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German American Bancorp, Inc. (GABC) Reports First Quarter 2025 Earnings; Closes on Heartland Merger

1. GABC reported Q1 earnings of $10.5 million, post Heartland acquisition. 2. One-time merger costs of $5.9 million impacted earnings.

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FAQ

Why Bullish?

The acquisition may lead to increased revenues over time, similar to past mergers boosting bank profits.

How important is it?

The earnings report reflects the financial health post-acquisition, influencing investor confidence in GABC.

Why Long Term?

The benefits of the Heartland acquisition will unfold gradually, impacting future performance positively.

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JASPER, Ind.--(BUSINESS WIRE)--German American Bancorp, Inc. (Nasdaq: GABC) reported first quarter earnings of $10.5 million, or $0.30 per share. The first quarter earnings included the results of Heartland BancCorp ("Heartland"), the parent company of Heartland Bank, which was acquired by German American on February 1, 2025. The first quarter of 2025 included one-time merger and acquisition costs of $5.9 million and "Day 2" provision under the current expected credit loss ("CECL") model for He.

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