💨 Abstract

German American Bancorp Inc. (GABC) reported second-quarter net income of $31.4 million, or 84 cents per share. Adjusting for merger and acquisition costs, earnings were 86 cents per share, exceeding analyst expectations. The bank's revenue of $123.2 million and net revenue of $89.9 million also surpassed forecasts. Headquartered in Jasper, Indiana, GABC's performance surpassed Wall Street estimates in multiple categories.

Courtesy: WTOP Staff