German American Bancorp Posts Q3 Earnings of $38.6 Million, Tops Analyst Estimates

German American Bancorp Inc. (GABC) on Monday reported third-quarter earnings of $38.6 million, or $1.03 per share, beating the average estimate of $1.01 per share from four analysts surveyed by Zacks Investment Research. The Jasper, Indiana-based bank posted revenue of $129.5 million for the period. Revenue net of interest expense came in at $103.7 million, also exceeding Street forecasts of $102.5 million from three analysts surveyed by Zacks. The financial services holding company's results reflect earnings and revenue both surpassing Wall Street expectations for the quarter.