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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	326.86	240.24	212.52	169.16	139.15	151.66
Interest Income on Investments	60.45	50.8	44.14	49.77	31.23	22.71
Total Interest Income	387.3	291.04	256.66	218.93	170.38	174.37
Interest Paid on Deposits	109.95	90.62	56.92	13.51	4.96	13.7
Interest Paid on Borrowings	10.87	9.83	9.31	4.83	4.59	5.43
Total Interest Expense	120.82	100.45	66.22	18.34	9.55	19.13
Net Interest Income	266.48	190.59	190.43	200.58	160.83	155.24
Net Interest Income Growth (YoY)	43.92%	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	1.82	38.32	-	-	1.4	-
Gain (Loss) on Sale of Investments	-	-34.79	0.04	0.56	2.25	4.08
Other Non-Interest Income	32.03	28.99	34.61	33.22	29.5	25.15
Total Non-Interest Income	64.96	62.66	60.26	59.13	59.46	54.47
Non-Interest Income Growth (YoY)	1.27%	3.98%	1.91%	-0.55%	9.16%	19.72%
Revenues Before Loan Losses	331.44	253.25	250.69	259.72	220.29	209.72
Provision for Loan Losses	17.83	2.78	2.55	6.35	-6.5	17.55
Revenue	313.62	250.48	248.14	253.37	226.79	192.17
Revenue Growth (YoY)	26.89%	0.94%	-2.06%	11.72%	18.02%	3.65%
Salaries and Employee Benefits	96.55	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	28.3	28.3	24.67	22.34	34.12	30.59
Other Non-Interest Expense	39.09	19.91	19.57	19.58	19.64	16.23
Total Non-Interest Expense	183.83	146.38	144.5	142.07	124.01	117.12
EBT Excluding Unusual Items	129.79	104.1	103.65	111.3	102.79	75.04
Pretax Income	124.94	104.1	103.65	99.18	102.79	75.04
Income Tax Expense	24.77	20.29	17.76	17.35	18.65	12.83
Net Income	100.16	83.81	85.89	81.83	84.14	62.21
Net Income to Common	100.16	83.81	85.89	81.83	84.14	62.21
Net Income Growth	21.99%	-2.42%	4.96%	-2.75%	35.25%	5.04%
Basic Shares Outstanding	35	30	30	29	27	27
Diluted Shares Outstanding	35	30	30	29	27	27
Shares Change (YoY)	17.58%	0.33%	0.32%	11.03%	-0.01%	2.77%
EPS (Basic)	2.87	2.83	2.91	2.78	3.17	2.34
EPS (Diluted)	2.87	2.83	2.91	2.78	3.17	2.34
EPS Growth	3.79%	-2.74%	4.63%	-12.40%	35.47%	2.18%
Dividend Per Share	1.160	1.100	1.020	0.940	0.860	0.780
Dividend Growth	7.41%	7.84%	8.51%	9.30%	10.26%	11.43%
Effective Tax Rate	19.83%	19.49%	17.13%	17.50%	18.14%	17.10%

Updated Oct 27, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q