German American Bancorp, Inc. (GABC)

German American Bancorp Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	248.14	253.37	226.79	192.17	185.4
Revenue Growth (YoY)	-2.06%	11.72%	18.02%	3.65%	23.92%
Gross Profit	248.14	253.37	226.79	192.17	185.4
Selling, General & Admin	108.14	109.78	92.61	89.72	86.57
Other Operating Expenses	36.35	44.41	31.4	27.4	27.6
Operating Expenses	144.5	154.19	124.01	117.12	114.16
Operating Income	103.65	99.18	102.79	75.04	71.24
Pretax Income	103.65	99.18	102.79	75.04	71.24
Income Tax	17.76	17.35	18.65	12.83	12.02
Net Income	85.89	81.83	84.14	62.21	59.22
Net Income Growth	4.97%	-2.75%	35.25%	5.05%	27.28%
Shares Outstanding (Basic)	30	29	27	26	27
Shares Change	0.31%	11.07%	0.20%	-0.64%	6.82%
EPS (Basic)	2.91	2.78	3.17	2.34	2.29
EPS (Diluted)	2.91	2.78	3.17	2.34	2.29
EPS Growth	4.68%	-12.30%	35.47%	2.18%	15.08%
Free Cash Flow	105.12	102.18	98.12	89.28	57.62
Free Cash Flow Per Share	3.55	3.47	3.70	3.37	2.16
Dividend Per Share	1.000	0.920	0.840	0.760	0.680
Dividend Growth	8.70%	9.52%	10.53%	11.76%	13.33%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	41.77%	39.14%	45.32%	39.05%	38.42%
Profit Margin	34.61%	32.30%	37.10%	32.37%	31.94%
Free Cash Flow Margin	42.36%	40.33%	43.26%	46.46%	31.08%
Effective Tax Rate	17.13%	17.50%	18.14%	17.10%	16.87%
EBITDA	113.21	109.29	111.56	84.47	79.87
EBITDA Margin	45.62%	43.14%	49.19%	43.96%	43.08%
Depreciation & Amortization	9.56	10.12	8.77	9.43	8.63
EBIT	103.65	99.18	102.79	75.04	71.24
EBIT Margin	41.77%	39.14%	45.32%	39.05%	38.42%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).