GERMAN AMERICAN BANCORP, INC. (GABC) Form 8-K — Oct 26, 2026
German American Bancorp (GABC) reported record third-quarter 2026 earnings of $38.6 million, or $1.03 per share, up about 10% per share from $0.94 a year earlier and above its prior record of $1.02 in Q2 2026. The board also declared a regular cash dividend of $0.31 per share, payable November 20, 2026 to holders of record November 10, 2026. Profitability was driven by net interest margin expansion to 4.42% (core 4.26%), $57.0 million of linked-quarter loan growth (~4% annualized), and controlled costs, with an efficiency ratio of 49.05%. Credit remained exceptionally healthy, with annualized net charge-offs of just 0.04% and non-performing assets at 0.29% of total assets.
Key figures
- Eps
- 1.03
- Eps Beat
- 0
- Revenue
- 0
- Net Income
- 38637000
- Total Debt
- 268120000
- Total Assets
- 8411291000
- Cash Position
- 0
- Roatce
- 19.29%
- Tce ratio
- 9.39%
- Cet1 ratio
- 14.26%
- Total loans
- 5998429000
- Year ago eps
- 0.94
- Total deposits
- 6936507000
- Efficiency ratio
- 49.05%
- Prior quarter eps
- 1.02
- Dividend per share
- 0.31
- Shares outstanding
- 37579014
- Net interest margin
- 4.42%
- Dividend record date
- 2026-11-10
- Dividend payable date
- 2026-11-20
- Noninterest income q3
- 18699000
- Net interest income q3
- 83518000
- Noninterest expense q3
- 53108000
- Assets under management
- $4.4 billion
- Core net interest margin
- 4.26%
- Return on average assets
- 1.83%
- Loan growth linked quarter
- $57.0 million (4% annualized)
- Net charge offs annualized
- 0.04%
- Nonperforming assets ratio
- 0.29%
- Allowance for credit losses
- $79.3 million (1.32% of loans)
- Provision for credit losses
- 500000
- Tangible book value per share
- 20.01
- Noninterest bearing deposits pct
- 28%
AI analysis
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