German American Bancorp, Inc. (GABC)

German American Bancorp Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	263.92	240.24	212.52	169.16	139.15	151.66
Interest Income on Investments	55.08	50.8	44.14	49.77	31.23	22.71
Total Interest Income	319	291.04	256.66	218.93	170.38	174.37
Interest Paid on Deposits	96.66	90.62	56.92	13.51	4.96	13.7
Interest Paid on Borrowings	10.17	9.83	9.31	4.83	4.59	5.43
Total Interest Expense	106.83	100.45	66.22	18.34	9.55	19.13
Net Interest Income	212.17	190.59	190.43	200.58	160.83	155.24
Net Interest Income Growth (YoY)	13.81%	0.08%	-5.06%	24.72%	3.60%	6.90%
Trust Income	14.42	14.42	11.71	10.08	10.32	8.01
Gain (Loss) on Sale of Assets	38.32	38.32	-	-	1.4	-
Gain (Loss) on Sale of Investments	-34.82	-34.79	0.04	0.56	2.25	4.08
Other Non-Interest Income	27.96	28.99	34.61	33.22	29.5	25.15
Total Non-Interest Income	61.68	62.66	60.26	59.13	59.46	54.47
Non-Interest Income Growth (YoY)	0.92%	3.98%	1.91%	-0.55%	9.16%	19.72%
Revenues Before Loan Losses	273.85	253.25	250.69	259.72	220.29	209.72
Provision for Loan Losses	17.18	2.78	2.55	6.35	-6.5	17.55
Revenue	256.67	250.48	248.14	253.37	226.79	192.17
Revenue Growth (YoY)	4.69%	0.94%	-2.06%	11.72%	18.02%	3.65%
Salaries and Employee Benefits	85.15	78.28	80.12	79.66	66.1	66.03
Occupancy Expenses	14.94	14.94	14.47	14.92	-	-
Federal Deposit Insurance	2.91	2.91	2.83	1.86	1.42	0.74
Amortization of Goodwill & Intangibles	2.03	2.03	2.84	3.71	2.73	3.54
Selling, General & Administrative	28.62	28.3	24.67	22.34	34.12	30.59
Other Non-Interest Expense	28.77	19.91	19.57	19.58	19.64	16.23
Total Non-Interest Expense	162.42	146.38	144.5	142.07	124.01	117.12
EBT Excluding Unusual Items	94.25	104.1	103.65	111.3	102.79	75.04
Pretax Income	94.25	104.1	103.65	99.18	102.79	75.04
Income Tax Expense	18.95	20.29	17.76	17.35	18.65	12.83
Net Income	75.31	83.81	85.89	81.83	84.14	62.21
Net Income to Common	75.31	83.81	85.89	81.83	84.14	62.21
Net Income Growth	-10.46%	-2.42%	4.96%	-2.75%	35.25%	5.04%
Basic Shares Outstanding	31	30	30	29	27	27
Diluted Shares Outstanding	31	30	30	29	27	27
Shares Change (YoY)	4.55%	0.33%	0.32%	11.03%	-0.01%	2.77%
EPS (Basic)	2.43	2.83	2.91	2.78	3.17	2.34
EPS (Diluted)	2.43	2.83	2.91	2.78	3.17	2.34
EPS Growth	-14.26%	-2.74%	4.63%	-12.40%	35.47%	2.18%
Dividend Per Share	1.120	1.100	1.020	0.940	0.860	0.780
Dividend Growth	7.69%	7.84%	8.51%	9.30%	10.26%	11.43%
Effective Tax Rate	20.10%	19.49%	17.13%	17.50%	18.14%	17.10%

Updated Apr 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q