German American Bancorp, Inc.

NasdaqGS:GABC Stock Report

Market Cap: US$1.9b

German American Bancorp Management

Management criteria checks 3/4

German American Bancorp's CEO is D. Dauby, appointed in Jan 2021, has a tenure of 5.67 years. total yearly compensation is $2.07M, comprised of 37.2% salary and 62.8% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth $3.56M. The average tenure of the management team and the board of directors is 5.7 years and 15.7 years respectively.

Key information

D. Dauby

Chief executive officer

US$2.1m

Total compensation

CEO salary percentage37.22%
CEO tenure5.7yrs
CEO ownership0.2%
Management average tenure5.7yrs
Board average tenure15.7yrs

Recent management updates

Recent updates

Seeking Alpha • Aug 25

German American Bancorp: Strong Earnings But Fully Valued

Summary German American Bancorp is rated HOLD due to a high 2.3x P/TBV valuation and limited capital returns. 2Q26 earnings beat expectations, with net interest margin at 4.30% and record 1.8% ROAA, but most positives are priced in after a 25% YTD rally. The Heartland Bancorp acquisition expands GABC into high-growth Columbus and Cincinnati, offering future earnings potential. Dividend yield is in line with peers at 2.5%, but share buybacks are minimal, limiting near-term capital return upside. Read the full article on Seeking Alpha
Analysis Article • Jan 30

German American Bancorp (NASDAQ:GABC) Has Announced That It Will Be Increasing Its Dividend To $0.31

German American Bancorp, Inc.'s ( NASDAQ:GABC ) dividend will be increasing from last year's payment of the same period...
Analysis Article • Jul 31

German American Bancorp, Inc. Just Recorded A 14% EPS Beat: Here's What Analysts Are Forecasting Next

German American Bancorp, Inc. ( NASDAQ:GABC ) shareholders are probably feeling a little disappointed, since its shares...
Analysis Article • Jan 31

German American Bancorp's (NASDAQ:GABC) Upcoming Dividend Will Be Larger Than Last Year's

German American Bancorp, Inc. ( NASDAQ:GABC ) has announced that it will be increasing its dividend from last year's...
Seeking Alpha • Nov 06

German American Bancorp: Not Much Upside Ahead

Summary German American Bancorp, Inc.'s upside potential is limited due to expected lower interest rates impacting net interest income. The bank's loan book is heavily exposed to commercial real estate and agricultural loans, with moderate interest rate sensitivity. Despite good credit quality and profitability, rising deposit costs and weak non-interest income growth have pressured revenues. The bank is well-capitalized with a conservative dividend payout, but its current valuation suggests limited upside for long-term investors. Read the full article on Seeking Alpha
Analysis Article • Oct 31

The German American Bancorp, Inc. (NASDAQ:GABC) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

It's been a good week for German American Bancorp, Inc. ( NASDAQ:GABC ) shareholders, because the company has just...
Analysis Article • Apr 28

German American Bancorp (NASDAQ:GABC) Is Paying Out A Larger Dividend Than Last Year

German American Bancorp, Inc.'s ( NASDAQ:GABC ) dividend will be increasing from last year's payment of the same period...

CEO Compensation Analysis

How has D. Dauby's remuneration changed compared to German American Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

US$142m

Mar 31 2026n/an/a

US$135m

Dec 31 2025US$2mUS$770k

US$113m

Sep 30 2025n/an/a

US$100m

Jun 30 2025n/an/a

US$86m

Mar 31 2025n/an/a

US$75m

Dec 31 2024US$2mUS$720k

US$84m

Sep 30 2024n/an/a

US$82m

Jun 30 2024n/an/a

US$83m

Mar 31 2024n/an/a

US$84m

Dec 31 2023US$1mUS$625k

US$86m

Sep 30 2023n/an/a

US$89m

Jun 30 2023n/an/a

US$92m

Mar 31 2023n/an/a

US$94m

Dec 31 2022US$1mUS$580k

US$82m

Sep 30 2022n/an/a

US$77m

Jun 30 2022n/an/a

US$74m

Mar 31 2022n/an/a

US$74m

Dec 31 2021US$972kUS$425k

US$84m

Sep 30 2021n/an/a

US$86m

Jun 30 2021n/an/a

US$79m

Mar 31 2021n/an/a

US$69m

Dec 31 2020US$613kUS$310k

US$62m

Sep 30 2020n/an/a

US$57m

Jun 30 2020n/an/a

US$56m

Mar 31 2020n/an/a

US$57m

Dec 31 2019US$422kUS$235k

US$59m

Compensation vs Market: D.'s total compensation ($USD2.07M) is below average for companies of similar size in the US market ($USD5.19M).

Compensation vs Earnings: D.'s compensation has increased by more than 20% in the past year.

CEO

D. Dauby (62 yo)

5.7yrs
Tenure
US$2,068,536
Compensation

Mr. D. Neil Dauby, C.P.A., serves as Director of Federal Reserve Bank Of St. Louis from 2026. Mr. Dauby has been Chief Executive Officer of German American Bancorp, Inc. since January 1, 2022 and also serv...

Leadership Team

NamePositionTenureCompensationOwnership
D. Dauby
CEO & Chairman5.7yrsUS$2.07m0.19%
$ 3.6m
Bradley Rust
President21.4yrsUS$1.27m0.22%
$ 4.2m
Amy Jackson
Executive VP & Chief Administrative Officerno dataUS$837.47k0.047%
$ 886.9k
Bradley Arnett
Executive VP3yrsUS$696.29k0.028%
$ 525.9k
Michael Beckwith
Executive VP & Chief Banking Officer7.9yrsUS$898.07k0.10%
$ 1.9m
Vicki Schuler
Senior VP5.7yrsno data0.036%
$ 679.8k
Terri Eckerle
Vice Presidentno datano datano data
Jane Balsmeyer
Senior Vice President of Marketingno datano datano data
Brock Goggins
Senior Vice President of Retail Banking9.1yrsno datano data
C. Brown
Senior Regional President5.7yrsno datano data
John Lamb
Senior Regional President5.7yrsno datano data
Sarah Howard
Senior Vice President of Financeno datano datano data
5.7yrs
Average Tenure
55yo
Average Age

Experienced Management: GABC's management team is seasoned and experienced (5.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
D. Dauby
CEO & Chairman5.2yrsUS$2.07m0.19%
$ 3.6m
Michael Hinton
Member of Advisory Board15.7yrsno datano data
William Richardson
Member of Advisory Board15.7yrsno datano data
Barney Maynard
Member of Advisory Board15.7yrsno datano data
Marc Fine
Independent Director15.7yrsUS$102.39k0.12%
$ 2.3m
Danny Bateman
Member of Advisory Board15.7yrsno datano data
Daniel Aiken
Member of Advisory Board15.7yrsno datano data
M. Root
Independent Director13.7yrsUS$111.84k0.056%
$ 1.1m
Gene Pfeiffer
Member of Advisory Board15.7yrsno datano data
Susan Ellspermann
Independent Director5.2yrsUS$107.14k0.035%
$ 649.5k
Zachary Bawel
Independent Lead Director8.2yrsUS$127.39k0.078%
$ 1.5m
Jason Kelly
Independent Director7.7yrsUS$110.59k0.041%
$ 773.8k
15.7yrs
Average Tenure
66yo
Average Age

Experienced Board: GABC's board of directors are seasoned and experienced ( 15.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/13 03:49
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

German American Bancorp, Inc. is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen GeyenD.A. Davidson & Co.
Brendan NosalHovde Group, LLC
Damon DelMonteKeefe, Bruyette, & Woods