GERMAN AMERICAN BANCORP, INC. (NASDAQ:GABC) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
German American), issued a press release announcing its results
for the quarter ended March 31, 2017, and making other
disclosures. The press release (including the accompanying
unaudited consolidated financial statements as of and for the
quarter ended March 31, 2017, and other financial data) is
furnished herewith as Exhibit 99.1 and is incorporated herein by
reference.
99.1 shall not be deemed filed for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the Exchange Act),
or incorporated by reference in any filing under the Securities
Act of 1933, as amended, or the Exchange Act, except as shall be
expressly set forth by specific reference in such a filing.
furnished as Exhibit 99.1 to this report, the Companys Board of
Directors has declared a cash dividend of $0.13 per share which
will be payable on May 20, 2017 to shareholders of record as of
May 10, 2017. This level of regular quarterly cash dividend
represents approximately an 8% increase, after taking into
consideration the Companys recently completed three-for-two stock
split, above the quarterly dividend level paid in the prior year.
and Exhibits.
(d)
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Exhibits
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Exhibit No.
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Description
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99.1
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Press release dated April 24, 2017. This exhibit shall
not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. |
About GERMAN AMERICAN BANCORP, INC. (NASDAQ:GABC)
German American Bancorp, Inc. is a bank holding company. As of December 31, 2016, the Company, through its banking subsidiary German American Bancorp, operated 51 banking offices in 19 contiguous southern Indiana counties and one northern Kentucky county. Its segments are core banking, trust and investment advisory services, insurance, and other. The core banking segment involves attracting deposits from the general public and using such funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, primarily in its local markets. The core banking segment also involves the sale of residential mortgage loans in the secondary market. The trust and investment advisory services segment involves providing trust, investment advisory, and brokerage services to customers. The insurance segment offers a range of personal and corporate property and casualty insurance products, in its banking subsidiary’s local markets. GERMAN AMERICAN BANCORP, INC. (NASDAQ:GABC) Recent Trading Information
GERMAN AMERICAN BANCORP, INC. (NASDAQ:GABC) closed its last trading session 00.00 at 33.49 with 45,926 shares trading hands.