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0.00118962645729251 0.00118962645729251 0.00118962645729251 -0.00214132762312625 -0.00142755174875095 0.000237925291458435 0.000951701165833908 -0.00249821556031399
Stock impact report

German American Bancorp (GABC) Stock Is Up, What You Need To Know [Yahoo! Finance]

German American Bancorp, Inc. (GABC) 
Last german american bancorp, inc. earnings: 1/27 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: germanamerican.com/personal
Company Research Source: Yahoo! Finance
The company's revenue grew an impressive 50.9% year on year to $94.15 million, beating analyst forecasts. Its earnings per share of $0.94 also came in 8.9% ahead of consensus estimates, driven by strong performance in its core lending operations. Furthermore, the bank demonstrated improved operational effectiveness, as its efficiency ratio—a key measure of costs relative to revenue—was 5.1 percentage points better than in the same quarter of the previous year. The market reacted positively to the strong quarterly performance, which showed accelerated growth and profitability. After the initial pop the shares cooled down to $41.94, up 3.3% from previous close. Is now the time to buy German American Bancorp? Access our full analysis report here, it's free German American Bancorp's shares are not very volatile and have only had 1 move greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be some Show less Read more
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