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German American Bancorp (GABC) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
German AmericanGerman American(US:GABC) ZACKSยท2025-01-28 01:01

Core Insights - German American Bancorp (GABC) reported a revenue of $65.15 million for the quarter ended December 2024, reflecting a year-over-year increase of 6.5% and a surprise of +3.41% over the Zacks Consensus Estimate of $63 million [1] - The earnings per share (EPS) for the quarter was $0.78, compared to $0.73 in the same quarter last year, resulting in an EPS surprise of +13.04% against the consensus estimate of $0.69 [1] Financial Performance Metrics - Efficiency ratio was reported at 53.4%, better than the estimated 56% by analysts [4] - Net Interest Margin remained stable at 3.5%, matching the analysts' average estimate [4] - Net charge-offs to average loans were 0%, outperforming the average estimate of 0.1% [4] - Total Average Interest Earning Assets amounted to $5.88 billion, exceeding the average estimate of $5.75 billion [4] - Net Gains on Sales of Loan were $0.63 million, below the estimated $0.88 million [4] - Total Non-interest Income reached $14.11 million, surpassing the average estimate of $13.53 million [4] - Net interest income (FTE) was reported at $52.20 million, exceeding the average estimate of $50.19 million [4] - Service charges on deposit accounts were $3.34 million, slightly above the average estimate of $3 million [4] - Net Interest Income was $51.03 million, compared to the average estimate of $49.26 million [4] Stock Performance - Shares of German American Bancorp have returned -3.3% over the past month, contrasting with the Zacks S&P 500 composite's +1.1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]