German American Bancorp, Inc. to merge with Heartland BancCorp to drive long-term shareholder value
Acquiring Company
German American Bancorp
Acquired Company
Heartland BancCorp
Description
German American Bancorp, Inc. (Nasdaq: GABC) reported solid third-quarter earnings and also announced its pending merger with Heartland BancCorp. The acquisition of Heartland BancCorp is strategically compelling and financially attractive, which is expected to drive long-term shareholder value in 2025 and beyond. This merger complements German American’s balance of rural, suburban, and urban markets with a diverse foundation of core deposits and loans.
Quick answer
German American Bancorp is acquiring Heartland BancCorp, announced October 28, 2024. German American Bancorp is based in Jasper, Indiana, United States.
- How much did German American Bancorp pay for Heartland BancCorp?
- The deal value was not disclosed.
- What does German American Bancorp do?
- German American BancCorp, Inc. is a bank holding company with assets over $6 billion, offering a full range of financial services to individuals and businesses.
- Where are German American Bancorp and Heartland BancCorp based?
- German American Bancorp is based in Jasper, Indiana, United States. Heartland BancCorp is based in Whitehall, Ohio, United States.
- Who are the decision-makers at German American Bancorp?
- Fundz holds 2 contacts at German American Bancorp. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at German American Bancorp, and when
When German American Bancorp changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day German American Bancorp raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at German American Bancorp, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Heartland BancCorp?
Heartland BancCorp was acquired by German American Bancorp, based in Jasper. The deal was reported on October 28, 2024. German American BancCorp, Inc. is a bank holding company with assets over $6 billion, offering a full range of financial services to individuals and businesses. German American Bancorp is publicly traded (GABC) and operates in Financial Services.
When did German American Bancorp acquire Heartland BancCorp?
German American Bancorp's acquisition of Heartland BancCorp was reported on October 28, 2024. German American Bancorp, Inc. (Nasdaq: GABC) reported solid third-quarter earnings and also announced its pending merger with Heartland BancCorp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Heartland BancCorp do?
Heartland BancCorp is a financial holding company offering financial products and services, with a focus on commercial and personal banking. It has a strong presence in the Ohio markets, particularly in the Columbus and Cincinnati MSAs. It is privately held, operating in Financial Services, and is based in Whitehall.
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