German American Bancorp: Q3 Earnings Snapshot

JASPER, Ind. (AP) — JASPER, Ind. (AP) — German American Bancorp Inc. (GABC) on Monday reported third-quarter earnings of $38.6 million.

The Jasper, Indiana-based bank said it had earnings of $1.03 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share.

The financial services holding company posted revenue of $129.5 million in the period. Its revenue net of interest expense was $103.7 million, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $102.5 million.

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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