Quarterly ResultAug 6, 2026, 03:39 PM
German American Q2 Net Income $38.17M, EPS $1.02
AI Summary
German American Bancorp reported a significant increase in net income and basic earnings per share for both the second quarter and the first six months of 2026 compared to the previous year. The company's total assets grew to $8.44 billion and total deposits reached $7.00 billion as of June 30, 2026. Net interest income also saw a healthy increase during the second quarter.
Key Highlights
- Q2 Net Income: $38.17 million, up from $31.36 million YoY.
- Q2 Basic EPS: $1.02, up from $0.84 YoY.
- Six-month Net Income: $71.32 million, up from $41.88 million YoY.
- Six-month Basic EPS: $1.90, up from $1.16 YoY.
- Total Assets: $8.44 billion as of June 30, 2026.
- Total Deposits: $7.00 billion as of June 30, 2026.
- Net Interest Income (Q2): $81.21 million, up from $73.16 million YoY.
- Provision for Credit Losses (Q2): $1.50 million, up from $1.20 million YoY.
Price Impact
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