German American Bancorp: Q1 Earnings Snapshot
April 26, 2021 GMT
The bank, based in Jasper, Indiana, said it had earnings of 74 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.
The financial services holding company posted revenue of $56.6 million in the period. Its revenue net of interest expense was $54 million, also beating Street forecasts. Three analysts surveyed by Zacks expected $51.9 million.
German American Bancorp shares have climbed 34% since the beginning of the year. In the final minutes of trading on Monday, shares hit $44.42, a climb of 60% in the last 12 months.
German American Bancorp: Q1 Earnings Snapshot
sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.
Top Stocks To Buy Today At The Start Of Earnings Season
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
German American to close seven branches
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
German American Reports Record Profits
insideindianabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideindianabusiness.com Daily Mail and Mail on Sunday newspapers.