May 20, 2024
German American Bank named to the Forbes America’s Best Banks list, ranking 19th among 200 eligible banks.
The 15th annual Forbes America’s Best Banks list considers the 200 largest publicly-traded banks and thrifts by asset size, ranking the top 100 based on 10 metrics measuring growth, credit quality, and profitability for the 2023 calendar year, as well as stock performance in the 12 months through March 18, 2024. “As a community bank, we understand the importance of maintaining a position of strength and stability,” states Neil Dauby, Chairman and CEO of German American Bank. “We are thrilled to receive top rankings that demonstrate our continued focus on steady growth and performance.”
May 20, 2024
German American Bank has earned accolades as a top community bank with a #15 ranking in the Raymond James Community Bankers Cup awards.
In its 12th year of the Community Bankers Cup awards, Raymond James recognized the top 10% of community banks based on various profitability, operational efficiency, and balance sheet metrics. Banks considered for recognition include all exchange-traded domestic banks, excluding mutual holding companies, with assets between $500 million and $10 billion as of December 31, 2023. “Our ability to consistently be recognized based on indicators of our company’s profitability, growth, and operational efficiency is a testament to the dedication of our team of financial professionals, and solidifies our position as a top-performing community bank,” said Neil Dauby, Chairman and CEO.
March 27, 2024
German American Bancorp, Inc. has earned the #27 ranking out of 200 U.S. community banks assessed by S&P Global Market Intelligence with assets between $3 billion and $10 billion. The ranking is based on 2023 performance in which German American Bank ranks the highest of banks serving southern Indiana and the Commonwealth of Kentucky.
“We are honored to once again be recognized by S&P Global Market Intelligence as one of the top performing community banks in the nation. 2023 was a volatile year for the banking industry marked by many challenges. Our organization’s ability to perform at such a high level in such difficult times is a testament to the dedicated efforts of our relationship-focused team of professionals,” states Neil Dauby, Chairman and CEO. “Our company remained steadfast in its commitment to its employees, customers, communities and shareholders throughout the entire year and will continue to serve all of our stakeholders with strength and resilience for years to come.”
January 2024
German American Bank named a Best Bank 2024 by Newsweek.
This award not only recognizes German American Bank’s exceptional financial performance, yet also the bank’s commitment to helping individuals, families and businesses throughout Indiana and Kentucky communities achieve greater prosperity and quality of life. Newsweek, in partnership with Plant-A Insights Group, conducted an independent review of all of the nation’s regional community banks to name only 250 banks to this prestigious ranking. The study covered various aspects such as profitability, financial relevance, risk exposure to financial uncertainties, and overall health and stability of the financial institution. The analysis also included media reputation monitoring and independent customer surveys. Along with this national recognition, German American Bank is also listed as a top community bank in both the Indiana and Kentucky analysis with 5-star ratings in both state rankings.
In the announcement of the recognition, Newsweek’s Global Editor in Chief, Nancy Cooper, shared, “Unlike large national banks, regional banks are deeply rooted in local economies, understanding the unique needs of the people they serve. In an era where digital advancements can overshadow personalized service, regional banks stand out for their customer-centric financial services, proving that a community-centered approach can redefine the banking experience.”
"This is a special recognition for our entire German American Bank team,” states Neil Dauby, Chairman and CEO of German American Bank. "Our inclusion as one of America’s best regional community banks speaks to the strength of our Company and the dedicated efforts of our relationship and community focused team of professionals.”
January 2024
BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, recently awarded German American Bank its top (5-Star) rating. The Company has earned this ranking for the 34th consecutive quarter.
Bauer rates every federally-insured U.S. chartered bank with the same strict standards, and reports that German American Bank continues to excel in areas of capital adequacy, profitability, loan quality and more.
“It’s an honor to be recognized by BauerFinancial with this 5-Star ranking,” said Neil Dauby, President and CEO. “We believe German American Bank is well-positioned to continue to be a source of strength for our communities. Ranking from an independent firm, such as BauerFinancial, helps us validate our performance. On behalf of the entire German American Bank team, we are proud to receive this recognition.”