GABC German American Bancorp, Inc.
German American Bancorp, Inc. is a holding company, which engages in owning a trust, brokerage, and financial planning through German American Financial Advisors & Trust Co., and German American Insurance, Inc. It operates through the following business segments: Core Banking; Trust and Investment Advisory Services; Insurance Operations; and Other. The Core Banking segment involves attracting deposits from the general public and using such funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, primarily in the local market of the company. The Trust and Investment Advisory Service segment provides trust, investment advisory, and brokerage services to customers. The Insurance Operations segment offers a full range of personal and corporate property and casualty insurance products, primarily in the local market of the subsidiary of the company. The Other segment refers to the primary differences between segment amounts and consolidated totals. The company was founded in 1982 and is headquartered in Jasper, IN.
Company profile
Ticker
GABC
Exchange
Website
CEO
Mark A. Schroeder
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Former names
German American Bancorp
SEC CIK
Corporate docs
IRS number
351547518
GABC stock data
()
Investment data
| Top 50 of 72 long holdings End of quarter 31 Mar 20 |
Value |
#Shares |
Prev Q |
Change %, QoQ |
|---|---|---|---|---|
| $40.72M | 354.95K | 340.93K | +4.1 | |
|
SPDR S&P 500 Etf TR
|
$29.23M | 113.4K | 104.03K | +9.0 |
| $28.53M | 757.95K | 735.93K | +3.0 | |
| $26.57M | 615.6K | 590.38K | +4.3 | |
| $16.84M | 106.75K | 105.25K | +1.4 | |
| $16.83M | 66.18K | 65.14K | +1.6 | |
| $16.5M | 144.16K | 139.07K | +3.7 | |
| $9.48M | 122.95K | 115.79K | +6.2 | |
| $8.41M | 4.31K | 4.3K | +0.3 | |
| $8.09M | 6.96K | 6.95K | +0.2 | |
| $6.39M | 26.44K | 25.72K | +2.8 | |
| $6.13M | 68.1K | 66.58K | +2.3 | |
| $5.72M | 22.92K | 22.71K | +0.9 | |
| $5.47M | 71.12K | 69.3K | +2.6 | |
| $5.29M | 63.9K | 61.9K | +3.2 | |
| $5.09M | 46.3K | 44.83K | +3.3 | |
| $4.88M | 65.24K | 41.88K | +55.8 | |
| $4.42M | 15.5K | 15.26K | +1.6 | |
| $4.35M | 26.06K | 25.94K | +0.4 | |
| $4.32M | 54.8K | 54.76K | +0.1 | |
| $4.15M | 151.27K | 144.86K | +4.4 | |
| $4.12M | 36.44K | 31.34K | +16.3 | |
| $3.75M | 53.69K | 53.26K | +0.8 | |
| $3.61M | 27.5K | 27.31K | +0.7 | |
| $3.57M | 21.58K | 20.92K | +3.1 | |
| $3.44M | 77.8K | 75.56K | +3.0 | |
| $3.4M | 117.17K | 42.06K | +178.6 | |
| $3.34M | 7.59K | 7.31K | +3.8 | |
| $3.18M | 65.81K | 65.28K | +0.8 | |
| $3.09M | 78.64K | 6.1K | +1188.8 | |
| $3.02M | 71.65K | 71.7K | -0.1 | |
| $2.93M | 30.33K | 30.44K | -0.4 | |
| $2.92M | 52.73K | 50.81K | +3.8 | |
| $2.9M | 33.3K | 29.53K | +12.8 | |
| $2.8M | 42.57K | 40.5K | +5.1 | |
| $2.71M | 60.22K | 58.03K | +3.8 | |
| $2.7M | 79.25K | 74.35K | +6.6 | |
| $2.67M | 63.57K | 63.59K | -0.0 | |
| $2.65M | 19.78K | 19.39K | +2.0 | |
| $2.5M | 42.06K | 30.07K | +39.9 | |
| $2.35M | 15.76K | 15.78K | -0.1 | |
| $2.24M | 37.6K | 37.05K | +1.5 | |
| $1.93M | 20.42K | 20.54K | -0.6 | |
| $1.76M | 33.83K | 31.89K | +6.1 | |
| $1.73M | 53.15K | 52.63K | +1.0 | |
| $1.39M | 18.26K | 18.17K | +0.5 | |
| $807K | 14.82K | NEW | ||
| $761K | 20.05K | 24.05K | -16.6 | |
| $733K | 4.55K | 5.53K | -17.7 | |
| $591K | 3.17K | 3.03K | +4.7 |
Holdings list only includes long positions.
Only includes long positions.
Calendar
11 May 20
10 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 43.57M | 47.34M | 46.91M | 41.04M | |
| Net income | 12.47M | 15.82M | 13.06M | 15.27M | |
| Diluted EPS | 0.47 | 0.59 | 0.49 | 0.61 | |
| Net profit margin | 28.62% | 33.42% | 27.85% | 37.21% | |
| Net change in cash | -13.74M | ||||
| Cash on hand | 90.14M | 103.88M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 176.47M | 133.75M | 111.03M | 103.37M | |
| Net income | 59.22M | 46.53M | 40.68M | 35.18M | |
| Diluted EPS | 2.29 | 1.99 | 1.77 | 1.57 | |
| Net profit margin | 33.56% | 34.79% | 36.64% | 34.04% | |
| Net change in cash | 7.33M | ||||
| Cash on hand | 103.88M | 96.55M |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 15 Jun 20 | Snowden Raymond Ward | Common Stock | Buy | Aquire P | No | 28.59 | 30 | 857.7 | 31,699 |
| 15 Jun 20 | Sheidler Jack | Common Stock | Buy | Aquire P | No | 28.59 | 30 | 857.7 | 51,408 |
| 15 Jun 20 | Seger Thomas W | Common Stock | Buy | Aquire P | No | 28.59 | 178 | 5.09K | 372,461 |
| 15 Jun 20 | Ryan Christina M | Common Stock | Buy | Aquire P | No | 28.59 | 59 | 1.69K | 3,104 |
| 15 Jun 20 | Ramsey Chris A | Common Stock | Buy | Aquire P | No | 28.59 | 30 | 857.7 | 22,199 |
Institutional ownership Q1 2020
42.1% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 100 |
| Opened positions | 9 |
| Closed positions | 15 |
| Increased positions | 32 |
| Reduced positions | 38 |
13F shares |
Current |
|---|---|
| Total value | 3.93B |
| Total shares | 11.23M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| BLK BlackRock | 1.81M | $49.79M |
| Vanguard | 1.23M | $33.7M |
| Champlain Investment Partners | 1.22M | $33.4M |
| Dimensional Fund Advisors | 1.03M | $28.2M |
| BEN Franklin Resources | 682.42K | $18.73M |
| GS The Goldman Sachs Group, Inc. | 675.23K | $18.54M |
| STT State Street | 506.07K | $13.89M |
| NTRS Northern Trust | 452.3K | $12.42M |
| Manufacturers Life Insurance Company, The | 436.22K | $11.98M |
| Geode Capital Management | 375.85K | $10.32M |
Financial report summary
?Management Discussion
- Net income for the quarter ended March 31, 2020 totaled $12,472,000, or $0.47 per share, a decline of 22% on a per share basis compared with the first quarter 2019 net income of $15,067,000, or $0.60 per share. The decline in net income and earnings per share during the first quarter of 2020 was largely attributable to an increased level of provision for credit losses related to economic uncertainties and stress related to the COVID-19 pandemic.
Content analysis
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| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
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New words:
advertising, aforementioned, Aid, ambiguity, America, anchored, ascertain, assisting, automatically, begun, burden, Care, categorize, CBLR, certainty, clarified, CMO, complex, Comptroller, concentration, constituted, costly, created, Currency, damage, deficiency, delay, delinquency, deny, Department, develop, developing, DFI, difficult, diminish, diminished, discretion, disease, disrupted, disruption, distancing, diversified, domestic, downturn, earmarked, ease, economy, elevated, emergency, employed, employment, enacted, encouraged, Enhancement, enroll, environmental, evolve, exceed, exhausted, exposed, extend, extended, favorable, flexibility, forecasting, forgiven, forma, GAAP, global, Glossary, governmental, grace, grain, great, guaranty, health, heighten, hierarchy, high, influence, insignificant, Interagency, inventory, judgement, key, larger, layered, lead, lender, leverage, lifetime, livestock, long, manner, MBS, nationwide, necessarily, network, neutralize, noncompliance, noninterest, notified, Notwithstanding, OCC, ongoing, opposed, outbreak, pandemic, par, passing, Paycheck, payoff, personnel, pool, pooled, pooling, posed, poultry, PPP, PPPL, predict, predicted, President, prevent, principle, pro, prolonged, promotion, Pronouncement, published, qualitative, quantify, quickly, recessionary, reduce, reduced, reduction, regulated, resolved, restrospective, resume, revised, rule, satisfactory, SBA, secondarily, seek, shelter, short, significantly, simplify, Simplifying, small, social, spending, spread, stabilize, stable, stemming, Step, structure, successful, sum, supply, TDR, timeframe, tracking, travel, Treasury, treat, trillion, unable, unavailable, uncertain, uncertainty, unconditionally, unemployment, unit, United, variety, volatility, work, World, worldwide
Removed:
accretable, amend, amended, amortize, anticipated, AOCI, assumption, back, block, broad, callable, cancellation, closely, commencement, coverage, debit, detail, earliest, entered, Evansville, expectation, expiration, fluctuate, formal, FR, Franklin, grandfathered, Greensburg, household, implemented, imprecise, improved, improvement, inclusion, judgmental, jurisdiction, land, lessee, lessor, Lexington, located, Mainsource, migration, negotiated, Newburgh, Newly, nonfinancial, noted, organic, Owensboro, page, performing, permitting, positively, privately, prospectively, purpose, put, reclassification, recognizing, reinsurance, renewal, retainer, retrospective, run, scope, seller, setting, shortened, size, Smaller, software, Subtopic, thereof, treatment, unallocated, unchanged, worse
Financial reports
10-Q
2020 Q1
Quarterly report
11 May 20
10-K
2019 FY
Annual report
2 Mar 20
10-Q
2019 Q3
Quarterly report
8 Nov 19
10-Q
2019 Q2
Quarterly report
9 Aug 19
10-Q
2019 Q1
Quarterly report
10 May 19
10-K
2018 FY
Annual report
1 Mar 19
10-Q
2018 Q3
Quarterly report
9 Nov 18
10-Q
2018 Q2
Quarterly report
9 Aug 18
10-Q
2018 Q1
Quarterly report
10 May 18
10-K
2017 FY
Annual report
1 Mar 18
Current reports
8-K
Departure of Directors or Certain Officers
1 Jul 20
8-K
Departure of Directors or Certain Officers
26 May 20
8-K
Results of Operations and Financial Condition
7 May 20
8-K
Other Events
28 Apr 20
8-K
Other Events
22 Apr 20
8-K
Departure of Directors or Certain Officers
3 Apr 20
8-K
Regulation FD Disclosure
29 Jan 20
8-K
Results of Operations and Financial Condition
28 Jan 20
8-K
Departure of Directors or Certain Officers
18 Dec 19
8-K
Regulation FD Disclosure
11 Dec 19
Registration and prospectus
424B3
Prospectus supplement
1 Oct 19
S-4/A
Registration of securities issued in business combination transactions (amended)
26 Sep 19
S-4
Registration of securities issued in business combination transactions
18 Sep 19
S-8
Registration of securities for employees
27 Jun 19
424B3
Prospectus supplement
3 May 19
S-4/A
Registration of securities issued in business combination transactions (amended)
29 Apr 19
S-4
Registration of securities issued in business combination transactions
19 Apr 19
425
Business combination disclosure
22 Feb 19
425
Business combination disclosure
22 Feb 19
425
Business combination disclosure
4 Sep 18
Proxies
DEFA14A
Additional proxy soliciting materials
12 May 20
DEF 14A
Definitive proxy
6 Apr 20
PRE 14A
Preliminary proxy
24 Mar 20
DEF 14A
Definitive proxy
1 Apr 19
DEF 14A
Definitive proxy
26 Mar 18
DEF 14A
Definitive proxy
24 Mar 17
DEF 14A
Definitive proxy
29 Mar 16
DEF 14A
Definitive proxy
31 Mar 15
DEF 14A
Definitive proxy
31 Mar 14
DEF 14A
Definitive proxy
29 Mar 13
Other
EFFECT
Notice of effectiveness
1 Oct 19
EFFECT
Notice of effectiveness
3 May 19
CORRESP
Correspondence with SEC
30 Apr 19
UPLOAD
Letter from SEC
23 Apr 19
EFFECT
Notice of effectiveness
27 Jul 18
CORRESP
Correspondence with SEC
25 Jul 18
EFFECT
Notice of effectiveness
23 Dec 15
CORRESP
Correspondence with SEC
21 Dec 15
CORRESP
Correspondence with SEC
17 Dec 15
UPLOAD
Letter from SEC
15 Dec 15
Ownership
4
GERMAN AMERICAN BANCORP / JASON M KELLY ownership change
17 Jun 20
4
GERMAN AMERICAN BANCORP / Zachary W Bawel ownership change
17 Jun 20
4
GERMAN AMERICAN BANCORP / U BUTCH KLEM ownership change
17 Jun 20
4
GERMAN AMERICAN BANCORP / Chris A Ramsey ownership change
17 Jun 20
4
GERMAN AMERICAN BANCORP / Christina M Ryan ownership change
17 Jun 20
4
GERMAN AMERICAN BANCORP / THOMAS W SEGER ownership change
17 Jun 20
4
GERMAN AMERICAN BANCORP / JACK SHEIDLER ownership change
17 Jun 20
4
GERMAN AMERICAN BANCORP / Raymond Ward Snowden ownership change
17 Jun 20
5
GERMAN AMERICAN BANCORP / CHRISTINA M ERNST ownership change
3 Jun 20
4
GERMAN AMERICAN BANCORP / Zachary W Bawel ownership change
19 May 20