How many subsidiaries does GERMAN AMERICAN BANCORP, INC. file with the SEC?

23, listed in its most recent exhibit 21. They are incorporated across 7 jurisdictions, led by Indiana, Nevada, Maryland. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is GERMAN AMERICAN BANCORP, INC. financially healthy?

GERMAN AMERICAN BANCORP, INC. scores 6 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of GERMAN AMERICAN BANCORP, INC.?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

GERMAN AMERICAN BANCORP, INC. (GABC)

Nasdaq · State Commercial Banks

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

23 entities across 7 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-02-27 — see the exhibit.

Which other public companies file entities in the same places:

Indiana6 Delaware5 Kentucky5 Nevada4 Maryland1 Connecticut1 Ohio1

Subsidiaries of GERMAN AMERICAN BANCORP, INC. as disclosed in its SEC filing
Entity	Jurisdiction	Note
German American Bank	Indiana
GAB Investment Company, Inc.	Nevada
GAB Investment Center, Inc.	Nevada
GAB Investments, LLC	Nevada
GAB Capital Funding Corp.	Nevada
GAB Funding Corp.	Maryland
GABC Leasing, Inc.	Indiana
GABC Holdings, Inc.	Indiana
GABC Development Corporation	Indiana
German American Investment Services, Inc.	Indiana
German American Insurance, Inc.

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

6 / 7

PASSReturn on assets positiveROA 1.3%
PASSOperating cash flow positiveOCF 159M
PASSReturn on assets improving1.3% → 1.3%
PASSCash flow exceeds earningsOCF 159M vs NI 113M
PASSLong-term debt ratio falling1.8% → 1.2% of assets
FAILCurrent ratio improvingno data
FAILNo share dilution30M → 37M shares
FAILGross margin improvingno gross profit reported
PASSAsset turnover improving0.06× → 0.06×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	—	$62.2M	$85.3M	—	26,539,024
FY2021	—	$84.1M	$96.2M	—	26,537,311
FY2022	$278.1M	$81.8M	$102.2M	—	29,464,591
FY2023	$316.9M	$85.9M	$101.5M	—	29,557,567
FY2024	$353.7M	$83.8M	$90.7M	—	29,656,416
FY2025

Ownership flow

1 institutions tracked — 1 added, 0 reduced.

Institutional holders of GERMAN AMERICAN BANCORP, INC. and their share-count change
Manager	Kind	Shares	Change	Value
GEODE CAPITAL MANAGEMENT, LLC	Index	1,002,126	+62,168	$47.6M

From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Dividend per share

2026Q2: $0.31
2026Q1: $0.31
2025Q3: $0.29
2025Q2: $0.29
2025Q1: $0.29
2024Q3: $0.27

Identity

CIK: 0000714395
LEI: 549300I1AHR8KMMFIS52
SIC: 6022 · State Commercial Banks
Incorporated: IN
Headquarters: JASPER, IN

Ownership

Institutional: 54.8%
Institutions: 269
Insiders: 3.2%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other state commercial banks companies

GERMAN AMERICAN BANCORP, INC. files under SIC 6022 — all 4 state commercial banks companies compared on assets and F-score.

Bank of New York Mellon CorpBNY WESTERN ALLIANCE BANCORPORATIONWAL UNITED COMMUNITY BANKS INCUCB

Questions about GERMAN AMERICAN BANCORP, INC.

How many subsidiaries does GERMAN AMERICAN BANCORP, INC. file with the SEC?: 23, listed in its most recent exhibit 21. They are incorporated across 7 jurisdictions, led by Indiana, Nevada, Maryland. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is GERMAN AMERICAN BANCORP, INC. financially healthy?: GERMAN AMERICAN BANCORP, INC. scores 6 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of GERMAN AMERICAN BANCORP, INC.?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.