German American Bancorp, Inc. (GABC) Reports Solid Third Quarter 2024 Earnings
German American Bancorp, Inc. (GABC)
Last german american bancorp, inc. earnings: 1/27 05:00 pm
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germanamerican.com/personal
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Source: Business Wire
JASPER, Ind.--(BUSINESS WIRE)--German American Bancorp, Inc. (Nasdaq: GABC) reported solid third quarter earnings of $21.0 million, or $0.71 per share. This level of quarterly earnings reflected a linked quarter increase of $0.5 million, or approximately 3% on a per share basis, from 2024 second quarter earnings of $20.5 million or $0.69 per share.Third quarter 2024 operating performance was highlighted by an expanding net interest margin, stable loan growth, continued strong credit metrics and controlled non-interest expense. The Company remained well-positioned at the end of third quarter 2024 with continued solid liquidity and strong capital ratios.Net interest income for the third quarter of 2024 increased $2.6 million, or 6%, over linked second quarter net interest income. Net interest margin for the third quarter of 3.47% expanded by 13 basis points compared to linked second quarter 2024 of 3.34% as the earning asset yield increase of 15 basis points nicely outpaced a modest
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GABC
News
- German American Bancorp, Inc. (NASDAQ: GABC) had its price target raised by analysts at Keefe, Bruyette & Woods from $43.00 to $46.00. They now have a "market perform" rating on the stock.MarketBeat
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- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PIK, GABC, PFC on Behalf of ShareholdersPR Newswire
- STOCKHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of German American Bancorp, Inc. – GABCGlobeNewswire
GABC
Earnings
- 7/29/24 - Beat
GABC
Sec Filings
- 12/17/24 - Form 8-K
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- GABC's page on the SEC website