German American Bancorp, Inc. (GABC) News
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Latest GABC News From Around the Web
Below are the latest news stories about German American Bancorp Inc that investors may wish to consider to help them evaluate GABC as an investment opportunity.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]
Results: German American Bancorp, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Last week, you might have seen that German American Bancorp, Inc. (NASDAQ:GABC) released its third-quarter result to...
JASPER, Ind., Oct. 27, 2020 (GLOBE NEWSWIRE) -- German American Bank was recently recognized as the Best Bank in Indiana by Newsweek in their inaugural “America’s Best Banks” ranking. This ranking recognizes financial institutions in a variety of categories that best serve their customers’ needs in today’s challenging times. The independent review took 55 different factors into consideration which are most important to consumers including fees, current and historical interest rates, account terms, consumer service features, mobile app satisfaction and bank profile. German American was ranked as the best in the category of banks under $10 billion in assets in the state of Indiana. Newsweek’s Deputy Editor in Chief, Diane Harris, pointed to how the pandemic is changing the way that Ameri...
German American Bancorp (GABC) delivered earnings and revenue surprises of 5.77% and 0.59%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
JASPER, Indiana, Oct. 26, 2020 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq: GABC) reported third quarter earnings of $14.6 million, or $0.55 per share, for the quarter ending on September 30, 2020. The third quarter 2020 performance was an increase of approximately 12%, on a per share basis, compared to third quarter 2019 net income of $13.1 million, or $0.49 per share. The current quarterly earnings also represented an increase of approximately 2%, on a per share basis, as compared to second quarter 2020 net income of $14.3 million, or $0.54 per share. Relative to the year-over-year comparison, third quarter 2020 earnings were positively impacted by a $1.2 million increase in non-interest income and a $2.5 million decrease in non-interest expenses. Partially offsettin...
Zacks: Brokerages Anticipate German American Bancorp, Inc. (NASDAQ:GABC) Will Post Quarterly Sales of $51.37 Million
Wall Street analysts expect German American Bancorp, Inc. (NASDAQ:GABC) to post sales of $51.37 million for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for German American Bancorp’s earnings, with the lowest sales estimate coming in at $49.90 million and the highest estimate coming in at $53.00 million. German American Bancorp […]
German American Bancorp, Inc. (NASDAQ:GABC) Receives Consensus Recommendation of “Hold” from Analysts
German American Bancorp, Inc. (NASDAQ:GABC) has earned an average recommendation of “Hold” from the six analysts that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average 12-month price target among brokerages that have updated […]
German American Bancorp (NASDAQ:GABC) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday, BidAskClub reports. A number of other equities analysts have also issued reports on GABC. Zacks Investment Research lowered German American Bancorp from a “hold” rating to […]
Mark Schroeder has been the CEO of German American Bancorp, Inc. (NASDAQ:GABC) since 1999, and this article will...