AI Earnings Predictions for German American Bancorp Inc. (GABC)

EX-99.1

2 exhibit991q32026final.htm

EX-99.1

exhibit991q32026final

October 26, 2026 German American Bancorp, Inc. (GABC) Announces Record Earnings for Third Quarter 2026 • Record quarterly earnings of $1.03 per share • Record quarterly return on average assets of 1.83% • Robust net interest margin of 4.42%; Core* of 4.26% • Linked quarter net interest income increase of $2.3 million, or approximately 3% • Solid loan growth at approximately 4% annualized linked quarter • Low efficiency ratio* of 49.05% • Healthy credit with annualized net charge-offs of 0.04% and non-performing assets of 0.29% of total assets • Strong level of non-interest bearing demand accounts representing 28% of total deposits • Strong Return on Average Tangible Common Equity* (“ROATCE”) of 19.29% Jasper, Indiana – October 26, 2026. German American Bancorp, Inc. (Nasdaq: GABC) (German American or the “Company”) announced record earnings for the three months ended September 30, 2026. The Company also announced that its Board of Directors declared a regular cash dividend of $0.31 per share, which will be payable on November 20, 2026 to shareholders of record as of November 10, 2026. For the three months ended September 30, 2026, the Company reported net income of $38.6 million, or $1.03 per share, which are the highest levels of reported net income and earnings per share in the Company’s history. This level of earnings reflects a linked quarter increase of $0.5 million, or approximately 1% on a per share basis, from second quarter 2026 record net income of $38.2 million, or $1.02 per share. Third quarter 2026 earnings reflect an increase of $3.6 million, or approximately 10% on a per share basis, from third quarter 2025 net income of $35.1 million, or $0.94 per share. As discussed in more detail below, the Company’s record financial performance was driven by continued strong net interest margin expansion, solid loan growth, and controlled operating expenses. As a result, profitability and capital levels remained strong as return on average assets for the third quarter of 2026 was 1.83%, ROATCE was 19.29%, and the tangible common equity ratio* (“TCE ratio”) was 9.39%. These compare to return on average assets of 1.80%, ROATCE of 19.43%, and TCE of 10.05% in the second quarter of 2026, and 1.68%, 21.14%, and 8.86%, respectively, in the third quarter of 2025. At the same time, the Company was able to improve already strong credit metrics throughout the quarter. Third Quarter 2026 highlights include: • Robust and expanding net interest margin of 4.42% ◦ 12 basis point (bp) expansion from second quarter 2026 driven by 13 bp earning asset yield increase as offset by a modest increase in funding costs of 1 bp ◦ Core net interest margin* of 4.26% expanded by 13 bps from second quarter 2026 • Loan production and net growth were solid during the third quarter with balances remaining diversified and stable during the quarter NEWS RELEASE For additional information, contact: D. Neil Dauby, Chairman and Chief Executive Officer Bradley M. Rust, President and Chief Financial Officer (812) 482-1314 1 of 21 ___________________________________________ * Represents a non-GAAP financial measure. Refer to “Use of Non-GAAP Financial Measures” contained in this release for additional information, including a reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures.

◦ End of period loans increased $57.0 million, or approximately 4% on an annualized basis, over second quarter 2026 ◦ Loan growth was driven by commercial real estate, as well as consumer and home equity lending; commercial and industrial and agricultural segments were down as a result of reduced operating line utilization • Total allowance for credit losses was $79.3 million, with total quarterly provision expense of $0.5 million, as credit metrics remained extremely healthy ◦ Ratio of allowance to total loans remained relatively stable at 1.32% ◦ Annualized net charge-offs declined slightly and remained minimal at 4 bps of average loans ◦ Non-performing assets at 0.29% of September 30, 2026 period end assets, reflecting a 3 bp improvement from June 30, 2026 of 0.32% • Deposits declined modestly during the quarter; however, non-interest bearing deposits remained at strong levels ◦ End of period deposits decreased modestly by $59.3 million or approximately 3% on an annualized linked quarter basis ◦ Non-interest bearing deposits remained at strong levels, representing 28% of total deposits overall • The Company continues to rebuild capital quickly through its robust earnings. Tangible capital ratios remained strong, although rising long-term interest rates at the end of third quarter 2026 (10-year Treasury reaching a 24-year high) negatively impacted the TCE ratio and

EX-99.1

2 exhibit991q22026earnings.htm

EX-99.1

exhibit991q22026earnings

NEWS RELEASE For additional information, contact: D. Neil Dauby, Chairman and Chief Executive Officer Bradley M. Rust, President and Chief Financial Officer (812) 482-1314 1 of 20 ___________________________________________ * Represents a non-GAAP financial measure. Refer to “Use of Non-GAAP Financial Measures” contained in this release for additional information, including a reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures. July 27, 2026 German American Bancorp, Inc. (GABC) Announces Record Earnings for Second Quarter 2026 • Record quarterly earnings of $1.02 per share • Record quarterly return on average assets of 1.80% • Robust net interest margin of 4.30%; Core adjusted* of 4.13% • Strong loan production at approximately 6% annualized linked quarter • Low efficiency ratio* of 47.38% • Healthy credit metrics with annualized net charge-offs of 0.05% and non-performing assets of 0.32% to total assets • Strong level of non-interest bearing demand accounts representing 28% of total deposits • Tangible common equity* ("TCE") ratio increased 42 basis points to 10.05%; Return on average TCE* ("ROATCE") of 19.43% • Continued build out of our wealth management, commercial and industrial lending, and treasury management talent throughout our major metro and MSA markets Jasper, Indiana – July 27, 2026. German American Bancorp, Inc. (Nasdaq: GABC) (German American or the “Company”) announced record earnings for the three months ended June 30, 2026. The Company also announced that its Board of Directors declared a regular quarterly cash dividend of $0.31 per share, which will be payable on August 20, 2026 to shareholders of record as of August 10, 2026. For the three months ended June 30, 2026, the Company reported net income of $38.2 million, or $1.02 per share, which are the highest level of reported net income and earnings per share in the Company's history. This level of earnings reflects a linked quarter increase of $5.0 million, or approximately 16% on a per share basis, from first quarter 2026 net income of $33.2 million or $0.88 per share. Second quarter 2026 earnings reflect an increase of $6.8 million, or approximately 21% on a per share basis, from the June 30, 2025 prior year same quarter net income of $31.4 million or $0.84 per share. As discussed in more detail below, the Company’s record financial performance was driven by continued net interest margin expansion, strong growth in loans and non-interest income, and controlled operating expenses. As a result, profitability remained strong as return on average assets for the second quarter of 2026 was 1.80% and ROATCE* was 19.43%. These compared to return on average assets of 1.58% and ROATCE* of 17.08% in the first quarter of 2026 and 1.49% and 19.87% in the second quarter of 2025. At the same time, the Company was able to maintain strong credit metrics throughout the quarter.

NEWS RELEASE For additional information, contact: D. Neil Dauby, Chairman and Chief Executive Officer Bradley M. Rust, President and Chief Financial Officer (812) 482-1314 2 of 20 Second Quarter 2026 highlights include: • Robust and expanding net interest margin of 4.30% ◦ 4 basis point (bp) expansion from first quarter 2026 driven by a 1 bp earning asset yield pickup and a 3 bps reduction in funding costs ◦ Core net interest margin of 4.13% expanded by 5 bps from first quarter 2026, with an added 1 bp differential in loan accretion • Loan growth was strong during the second quarter with balances remaining diversified and stable ◦ End of period loans increased $83 million, or approximately 6% on an annualized basis, over the first quarter of 2026 ◦ Loan growth was broad-based across all segments of commercial and included growth in home equity lines of credit, as well • Total allowance for credit losses was $79.4 million, with total quarterly provision expense of $1.5 million, as credit metrics remained very healthy ◦ Ratio of allowance to total loans remained stable at 1.34% ◦ Annualized net charge offs remained minimal at 5 bps of average loans ◦ Non-performing assets at 0.32% of June 30, 2026 period end assets, reflecting a 3 bps improvement from March 31, 2026 • Deposits increased modestly during the quarter ◦ End of period deposits increased modestly by $14.9 million or 0.9% on an annualized linked quarter basis ◦ Non-interest bearing deposits increased by $41 million or 8.5% on an annualized linked quarter basis and represented 28% of total deposits overall • Capital ratios remained strong ◦ Tangible common equity of 10.05% ◦ Tangible book value per share of $21.48, representing a $1.04 per share, or 5%, increase from March 31, 2026 tangible book value of $20.44 • Non-interest income increase

gabc-20260427

false000071439500007143952026-04-272026-04-27

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): April 27, 2026

GERMAN AMERICAN BANCORP, INC.

(Exact name of registrant as specified in its charter)

Indiana

(State or other jurisdiction of incorporation)

001-1587735-1547518

(Commission File Number)(IRS Employer Identification No.)

711 Main Street

Jasper,Indiana47546

(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:

[☐]     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[☐]     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[☐]     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[☐]     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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 classTrading Symbol(s)Name of each exchange on which registered

Common Stock, no par valueGABCNasdaq Global Select Market

Item 2.02. Results of Operations and Financial Condition.

On April 27, 2026, German American Bancorp, Inc. (the “Company”) issued a press release announcing its results for the quarter ended March 31, 2026, and making other disclosures. The press release (including the accompanying unaudited consolidated financial statements as of and for the quarter ended March 31, 2026, and other financial data) is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

The information in this Item 2.02, including the information incorporated herein from Exhibit 99.1, is furnished pursuant to Item 2.02 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 8.01. Other Events.

Cash Dividend. As announced in the press release furnished as Exhibit 99.1 to this report, the Company’s Board of Directors has declared a cash dividend of $0.31 per share which will be payable on May 20, 2026 to shareholders of record as of May 10, 2026.

Item 9.01. Financial Statements and Exhibits.

(d)Exhibits

Exhibit No.Description

99.1 Press release, dated April 27, 2026, issued by German American Bancorp, Inc.

104Cover 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.

Date: April 27, 2026 By: GERMAN AMERICAN BANCORP, INC.

/s/ D. Neil Dauby

D. Neil Dauby, Chairman and Chief Executive Officer