German American Bancorp: Brett Stilwell joins German American Bank as Market President







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September 13, 2022

German American Bank announces that Brett A. Stilwell has joined the company as Market President. In this role, he will lead the Clark and Floyd County Financial Services team, which provides commercial and personal banking, insurance, investment and wealth management consulting services.

“We are thrilled to have someone of Brett’s caliber of talent join our team. His appointment as Market Chairman strengthens an already strong and dedicated team of local professionals serving Clark and Floyd counties,” said Senior Regional Chairman Adrian Brown. “Brett has many years of experience serving the financial needs of businesses in southern Indiana and Kentucky. His values ​​align well with German American’s focus on customer relationships, taking local decision and a strong commitment to the community.”

Stilwell has over 17 years of financial services experience in southern Indiana and surrounding areas and specializes in working with businesses to help them achieve their financial goals. He is a graduate of the Indiana University Kelley School of Business, where he earned a Bachelor of Science in Commerce, a Master of Science in Finance, and a Master of Business Administration. With a community spirit, Stilwell is involved in many local organizations. He is a member of the Economic Advisory Board of One Southern Indiana and holds leadership positions with the Harrison County YMCA, Family Ark, Inc. and the Harrison County Chamber of Commerce. In 2021, he was honored as the Leukemia & Lymphoma Society of Louisville & Southern Indiana Man of the Year.

“I am thrilled to have the opportunity to develop my love of community banking and join a company that has so much to offer its customers. German Americans have an excellent reputation for local involvement, and it has been exciting to see their recent growth into new markets. I look forward to contributing to the already strong business teams in Clark and Floyd counties,” said Stilwell.

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German-American Bancorp published this content on September 13, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on September 13, 2022 7:39:00 PM UTC.

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2022 sales 265 million

2022 net income 81.3M

Net debt 2022

PER 2022 ratio 13.7x
2022 return 2.43%
Capitalization 1,115 million
1,115 million
capi. / Sales 2022 4.21x
capi. / Sales 2023 4.06x
# of employees 894
Floating 94.0%

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Medium consensus HOLD
Number of analysts 5
Last closing price $37.81
Average target price $40.38
Average Spread / Target 6.78%


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