German American Bancorp, Inc.

GABC ·Financial, Banks - Regional, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Revenue $487.4M $353.7M $316.9M $278.1M $220.3M $209.7M $190.7M $151.7M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $140.1M $104.1M $169.9M $117.5M $112.3M $94.2M $102.5M $75.2M
Operating Margin 28.7% 29.4% 53.6% 42.3% 51.0% 44.9% 53.7% 49.6%
Interest Expense $66.2M $18.3M $9.5M $19.1M $31.2M $19.1M
Pretax Income $140.1M $104.1M $103.6M $99.2M $102.8M $75.0M $71.2M $56.1M
Income Tax Expense $27.4M $20.3M $17.8M $17.4M $18.6M $12.8M $12.0M $9.5M
Net Income $112.6M $83.8M $85.9M $81.8M $84.1M $62.2M $59.2M $46.5M
Net Margin 23.1% 23.7% 27.1% 29.4% 38.2% 29.7% 31.1% 30.7%
EPS (Basic) $3.06 $2.83 $2.91 $2.78 $3.17 $2.34 $2.29 $1.99
EPS (Diluted) $3.06 $2.83 $2.91 $2.78 $3.17 $2.34 $2.29 $1.99
Shares Outstanding (Basic) 36.8M 29.7M 29.6M 29.5M 26.5M 26.5M 25.8M 23.4M
Shares Outstanding (Diluted) 36.8M 29.7M 29.6M 29.5M 26.5M 26.5M 25.8M 23.4M
Dividends Per Share $1.16 $1.08 $1.00 $0.92 $0.84 $0.76 $0.68 $0.60
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