Edition:
India

German American Bancorp Inc (GABC.OQ)

GABC.OQ on NASDAQ Stock Exchange Global Select Market

37.38USD
22 Jun 2018
Change (% chg)

$0.37 (+1.00%)
Prev Close
$37.01
Open
$37.16
Day's High
$37.44
Day's Low
$36.86
Volume
53,156
Avg. Vol
19,437
52-wk High
$38.85
52-wk Low
$30.72

Latest Key Developments (Source: Significant Developments)

German American Bancorp And First Security Announce Definitive Merger Agreement
Wednesday, 23 May 2018 

May 22 (Reuters) - German American Bancorp Inc ::GERMAN AMERICAN BANCORP, INC. AND FIRST SECURITY, INC. ANNOUNCE DEFINITIVE MERGER AGREEMENT.GERMAN AMERICAN BANCORP - FIRST SECURITY COMMON SHAREHOLDERS WILL RECEIVE A CASH PAYMENT OF $12.00 PER FIRST SECURITY SHARE.GERMAN AMERICAN BANCORP - AFTER DEAL COMPLETION, ANTICIPATED THAT A BOARD MEMBER OF FIRST SECURITY WILL BE JOINING BOARD OF GERMAN AMERICAN.GERMAN AMERICAN BANCORP - FIRST SECURITY SHAREHOLDERS TO GET FIXED EXCHANGE RATIO 0.7982 SHARES OF CO'S STOCK PER SHARE & CASH PAYMENT OF $12.00/SHARE.GERMAN AMERICAN - MICHAEL BECKWITH, PRESIDENT & CEO OF FIRST SECURITY, WILL ASSUME NEWLY ESTABLISHED ROLE OF KENTUCKY DIVISIONAL PRESIDENT.GERMAN AMERICAN BANCORP INC - TRANSACTION HAS A VALUE OF $40.00 PER FIRST SECURITY COMMON SHARE.GERMAN AMERICAN BANCORP INC - TRANSACTION HAS AN AGGREGATE INDICATED VALUE OF APPROXIMATELY $101.0 MILLION.GERMAN AMERICAN - EXPECTS TO ISSUE ABOUT 2.0 MILLION SHARES AND PAY ABOUT $31 MILLION CASH FOR ALL SHARES AND OPTIONS OF FIRST SECURITY.GERMAN AMERICAN BANCORP - EXPECT DEAL TO BE ACCRETIVE TO GERMAN AMERICAN'S EPS DURING 12 MONTHS FOLLOWING COMPLETION.  Full Article

German American Bancorp Reports Q1 EPS Of $0.51
Tuesday, 1 May 2018 

April 30 (Reuters) - German American Bancorp Inc ::GERMAN AMERICAN BANCORP, INC. (GABC) REPORTS RECORD QUARTERLY EARNINGS.Q1 EARNINGS PER SHARE $0.51.Q1 EARNINGS PER SHARE VIEW $0.48 -- THOMSON REUTERS I/B/E/S.DURING QUARTER ENDED MARCH 31, 2018, NET INTEREST INCOME TOTALED $25.6 MILLION, UP 1%, FROM QUARTER ENDED DEC. 31, 2017.  Full Article

German American Bancorp Inc Files For Potential Mixed Shelf Offering, Size Not Disclosed
Thursday, 29 Mar 2018 

March 28 (Reuters) - German American Bancorp Inc ::GERMAN AMERICAN BANCORP INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

German American Bancorp reports Q3 earnings per share $0.42
Tuesday, 31 Oct 2017 

Oct 30 (Reuters) - German American Bancorp Inc :German American Bancorp Inc (GABC) reports solid third quarter earnings, record year-to-date earnings and strong third quarter loan growth.Q3 earnings per share $0.42.Q3 earnings per share view $0.44 -- Thomson Reuters I/B/E/S.German American Bancorp Inc - qtrly ‍net interest income $24.9 million versus $24.6 million​.  Full Article

German American Bancorp reports Q2 earnings 64 cents/shr
Tuesday, 26 Jul 2016 

German American Bancorp Inc : German American Bancorp Inc reports record quarterly earnings . Q2 earnings per share $0.64 . Q2 earnings per share view $0.56 -- Thomson Reuters I/B/E/S . German American Bancorp Inc says company's allowance for loan losses totaled $15.3 million at June 30, 2016 compared to $15.2 million at March 31, 2016 .During quarter ended June 30, 2016, net interest income totaled $24.7 million representing increase of 32 percent.  Full Article

BRIEF-German American Bancorp And First Security Announce Definitive Merger Agreement

* GERMAN AMERICAN BANCORP, INC. AND FIRST SECURITY, INC. ANNOUNCE DEFINITIVE MERGER AGREEMENT