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German American Bancorp (FRA:GAB) Return-on-Tangible-Equity : 16.11% (As of Mar. 2024)


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What is German American Bancorp Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. German American Bancorp's annualized net income for the quarter that ended in Mar. 2024 was €70.0 Mil. German American Bancorp's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €434.5 Mil. Therefore, German American Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 16.11%.

The historical rank and industry rank for German American Bancorp's Return-on-Tangible-Equity or its related term are showing as below:

FRA:GAB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.33   Med: 14.53   Max: 20.32
Current: 19.76

During the past 13 years, German American Bancorp's highest Return-on-Tangible-Equity was 20.32%. The lowest was 13.33%. And the median was 14.53%.

FRA:GAB's Return-on-Tangible-Equity is ranked better than
86.1% of 1460 companies
in the Banks industry
Industry Median: 10.78 vs FRA:GAB: 19.76

German American Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for German American Bancorp's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

German American Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.25 12.76 16.84 18.69 20.06

German American Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.10 21.18 22.60 20.59 16.11

Competitive Comparison of German American Bancorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, German American Bancorp's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


German American Bancorp's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, German American Bancorp's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where German American Bancorp's Return-on-Tangible-Equity falls into.



German American Bancorp Return-on-Tangible-Equity Calculation

German American Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=78.759/( (347.968+437.312 )/ 2 )
=78.759/392.64
=20.06 %

German American Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=70/( (437.312+431.694)/ 2 )
=70/434.503
=16.11 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


German American Bancorp  (FRA:GAB) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


German American Bancorp Return-on-Tangible-Equity Related Terms

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German American Bancorp (FRA:GAB) Business Description

Traded in Other Exchanges
Address
711 Main Street, P.O. Box 810, Jasper, IN, USA, 47546
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.

German American Bancorp (FRA:GAB) Headlines

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