German American Bancorp (GABC)

German American Bancorp, Inc. is a Nasdaq-traded financial holding company based in Jasper, Indiana. German American, through its banking subsidiary German American Bank, operates 73 banking offices in 20 contiguous southern Indiana counties and eight counties in Kentucky. The Company also owns an investment brokerage subsidiary (German American Investment Services, Inc.) and a full line property and casualty insurance agency (German American Insurance, Inc.).

Company profile

Ticker

GABC

Exchange

NASDAQ

Website

germanamerican.com

CEO

Mark Schroeder

Incorporated

Indiana

Location

Indiana

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • State Street • Ally Financial • Citizens Financial • Northern Trust • M & T Bank • Popular • Fifth Third Bancorp • Associated Banc-Corp. • First Citizens Bancshares, Inc ...

Former names

GERMAN AMERICAN BANCORP

SEC CIK

0000714395

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

GAB Investment Company, Inc. • GAB Investment Center, Inc. • GAB Investments, LLC • GAB Capital Funding Corp. • GAB Funding Corp. • First Title Insurance Company • GABC Leasing, Inc. • GABC Holdings, Inc. • GABC Development Corporation • German American Investment Services, Inc. ...

IRS number

351547518

GABC stock data

1M 1Y 5Y

Press releases

From Benzinga Pro

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of German American Bancorp, Inc. (GABC)

13 May 22

NEW YORK, NY / ACCESSWIRE / May 13, 2022 / Levi & Korsinsky announces it has commenced an investigation of German American Bancorp, Inc. (NASDAQ:GABC) concerning possible breaches of fiduciary duty. To obtain

German American named to KBW Bank Honor Roll for 13th Consecutive Year

3 May 22

JASPER, Ind., May 03, 2022 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (NASDAQ:GABC) announced today that it has once again been recognized as one of the highest performing banks in the country by being named to

German American Bancorp, Inc. (GABC) Reports First Quarter 2022 Earnings

25 Apr 22

JASPER, Ind., April 25, 2022 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (NASDAQ:GABC) reported first quarter earnings of $9.1 million, or $0.31 per share. The current quarterly earnings include the results of

11 Apr 22

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of German American Bancorp, Inc. (GABC)

1 Apr 22

Investment data

Data from SEC filings

Top 50 of 98 long holdings End of quarter 31 Mar 22	Value	#Shares	Prev Q	Change %, QoQ
Ishares TR (RUS MID CAP ETF)	$62.96M	806.74K	802.98K	+0.5
IBB Ishares TR (INTRM GOV CR ETF)	$61.26M	564.48K	491.03K	+15.0
IBB Ishares TR (MSCI ACWI EX US)	$53.47M	1.02M	1.01M	+0.8
SPY SPDR S&P 500 Etf TR	$46.51M	102.99K	106.75K	-3.5
AAPL Apple Inc	$38.38M	219.79K	238.46K	-7.8
Ishares TR (RUSSELL 2000 ETF)	$38.04M	185.3K	184.64K	+0.4
MSFT Microsoft Corp	$32.77M	106.29K	106.33K	-0.0
GOOG Alphabet Inc	$26.73M	9.61K	9.61K	-0.0
AMZN Amazon Com Inc	$23.17M	7.11K	7.02K	+1.3
IBB Ishares TR (IBOXX HI YD ETF)	$16.11M	195.78K	179.87K	+8.8
UNH Unitedhealth Group Inc	$15.75M	30.88K	30.8K	+0.2
COST Costco WHSL Corp New	$12.18M	21.15K	21.04K	+0.5
MA Mastercard Incorporated	$11.54M	32.28K	31.58K	+2.2
JPM Jpmorgan Chase & Co	$10.79M	79.15K	78.99K	+0.2
PG Procter & Gamble Co	$9.62M	62.97K	63.03K	-0.1
IBB Ishares TR (NATIONAL MUN ETF)	$9.51M	86.73K	71.01K	+22.1
NKE Nike Inc	$8.88M	66K	66.18K	-0.3
ABT Abbott Labs	$8.84M	74.68K	74.81K	-0.2
JNJ Johnson & Johnson	$8.22M	46.38K	46.58K	-0.4
NVDA Nvidia Corporation	$7.81M	28.63K		NEW
BLK Blackrock Inc	$7.81M	10.22K	10.3K	-0.8
ORCL Oracle Corp	$7.68M	92.83K	92.31K	+0.6
FB Meta Platforms Inc	$7.67M	34.51K	34.95K	-1.2
TFC Truist Finl Corp	$7.54M	132.96K	130K	+2.3
GABC German Amer Bancorp	$7.23M	190.18K	186.04K	+2.2
PFE Pfizer Inc	$7.07M	136.52K	136.59K	-0.1
KO Coca Cola Co	$6.88M	110.89K	110.32K	+0.5
PTSI Micron Technology Inc	$6.83M	87.75K	86.89K	+1.0
CAT Caterpillar Inc	$6.72M	30.16K	2.21K	+1264.1
MS Morgan Stanley	$6.34M	72.59K	72.15K	+0.6
XOM Exxon Mobil Corp	$5.98M	72.43K	70.83K	+2.3
FDX Fedex Corp	$5.82M	25.13K		NEW
CVS CVS Health Corp	$5.78M	57.11K	56.97K	+0.2
DIS Disney Walt Co	$5.75M	41.94K	40.87K	+2.6
CSCO Cisco Sys Inc	$5.45M	97.69K	152.73K	-36.0
STT Select Sector SPDR TR	$5.41M	72.6K	72.27K	+0.5
TMO Thermo Fisher Scientific Inc	$5.38M	9.1K	9.03K	+0.8
C Citigroup Inc	$5.37M	100.47K	98.71K	+1.8
HON Honeywell Intl Inc	$5.19M	26.66K	26.27K	+1.5
DHR Danaher Corporation	$5.1M	17.4K	17.47K	-0.4
GM General MTRS Co	$5.03M	115.05K	115.16K	-0.1
COP Conocophillips	$4.95M	49.49K	48.93K	+1.1
ATVI Activision Blizzard Inc	$4.17M	52.02K	50.2K	+3.6
BA Boeing Co	$4.08M	21.33K	20.61K	+3.5
ABBV Abbvie Inc	$3.64M	22.42K	22.96K	-2.4
Vanguard Scottsdale FDS	$2.73M	31.69K	32.9K	-3.7
RTX Raytheon Technologies Corp	$2.68M	27.01K	26.86K	+0.5
Vanguard Whitehall FDS	$2.67M	23.81K	23.57K	+1.0
LEN Lennar Corp	$2.49M	30.64K	30.63K	0
PSX Phillips 66	$2.22M	25.72K	25.54K	+0.7

German American Bancorp holdings history Holdings history

Holdings list only includes long positions. Only includes long positions.

Calendar

9 May 22

20 May 22

31 Dec 22

Financial summary

Financial statements Chart GABC financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

GABC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 May 22	Bawel Zachary W	Common Stock	Buy	Acquire P	No	No	34.82	73	2.54K	12,047
16 May 22	Susan J Ellspermann	Common Stock	Buy	Acquire P	No	No	34.82	24	835.68	1,651
16 May 22	Kelly Jason M	Common Stock	Buy	Acquire P	No	No	34.82	73	2.54K	7,239
16 May 22	Ramsey Chris A	Common Stock	Buy	Acquire P	No	No	34.82	73	2.54K	27,043
16 May 22	Ryan Christina M	Common Stock	Buy	Acquire P	No	No	34.82	26	905.32	7,306

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

GABC institutional ownership history Ownership history

37.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	116	119	-2.5%
Opened positions	8	12	-33.3%
Closed positions	11	9	+22.2%
Increased positions	41	41	–
Reduced positions	47	33	+42.4%

13F shares	Current	Prev Q	Change
Total value	3.25B	3.76B	-13.5%
Total shares	11.09M	11.34M	-2.1%
Total puts	11.7K	0	NEW
Total calls	2.1K	0	NEW
Total put/call ratio	5.6	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	1.85M	$70.1M	-1.1%
Champlain Investment Partners	1.34M	$50.91M	-4.1%
Vanguard	1.33M	$50.49M	+8.8%
Dimensional Fund Advisors	975.75K	$37.07M	+0.2%
BEN Franklin Resources	879.02K	$33.39M	+0.4%
GS Goldman Sachs	677.38K	$25.73M	-0.5%
STT State Street	522.68K	$19.86M	+2.9%
Geode Capital Management	467.3K	$17.75M	+3.3%
NTRS Northern Trust	305.84K	$11.62M	-3.3%
Boston Trust Walden	216.55K	$8.23M	+2.2%

Largest transactions	Shares	Bought/sold	Change
Manufacturers Life Insurance Company, The	0	-392.23K	EXIT
Vanguard	1.33M	+108.04K	+8.8%
Deprince Race & Zollo	122.35K	+75.95K	+163.7%
Champlain Investment Partners	1.34M	-57.1K	-4.1%
Wedge Capital Management L L P	179.93K	+51.08K	+39.6%
BCS Barclays	4.13K	-25.87K	-86.2%
D. E. Shaw & Co.	28.92K	+21.33K	+280.9%
BLK Blackrock	1.85M	-21.23K	-1.1%
Russell Investments	31.65K	+18.53K	+141.3%
Glenview Trust	16.54K	+16.54K	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Fintech • Fintech

Management Discussion

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
GERMAN AMERICAN BANCORP, INC.
German American Bancorp, Inc. is a Nasdaq-traded (symbol: GABC) financial holding company based in Jasper, Indiana. German American, through its banking subsidiary German American Bank, operates 77 banking offices in 19 contiguous southern Indiana counties and 14 Kentucky counties. The Company also owns an investment brokerage subsidiary (German American Investment Services, Inc.) and a full line property and casualty insurance agency (German American Insurance, Inc.).

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

New words: build, fewer, forma, necessarily, network, Post, preliminary, pro, rapid, scope, seasonally, Subtopic, tempered, vendor, vintage

Removed: accommodative, accreted, adjusting, aforementioned, anticipating, cancellable, climate, commitment, concentration, consolidate, death, decision, deducted, defend, deferral, develop, difficult, diminish, diminished, diversified, driver, economy, elevated, employed, exceed, exceeding, exclude, expansion, expedient, exposed, extend, Facility, family, fund, governmental, grain, guarantee, high, hold, impacting, implement, improving, insignificant, integrated, inventory, issuing, judgement, lead, leased, lifetime, livestock, low, maintaining, mitigate, mobile, modestly, muted, nearby, negatively, noncredit, ongoing, online, open, opposed, par, payoff, pooling, potentially, poultry, PPPL, practical, production, prospective, proximity, recording, reduce, reduction, restrospective, reversal, secondarily, securing, sensitive, standby, substantiate, successful, sum, supported, swap, targeted, travel, unconditionally, unissued, unpaid, unprecedented, usage, vaccination, varying

From filing 10-Q 2022 Q1

Financial reports

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