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German American Bancorp: Q1 Earnings Snapshot

German American Bancorp: Q1 Earnings Snapshot

By AP News
Published - Apr 24, 2023, 06:24 PM ET
Last Updated - Jun 22, 2023, 04:24 AM EDT

JASPER, Ind. (AP) — JASPER, Ind. (AP) — German American Bancorp Inc. (GABC) on Monday reported net income of $20.8 million in its first quarter.

The bank, based in Jasper, Indiana, said it had earnings of 71 cents per share.

The financial services holding company posted revenue of $75.5 million in the period. Its revenue net of interest expense was $64 million, which missed Street forecasts.

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