NASDAQ$GABC

German American Bancorp Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Achieved record annual earnings and announced share repurchase plan and dividend increase.

German American Bancorp, Inc. reported a net income of $15.8 million, or $0.59 per share, for Q4 2019, representing a 34% increase on a per share basis compared to Q4 2018. The company also announced a new share repurchase plan for up to one million GABC shares and a 12% increase in its quarterly cash dividend.

  • Net income for Q4 2019 increased by 34% on a per share basis compared to Q4 2018.
  • The company's Board approved a new share repurchase plan authorizing the repurchase of up to one million shares.
  • A 12% increase in the regular quarterly cash dividend was declared.
  • Total assets reached $4.397 billion at the end of 2019, marking a 12% increase compared to the previous year.

Headline financials

Total Revenue

$50.7M

Previous: $42.7M+18.7%
EPS (adj)

$0.59

Previous: $0.53+11.3%
Net Interest Margin

4.0%

No prior period
Efficiency Ratio

58.0%

No prior period
NPAs to Assets

0.3%

No prior period
NPLs to Loans

0.5%

No prior period
Capital Expenditures

$3.76M

Previous: $2.49M+50.6%
Free Cash Flow

$15.7M

Previous: $17.4M-9.7%
Net Income

$15.8M

Previous: $11M+44.1%
Operating Income

$19.3M

No prior period
Cash & Equivalents

$60M

Previous: $96.6M-37.9%
Total Assets

$4.4B

Previous: $3.93B+11.9%
Stock-Based Comp

$360K

Previous: $520K-30.8%

Revenue & EPS history

German American · Revenue · Quarterly

$50.7M

Q4 2019+18.7%vs Q4 2018
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

German American · $7.18M total across 5 segments · Q4 2019

  • Interchange Fees
    $2.49M
  • Deposit Service Charges
    $2.4M
  • Loan Gains
    $973K
  • Other Op Income
    $868K
  • COLI Income
    $453K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+0.2%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+1.8%

Avg return

30 days after

55%

36 / 66 earnings

Positive

+7.3%

Q2 2012

Best reaction

-8.1%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%-1.2%-1.2%
Q4 2025+3.6%+3.7%+5.0%
Q3 2025+1.9%+1.1%+1.4%
Q2 2025-1.7%+0.2%+2.2%
Q1 2025+2.1%+2.8%-1.1%
Q4 2024+4.4%+3.5%-0.9%
Q3 2024+2.8%+3.1%+15.4%
Q2 2024-2.4%-10.1%-4.4%
Q1 2024-1.6%-0.3%-2.9%
Q4 2023+3.9%-1.7%-4.8%
Q3 2023+0.9%+5.5%+7.9%
Q2 2023+1.9%+7.0%-2.4%
Q1 2023-8.1%-8.0%-10.4%
Q4 2022+3.7%+9.5%+5.0%
Q3 2022+0.8%+2.1%+1.9%
Q2 2022+7.0%+7.3%+6.7%
Q1 2022-3.6%-5.2%-0.1%
Q4 2021+1.8%+1.6%+1.1%
Q3 2021+0.5%-1.1%+8.1%
Q2 2021+4.0%+5.1%+4.4%
Q1 2021-1.2%-2.0%-8.1%
Q4 2020-0.8%-1.7%+16.3%
Q3 2020-4.7%-4.5%+7.5%
Q2 2020-1.7%-4.0%-2.8%
Q1 2020-2.3%-2.0%+16.9%
Q4 2019+0.8%-2.5%-7.6%
Q3 2019+0.5%+1.9%+3.0%
Q2 2019+2.3%+0.7%-1.2%
Q1 2019+1.2%+2.3%-2.9%
Q4 2018-3.7%-0.8%+2.4%
Q3 2018+3.7%+1.7%+2.7%
Q2 2018-1.2%-1.6%+1.4%
Q1 2018+0.5%+3.9%+5.9%
Q4 2017-1.4%+0.2%-5.1%
Q3 2017-7.1%-7.0%-1.1%
Q2 2017-1.2%-6.5%-8.8%
Q1 2017+6.3%+0.3%-5.5%
Q4 2016-1.2%+0.1%+0.5%
Q3 2016+1.7%+3.2%+22.3%
Q2 2016+1.3%+1.0%+5.4%
Q1 2016-5.5%
Q4 2015-1.8%
Q3 2015-3.5%
Q2 2015-2.1%
Q1 2015+2.9%
Q4 2014-0.2%
Q3 2014+5.5%
Q2 2014+0.1%
Q4 2013+6.5%
Q1 2014-1.0%
Q3 2013-0.3%
Q2 2013+1.3%
Q4 2012+1.3%
Q1 2013-3.5%
Q4 2010-3.6%
Q4 2011-3.6%
Q3 2012+2.9%
Q2 2012+7.3%
Q1 2011+0.1%
Q1 2012+2.9%
Q4 2009+6.2%
Q3 2011-4.2%
Q2 2011-6.8%
Q3 2010-3.4%
Q2 2010+0.5%
Q1 2010-0.2%

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