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German American(GABC) - 2024 Q2 - Quarterly Results
2024-07-29 20:47
| --- | --- | --- | --- | |-----------------------------------------------------------------------------------|-----------------|-----------------|-----------------| | | 6/30/2024 Ratio | 3/31/2024 Ratio | 6/30/2023 Ratio | | Total Capital (to Risk Weighted Assets) | | | | | Consolidated | 16.78% | 16.57% | 16.06% | | Bank | 14.52% | 14.53% | 14.50% | | Tier 1 (Core) Capital (to Risk Weighted Assets) | | | | | Consolidated | 15.19% | 14.97% | 14.50% | | Bank | 13.72% | 13.73% | 13.76% | | Common Tier 1 (CET ...
Earnings Preview: German American Bancorp (GABC) Q2 Earnings Expected to Decline
ZACKS· 2024-07-22 15:06
The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Estimate Revisions Trend Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our propri ...
German American Bancorp, Inc. announces the sale of the assets of German American Insurance, Inc. to Hilb Group
Newsfilter· 2024-06-03 12:31
JASPER, Ind., June 03, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) today announced and closed the sale of the assets of its wholly-owned subsidiary German American Insurance (GAI) to Hilb Group, an industry-leading insurance broker. The all-cash transaction is for $40 million, and creates a significant after-tax gain, net of transaction costs, of approximately $27 million. The purchase price represents approximately four times 2023 GAI revenues and approximately 24 times 2023 GAI a ...
German American Bank Earns Top Community Bank Recognitions from Forbes and Raymond James
Newsfilter· 2024-05-20 20:40
JASPER, Ind., May 20, 2024 (GLOBE NEWSWIRE) -- German American Bank was named to the Forbes America's Best Banks list, ranking 19th among 200 eligible banks. In addition, German American Bank earned accolades as a top community bank with a #15 ranking in the Raymond James Community Bankers Cup awards. About German American Bank German American Bancorp, Inc. is a Nasdaq-traded (symbol: GABC) financial holding company based in Jasper, Indiana. German American, through its banking subsidiary German American Ba ...
German American(GABC) - 2024 Q1 - Quarterly Report
2024-05-08 20:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the Quarterly Period Ended March 31, 2024 Commission File Number 001-15877 German American Bancorp, Inc. (Exact name of registrant as specified in its charter) Registrant's telephone number, including area code: (812) 482-1314 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 1 ...
Compared to Estimates, German American Bancorp (GABC) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-30 14:35
German American Bancorp (GABC) reported $60.82 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 5%. EPS of $0.64 for the same period compares to $0.71 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $61.05 million, representing a surprise of -0.38%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.64.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...
German American(GABC) - 2024 Q1 - Quarterly Results
2024-04-29 20:50
April 29, 2024 GERMAN AMERICAN BANCORP, INC. (GABC) REPORTS FIRST QUARTER 2024 EARNINGS Jasper, Indiana: April 29, 2024 – German American Bancorp, Inc. (Nasdaq: GABC) reported first quarter 2024 earnings of $19.0 million, or $0.64 per share, compared to earnings of $21.5 million, or $0.73 per share, for fourth quarter 2023, and earnings of $20.8 million, or $0.71 per share, for first quarter 2023. First quarter 2024 operating performance was highlighted by strong linked quarter commercial real estate and re ...
German American Bancorp, Inc. (GABC) Reports First Quarter 2024 Earnings
Newsfilter· 2024-04-29 20:30
JASPER, Ind., April 29, 2024 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (NASDAQ:GABC) reported first quarter 2024 earnings of $19.0 million, or $0.64 per share, compared to earnings of $21.5 million, or $0.73 per share, for fourth quarter 2023, and earnings of $20.8 million, or $0.71 per share, for first quarter 2023. First quarter 2024 operating performance was highlighted by strong linked quarter commercial real estate and retail organic loan growth, linked quarter non-public fund deposit growth, s ...
Stay Ahead of the Game With German American Bancorp (GABC) Q1 Earnings: Wall Street's Insights on Key Metrics
Zacks Investment Research· 2024-04-17 14:21
Wall Street analysts forecast that German American Bancorp (GABC) will report quarterly earnings of $0.64 per share in its upcoming release, pointing to a year-over-year decline of 9.9%. It is anticipated that revenues will amount to $61.05 million, exhibiting a decline of 4.6% compared to the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their in ...
German American Bancorp (GABC) Surges 6.0%: Is This an Indication of Further Gains?
Zacks Investment Research· 2024-03-05 14:46
German American Bancorp (GABC) shares rallied 6% in the last trading session to close at $33. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.3% loss over the past four weeks.Almost a week after getting hurt by the industry-wide concern related to commercial real estate (CRE) loans, shares of German American Bancorp are showing signs of improvement. While CRE loans constitute almost 50% of the company’s tot ...