JASPER, Ind.--(BUSINESS WIRE)--German American Bancorp, Inc. (NASDAQ: GABC) and its banking subsidiary, German American Bank, announces that Bradley C. Arnett has been appointed Executive Vice President, Chief Legal Officer and Corporate Secretary effective January 1, 2025. Arnett currently serves as Senior Vice President, Chief Legal Officer and Corporate Secretary. Before joining German Ameri...
German American Bancorp, Inc.'s upside potential is limited due to expected lower interest rates impacting net interest income. The bank's loan book is heavily exposed to commercial real estate and agricultural loans, with moderate interest rate sensitivity. Despite good credit quality and profitability, rising deposit costs and weak non-interest income growth have pressured revenues.
JASPER, Ind.--(BUSINESS WIRE)--German American Bancorp, Inc. (Nasdaq: GABC) reported solid third quarter earnings of $21.0 million, or $0.71 per share. This level of quarterly earnings reflected a linked quarter increase of $0.5 million, or approximately 3% on a per share basis, from 2024 second quarter earnings of $20.5 million or $0.69 per share. Third quarter 2024 operating performance was h...
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of German American Bancorp, Inc. (NasdaqGS: GABC) (the “Company”) and Heartland BancCorp (OTC: HLAN). Under the terms of the proposed transaction, German American would issue approximately 7.66 million shares of it...
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of German American Bancorp, Inc. (NASDAQ: GABC) and Heartland BancCorp is fair to German American shareholders. Based on the number of Heartland common shares expected to be outstanding at closing, German American would issue approximately 7.66 million shares of its common stock in conn...
JASPER, Ind., July 29, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported strong second quarter earnings of $20.5 million, or $0.69 per share. This level of quarterly earnings reflected a linked quarter increase of $1.5 million, or approximately 8% on a per share basis, from 2024 first quarter earnings of $19 million or $0.64 per share.
JASPER, Ind. and WHITEHALL, Ohio, July 29, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) (“German American”) and Heartland BancCorp (OTCQX: HLAN) (“Heartland”) jointly announced today that they have entered into a definitive agreement to merge Heartland into German American. Upon completion of the transaction, Heartland's subsidiary bank, Heartland Bank, will be merged i...
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