German American Bancorp (NASDAQ:GABC) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS

German American Bancorp (NASDAQ:GABC) announced its quarterly earnings results on Monday. The bank reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.06, FiscalAI reports. The firm had revenue of $95.99 million during the quarter, compared to analyst estimates of $94.67 million. German American Bancorp had a return on equity of 11.85% and a net margin of 22.19%.

German American Bancorp Trading Up 0.8%

Shares of NASDAQ:GABC traded up $0.33 during mid-day trading on Monday, reaching $40.58. 99,496 shares of the company were exchanged, compared to its average volume of 120,931. German American Bancorp has a 1 year low of $32.75 and a 1 year high of $43.20. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.86 and a quick ratio of 0.86. The firm’s 50-day simple moving average is $39.95 and its 200 day simple moving average is $39.86. The firm has a market cap of $1.52 billion, a price-to-earnings ratio of 14.19 and a beta of 0.67.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “buy (b-)” rating on shares of German American Bancorp in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $45.50.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of GABC. Mackenzie Financial Corp boosted its stake in shares of German American Bancorp by 12.7% in the 3rd quarter. Mackenzie Financial Corp now owns 14,233 shares of the bank’s stock valued at $559,000 after buying an additional 1,604 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in German American Bancorp by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,932 shares of the bank’s stock valued at $635,000 after acquiring an additional 711 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in German American Bancorp by 6.5% in the second quarter. Arrowstreet Capital Limited Partnership now owns 23,630 shares of the bank’s stock worth $910,000 after acquiring an additional 1,442 shares during the last quarter. Millennium Management LLC lifted its stake in German American Bancorp by 15.4% in the third quarter. Millennium Management LLC now owns 25,943 shares of the bank’s stock worth $1,019,000 after acquiring an additional 3,464 shares during the last quarter. Finally, California State Teachers Retirement System grew its holdings in German American Bancorp by 8.1% during the 3rd quarter. California State Teachers Retirement System now owns 36,937 shares of the bank’s stock worth $1,451,000 after acquiring an additional 2,758 shares in the last quarter. 46.90% of the stock is currently owned by hedge funds and other institutional investors.

German American Bancorp Company Profile

German American Bancorp, Inc operates as a bank holding company headquartered in Jasper, Indiana. Through its principal subsidiary, German American Bank, it delivers a range of community banking services tailored to individuals, small-to-medium enterprises and agricultural clients. The company’s core offerings include traditional deposit accounts—such as checking, savings and certificates of deposit—alongside residential mortgage and home equity lending products.

On the commercial side, German American Bancorp provides a variety of financing solutions, including term loans, lines of credit and commercial real estate financing.