German American Bancorp Q1 2024 Earnings Report

German American Bancorp EPS Results

• Actual EPS: $0.64
• Consensus EPS: $0.64
• Beat/Miss: Met Expectations
• One Year Ago EPS: N/A

German American Bancorp Revenue Results

• Actual Revenue: $84.08 million
• Expected Revenue: $61.05 million
• Beat/Miss: Beat by +$23.03 million
• YoY Revenue Growth: N/A

German American Bancorp Announcement Details

• Quarter: Q1 2024
• Date: 4/29/2024
• Time: Q1 2024 Earnings Release

German American Bancorp (NASDAQ:GABC) operates as a financial holding company for German American Bank that provides retail and commercial banking services. The company operates through three segments: Core Banking, Wealth Management Services, and Insurance Operations. The Core Banking segment accepts deposits from the general public; and originates consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, as well as sells residential mortgage loans in the secondary market. The Wealth Management segment provides trust, investment advisory, brokerage, and retirement planning services. The Insurance Operations segment offers a range of personal and corporate property and casualty insurance products. It also offers checking, saving, and individual retirement accounts; certificates of deposit; wire transfer; credit cards; home equity, mortgages, and small business; treasury management; and online and mobile banking, bill pay, digital wallet, mobile check deposit, credit score and report, money management, and estatements, as well as wealth advisory. German American Bancorp, Inc. was founded in 1910 and is based in Jasper, Indiana.