German American Bancorp

Shareholders of German American Bancorp elected Angela Curry, M. Darren Root, Andrew M. Seger and Tyson J. Wagler to the board through the 2029 annual meeting and voted in favor of the advisory approval of executive compensation. Crowe LLP was confirmed as the independent auditor for 2026. Shareholders also approved an amendment to the certificate of incorporation to increase the authorized common shares from 45,000,000 to 90,000,000. In other developments, Piper Sandler upgraded the stock to Overweight and Neil Dauby was elected to the board of the Federal Reserve Bank of St. Louis. » Więcej na de.investing.com

Neil Dauby, chairman and CEO of German American Bank, was elected to the board of the Federal Reserve Bank of St. Louis and will participate in the national monetary policy decision-making process. The St. Louis Fed also oversees the bank’s district. Parent company German American Bancorp (NASDAQ:GABC) has a market capitalization of $1.65 billion, a dividend yield of 2.79% and a stock performance of +33% over the past year; the group operates 94 branches in Indiana, Kentucky and Ohio. » Więcej na de.investing.com

German American Bancorp will fully repay all outstanding 4.50% fixed-to-floating-rate subordinated notes (maturing 2029) with an aggregate principal amount of $40 million on December 30, 2025. The redemption price is 100% of par plus accrued interest up to (but excluding) the redemption date. The regional bank (market capitalization $1.44 billion) has a P/E ratio of 13.3 and a leverage ratio of 0.2; next earnings are due February 2, 2026, and four analysts have already raised their earnings estimates. » Więcej na de.investing.com