GABC Stock Summary and Trading Ideas (German American Bancorp | NASDAQ:GABC)

German American Bancorp Inc is a bank holding company. The Company's lines of business include Retail and commercial banking business which involves attracting deposits from the general public and using those funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans. These core banking activities also include the sale of residential mortgage loans in the secondary market. Wealth management services which involve providing trust, investment advisory, brokerage and retirement planning services to customers. Insurance operations include the offering of a full range of personal and corporate property and casualty insurance products.

German American Bancorp trades on the NASDAQ stock market under the symbol GABC.

As of December 13, 2024, GABC stock price declined to $44.42 with 51,854 million shares trading.

GABC has a beta of 0.65, meaning it tends to be less sensitive to market movements. GABC has a correlation of 0.07 to the broad based SPY ETF.

GABC has a market cap of $1.32 billion. This is considered a Small Cap stock.

Last quarter German American Bancorp reported $62 million in Revenue and $.71 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.01.

In the last 3 years, GABC traded as high as $47.08 and as low as $25.02.

The top ETF exchange traded funds that GABC belongs to (by Net Assets): IWM, VTI, SCHD, VXF, IWN.

GABC has outperformed the market in the last year with a return of +38.6%, while the SPY ETF gained +29.9%. In the last 3 month period, GABC beat the market returning +14.3%, while SPY returned +7.8%. However, in the most recent 2 weeks GABC has underperformed the stock market by returning -1.2%, while SPY returned +0.3%.

GABC support price is $43.71 and resistance is $45.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GABC shares will trade within this expected range on the day.