OverviewSuggest Edit

German American serves individuals, families and businesses with financial products and services in banking, insurance, and investments. The Company's segments are core banking, trust and investment advisory services, insurance, and other. The Core Banking segment involves attracting deposits from the general public and using such funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, primarily in its local markets. The Core Banking segment also involves the sale of residential mortgage loans in the secondary market. The Trust and Investment advisory services segment involves providing trust, investment advisory, and brokerage services to customers. The Insurance segment offers a range of personal and corporate property and casualty insurance products, in its banking subsidiary's local markets.

TypePublic
Founded1910
HQJasper, US
Websitegermanamerican.com
Overall CultureF

Latest Updates

Employees (est.) (Feb 2020)817(+11%)
Job Openings1
Revenue (FY, 2019)$202.3 M(+446%)
Share Price (Nov 2020)$32.1 (-2%)
Cybersecurity ratingAMore

Key People/Management at German American

Mark A. Schroeder

Mark A. Schroeder

Chairman & Chief Executive Officer
Todd Kanipe

Todd Kanipe

Regional President
Kelley Chandler

Kelley Chandler

Senior Vice President, Commercial Banking
Lindsay Botsch

Lindsay Botsch

Senior Vice President, Commercial Banking Team Lead
Clay W. Ewing

Clay W. Ewing

President
Amy Jackson

Amy Jackson

Regional President
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German American Office Locations

German American has an office in Jasper
Jasper, US (HQ)
711 Main St
Show all (1)

German American Financials and Metrics

German American Revenue

German American's revenue was reported to be $202.30 m in FY, 2019
USD

Revenue (Q3, 2020)

9.2m

Net income (Q3, 2020)

14.6m

Market capitalization (12-Nov-2020)

850.1m

Closing stock price (12-Nov-2020)

32.1

Cash (30-Sept-2020)

56.7m
German American's current market capitalization is $850.1 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

21.6m21.8m23.6m23.9m27.4m130.5m31.9m37.1m202.3m

Revenue growth, %

36%24%

Sales and marketing expense

1.5m1.7m1.9m2.0m3.7m2.7m3.5m3.5m4.2m

R&D expense

2.1m1.1m1.8m3.7m3.5m5.7m4.3m6.9m7.9m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

28.4m41.6m60.1m42.4m52.0m64.8m58.2m64.5m60.0m

Accounts Receivable

1.1b1.2b508.0m2.1b2.7b3.1b

Inventories

1.8m1.9m

PP&E

37.7m36.6m54.2m80.6m96.7m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

20.2m24.1m25.4m28.3m30.1m35.2m40.7m46.5m59.2m

Depreciation and Amortization

5.1m4.7m4.5m4.8m4.3m4.3m4.7m6.2m8.6m

Accounts Payable

31.8m(26.9m)(3.0m)

Cash From Operating Activities

26.6m42.0m41.6m(17.7m)9.6m41.9m54.9m62.3m65.2m
USDQ2, 2011

Debt/Equity

0.7 x

Debt/Assets

0.1 x

Financial Leverage

11.4 x
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German American Operating Metrics

German American's Total Loans was reported to be $2b in Q2, 2017.
Show all operating metrics

German American Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

German American Online and Social Media Presence

Embed Graph

German American Company Culture

  • Overall Culture

    F

    43/100

  • CEO Rating

    C

    70/100

  • Compensation

    F

    10/100

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German American News and Updates

German American Bank named as “Best Bank in Indiana”

JASPER, Ind., Oct. 27, 2020 (GLOBE NEWSWIRE) -- German American Bank was recently recognized as the Best Bank in Indiana by Newsweek in their inaugural “America’s Best Banks” ranking. This ranking recognizes financial institutions in a variety of categories that best serve their customers’ needs i…

German American Bancorp, Inc. (GABC) Reports Second Quarter 2020 Earnings

JASPER, Ind., July 27, 2020 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported quarterly earnings of $14.3 million, or $0.54 per share, for the quarter ending on June 30, 2020.  The second quarter 2020 performance compared to first quarter 2020 net income of $12.5 million, o…

German American Bancorp, Inc. (GABC) Announces Executive Management Succession Plan

JASPER, Ind., July 01, 2020 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (NASDAQ: GABC) has announced several pending changes to its executive management group as part of an ongoing management succession plan.  The Company’s Board of Directors, at its recent annual reorganization meeting, app…

German American Bancorp, Inc. (GABC) Posts 10th Consecutive Year of Record Annual Earnings, Announces Share Repurchase Plan, and Declares 12% Cash Dividend Increase

JASPER, Ind., Jan. 27, 2020 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported that, for the 10th consecutive year, the Company has achieved record annual earnings, posting net income of $59.2 million, or $2.29 per share, for the year ended on December 31, 2019.  This level …

German American Bancorp, Inc. (GABC) Reports Third Quarter Earnings

JASPER, Ind., Oct. 28, 2019 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (NASDAQ: GABC) reported quarterly earnings of $13.1 million, or $0.49 per share, in the third quarter of 2019.  This level of quarterly earnings performance was an increase of approximately $425,000, or 3% on a reported …

German American Announces Appointments to Its Board of Directors

JASPER, Ind., Oct. 04, 2019 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (NASDAQ:GABC) announced the appointment of Christine M.Ryan, Jack W. Sheidler and Tyson J. Wagler, CPA, to its Board of Directors.  They have also been appointed to the Asset Liability Finance Committee of the Board of D…
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German American Frequently Asked Questions

  • When was German American founded?

    German American was founded in 1910.

  • Who are German American key executives?

    German American's key executives are Mark A. Schroeder, Todd Kanipe and Kelley Chandler.

  • How many employees does German American have?

    German American has 817 employees.

  • What is German American revenue?

    Latest German American annual revenue is $202.3 m.

  • What is German American revenue per employee?

    Latest German American revenue per employee is $247.6 k.

  • Who are German American competitors?

    Competitors of German American include Vontobel Holding, Bank of Valletta and Macquarie.

  • Where is German American headquarters?

    German American headquarters is located at 711 Main St, Jasper.

  • Where are German American offices?

    German American has an office in Jasper.

  • How many offices does German American have?

    German American has 1 office.