German American Bancorp: 2Q Earnings Snapshot
JASPER, Ind. (AP) _ German American Bancorp Inc. (GABC) on Monday reported second-quarter net income of $15.3 million.
The Jasper, Indiana-based bank said it had earnings of 61 cents per share.
The financial services holding company posted revenue of $51.5 million in the period. Its revenue net of interest expense was $44.2 million, which beat Street forecasts.
German American Bancorp shares have risen 9% since the beginning of the year. In the final minutes of trading on Monday, shares hit $30.29, a drop of 18% in the last 12 months.