German American Bancorp (FRA:GAB) Marketable Securities : €1,276.3 Mil (As of Jun. 2024)

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What is German American Bancorp Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. German American Bancorp's Marketable Securities for the quarter that ended in Jun. 2024 was €1,276.3 Mil.

German American Bancorp's annual Marketable Securities declined from Dec. 2021 (€1,672.3 Mil) to Dec. 2022 (€1,663.0 Mil) and declined from Dec. 2022 (€1,663.0 Mil) to Dec. 2023 (€1,464.3 Mil).

German American Bancorp Marketable Securities Historical Data

The historical data trend for German American Bancorp's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

German American Bancorp Marketable Securities Chart

German American Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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769.34

1,001.07

1,672.31

1,663.02

1,464.30

German American Bancorp Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Marketable Securities	Get a 7-Day Free Trial															1,477.45	1,383.91	1,464.30	1,416.13	1,276.27

German American Bancorp Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

German American Bancorp (FRA:GAB) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

German American Bancorp Marketable Securities Related Terms

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German American Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » German American Bancorp Inc (FRA:GAB) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

GABC:USA

Address

711 Main Street, P.O. Box 810, Jasper, IN, USA, 47546

Website

https://www.germanamerican.com

German American Bancorp Inc is a bank holding company. The Company's lines of business include 1) Retail and commercial banking business which involves attracting deposits from the general public and using those funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans. These core banking activities also include the sale of residential mortgage loans in the secondary market. 2) Wealth management services which involve providing trust, investment advisory, brokerage and retirement planning services to customers. 3) Insurance operations include the offering of a full range of personal and corporate property and casualty insurance products.