German American Bancorp Q2 FY26 net income rises 22% to $38.17 million; net interest margin widens 38 basis points to 4.3%
GABC•Loan growth and asset quality
Total loans grew 2% to $5.94 billion from year-end; non-performing assets eased to $26.85 million from $29.48 million.
Credit costs and non-interest income
Provision for credit losses increased 25% to $1.5 million; net charge-offs fell 21% to $673,000.
Non-interest income increased 12% to $18.75 million, led by wealth management fees up 20% to $5.01 million.
Quarterly earnings and margin expand
German American Bancorp posted Q2 net income of $38.17 million, up 21% from a year earlier; earnings per share rose 21% to $1.02.
Net interest income climbed 11% to $81.21 million, as the tax-equivalent net interest margin widened 38 basis points to 4.3%.
