German American reports record annual earnings

From Local Sources

JASPER — German American Bancorp Inc. reported record annual earnings for the year that ended on Dec. 31, 2018, marking the ninth consecutive year of record performance.

This level of annual earnings performance resulted in a 12.1 percent return on shareholders’ equity for 2018, noting the 14th consecutive fiscal year in which the company has delivered double-digit returns on shareholders’ equity. The company also announced a 13 percent increase in its quarterly cash dividend.

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