• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by German American Bancorp Inc.

    2/13/24 5:06:16 PM ET
    $GABC
    Major Banks
    Finance
    Get the next $GABC alert in real time by email
    SC 13G 1 tv01012-germanamericanbancor.htm SCHEDULE 13G germanamericanbancorpinc

    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    Schedule 13G

    Under the Securities Exchange Act of 1934

    Name of issuer:  German American Bancorp Inc

    Title of Class of Securities:  Common Stock

    CUSIP Number:  373865104

    Date of Event Which Requires Filing of this Statement: December 29, 2023

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    ☒ Rule 13d-1(b)

    ☐ Rule 13d-1(c)

    ☐ Rule 13d-1(d)

    *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

    (Continued on the following page(s))

     

     

    13G

    CUSIP No.:  373865104

    1.  NAME OF REPORTING PERSON
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    The Vanguard Group - 23-1945930

    2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP

    A. 

    B.  X

    3.  SEC USE ONLY

    4.  CITIZENSHIP OF PLACE OF ORGANIZATION

    Pennsylvania

    (For questions 5-8, report the number of shares beneficially owned by each reporting person with:)

    5.  SOLE VOTING POWER

    0

    6.  SHARED VOTING POWER

    17,664

    7.  SOLE DISPOSITIVE POWER

    1,647,144

    8.  SHARED DISPOSITIVE POWER

    41,917

    9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    1,689,061

    10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

    N/A

    11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

    5.71%

    12.  TYPE OF REPORTING PERSON

    IA

     

     

    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    Schedule 13G
    Under the Securities Act of 1934

    Item 1(a) - Name of Issuer:

    German American Bancorp Inc

    Item 1(b) - Address of Issuer's Principal Executive Offices:

    711 Main Street
    Jasper, IN 47546-3042

    Item 2(a) - Name of Person Filing:

    The Vanguard Group - 23-1945930

    Item 2(b) – Address of Principal Business Office or, if none, residence:

    100 Vanguard Blvd.
    Malvern, PA 19355

    Item 2(c) – Citizenship:

    Pennsylvania

    Item 2(d) - Title of Class of Securities:

    Common Stock

    Item 2(e) - CUSIP Number

    373865104

    Item 3 - Type of Filing:

    This statement is being filed pursuant to Rule 13d-1.  An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

    Item 4 - Ownership:

      (a) Amount Beneficially Owned:

      (b) Percent of Class:

     

     

    (c)  Number of shares as to which such person has:

    (i)  sole power to vote or direct to vote:  

    (ii)  shared power to vote or direct to vote:  

    (iii)  sole power to dispose of or to direct the disposition of:  

    (iv)  shared power to dispose or to direct the disposition of:  

    Comments:

    The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.  

    Item 5 - Ownership of Five Percent or Less of a Class:

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐

    Item 6 - Ownership of More Than Five Percent on Behalf of Another Person:

    The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.

    No one other person's interest in the securities reported herein is more than 5%.

    Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company:

    Not applicable

    Item 8 - Identification and Classification of Members of Group:

    Not applicable

    Item 9 - Notice of Dissolution of Group:

    Not applicable

    Item 10 - Certification:

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

    Signature

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Date:  February 13, 2024

    By /s/ Ashley Grim
    Name: Ashley Grim
    Title:  Head of Global Fund Administration

    Get the next $GABC alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $GABC

    DatePrice TargetRatingAnalyst
    10/30/2024$41.00 → $48.00Market Perform → Outperform
    Hovde Group
    10/15/2024$45.00Overweight
    Stephens
    5/31/2024$33.00 → $34.00Market Perform
    Hovde Group
    1/5/2024$38.00Mkt Perform → Outperform
    Raymond James
    5/25/2023$31.00Neutral
    Piper Sandler
    More analyst ratings

    $GABC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • German American Bancorp, Inc. (GABC) Reports First Quarter 2025 Earnings; Closes on Heartland Merger

      German American Bancorp, Inc. (NASDAQ:GABC) reported first quarter earnings of $10.5 million, or $0.30 per share. The first quarter earnings included the results of Heartland BancCorp ("Heartland"), the parent company of Heartland Bank, which was acquired by German American on February 1, 2025. The first quarter of 2025 included one-time merger and acquisition costs of $5.9 million and "Day 2" provision under the current expected credit loss ("CECL") model for Heartland of $16.2 million (total impact of $16.8 million on an after-tax basis). As a result, quarterly earnings declined by approximately $12.7 million, or 62% on a per share basis, from 2024 fourth quarter earnings of $23.2 million

      4/28/25 4:30:00 PM ET
      $GABC
      Major Banks
      Finance
    • German American Bank Ranked Second in the Nation on Forbes America's Best Banks 2025 List

      German American Bank has been ranked second in the nation on the Forbes America's Best Banks 2025 list and is the highest ranked bank serving Indiana, Kentucky and Ohio. Each year, Forbes evaluates the 200 largest publicly traded banks and thrifts by asset size (German American Bank was 142nd in size) and then ranks the top 100 financial performers. "We are incredibly proud to be ranked the #2 bank in the country on this prestigious Forbes list," said Neil Dauby, Chairman and CEO of German American Bank. "This recognition is a testament to our entire German American team of professionals who are passionate, dedicated and work hard every day to support each other, our customers, our communi

      2/19/25 2:11:00 PM ET
      $GABC
      Major Banks
      Finance
    • German American Announces Completion of Merger With Heartland BancCorp and Heartland Bank

      German American Bancorp, Inc. (NASDAQ:GABC) announced today that it has completed its merger with Heartland BancCorp, the parent company of Heartland Bank, effective at 12:01 a.m. (Eastern time) on February 1, 2025. Immediately following completion of the holding company transaction, Heartland Bank merged with and into German American's banking subsidiary, German American Bank. Each Heartland shareholder of record at closing (other than the Heartland 401(k) Plan) is entitled to receive 3.90 shares of German American common stock (the "Exchange Ratio") for each of their shares of Heartland common stock, subject to their surrender of the old Heartland shares to the exchange agent designated

      2/3/25 8:52:00 AM ET
      $GABC
      Major Banks
      Finance

    $GABC
    SEC Filings

    See more
    • SEC Form 13F-HR filed by German American Bancorp Inc.

      13F-HR - GERMAN AMERICAN BANCORP, INC. (0000714395) (Filer)

      5/13/25 2:47:44 PM ET
      $GABC
      Major Banks
      Finance
    • SEC Form 10-Q filed by German American Bancorp Inc.

      10-Q - GERMAN AMERICAN BANCORP, INC. (0000714395) (Filer)

      5/12/25 4:49:47 PM ET
      $GABC
      Major Banks
      Finance
    • German American Bancorp Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - GERMAN AMERICAN BANCORP, INC. (0000714395) (Filer)

      4/29/25 12:09:52 PM ET
      $GABC
      Major Banks
      Finance

    $GABC
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Bawel Zachary W bought $850 worth of shares (21 units at $39.70), increasing direct ownership by 0.10% to 20,826 units (SEC Form 4)

      4 - GERMAN AMERICAN BANCORP, INC. (0000714395) (Issuer)

      5/16/25 10:28:20 AM ET
      $GABC
      Major Banks
      Finance
    • Director Ellspermann Susan J bought $850 worth of shares (21 units at $39.70), increasing direct ownership by 0.24% to 8,824 units (SEC Form 4)

      4 - GERMAN AMERICAN BANCORP, INC. (0000714395) (Issuer)

      5/16/25 10:27:20 AM ET
      $GABC
      Major Banks
      Finance
    • Director Sheidler Jack bought $1,800 worth of shares (45 units at $39.70), increasing direct ownership by 0.07% to 64,005 units (SEC Form 4)

      4 - GERMAN AMERICAN BANCORP, INC. (0000714395) (Issuer)

      5/16/25 10:25:11 AM ET
      $GABC
      Major Banks
      Finance

    $GABC
    Leadership Updates

    Live Leadership Updates

    See more
    • KBRA Comments on German American Bancorp, Inc.'s Proposed Acquisition of Heartland BancCorp

      Jasper, Indiana-based, German American BancCorp, Inc. (NASDAQ:GABC, or ", German American", ))) (KBRA senior unsecured debt rating: BBB+ / Stable Outlook) announced on July 29 that it had entered into a merger agreement to acquire Heartland BancCorp (OTCQX:HLAN, Heartland', ))), based in Whitehall, Ohio. The transaction, valued at $330.2 million (P/TBV: 2.02x), is an all-stock deal consideration and expected to close in 1Q25 pending regulatory approval. Upon completion of the transaction, Heartland's subsidiary bank, Heartland Bank, will be merged into German American's subsidiary bank, German American Bank, and operate under a co-branded name within the Ohio markets. G. Scott McComb, Chair

      7/31/24 2:18:00 PM ET
      $GABC
      Major Banks
      Finance
    • German American Bancorp, Inc. and Heartland BancCorp Announce Definitive Merger Agreement

      JASPER, Ind. and WHITEHALL, Ohio, July 29, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (NASDAQ:GABC) ("German American") and Heartland BancCorp (OTCQX:HLAN) ("Heartland") jointly announced today that they have entered into a definitive agreement to merge Heartland into German American. Upon completion of the transaction, Heartland's subsidiary bank, Heartland Bank, will be merged into German American's subsidiary bank, German American Bank, and operate under a co-branded name within the Ohio markets. Under the terms of the definitive agreement, Heartland shareholders, other than the Heartland retirement plan, will receive 3.90 shares of German American common stock for each s

      7/29/24 4:45:00 PM ET
      $GABC
      Major Banks
      Finance
    • German American Bancorp, Inc. (GABC) Appoints Angela Curry to Corporate Board of Directors

      JASPER, Ind., Dec. 19, 2022 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (NASDAQ:GABC) announced today the appointment of Angela Curry, General Counsel and Vice President for Legal Affairs at the University of Louisville, to its corporate board of directors effective as of January 1, 2023. As General Counsel, Curry serves as the University's chief legal officer. She directs and manages the provision of all legal services to the University of Louisville while supporting and advancing the overall mission and Cardinal Principles. In addition to her role as General Counsel and Vice President for Legal Affairs, in 2021 Curry was also appointed to serve as Interim Chief of Staff for Univer

      12/19/22 4:00:00 PM ET
      $GABC
      Major Banks
      Finance

    $GABC
    Financials

    Live finance-specific insights

    See more
    • German American Bancorp, Inc. (GABC) Reports First Quarter 2025 Earnings; Closes on Heartland Merger

      German American Bancorp, Inc. (NASDAQ:GABC) reported first quarter earnings of $10.5 million, or $0.30 per share. The first quarter earnings included the results of Heartland BancCorp ("Heartland"), the parent company of Heartland Bank, which was acquired by German American on February 1, 2025. The first quarter of 2025 included one-time merger and acquisition costs of $5.9 million and "Day 2" provision under the current expected credit loss ("CECL") model for Heartland of $16.2 million (total impact of $16.8 million on an after-tax basis). As a result, quarterly earnings declined by approximately $12.7 million, or 62% on a per share basis, from 2024 fourth quarter earnings of $23.2 million

      4/28/25 4:30:00 PM ET
      $GABC
      Major Banks
      Finance
    • German American Announces Completion of Merger With Heartland BancCorp and Heartland Bank

      German American Bancorp, Inc. (NASDAQ:GABC) announced today that it has completed its merger with Heartland BancCorp, the parent company of Heartland Bank, effective at 12:01 a.m. (Eastern time) on February 1, 2025. Immediately following completion of the holding company transaction, Heartland Bank merged with and into German American's banking subsidiary, German American Bank. Each Heartland shareholder of record at closing (other than the Heartland 401(k) Plan) is entitled to receive 3.90 shares of German American common stock (the "Exchange Ratio") for each of their shares of Heartland common stock, subject to their surrender of the old Heartland shares to the exchange agent designated

      2/3/25 8:52:00 AM ET
      $GABC
      Major Banks
      Finance
    • German American Bancorp, Inc. (GABC) Posts Strong 4th Quarter and Annual 2024 Earnings; Declares 7.4% Cash Dividend Increase

      German American Bancorp, Inc. (NASDAQ:GABC) reported strong fourth quarter 2024 earnings of $23.2 million, or $0.78 per share, reflecting a linked quarter increase of $2.2 million, or approximately 10% on a per share basis, from 2024 third quarter earnings of $21.0 million, or $0.71 per share. The Company also reported strong annual earnings of $83.8 million, or $2.83 per share, for the year ended December 31, 2024. This level of reported annual earnings resulted in a 12.2% return on average shareholders' equity, marking the 20th consecutive fiscal year in which the Company has delivered a double-digit return on shareholders' equity. The Company also announced a 7.4% increase to its quarter

      1/27/25 5:10:00 PM ET
      $GABC
      Major Banks
      Finance

    $GABC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Kelly Jason M sold $99,454 worth of shares (2,515 units at $39.55), decreasing direct ownership by 18% to 11,673 units (SEC Form 4)

      4 - GERMAN AMERICAN BANCORP, INC. (0000714395) (Issuer)

      5/21/25 1:29:27 PM ET
      $GABC
      Major Banks
      Finance
    • Director Bawel Zachary W bought $850 worth of shares (21 units at $39.70), increasing direct ownership by 0.10% to 20,826 units (SEC Form 4)

      4 - GERMAN AMERICAN BANCORP, INC. (0000714395) (Issuer)

      5/16/25 10:28:20 AM ET
      $GABC
      Major Banks
      Finance
    • Director Ellspermann Susan J bought $850 worth of shares (21 units at $39.70), increasing direct ownership by 0.24% to 8,824 units (SEC Form 4)

      4 - GERMAN AMERICAN BANCORP, INC. (0000714395) (Issuer)

      5/16/25 10:27:20 AM ET
      $GABC
      Major Banks
      Finance

    $GABC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • German American Bancorp upgraded by Hovde Group with a new price target

      Hovde Group upgraded German American Bancorp from Market Perform to Outperform and set a new price target of $48.00 from $41.00 previously

      10/30/24 6:35:47 AM ET
      $GABC
      Major Banks
      Finance
    • Stephens initiated coverage on German American Bancorp with a new price target

      Stephens initiated coverage of German American Bancorp with a rating of Overweight and set a new price target of $45.00

      10/15/24 7:40:52 AM ET
      $GABC
      Major Banks
      Finance
    • Hovde Group reiterated coverage on German American Bancorp with a new price target

      Hovde Group reiterated coverage of German American Bancorp with a rating of Market Perform and set a new price target of $34.00 from $33.00 previously

      5/31/24 8:02:54 AM ET
      $GABC
      Major Banks
      Finance

    $GABC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by German American Bancorp Inc.

      SC 13G - GERMAN AMERICAN BANCORP, INC. (0000714395) (Subject)

      2/13/24 5:06:16 PM ET
      $GABC
      Major Banks
      Finance
    • SEC Form SC 13G/A filed by German American Bancorp Inc. (Amendment)

      SC 13G/A - GERMAN AMERICAN BANCORP, INC. (0000714395) (Subject)

      2/13/24 3:27:22 PM ET
      $GABC
      Major Banks
      Finance
    • SEC Form SC 13G/A filed by German American Bancorp Inc. (Amendment)

      SC 13G/A - GERMAN AMERICAN BANCORP, INC. (0000714395) (Subject)

      2/13/23 1:34:51 PM ET
      $GABC
      Major Banks
      Finance