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

German American Bancorp (NASDAQ:GABC) issued its quarterly earnings data on Monday. The bank reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.06, FiscalAI reports. The firm had revenue of $95.99 million for the quarter, compared to analysts’ expectations of $94.67 million. German American Bancorp had a net margin of 22.19% and a return on equity of 11.85%.

German American Bancorp Trading Up 0.8%

Shares of GABC stock opened at $40.58 on Tuesday. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 14.19 and a beta of 0.67. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. The firm has a 50-day moving average price of $40.00 and a 200 day moving average price of $39.86. German American Bancorp has a twelve month low of $32.75 and a twelve month high of $43.20.

Hedge Funds Weigh In On German American Bancorp

Several institutional investors and hedge funds have recently modified their holdings of GABC. Franklin Resources Inc. grew its stake in German American Bancorp by 3.6% in the 3rd quarter. Franklin Resources Inc. now owns 1,847,234 shares of the bank’s stock worth $72,541,000 after acquiring an additional 64,338 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of German American Bancorp by 0.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,181,189 shares of the bank’s stock worth $46,385,000 after purchasing an additional 4,388 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of German American Bancorp by 25.6% during the third quarter. Russell Investments Group Ltd. now owns 218,648 shares of the bank’s stock worth $8,586,000 after purchasing an additional 44,515 shares during the last quarter. Focus Partners Wealth grew its position in shares of German American Bancorp by 12.3% in the third quarter. Focus Partners Wealth now owns 183,566 shares of the bank’s stock valued at $7,279,000 after purchasing an additional 20,072 shares during the period. Finally, FJ Capital Management LLC increased its stake in German American Bancorp by 1,802.7% in the third quarter. FJ Capital Management LLC now owns 112,580 shares of the bank’s stock valued at $4,421,000 after purchasing an additional 106,663 shares during the last quarter. Hedge funds and other institutional investors own 46.90% of the company’s stock.

Analyst Upgrades and Downgrades

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

About German American Bancorp

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.