GABC
German American Bancorp Inc
NASDAQ: GABC · FINANCIAL SERVICES · BANKS - REGIONAL
$43.72
+0.55% today
Updated 2026-05-06
Market cap
$1.60B
P/E ratio
14.23
P/S ratio
4.33x
EPS (TTM)
$3.00
Dividend yield
2.76%
52W range
$36 – $45
Volume
0.2M
German American Bancorp Inc (GABC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $79.59M | $87.97M | $86.06M | $79.59M | $81.14M | $101.74M | $98.97M | $99.29M | $104.32M | $109.06M | $135.38M | $142.88M | $170.82M | $221.97M | $228.84M | $229.84M | $278.06M | $316.92M | $315.38M | $487.40M |
| Revenue growth (YoY) | — | +10.5% | -2.2% | -7.5% | +1.9% | +25.4% | -2.7% | +0.3% | +5.1% | +4.5% | +24.1% | +5.5% | +19.6% | +29.9% | +3.1% | +0.4% | +21.0% | +14.0% | -0.5% | +54.5% |
| Cost of revenue | $28.32M | $37.24M | $30.90M | $22.97M | $20.75M | $22.98M | $13.32M | $7.50M | $6.20M | $6.07M | $9.66M | $12.87M | $21.21M | $36.57M | $36.68M | $3.05M | $24.69M | $68.77M | $103.23M | $145.38M |
| Gross profit | $51.26M | $50.73M | $55.16M | $56.62M | $60.47M | $78.76M | $85.65M | $91.78M | $98.13M | $103.00M | $125.72M | $130.01M | $149.61M | $185.40M | $192.17M | $226.79M | $253.37M | $248.14M | $212.15M | $342.02M |
| Gross margin | 64.4% | 57.7% | 64.1% | 71.1% | 74.5% | 77.4% | 86.5% | 92.4% | 94.1% | 94.4% | 92.9% | 91.0% | 87.6% | 83.5% | 84.0% | 98.7% | 91.1% | 78.3% | 67.3% | 70.2% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $23.76M | $23.67M | $23.06M | $25.72M | $23.52M | $29.46M | $30.20M | $32.53M | $33.82M | $36.19M | $45.11M | $47.60M | $52.34M | $64.42M | $68.85M | $69.99M | $86.00M | $86.07M | $85.17M | $127.38M |
| Operating income | $14.21M | $13.51M | $18.44M | $16.23M | $19.03M | $27.98M | $34.72M | $36.88M | $40.41M | $41.67M | $49.13M | $52.21M | $56.06M | $71.24M | $75.04M | $102.78M | $99.18M | $103.65M | $104.10M | $140.07M |
| Operating margin | 17.8% | 15.4% | 21.4% | 20.4% | 23.5% | 27.5% | 35.1% | 37.1% | 38.7% | 38.2% | 36.3% | 36.5% | 32.8% | 32.1% | 32.8% | 44.7% | 35.7% | 32.7% | 33.0% | 28.7% |
| EBITDA | $17.29M | $16.65M | $21.80M | $19.92M | $22.75M | $33.11M | $39.41M | $41.34M | $45.22M | $45.93M | $53.45M | $56.90M | $62.24M | $79.87M | $84.47M | $111.56M | $109.29M | $113.06M | $113.38M | $140.07M |
| EBITDA margin | 21.7% | 18.9% | 25.3% | 25.0% | 28.0% | 32.5% | 39.8% | 41.6% | 43.3% | 42.1% | 39.5% | 39.8% | 36.4% | 36.0% | 36.9% | 48.5% | 39.3% | 35.7% | 35.9% | 28.7% |
| EBIT | $14.21M | $13.51M | $18.44M | $16.23M | $19.03M | $27.98M | $34.72M | $36.88M | $40.41M | $41.67M | $49.13M | $52.21M | $56.06M | $71.24M | $75.04M | $102.78M | $99.18M | $103.50M | $104.10M | — |
| Interest expense | $27.40M | $33.65M | $26.91M | $19.22M | $15.52M | $16.18M | $10.91M | $7.16M | $6.05M | $6.07M | $8.46M | $11.12M | $19.14M | $31.25M | $19.13M | $9.55M | $18.34M | $66.22M | $100.45M | $125.96M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $10.22M | $9.40M | $12.80M | $12.22M | $13.40M | $20.25M | $24.05M | $25.41M | $28.34M | $30.06M | $35.18M | $40.68M | $46.53M | $59.22M | $62.21M | $84.14M | $81.83M | $85.89M | $83.81M | $112.64M |
| Net income growth (YoY) | — | -8.0% | +36.1% | -4.6% | +9.7% | +51.1% | +18.8% | +5.6% | +11.5% | +6.1% | +17.0% | +15.6% | +14.4% | +27.3% | +5.0% | +35.2% | -2.7% | +5.0% | -2.4% | +34.4% |
| Profit margin | 12.8% | 10.7% | 14.9% | 15.4% | 16.5% | 19.9% | 24.3% | 25.6% | 27.2% | 27.6% | 26.0% | 28.5% | 27.2% | 26.7% | 27.2% | 36.6% | 29.4% | 27.1% | 26.6% | 23.1% |