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German American Bancorp: Q3 Earnings Snapshot

Associated Press Finance
·1-min read

JASPER, Ind. (AP) — JASPER, Ind. (AP) — German American Bancorp Inc. (GABC) on Monday reported third-quarter profit of $21.5 million.

The bank, based in Jasper, Indiana, said it had earnings of 73 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.

The financial services holding company posted revenue of $80.4 million in the period. Its revenue net of interest expense was $62.4 million, falling short of Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GABC at https://www.zacks.com/ap/GABC