German American Bancorp (NASDAQ:GABC) Releases Quarterly Earnings Results, Beats Estimates By $0.10 EPS

German American Bancorp (NASDAQ:GABC) released its earnings results on Monday. The bank reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.10, Zacks reports. German American Bancorp had a return on equity of 11.98% and a net margin of 27.09%.The firm had revenue of $101.34 million during the quarter, compared to the consensus estimate of $99.22 million.

German American Bancorp Stock Performance

Shares of GABC traded up $0.40 during mid-day trading on Monday, reaching $48.83. The company had a trading volume of 145,962 shares, compared to its average volume of 154,366. The stock has a market capitalization of $1.83 billion, a P/E ratio of 13.53 and a beta of 0.59. German American Bancorp has a 52-week low of $36.56 and a 52-week high of $49.39. The stock has a 50 day moving average of $45.75 and a two-hundred day moving average of $43.37. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.14.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. VARCOV Co. purchased a new stake in German American Bancorp in the 4th quarter worth approximately $255,000. Tudor Investment Corp ET AL grew its stake in shares of German American Bancorp by 145.0% during the 4th quarter. Tudor Investment Corp ET AL now owns 60,070 shares of the bank’s stock worth $2,354,000 after purchasing an additional 35,552 shares during the period. Susquehanna Fundamental Investments LLC purchased a new position in shares of German American Bancorp during the 4th quarter valued at approximately $382,000. Engineers Gate Manager LP increased its holdings in shares of German American Bancorp by 14.7% during the 4th quarter. Engineers Gate Manager LP now owns 6,562 shares of the bank’s stock valued at $257,000 after purchasing an additional 842 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of German American Bancorp by 18.1% during the 4th quarter. AQR Capital Management LLC now owns 32,182 shares of the bank’s stock valued at $1,261,000 after purchasing an additional 4,939 shares in the last quarter. 46.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

GABC has been the subject of a number of recent research reports. Keefe, Bruyette & Woods raised their price target on shares of German American Bancorp from $46.00 to $47.00 and gave the stock a “market perform” rating in a research report on Wednesday, April 29th. Raymond James Financial assumed coverage on shares of German American Bancorp in a report on Wednesday, July 8th. They issued a “hold” rating on the stock. Stephens upped their price objective on shares of German American Bancorp from $47.00 to $49.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Wall Street Zen lowered shares of German American Bancorp from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Finally, Weiss Ratings raised shares of German American Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, July 13th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $47.67.

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.