.75; linked quarter increase of $1.3M (+6% per share) from Q1 2023.
German American Bancorp Q1 EPS $0.71, down 15% QoQ; declares $0.25 dividend (9% increase)
Q1 net income $20.8M ($0.71 EPS), up 129% YoY but down 15% from Q4 2022's $0.83.
G. Scott McComb, Heartland’s Chairman, President and Chief Executive Officer immediately prior to the completion of the Merger, and Ronnie R. Stokes, another member of Heartland’s board of directors immediately prior to the completion of the Merger, have been appointed to the Company’s Board of Directors.
G. Scott McComb, Heartland’s Chairman, President and Chief Executive Officer immediately prior to the completion of the Merger, and Ronnie R. Stokes, another member of Heartland’s board of directors immediately prior to the completion of the Merger, have been appointed to the Company’s Board of Directors.
Keith A. Leinenbach, the Company’s Executive Vice President and Chief Credit Officer, and a Named Executive Officer, will retire from such office effective April 1, 2024
appointed W. Scott Powell as Executive Vice President and Chief Credit Officer, which appointment shall become effective on April 1, 2024.
will retire from such office effective April 1, 2024.
As previously disclosed in the Original Report, on March 2, 2023, the Company announced that Randall L. Braun, the Company’s Executive Vice President and Chief Banking Officer, and a named executive officer for the Company’s 2022 fiscal year, would retire from such role effective April 1, 2023.
On March 27, 2023, the Board appointed D. Neil Dauby, one of its current members and the Company’s President and Chief Executive Officer, to the additional office of Chairman of the Board, effective May 18, 2023.
As previously reported, Mark A. Schroeder, Chairman of the Board of German American Bancorp, Inc. (the “Company”), will retire from the Company’s Board of Directors (the “Board”), effective as of the Company’s 2023 Annual Meeting of Shareholders, which is being held on May 18, 2023.
The Board also appointed Bradley M. Rust, the Company’s Senior Executive Vice President, Chief Operating Officer and Chief Financial Officer, as the Company’s President, in addition to his existing roles, effective May 18, 2023, at which time Mr. Dauby will vacate the office of President.
As previously reported, Randall L. Braun, the Company’s Executive Vice President and Chief Banking Officer, and a Named Executive Officer, will retire effective April 1, 2023 and, therefore, is not participating in the 2023 Management Incentive Plan.
Randall L. Braun, the Company’s Executive Vice President and Chief Banking Officer, and a named executive officer for the Company’s 2022 fiscal year, will retire effective April 1, 2023.
the Company’s Board of Directors, at a meeting held on February 27, 2023, appointed Michael F. Beckwith as Executive Vice President and Chief Banking Officer, which appointment shall become effective on April 1, 2023.
Max materiality 0.85 · Median 0.50 · Most common event other