JASPER— German American Bancorp, Inc. (Nasdaq: GABC) reported record earnings for the three months ended Dec. 31. 2025. The company also announced a 7% increase in its regular quarterly cash dividend, as its board of directors declared a regular quarterly cash dividend of $0.31 per share, which will be payable on Feb. 20 to shareholders of record as of Feb. 10.
For the three months ended Dec. 31, the company reported net income of $35.7 million, or $0.95 per share, reflecting a linked quarter increase of $0.7 million, or approximately 1% on a per share basis, from previous record third quarter 2025 net income of $35.1 million, or $0.94 per share.
The company also reported strong annual net income of $112.6 million, or $3.06 per share, for the year ended Dec. 31, 2025, reflecting a year-over-year increase of $28.8 million, or approximately 8% on a per share basis, from year end Dec. 31, 2024 net income of $83.8 million, or $2.83 per share.
On an adjusted basis*, net income for the three months ended Dec. 31, 2025 was $35.9 million, or $0.96 per share, reflecting a linked quarter increase of $1.5 million, or approximately 4.4% on a per share basis, from previous third quarter net income of $34.4 million, or $0.92 per share. On an adjusted basis*, net income for the year ended December 31, 2025 was $129.7 million, or $3.52 per share, reflecting a year-over-year increase of $45.9 million, or approximately 24% on a per share basis, from year end December 31, 2024.
Profitability and capital measures remained strong as ROAA for the fourth quarter of 2025 was 1.67% (1.68% as adjusted*) and ROATCE was 19.5% (19.6% as adjusted*). These compared to ROAA of 1.68% (1.65% as adjusted*) and ROATCE of 21.1% (20.8% as adjusted*) in the third quarter of 2025.
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* Represents a non-GAAP financial measure. Refer to “Use of Non-GAAP Financial Measures” contained in this release for additional information, including a reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures.
