German American Bancorp (NASDAQ: GABC) details Q1 2026 profit, margin and capital in roadshow deck
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
German American Bancorp, Inc. is meeting investors on May 7–8, 2026 in a non-deal roadshow hosted by Piper Sandler and has released a detailed first quarter 2026 investor presentation.
The company reports about $8.4 billion in total banking assets and $4.0 billion of investment and trust assets under management, with 93 banking offices and roughly 1,050 team members across Indiana, Kentucky and Ohio. Management highlights fourteen consecutive years of increased dividends and more than 21 consecutive fiscal years of double-digit return on equity.
For the quarter ended March 31, 2026, adjusted net income was $33.2 million, with adjusted earnings per share of $0.88 and adjusted return on average assets of 1.58%. Adjusted return on tangible equity was 17.08%. Total loans were $5.85 billion and total deposits were $6.98 billion, with 24% of deposits uninsured and uncollateralized and an average deposit account size of $30,793. The presentation also shows an adjusted net interest margin (tax-equivalent) of 4.08%, an adjusted efficiency ratio of 51.2%, and continued use of non-GAAP measures to strip out merger, CECL Day 2, securities restructuring, insurance sale and debt extinguishment items.
Positive
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Negative
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8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Total banking assets: $8.4 billion
Total loans: $5,849.4 million
Total deposits: $6,981 million
+5 more
8 metrics
Total banking assets
$8.4 billion
Company-wide total assets as of early 2026
Total loans
$5,849.4 million
Total loans outstanding as of March 31, 2026
Total deposits
$6,981 million
Total deposits as of March 31, 2026
Adjusted net income
$33,152 thousand
Quarter ended March 31, 2026
Adjusted EPS
$0.88 per share
Quarter ended March 31, 2026
Adjusted ROA
1.58%
Return on average assets, Q1 2026
Adjusted ROATCE
17.08%
Return on average tangible equity, Q1 2026
Adjusted net interest margin
4.08%
Tax-equivalent net interest margin, Q1 2026
Key Terms
non-deal roadshow, Net Interest Margin (Tax-Equivalent), Efficiency Ratio, CECL Day 2 non-PCD provision, +2 more
6 terms
non-deal roadshow financial
"will be meeting with investors on May 7 – 8, 2026, as part of a non-deal roadshow hosted by Piper Sandler"
A non-deal roadshow is a planned series of meetings where company executives travel to meet investors and analysts without trying to sell stock or raise money. Think of it like an author’s book tour: the goal is to explain the company’s strategy, answer questions and build relationships so investors better understand the business; that clarity can reduce uncertainty, influence market perception and affect a company’s share price and access to capital in the future.
Net Interest Margin (Tax-Equivalent) financial
"Net Interest Margin (Tax-Equivalent) (dollars in thousands)"
Efficiency Ratio financial
"Efficiency Ratio *2022 was impacted by acquisition-related expenses"
A measure of how much a company spends to produce each dollar of revenue, usually shown as operating expenses divided by revenue and expressed as a percentage. Think of it as a household’s budget: a lower percentage means more of each dollar earned stays as profit, while a higher number means costs are eating into returns. Investors use it to judge cost control and compare how efficiently companies turn revenue into earnings, especially in banks and financial firms.
CECL Day 2 non-PCD provision financial
"CECL Day 2 non-PCD provision - 12,150 12,150 -"
tangible equity financial
"Average Tangible Equity $ 501,198 $ 655,387 $ 592,813 $ 776,352"
Tangible equity is the portion of a company's net worth made up of physical and financial assets after subtracting intangible items like patents, brand names and goodwill. Investors use it as a conservative measure of how much real, sellable value would remain for shareholders if the business were broken up or struggled, similar to assessing a house’s value based only on bricks and land rather than a neighborhood reputation.
non-GAAP financial measures financial
"As a supplement to GAAP, the Company has provided certain, non-GAAP financial measures"
Non-GAAP financial measures are numbers companies use to show their financial performance that exclude certain expenses or income. They help investors see how the company might perform without one-time costs or other unusual items, giving a different perspective from official reports. However, since they can be adjusted, they don’t always tell the full story and should be looked at alongside standard financial figures.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
______________________
Date of Report (Date of earliest event reported): May 6, 2026
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation)
| (Commission File Number) | (IRS Employer Identification No.) | |||||||
| (Address of principal executive offices) | (Zip Code) | |||||||
Registrant’s telephone number, including area code: (812 ) 482-1314
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act (17 CFR 230.405) or Rule 12b-2 under the Exchange Act (17 CFR 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Item 7.01. Regulation FD Disclosure.
D. Neil Dauby, Chairman and Chief Executive Officer, and Bradley M. Rust, President and Chief Financial Officer, of German American Bancorp, Inc. will be meeting with investors on May 7 – 8, 2026, as part of a non-deal roadshow hosted by Piper Sandler. Attached as Exhibit 99.1 is the information that will be provided to meeting participants. Such information is incorporated herein by reference.
The information in this Item 7.01, including the information incorporated herein from Exhibit 99.1, is furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
| (d) | Exhibits | ||||||||||
| Exhibit No. | Description | ||||||||||
99.1 | German American Bancorp, Inc. Presentation dated May 7 & 8, 2026. | ||||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | ||||||||||
* * * * * *
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| GERMAN AMERICAN BANCORP, INC. | ||||||||
Date: May 6, 2026 | By: | /s/ D. Neil Dauby | ||||||
| D. Neil Dauby, Chairman and Chief Executive Officer | ||||||||
Neil Dauby, Chairman & CEO neil.dauby@germanamerican.com Brad Rust, President & CFO brad.rust@germanamerican.com Scan for electronic presentation GABC 1st Quarter 2026 Piper Sandler Investor Roadshow May 7 & 8, 2026
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS When used in this presentation and our oral statements, the words or phrases “believe,” “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project,” “plans,” or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this presentation, and we do not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur in the future. By their nature, these statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those anticipated in the statements. Factors that could cause actual results and performance to vary materially from those expressed or implied by any forward-looking statement include those that are discussed in Item 1, “Business – Forward Looking Statements and Associated Risk,” and Item 1A, “Risk Factors,” in our Annual Report on Form 10-K for 2025 as updated and supplemented by our other SEC reports filed from time to time. 2
Indiana, Kentucky & Ohio Community-focused Financial Services Organization Who We Are 3 $8.4 Billion Total Banking Assets $4.0 Billion Investment & Trust Assets Under Management ~1050 Team Members 93 Banking Offices in Indiana, Kentucky & Ohio
4 History of Financial Performance & Growth Fourteen Consecutive Years of Increased Dividends History of Improved Earnings Performance Double-Digit Return on Equity for 21+ Consecutive Fiscal Years
FINANCIAL TRENDS 5
Total Assets 6 $5,609 $6,156 $6,152 $6,296 $8,389 $8,382 1.57% 1.26% 1.42% 1.34% 1.57% 1.58% 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 03/31/26 (dollars in millions, except per share amount) Return on Average Assets * * **Reflects certain adjustments. Refer to "Use of Non- GAAP Financial Measures" for additional information, including a reconciliation to the comparable GAAP financial measure. ** *2022 was impacted by acquisition-related expenses and the Day 2 provision for credit losses under the CECL model for the CUB transaction that closed on January 1, 2022 of $18.623 mill ion ($14.097 mill ion or $0.48 per share on an after tax basis). **
Loan Portfolio Trends 7 $3,004 $3,785 $3,971 $4,125 $5,875 $5,849 81% 81% 81% 80% 76% 76% 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 03/31/26 Total Loans, Net of Unearned Income Commercial & Agricultural Loans as % of Total Loans (dollars in millions) 56.62% 52.07% 56.26% 61.23% 64.51% 55.85% 40.74% 40.04% 39.71% 40.80% 43.18% 43.12% 31.35% 31.86% 31.49% 33.37% 37.33% 37.59% 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 3/31/26 Line of Credit Utilization Trend Ag - Line Utilization HELOC - Line Utilization Commercial - Line Utilization
Floating 34% Fixed 27% 1 YR Adjustable 11% 3 YR + Adjustable 28% Rate Type Segmentation Construction & Development Loans $ 459.0 million 8% Agricultural Loans $ 475.6 million 8% Commercial & Industrial Loans $ 788.8 million 13% Commerical Real Estate Owner Occupied $ 806.0 million 14% Commercial Real Estate Non- Owner Occupied $ 1,442.6 million 25% Multi-Family Residential Properties $ 518.2 million 9% Consumer Loans $ 76.5 million 1% Home Equity Loans $ 504.0 million 9% Residential Mortgage Loans $ 778.7 million 13% Loan Portfolio Composition & Diversification Total Loans $ 5,849.4 million Diversified Loan Portfolio as of March 31, 2026 8
0.26% 0.23% 0.15% 0.18% 0.35% 0.35% 0.34% 0.29% 0.37% 0.49% 0.56% 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 03/31/26 GABC Peer Group* Non-Performing Assets to Total Assets 9 * Peer Group (St. Louis Federal Reserve District BHC with Total Assets between $3 and $10 billion) Data.
Total Deposits 10 $4,744 $5,350 $5,253 $5,329 $6,990 $6,981 93% 92% 85% 83% 82% 82% 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 03/31/26 Non-Maturity Deposit Accounts as % of Total Deposits (dollars in millions) Cost of Deposits Per Year 2021 0.11% 2022 0.24% 2023 1.10% 2024 1.71% 2025 1.66% Cost of Deposits Per Quarter 3/31/25 1.70% 6/30/25 1.73% 9/30/25 1.67% 12/31/25 1.56% 3/31/26 1.45%
Non-Interest Bearing Demand $1,927 million 28% Interest Bearing Demand, Savings & Money Market $3,769 million 54% Time Deposits < $100,000 $459 million 6% Time Deposits > $100,000 $826 million 12% Commercial $2,428 million 35% Public Fund $1,306 million 19% Retail $3,247 million 46% 11 Total Deposit Composition as of March 31, 2026 Total Deposits $6,981 million 24% of Total Deposits are Uninsured and Uncollateralized as of 3/31/2026. Average Deposit Account Size equals $30,793.
16.38% 19.51% 21.69% 16.73% 19.79% 17.08% Return on Average Tangible Equity 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 03/31/26 Total Shareholders' Equity 12 * *Reflects certain adjustments. Refer to "Use of Non-GAAP Financial Measures" for additional information, including a reconciliation to the comparable GAAP financial measure. $668 $558 $664 $715 $1,162 $1,175 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 03/31/26 (dollars in millions) *
Regulatory Capital Levels 13 15.27% 14.35% 13.83% 12.08% 0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00% 16.00% 18.00% 20.00% Total Capital (to Risk Weighted Assets) Tier 1 (Core) Capital (to Risk Weighted Assets) Common Tier 1 (CET 1) Capital Ratio (to Risk Weighted Assets) Tier 1 Capital (to Average Assets) 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 03/31/26
Net Interest Income 14 $160,830 $200,584 $190,433 $190,591 $294,132 $66,572 $78,851 3.31% 3.45% 3.58% 3.43% 4.02% 3.96% 4.26% 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 03/31/25 03/31/26 Net Interest Margin (Tax-Equivalent) (dollars in thousands)
Net Gains on Sales of Loans $1.5 million 9% Service Charges on Deposit Accounts $3.8 million 22% Wealth Management $4.5 million 26% Interchange Fee Income $4.8 million 28% Other Operating Income $2.6 million 15% Total Non-Interest Income $17.2million $59,462 $59,133 $60,261 $54,691 $66,620 $14,840 $17,226 27% 23% 24% 22% 19% 18% 18% 12/31/21 12/31/22 12/31/23 12/31/24* 12/31/25* 03/31/25 03/31/26 Non-Interest Income as % of Total Revenue (dollars in thousands) Non-Interest Income 15 As of March 31, 2026 *Reflects certain adjustments. Refer to "Use of Non-GAAP Financial Measures" for additional information, including a reconciliation to the comparable GAAP financial measure.
Non-Interest Expense 16 $124,007 $154,191 $144,497 $139,777 $194,953 $46,850 $52,368 54.4% 56.6% 55.1% 54.9% 50.5% 54.1% 51.2% 12/31/21 12/31/22* 12/31/23 12/31/24** 12/31/25** 03/31/25** 03/31/26 Efficiency Ratio *2022 was impacted by acquisition-related expenses for the CUB transaction that closed on January 1, 2022 of $12,323. (dollars in thousands) **Reflects certain adjustments. Refer to "Use of Non-GAAP Financial Measures" for additional information, including a reconciliation to the comparable GAAP financial measure.
Net Income & Earnings Per Share 17 $84,137 $81,825 $85,888 $83,839 $129,684 $27,287 $33,152 $3.17 $2.78 $2.91 $2.83 $3.52 $0.79 $0.88 12/31/21 12/31/22* 12/31/23 12/31/24** 12/31/25** 03/31/25** 03/31/26 Earnings Per Share *2022 was impacted by acquisition-related expenses and the Day 2 provision for credit losses under the CECL model for the CUB transaction that closed on January 1, 2022 of $18,623 ($14,097 or $0.48 per share on an after tax basis). (dollars in thousands, except per share amounts) **Reflects certain adjustments. Refer to "Use of Non-GAAP Financial Measures" for additional information, including a reconciliation to the comparable GAAP financial measure.
Why Invest in GABC? 18 $1.07 $1.27 $1.32 $1.43 $1.51 $1.57 $1.77 $1.99 $2.29 $2.34 $3.17 $2.78 $2.91 $2.83 $3.52 2011* 2012* 2013* 2014* 2015* 2016* 2017 2018 2019 2020 2021 2022** 2023 2024 2025*** As of 12/31 for years shown *Earnings Per Share adjusted for 3- for-2 s tock split completed in 2017. GABC Earnings Per Share Growth **2022 was impacted by acquisition-related expenses and the Day 2 provision for credi t losses under the CECL model for the CUB transaction that closed on January 1, 2022 of $18,623,000 ($14,097,000 or $0.48 per share on an after tax basis). ***Reflects certain adjustments. Refer to "Use of Non-GAAP Financial Measures" for additional information, including a reconciliation to a the comparable GAAP financial measure.
Why Invest in GABC? 19 $0.40 $0.43 $0.45 $0.48 $0.52 $0.60 $0.68 $0.76 $0.84 $0.92 $1.00 $1.08 $1.16 2013* 2014* 2015* 2016* 2017 2018 2019 2020 2021 2022 2023 2024 2025 *Dividends per share adjusted for 3-for-2 stock split completed in 2017. Cash Dividend Growth As of 12/31 for years shown
Why Invest in GABC? Stock Price History – Last 20 Years 20
Why Invest in GABC? 21 Diversified Footprint of Rural, Suburban, and Urban Markets Providing a Strong Deposit Franchise Base Along with Significant Organic Growth Opportunities Existing Platform for Continuous Improvement and Operating Efficiency Infrastructure in Place for Perpetuating Ongoing EPS Growth Consistent Strong Dividend Yield and Dividend Pay-out Capacity Long Term Focus and Investment in Digital Optimization and Delivery Proven Executive Management Team Track Record of Consistent Top Quartile Financial Performance Experienced in Operating Plan Execution and M & A Transitions
USE OF NON-GAAP FINANCIAL MEASURES The accounting and reporting policies of German American Bancorp, Inc. (the “Company”) conform to U.S. generally accepted accounting principles (“GAAP”) and general practices within the banking industry. As a supplement to GAAP, the Company has provided certain, non-GAAP financial measures, which it believes are useful because they assist investors in assessing the Company’s operating performance. Specifically, the Company has presented its net income, earnings per share, provision for credit losses, non-interest expense, non-interest income, efficiency ratio, return on average assets, return on average tangible equity, and net interest margin on an as adjusted basis for the periods set forth below to reflect the exclusion of the following items: (1) the Current Expected Credit Losses (“CECL”) “Day 2” provision expense for acquired loans that have only insignificant credit deterioration (i.e., non-PCD loans) related to the Heartland merger; (2) non-recurring expenses related to the Heartland merger; (3) the net gain on the extinguishment of debt resulting from the redemption of certain subordinated notes on September 15, 2025 and December 30, 2025; (4) the operating results for German American Insurance, Inc. (“GAI”), whose assets were sold effective June 1, 2024; (5) the gain on the sale of GAI assets; and (6) the loss related to the securities portfolio restructuring transaction that occurred in the second quarter of 2024. Management believes excluding such items from these financial measures may be useful in assessing the Company’s underlying operational performance since the applicable transactions do not pertain to its core business operations and exclusion may facilitate better comparability between periods. In addition, management believes that by excluding such items the measures are useful to the Company, as well as analysts and investors, in assessing operating performance. Management also believes excluding these items may enhance comparability for peer comparison purposes. Management believes that it is standard practice in the banking industry to present the efficiency ratio and net interest margin on a fully tax- equivalent basis and that, by doing so, it may enhance comparability for peer comparison purposes. The tax-equivalent adjustment to net interest income (for purposes of the efficiency ratio) and net interest margin recognizes the income tax savings when comparing taxable and tax-exempt assets. Interest income and yields on tax-exempt securities and loans are presented using the current federal income tax rate of 21%. Although intended to enhance investors’ understanding of the Company’s business and performance, these non-GAAP financial measures should not be considered an alternative to GAAP. 22
USE OF NON-GAAP FINANCIAL MEASURES 23 Non-GAAP Reconciliation – Return on Average Assets Year Ended Three Months Ended (Dollars in Thousands) 12/31/2024 12/31/2025 3/31/2025 3/31/2026 Net Income, as reported $ 83,811 $ 112,635 $ 10,517 $ 33,152 Adjustments: Plus: CECL Day 2 non-PCD provision - 12,150 12,150 - Plus: Non-recurring merger-related expenses 1,082 5,418 4,620 - Less: Net gain on debt extinguishment - 519 - - Less: Loss on securities restructuring (27,189) - - - Less: Income from GAI operations 767 - - - Less: Gain on sale of GAI assets 27,476 - - - Adjusted Net Income $ 83,839 $ 129,684 $ 27,287 $ 33,152 Average Assets $ 6,233,753 $ 8,237,194 $ 7,628,810 $ 8,380,732 Return on Average Assets, as reported 1.34% 1.37% 0.55% 1.58% Return on Average Assets, as adjusted 1.34% 1.57% 1.43% 1.58% Non-GAAP Reconciliation – Return on Tangible Equity Year Ended Three Months Ended (Dollars in Thousands) 12/31/2024 12/31/2025 3/31/2025 3/31/2026 Adjusted Net Income $ 83,839 $ 129,684 $ 27,287 $ 33,152 Average Equity, as reported $ 685,862 $ 1,050,990 $ 931,386 $ 1,184,292 Average Intangibles, as reported 184,664 395,603 338,573 407,940 Average Tangible Equity $ 501,198 $ 655,387 $ 592,813 $ 776,352 Return on Tangible Equity, as reported 16.72% 17.19% 7.10% 17.08% Return on Tangible Equity, as adjusted 16.73% 19.79% 18.41% 17.08%
USE OF NON-GAAP FINANCIAL MEASURES 24 Non-GAAP Reconciliation – Efficiency Ratio Year Ended Three Months Ended (Dollars in Thousands) 12/31/2024 12/31/2025 3/31/2025 3/31/2026 Non-Interest Expense $ 146,377 $ 201,949 $ 52,782 $ 52,368 Less: Non-recurring merger-related expenses 1,370 6,996 5,932 - Less: Expense from GAI operations 3,414 - - - Less: Expense from sale of GAI assets 1,816 - - - Adjusted Non-Interest Expense $ 139,777 $ 194,953 $ 46,850 $ 52,368 Less: Intangible Amortization 2,032 10,148 2,070 2,471 Adjusted Non-Interest Expense excluding Intangible Amortization $ 137,745 $ 184,805 $ 44,780 $ 49,897 Net Interest Income $ 190,591 $ 294,132 $ 66,572 $ 78,851 Add: FTE Adjustment 5,494 5,437 1,319 1,350 Net Interest Income (FTE) $ 196,085 $ 299,569 $ 67,891 $ 80,201 Non-Interest Income $ 62,660 $ 67,312 $ 14,840 $ 17,226 Less: Gain (Losses) on securities 105 - - - Less: Loss on securities restructuring (34,893) - - - Less: Net gain on debt extinguishment - 692 - - Less: Revenue from GAI operations 4,434 - - - Less: Gain on sale of GAI assets 38,323 - - - Adjusted Non-Interest Income $ 54,691 $ 66,620 $ 14,840 $ 17,226 Adjusted Total Revenue $ 250,776 $ 366,189 $ 82,731 $ 97,427 Efficiency Ratio 49.2% 52.3% 61.3% 51.2% Adjusted Efficiency Ratio 54.9% 50.5% 54.1% 51.2%
USE OF NON-GAAP FINANCIAL MEASURES 25 Non-GAAP Reconciliation – Net Interest Margin Year Ended Three Months Ended (Dollars in Thousands) 12/31/2024 12/31/2025 3/31/2025 3/31/2026 Net Interest Income (FTE) from above $ 196,085 $ 299,569 $ 67,891 $ 80,201 Less: Accretion of Discount on Acquired Loans 1,507 15,556 4,192 3,456 Adjusted Net Interest Income (FTE) $ 194,578 $ 284,013 $ 63,699 $ 76,745 Average Earning Assets $ 5,722,010 $ 7,453,650 $ 6,922,503 $ 7,596,813 Net Interest Margin (FTE) 3.43% 4.02% 3.96% 4.26% Adjusted Net Interest Margin (FTE) 3.40% 3.81% 3.72% 4.08% Non-GAAP Reconciliation – Net Income and Earnings Per Share Year Ended Three Months Ended (Dollars in Thousands, except per share amounts) 12/31/2024 12/31/2025 3/31/2025 3/31/2026 Adjusted Net Income $ 83,839 $ 129,684 $ 27,287 $ 33,152 Weighted Average Shares Outstanding 29,656,416 36,796,342 34,680,719 37,517,833 Earnings Per Share, as reported $ 2.83 $ 3.06 $ 0.30 $ 0.88 Earnings Per Share, as adjusted $ 2.83 $ 3.52 $ 0.79 $ 0.88
26
FAQ
What is German American Bancorp (GABC) presenting in its May 2026 investor roadshow?
German American Bancorp is sharing a first quarter 2026 investor presentation detailing its financial performance, including net income, earnings per share, asset and deposit levels, loan composition, capital ratios, and non-GAAP measures that remove merger, CECL Day 2, securities restructuring and insurance-sale related items.
How large is German American Bancorp (GABC) as of March 31, 2026?
As of March 31, 2026, German American Bancorp reports approximately $8.4 billion in total banking assets and $4.0 billion of investment and trust assets under management, operating 93 banking offices and employing about 1,050 team members across Indiana, Kentucky and Ohio in a diversified community banking footprint.
What were GABC’s key profitability metrics for Q1 2026?
For the quarter ended March 31, 2026, German American Bancorp reports adjusted net income of $33.15 million, adjusted earnings per share of $0.88, adjusted return on average assets of 1.58%, adjusted return on tangible equity of 17.08%, and an adjusted tax-equivalent net interest margin of 4.08% on average earning assets.
How is German American Bancorp’s loan portfolio structured as of March 31, 2026?
Total loans were $5.85 billion as of March 31, 2026, diversified across commercial real estate, commercial and industrial, construction, agricultural, residential mortgage, home equity and consumer segments, with commercial and agricultural categories representing a significant share of total loans according to the portfolio composition data presented.
What does the GABC presentation say about deposits and funding mix?
Total deposits were $6.98 billion as of March 31, 2026, with 82% in non-maturity accounts, a cost of deposits of 1.45% for the quarter, 24% of deposits uninsured and uncollateralized, and a customer mix spanning commercial, public fund and retail relationships across its community banking markets.
Which non-GAAP financial adjustments does GABC highlight in this presentation?
German American Bancorp adjusts net income, earnings per share, provision, non-interest income, non-interest expense, efficiency ratio, return on assets, return on tangible equity and net interest margin to exclude CECL Day 2 non-PCD provision, merger expenses, certain securities restructuring losses, insurance operations and sale impacts, and debt extinguishment gains.