German American Bank Awarded Raymond James Community Bankers Cup for 2024 Performance
German American Bank has been awarded the prestigious Raymond James Community Bankers Cup for its performance in 2024. This is the second consecutive year the Bank has earned this recognition for being one of the best performing banks in the nation, demonstrating its commitment to building long-term shareholder value. Only 21 community banks in the United States received this award.
"It's an honor for our German American Bank team to receive this recognition from Raymond James," states Neil Dauby, Chairman and CEO. "Our employees, customers, and communities are the heart of our success. Our employees strive daily to run a high performing operation, which strengthens our ability to serve our valued customers. This financial strength also allows us to continually invest in the local communities we serve."
The 2024 Raymond James Community Bankers Cup recognizes the top 10% of community banks with assets between $500 million and $10 billion as of December 31, 2024. The award is based on various profitability, operational efficiency, and balance sheet metrics. The pool of banks considered include all exchange-traded domestic banks, excluding mutual holding companies. Of the 202 community banks considered for the 2024 Community Bankers Cup, the top 10% demonstrated superior performance on key financial performance and stability metrics.
About German American
German American Bancorp, Inc. (NASDAQ:GABC) is a $8.3 billion financial holding company. Through its banking subsidiary, German American Bank, it provides a wide range of banking and wealth management services to businesses and individuals in 94 offices across central and southern Indiana; northern, central and western Kentucky; and central and southwest Ohio. In the Columbus Ohio and Greater Cincinnati markets, the Company does business as Heartland Bank, a division of German American Bank. The Company also owns an investment brokerage subsidiary, German American Investment Services, Inc.
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Media Contact:
D. Neil Dauby
Chairman & Chief Executive Officer
812-482-1314