German American Bancorp, Inc. (FRA:GAB)

German American Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	358.6	240.24	212.52	169.16	139.15
Interest Income on Investments	61.49	50.8	44.14	49.77	31.23
Total Interest Income	420.09	291.04	256.66	218.93	170.38
Interest Paid on Deposits	115.09	90.62	56.92	13.51	4.96
Interest Paid on Borrowings	10.87	9.83	9.31	4.83	4.59
Total Interest Expense	125.96	100.45	66.22	18.34	9.55
Net Interest Income	294.13	190.59	190.43	200.58	160.83
Net Interest Income Growth (YoY)	54.33%	0.08%	-5.06%	24.72%	3.60%
Trust Income	-	14.42	11.71	10.08	10.32
Gain (Loss) on Sale of Assets	-	38.32	-	-	1.4
Gain (Loss) on Sale of Investments	-	-34.79	0.04	0.56	2.25
Other Non-Interest Income	62.11	28.99	34.61	33.22	29.5
Total Non-Interest Income	66.62	62.66	60.26	59.13	59.46
Non-Interest Income Growth (YoY)	6.32%	3.98%	1.91%	-0.55%	9.16%
Revenues Before Loan Losses	360.75	253.25	250.69	259.72	220.29
Provision for Loan Losses	19.43	2.78	2.55	6.35	-6.5
Revenue	341.33	250.48	248.14	253.37	226.79
Revenue Growth (YoY)	36.27%	0.94%	-2.06%	11.72%	18.02%
Salaries and Employee Benefits	107.74	78.28	80.12	79.66	66.1
Occupancy Expenses	-	14.94	14.47	14.92	-
Federal Deposit Insurance	-	2.91	2.83	1.86	1.42
Amortization of Goodwill & Intangibles	-	2.03	2.84	3.71	2.73
Selling, General & Administrative	5.15	28.3	24.67	22.34	34.12
Other Non-Interest Expense	82.06	19.91	19.57	19.58	19.64
Total Non-Interest Expense	194.95	146.38	144.5	142.07	124.01
EBT Excluding Unusual Items	146.37	104.1	103.65	111.3	102.79
Other Unusual Items	0.69	-	-	-	-
Pretax Income	140.07	104.1	103.65	99.18	102.79
Income Tax Expense	27.44	20.29	17.76	17.35	18.65
Net Income	112.64	83.81	85.89	81.83	84.14
Net Income to Common	112.64	83.81	85.89	81.83	84.14
Net Income Growth	34.39%	-2.42%	4.96%	-2.75%	35.25%
Basic Shares Outstanding	37	30	30	29	27
Diluted Shares Outstanding	37	30	30	29	27
Shares Change (YoY)	24.07%	0.33%	0.32%	11.03%	-0.01%
EPS (Basic)	3.06	2.83	2.91	2.78	3.17
EPS (Diluted)	3.06	2.83	2.91	2.78	3.17
EPS Growth	8.28%	-2.74%	4.63%	-12.40%	35.47%
Dividend Per Share	1.180	1.100	1.020	0.940	0.860
Dividend Growth	7.27%	7.84%	8.51%	9.30%	10.26%
Effective Tax Rate	19.59%	19.49%	17.13%	17.50%	18.14%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.