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German American Bancorp, Inc.

Dividend Growth

Min. Div. Growth Past 7 Yrs. ≥ 15%: 11.3
Rolling 4-Yrs Div. Growth Past 7 Yrs ≥ 15%: 8.7%
Years of Div. Growth ≥ 15: 31

Income Generation

Current Yield 2.6≥ 20-Yrs Treasury Yield 4.4
Total Dividends ≥ 20-Yrs Treasury Coupons in 5 Yrs

Sustainability

Debt-To-Equity 0.26 ≤ 0.45 
Last 12Months Cash Payout 0.33 ≤ 0.6 

Profitability

5-Yr Avg. Return-on-Equity 12.5≥ 15%
Last 12Months Return-on-Equity 13.7≥ 15%
Last 12Months Net Profit Margin 28.5≥ 10% 

Fair Value

Average 5-Yrs High Yield 3.1%
Current Price $40.5 ≤ High Yield Price $33.9
Average 5-Yrs Price-to-Earning (P/E) 12.1
Current Price $40.5 ≤ Average P/E Price $34.6
Current Price $40.5 ≤ Fair Value $38.7 

Company Description
German American Bancorp, Inc. operates as a bank holding company for German American Bank that provides retail and commercial banking services. The company operates through three segments: Core Banking, Wealth Management Services, and Insurance Operations. The Core Banking segment accepts deposits from the general public; and originates consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, as well as sells residential mortgage loans in the secondary market. The Wealth Management segment provides trust, investment advisory, brokerage, and retirement planning services. The Insurance Operations segment offers a range of personal and corporate property and casualty insurance products. As of December 31, 2021, the company operated 77 banking offices in 19 contiguous southern Indiana counties; and 14 counties in Kentucky. German American Bancorp, Inc. was founded in 1910 and is based in Jasper, Indiana.

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