German American Bancorp (NASDAQ:GABC) Releases Quarterly Earnings Results, Misses Expectations By $0.02 EPS

German American Bancorp (NASDAQ:GABC) released its earnings results on Monday. The bank reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.02), FiscalAI reports. German American Bancorp had a return on equity of 12.13% and a net margin of 27.09%.The company had revenue of $96.08 million during the quarter, compared to analyst estimates of $96.05 million.

German American Bancorp Trading Down 0.4%

NASDAQ GABC traded down $0.18 during mid-day trading on Wednesday, hitting $43.05. The company’s stock had a trading volume of 8,267 shares, compared to its average volume of 150,649. German American Bancorp has a 52-week low of $36.55 and a 52-week high of $45.00. The stock’s fifty day simple moving average is $42.12 and its two-hundred day simple moving average is $40.91. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a market capitalization of $1.61 billion, a P/E ratio of 11.93 and a beta of 0.59.

German American Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Investors of record on Sunday, May 10th will be issued a $0.31 dividend. The ex-dividend date is Friday, May 8th. This represents a $1.24 annualized dividend and a yield of 2.9%. German American Bancorp’s dividend payout ratio (DPR) is presently 34.35%.

Analyst Ratings Changes

GABC has been the topic of several research analyst reports. Keefe, Bruyette & Woods raised their target price 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. Stephens raised their price target on shares of German American Bancorp from $47.00 to $49.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Piper Sandler upgraded shares of German American Bancorp from a “neutral” rating to an “overweight” rating and set a $47.00 price target on the stock in a report on Friday, March 20th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, German American Bancorp has an average rating of “Moderate Buy” and a consensus price target of $47.67.

Institutional Trading of German American Bancorp

A number of hedge funds have recently made changes to their positions in GABC. German American Bancorp Inc. raised its stake in shares of German American Bancorp by 59.6% during the fourth quarter. German American Bancorp Inc. now owns 954,287 shares of the bank’s stock valued at $37,389,000 after purchasing an additional 356,382 shares during the period. FJ Capital Management LLC raised its stake in shares of German American Bancorp by 1,802.7% during 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 period. Goldman Sachs Group Inc. raised its stake in shares of German American Bancorp by 155.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 173,231 shares of the bank’s stock valued at $6,787,000 after purchasing an additional 105,474 shares during the period. Two Sigma Investments LP raised its stake in shares of German American Bancorp by 1,660.8% during the third quarter. Two Sigma Investments LP now owns 101,666 shares of the bank’s stock valued at $3,992,000 after purchasing an additional 95,892 shares during the period. Finally, Franklin Resources Inc. raised its stake in shares of German American Bancorp by 3.6% during the third quarter. Franklin Resources Inc. now owns 1,847,234 shares of the bank’s stock valued at $72,541,000 after purchasing an additional 64,338 shares during the period. Hedge funds and other institutional investors own 46.90% of the company’s stock.

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.