GABC Stock Analysis: German American Bancorp | NASDAQ

Banks - Regional | NASDAQ, USA | Market Cap: 1.846m USD | 12M Return: 27.2% | US3738651047 | Charts, Fundamentals & Technical Analysis

Banking Services, Wealth Management, Loans, Deposits
Total Rating 54
Safety 69
Buy Signal -0.05
Banks - Regional
Industry Rotation: +6.1
Market Cap: 1.85B
Avg Turnover: 6.07M
Risk 3d forecast
Volatility25.6%
VaR 5th Pctl4.05%
VaR vs Median-4.07%
Reward TTM
Sharpe Ratio1.03
Rel. Str. IBD73.3
Rel. Str. Peer Group67.8
Character TTM
Beta0.338
Beta Downside0.199
Hurst Exponent0.465
Drawdowns 3y
Max DD25.32%
CAGR/Max DD1.04
CAGR/Mean DD3.50
EPS (Earnings per Share) EPS (Earnings per Share) of GABC over the last years for every Quarter: "2021-09": 0.81, "2021-12": 0.73, "2022-03": 0.31, "2022-06": 0.82, "2022-09": 0.83, "2022-12": 0.83, "2023-03": 0.71, "2023-06": 0.75, "2023-09": 0.73, "2023-12": 0.73, "2024-03": 0.64, "2024-06": 0.69, "2024-09": 0.71, "2024-12": 0.78, "2025-03": 0.3, "2025-06": 0.86, "2025-09": 0.92, "2025-12": 0.95, "2026-03": 0.88, "2026-06": 1.02,
EPS CAGR: 6.71%
EPS Trend: 49.3%
Last SUE: 0.69
Qual. Beats: 0
Revenue Revenue of GABC over the last years for every Quarter: 2021-09: 59.131, 2021-12: 57.952, 2022-03: 65.463, 2022-06: 67.446, 2022-09: 70.621, 2022-12: 74.529, 2023-03: 75.456, 2023-06: 78.41, 2023-09: 80.446, 2023-12: 82.605, 2024-03: 84.08, 2024-06: 52.177, 2024-09: 88.454, 2024-12: 90.669, 2025-03: 111.056, 2025-06: 123.168, 2025-09: 126.526, 2025-12: 126.651, 2026-03: 122.934, 2026-06: 126.928,
Rev. CAGR: 23.87%
Rev. Trend: 91.0%
Last SUE: 0.71
Qual. Beats: 0

Warnings

Below Avwap Earnings

Tailwinds

Confidence

Seasonality 11.7 years of data

Jan +0.9% 23
Feb -1.3% 20
Mar -0.5% 7
Apr -0.5% 10
May -0.1% 7
Jun -0.6% 17
Jul +4.0% 33
Aug -0.6% 5
Sep -4.7% 24
Oct +0.3% 2
Nov +3.2% 42
Dec -1.2% 16

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: GABC German American Bancorp

German American Bancorp, Inc. (NASDAQ: GABC) is a financial holding company headquartered in Jasper, Indiana, that operates its banking subsidiary, German American Bank. Founded in 1910, the company conducts business through two segments: Core Banking, which handles deposit gathering and a range of lending activities including consumer, commercial, agricultural, real estate, and residential mortgage loans; and Wealth Management, which delivers trust, investment advisory, brokerage, and retirement planning services.

As a regional bank, GABC concentrates its operations within a defined Midwestern footprint, serving both retail and commercial customers. Its mix of traditional lending and fee-based wealth management services provides diversified revenue streams typical of community-oriented banking institutions.

Headlines to Watch Out For
  • Net interest margin expansion as Fed holds rates steady
  • Agricultural loan demand grows across Indiana farm belt
  • Wealth Management fees rise on equity market gains
Piotroski VR-10 (Strict) 4.5
Net Income: 142.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.79 > 1.0
NWC/Revenue: 12.34% < 20% (prev -1.39k%; Δ 1.41k% < -1%)
CFO/TA 0.02 > 3% & CFO 189.6m > Net Income 142.1m
Net Debt (82.1m) to EBITDA (197.2m): 0.42 < 3
Current Ratio: 2.93 > 1.5 & < 3
Outstanding Shares: last quarter (37.6m) vs 12m ago 4.09% < -2%
Gross Margin: 75.49% > 18% (prev 68.00%; Δ 7.49% > 0.5%)
Asset Turnover: 6.02% > 50% (prev 4.99%; Δ 1.03% > 0%)
Interest Coverage Ratio: 1.52 > 6 (EBIT TTM 177.3m / Interest Expense TTM 116.9m)
Altman Z'' 0.61
A: 0.01 (Total Current Assets 94.2m - Total Current Liabilities 32.1m) / Total Assets 8.44b
B: 0.07 (Retained Earnings 631.1m / Total Assets 8.44b)
C: 0.02 (EBIT TTM 177.3m / Avg Total Assets 8.36b)
D: 0.17 (Book Value of Equity 1.21b / Total Liabilities 7.23b)
Altman-Z'' = 0.61 = B
What is the price of GABC shares?

As of September 27, 2026, the stock is trading at USD 49.50 with a total of 160,641 shares traded. Over the past week, the price has changed by +0.75%, over one month by -0.26%, over three months by +6.40% and over the past year by +27.18%.

Current recommended Stop Loss: 48.00 (which is 3% or 1.7 ATR below the current price).

Is GABC a buy, sell or hold?

German American Bancorp has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy GABC.

  • StrongBuy: 2
  • Buy: 1
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the GABC price?
Analysts Target Price 56.2 13.5%
German American Bancorp (GABC) - Fundamental Data Overview as of 20 September 2026
Market Cap USD = 1.85b (1.85b USD * 1.0 USD.USD)
P/E Trailing = 12.9289
P/E Forward = 12.837
P/S = 4.8617
P/B = 1.5257
P/EG = 1.4557
Revenue TTM = 503.0m USD
EBIT TTM = 177.3m USD
EBITDA TTM = 197.2m USD
Long Term Debt = 138.9m USD (from longTermDebt, last quarter)
Short Term Debt = 32.1m USD (from shortTermDebt, last quarter)
Debt = 176.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 2.14m
Net Debt = 82.1m USD (calculated: Debt 176.3m - CCE 94.2m)
Enterprise Value = 1.93b USD (1.85b + Debt 176.3m - CCE 94.2m)
Interest Coverage Ratio = 1.52 (Ebit TTM 177.3m / Interest Expense TTM 116.9m)
EV/FCF = 10.57x (Enterprise Value 1.93b / FCF TTM 182.4m)
FCF Yield = 9.46% (FCF TTM 182.4m / Enterprise Value 1.93b)
FCF Margin = 36.26% (FCF TTM 182.4m / Revenue TTM 503.0m)
Net Margin = 28.24% (Net Income TTM 142.1m / Revenue TTM 503.0m)
Gross Margin = 75.49% ((Revenue TTM 503.0m - Cost of Revenue TTM 123.3m) / Revenue TTM)
Gross Margin QoQ = 77.57% (prev 76.53%)
Tobins Q-Ratio = 0.23 (Enterprise Value 1.93b / Total Assets 8.44b)
 Interest Expense / Debt = 66.30% (Interest Expense 116.9m / Debt 176.3m)
 Taxrate = 19.89% (35.3m / 177.3m)
NOPAT = 142.1m (EBIT 177.3m * (1 - 19.89%))
Current Ratio = 2.93 (Total Current Assets 94.2m / Total Current Liabilities 32.1m)
Debt / Equity = 0.15 (Debt 176.3m / totalStockholderEquity, last quarter 1.21b)
Debt / EBITDA = 0.42 (Net Debt 82.1m / EBITDA 197.2m)
Debt / FCF = 0.45 (Net Debt 82.1m / FCF TTM 182.4m)
Total Stockholder Equity = 1.17b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.70% (Net Income 142.1m / Total Assets 8.44b)
RoE = 12.17% (Net Income TTM 142.1m / Total Stockholder Equity 1.17b)
RoCE = 13.58% (EBIT 177.3m / Capital Employed (Equity 1.17b + L.T.Debt 138.9m))
RoIC = 1.69% (NOPAT 142.1m / Invested Capital 8.41b)
WACC = 6.55% (E(1.85b)/V(2.02b) * Re(7.17%) + (debt cost/tax rate unavailable))
Discount Rate = 7.17% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 92.84 | Cagr: 11.17%
[DCF] Terminal Value 77.97% ; FCFF base≈155.0m ; Y1≈177.7m ; Y5≈261.5m
[DCF] Fair Price = 102.5 (EV 3.94b - Net Debt 82.1m = Equity 3.85b / Shares 37.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 49.26 | EPS CAGR: 6.71% | SUE: 0.69 | # QB: 0
Revenue Correlation: 90.96 | Revenue CAGR: 23.87% | SUE: 0.71 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.01 | Chg30d=+4.16% | Revisions=+38% | Analysts=6
EPS current Year (2026-12-31): EPS=3.92 | Chg30d=+4.36% | Revisions=+62% | GrowthEPS=+11.4% | GrowthRev=+10.5%
EPS next Year (2027-12-31): EPS=4.12 | Chg30d=+3.24% | Revisions=+62% | GrowthEPS=+4.9% | GrowthRev=+4.4%
[Analyst] Revisions Ratio: +72% (up=14, down=1)