German American Bancorp reports Q2 adjusted EPS 79c, consensus 82c

Reports Q2 adjusted Net Interest Margin 3.74% vs. 3.72% in Q1 and 3.32% a year ago. Tangible book value per share was $17.40 from $16.74 at previous quarter end. CEO D. Neil Dauby stated, “We are extremely pleased with our ability to build upon the momentum from our Q1 acquisition of Heartland with our strong operating performance in the second quarter. A smooth conversion of bank operating systems took place shortly after the conclusion of first quarter 2025, with very little disruption to employees and customers. We are encouraged by the potential benefits of a normalizing yield curve, the continued integration/optimization of Heartland operating expenses, and the strength of our lending pipelines throughout our legacy and newly-acquired geographic footprint. We believe we have positioned the company for continued future growth and profitability given a stable economic environment. Thanks to the dedicated efforts of our relationship-focused team of professionals, we are confident that our strong community presence, healthy financial condition and disciplined approach to growth will continue to drive future profitability and long-term shareholder value. We remain excited and committed to the vitality and future growth of our Indiana, Kentucky and Ohio communities.”