GABC German American Bancorp, Inc. featured news, full reports, and detailed charts
German American Bancorp, Inc. (GABC) Wrap Up:
German American Bancorp, Inc. is a financial services holding company based in Jasper, Indiana. The Company’s Common Stock is traded on NASDAQ’s Global Select Market under the symbol GABC. The principal subsidiary of German American Bancorp, Inc., is its banking subsidiary, German American Bancorp which operates through six community banking affiliates with 28 retail banking offices in the ten contiguous Southern Indiana counties of Daviess, Dubois, Gibson, Knox, Lawrence, Martin, Monroe, Perry, Pike, and Spencer. German American Bancorp, Inc., also owns a trust, brokerage, and financial planning subsidiary, which operates from the banking offices of the bank subsidiary and a full line property and casualty insurance agency with six insurance agency offices throughout its market area. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f13%2f0001144204-08-014910.html#FIS_BUSINESS"German American Bancorp Inc. (GABC:NASDAQ)
Snapshot of German American Bancorp Inc. (GABC)
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OPEN
$15.59
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PREVIOUS CLOSE
$15.53
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DAY HIGH
$16.61
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DAY LOW
$15.51
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52 WEEK HIGH
08/3/09 - $18.33
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52 WEEK LOW
03/19/09 - $10.40
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MARKET CAP
182.5M
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AVERAGE VOLUME 3 mo
12.4K
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DILUTED EPS TTM
$1.11
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SHARES OUTSTANDING
11.1M
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EX-DATE
11/6/09
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P/E TTM
14.9x
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DIVIDEND
$0.56
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DIVIDEND YIELD
3.40%
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| K = Thousands M = Millions B = Billions | ||
related news
GABC Top Compensated Officers
Executives, Board Directors
Key developments for German American Bancorp Inc. (GABC)
German American Bancorp Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported another quarter of strong earnings, posting 3rd quarter net income of $3,191,000, or $0.29 per share. This represents the 3rd level of quarterly earnings in the Company's history, surpassed only by the quarterly earnings recorded in the 3rd and 4th quarters of 2008. 2009 year-to-date reported earnings were $8,897,000, or $0.81 per share. The strong level of quarterly earnings was only slightly less than the record net income earned in the comparable quarter in 2008, in the face of a more difficult economic and operating environment in the current year. As compared to the Company's 3rd quarter 2008 earnings, current quarter 2009 earnings were $128,000, or 4%, less than the $3,319,000, or $0.30 per share, reported during the same quarter last year. The Company's current year 3rd quarter performance was enhanced by a $1.0 million improvement in net interest income, supported by an increase in the net interest margin to 4.02% as compared to 3.89% in the 3rd quarter of last year, coupled with a 6.5% increase in the Company's average earning assets. The company reported net interest income of $11.481 million, income before income tax of $4.368 million and total Interest income of $16.159 million compared to the net interest income of $10.446 million, income before income tax of $4.773 million and total Interest income of $16.729 million for the same period a year ago. The company announced annualized return on average assets of 1.03% and annualized return on average equity of 11.59% compared to the annualized return on average assets of 1.13% and annualized return on average equity of 13.42% for the same period a year ago. For nine months, the company reported net interest income of $33.239 million, income before income tax of $12.128 million and net income of $8.897 million or $0.81 diluted earnings per share on total Interest income of $47.939 million compared to the net interest income of $30.63 million, income before income tax of $13.871 million and net income of $9.450 million or $0.85 diluted earnings per share on total Interest income of $51.332 million for the same period a year ago. The company announced book value per share of $10.15 compared to the book value per share of $9.16 for the same period a year ago. The company announced annualized return on average assets of 0.98% and annualized return on average equity of 10.92% compared to the annualized return on average assets of 1.08% and annualized return on average equity of 12.73% for the same period a year ago. The Company also announced that its Board of Directors declared its regular quarterly cash dividend of $0.14 per share which will be payable on November 20, 2009 to shareholders of record as of November 10, 2009.
German American Bancorp Inc. expected to Report Fiscal Year 2009 Results on January 25, 2010. This event was calculated by Capital IQ (Created on October 29, 2009).
German American Bancorp Inc. amended and again restated its restated bylaws by action of its Board of Directors. The principal change made by the Restated Bylaws, as further amended and restated effective July 27, 2009, was to elect not to be governed by certain changes to the Indiana Business Corporation Law that were made effective July 1, 2009 (for those companies not electing to opt out of such changes) that had the effect of requiring publicly held corporations incorporated under the IBCL to classify their boards of directors into multiple groups, each elected in different years for multi-year terms. The company also announced that Mark A. Schroeder has been appointed by the Board of Directors to the offices of Chairman of the Board and Chief Executive Officer. Previously, Mr. Schroeder held the office of President and Chief Executive Officer.
GABC Competitors
| Company | Last | Change |
| BankFinancial Corp | $9.22 USD | -0.11 |
| First Defiance Financial | $12.14 USD | -0.18 |
| First Mid Illinois Bancshares | $18.30 USD | 0.00 |
| Isabella Bank Corp | $15.00 USD | -0.50 |
| Peoples Bancorp Inc | $9.42 USD | -0.38 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | GABC | Industry Range |
| Price/Earnings | 14.9x |
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| Price/Sales | 3.3x |
Not meaningful
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| Price/Book | 1.6x |
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| Price/Cash Flow | 14.9x |
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| TEV/Sales | NM | Not Meaningful |
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GABC |
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GABC transactions
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| No transactions in the last 6 months. | ||
