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German American Bancorp: 1Q Earnings Snapshot

JASPER, Ind. (AP) _ German American Bancorp Inc. (GABC) on Monday reported first-quarter earnings of $15.1 million.

The bank, based in Jasper, Indiana, said it had earnings of 60 cents per share.

The financial services holding company posted revenue of $52.8 million in the period. Its revenue net of interest expense was $45.2 million, exceeding Street forecasts.

German American Bancorp shares have climbed almost 7% since the beginning of the year. In the final minutes of trading on Monday, shares hit $29.64, a decrease of 13% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GABC at https://www.zacks.com/ap/GABC