German American Bank

German American Bank

Transaction Details

Announcement:
9/20/2021

Consideration:
$155M

Consideration Mix:
33/67 Cash/Stock

P/TBV:
1.56x

All GPD Contribution
Financial Highlights
Consolidated Maturities
Banks' Footprint
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Jungle Chart
Loan Portfolio
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Funding Profile
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INVICTUS COMMENTARY

German American Bank announces its 3rd deal since 2018, more than doubling its assets from $3B to what will be almost $6.5B following completion of this deal.  This is a meaningful transaction as it picks up $1B in assets and becomes a top 10 bank in Louisville for an average price.  Likely their performance track record was a selling point to CUB shareholders.