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Stock impact report

German American Bancorp, Inc. (GABC) Reports Second Quarter Earnings

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: GlobeNewswire
JASPER, Ind., July 30, 2018 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (NASDAQ:GABC) reported quarterly earnings of $11.1 million, or $0.48 per share in the second quarter of 2018.  This level of quarterly earnings performance was an increase of approximately $1.3 million, or 12% on a per share basis, over second quarter 2017 net income of $9.8 million, or $0.43 per share.  On a year-to-date basis, reported earnings for the first six months of 2018 were $22.9 million, or $1.00 per share, which represents an increase of $3.5 million, or 18% on a per share basis, over the first half  2017 net income of $19.4 million, or $0.85 per share. 2018 second quarter enhanced financial performance relative to that of the same quarter last year was largely attributable to a $2.7 million, or 11%, increase in net interest income, which was driven by the Company’s higher level of average loans outstanding.  Average loans outstanding during the second quarter of 2018 increased by $218.5 milli Show less Read more
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