German American BancorpGABC
GABC
About: German American Bancorp Inc is a bank holding company. The Company's lines of business include Retail and commercial banking business which involves attracting deposits from the general public and using those funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans. These core banking activities also include the sale of residential mortgage loans in the secondary market. Wealth management services which involve providing trust, investment advisory, brokerage and retirement planning services to customers. Insurance operations include the offering of a full range of personal and corporate property and casualty insurance products.
Employees: 840
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
450% more call options, than puts
Call options by funds: $275K | Put options by funds: $50K
214% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 7
16% more capital invested
Capital invested by funds: $531M [Q2] → $615M (+$83.5M) [Q3]
13% more funds holding
Funds holding: 120 [Q2] → 135 (+15) [Q3]
2.59% more ownership
Funds ownership: 50.75% [Q2] → 53.34% (+2.59%) [Q3]
8% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$45
9%
upside
Avg. target
$46
10%
upside
High target
$46
12%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Keefe, Bruyette & Woods Damon Delmonte 43% 1-year accuracy 9 / 21 met price target | 12%upside $46 | Market Perform Maintained | 4 Dec 2024 |
Stephens & Co. Brandon Rud 100% 1-year accuracy 1 / 1 met price target | 9%upside $45 | Overweight Initiated | 15 Oct 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
1 month ago
STOCKHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of German American Bancorp, Inc. – GABC
NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating German American Bancorp, Inc. (Nasdaq: GABC ), relating to a proposed merger with Heartland BancCorp. Under the terms of the agreement, Heartland shareholders, other than the Heartland retirement plan, will receive 3.90 shares of German American common stock for each share of Heartland common stock in an all-stock exchange.
Neutral
Seeking Alpha
1 month ago
German American Bancorp: Not Much Upside Ahead
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.
Positive
Zacks Investment Research
1 month ago
Here's What Key Metrics Tell Us About German American Bancorp (GABC) Q3 Earnings
The headline numbers for German American Bancorp (GABC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
German American Bancorp (GABC) Q3 Earnings Surpass Estimates
German American Bancorp (GABC) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.73 per share a year ago.
Neutral
Business Wire
1 month ago
German American Bancorp, Inc. (GABC) Reports Solid Third Quarter 2024 Earnings
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 highlighted by an expanding net interest margin, stable loan growth, continued strong credit metrics an.
Neutral
Business Wire
2 months ago
GERMAN AMERICAN BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of German American Bancorp, Inc. - GABC
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 its common stock, based on the number of Heartland common shares expected to be outstanding at closi.
Neutral
Business Wire
3 months ago
GABC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of German American Bancorp, Inc. Is Fair to Shareholders
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 connection with the proposed transaction. Halper Sadeh encourages German American shareholders to click he.
Positive
Zacks Investment Research
4 months ago
5 Reasons to Add German American (GABC) Stock to Your Portfolio
German American (GABC) stock looks like an attractive investment option now, supported by strength in its fundamentals and decent growth prospects.
Positive
Zacks Investment Research
4 months ago
Here's Why German American Bancorp (GABC) Could be Great Choice for a Bottom Fisher
German American Bancorp (GABC) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Positive
Zacks Investment Research
4 months ago
Are You Looking for a Top Momentum Pick? Why German American Bancorp (GABC) is a Great Choice
Does German American Bancorp (GABC) have what it takes to be a top stock pick for momentum investors? Let's find out.
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