AP NEWS

German American Bancorp: 2Q Earnings Snapshot

July 30, 2018

JASPER, Ind. (AP) _ German American Bancorp Inc. (GABC) on Monday reported second-quarter profit of $11.1 million.

The Jasper, Indiana-based bank said it had earnings of 48 cents per share.

The financial services holding company posted revenue of $40.4 million in the period. Its revenue net of interest expense was $36.4 million, which topped Street forecasts.

German American Bancorp shares have climbed almost 6 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $37.34, a climb of almost 5 percent in the last 12 months.

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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

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