German American Bancorp Q3 GAAP EPS beats estimates by $0.02

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GABC Intrinsic Value – German American Bancorp ($NASDAQ:GABC) is a bank holding company. The Company’s principal subsidiary is German American Bancorp, Inc. . The Company offers a range of retail and commercial banking services, including personal checking accounts, savings accounts, commercial loans and consumer loans.

It also offers a range of other financial services, such as safe deposit box rental, money orders, cashier’s checks and direct deposit of payroll and Social Security checks. Revenue for the quarter was $65.8 million, missing estimates by $0.82 million.

Earnings

Price History

This is despite mostly negative news surrounding the company so far. On Monday, German American Bancorp stock opened at $38.8 and closed at $39.3, up by 0.5% from the previous closing price of $39.1.

VI Analysis – GABC Intrinsic Value Calculator

German American Bancorp is a bank holding company that operates through its banking subsidiary, German American Bank. The Company offers a range of commercial and retail banking products and services, as well as trust and asset management services. It serves customers in the United States through a network of banking offices located in Kentucky, Indiana, Illinois, and Tennessee. The company’s fundamentals reflect its long term potential.

The fair value of German American Bancorp shares is around $36.4, calculated by VI Line. Now German American Bancorp stock is traded at $39.3, a fair price overvalued by 8%.

VI Peers

The competition between German American Bancorp Inc and its competitors is fierce. Each company is vying for market share and customer base. They all offer similar products and services, so it is important for each company to differentiate itself in the market. German American Bancorp Inc has been able to do this by offering unique products and services that its competitors do not offer. This has allowed German American Bancorp Inc to gain a loyal customer base and a strong market share.

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Intercorp Financial Services Inc is a financial services company with a market cap of 2.77B as of 2022. The company offers a range of financial services, including banking, insurance, and investment management.

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First Western Financial Inc is a holding company for First Western Bank & Trust, a regional bank with branches throughout the Western United States. First Western Bank & Trust offers a full range of banking services, including deposits, loans, and credit cards. It has a market cap of 262.07M as of 2022.

– Evans Bancorp Inc ($NYSEAM:EVBN)

Evans Bancorp Inc is a company that provides banking services. It has a market cap of 200.6M as of 2022. The company has been in operation for over 100 years and is headquartered in New York.

Summary

Investing in German American Bancorp can be a good way to gain exposure to the German economy. The company is a leading provider of banking services in Germany, and its stock has outperformed the German stock market over the past five years. German American Bancorp is a well-managed company with a strong balance sheet, and its stock is attractively valued at current levels.