German American Bancorp (GABC) Financial Statements & Analysis

German American Bancorp (GABC) Income Statement

German American Bancorp reported revenue of $361.44M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 44.3% from $250.48M a year earlier. Net income was $112.64M, up 34.4% year over year, a net margin of 31.2%. Gross margin was 94.6% and operating margin 38.8%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $126.93M, up 41.2% from the same quarter a year earlier.

German American Bancorp Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

German American Bancorp, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	361.44	250.48	250.69	253.37	229.84	228.84	221.98	170.82	142.88
Cost of Revenue	145.38	103.23	68.77	24.69	3.05	36.68	36.57	21.21	12.87
Gross Profit	342.02	212.15	248.14	253.37	226.79	192.17	185.40	149.61	130.01
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	116.70	42.18	90.93	42.90	74.19	72.44	68.65	55.83	51.14
Operating Expenses	201.95	108.05	144.50	154.19	124.01	117.12	114.16	93.55	77.80
Operating Income	140.07	104.10	103.65	99.18	102.79	75.04	71.24	56.06	52.21
Other Income/Expense
Interest Income	420.09	291.04	256.66	218.93	170.38	174.37	176.47	133.75	111.03
Interest Expense	125.96	100.45	66.22	18.34	9.55	19.13	31.25	19.14	11.12
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	140.07	104.10	103.65	99.18	102.79	75.04	71.24	56.06	52.21
Income Tax Expense	27.44	20.29	17.76	17.35	18.65	12.83	12.02	9.53	11.53
Net Income	112.64	83.81	85.89	81.83	84.14	62.21	59.22	46.53	40.68
Net Income - Continuous Operations	112.64	83.81	85.89	81.83	84.14	62.21	59.22	46.53	40.68
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	158.78	9.28	113.06	10.12	111.56	84.47	79.87	62.24	56.90
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	10.15	9.28	2.84	10.12	8.77	9.43	8.63	6.18	4.69
Earnings Per Share
Basic EPS	3.00	3.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00
Diluted EPS	3.00	3.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00
Basic Shares Outstanding	36.80	29.66	29.56	29.46	26.54	26.54	25.83	23.38	22.93
Diluted Shares Outstanding	36.80	29.66	29.56	29.46	26.54	26.54	25.83	23.38	22.93

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About German American Bancorp Financial Statements

What was German American Bancorp's revenue in fiscal 2025?

German American Bancorp reported revenue of $361.44M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 44.3% from $250.48M a year earlier.

Is German American Bancorp profitable?

Yes. German American Bancorp earned net income of $112.64M in fiscal 2025, a net margin of 31.2%. In fiscal 2024 it earned $83.81M.

What is German American Bancorp's operating margin?

German American Bancorp's operating income was $140.07M on revenue of $361.44M in fiscal 2025, an operating margin of 38.8%, compared with 41.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition