German American Bancorp, Inc. (FRA:GAB)

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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	294.69	240.24	212.52	169.16	139.15	151.66
Interest Income on Investments	59.17	50.8	44.14	49.77	31.23	22.71
Total Interest Income	353.86	291.04	256.66	218.93	170.38	174.37
Interest Paid on Deposits	103.91	90.62	56.92	13.51	4.96	13.7
Interest Paid on Borrowings	10.6	9.83	9.31	4.83	4.59	5.43
Total Interest Expense	114.51	100.45	66.22	18.34	9.55	19.13
Net Interest Income	239.35	190.59	190.43	200.58	160.83	155.24
Net Interest Income Growth (YoY)	29.99%	0.08%	-5.06%	24.72%	3.60%	6.90%
Trust Income	15.27	14.42	11.71	10.08	10.32	8.01
Gain (Loss) on Sale of Assets	-	38.32	-	-	1.4	-
Gain (Loss) on Sale of Investments	0.07	-34.79	0.04	0.56	2.25	4.08
Other Non-Interest Income	27.11	28.99	34.61	33.22	29.5	25.15
Total Non-Interest Income	59.49	62.66	60.26	59.13	59.46	54.47
Non-Interest Income Growth (YoY)	-8.68%	3.98%	1.91%	-0.55%	9.16%	19.72%
Revenues Before Loan Losses	298.84	253.25	250.69	259.72	220.29	209.72
Provision for Loan Losses	17.75	2.78	2.55	6.35	-6.5	17.55
Revenue	281.09	250.48	248.14	253.37	226.79	192.17
Revenue Growth (YoY)	13.87%	0.94%	-2.06%	11.72%	18.02%	3.65%
Salaries and Employee Benefits	90.89	78.28	80.12	79.66	66.1	66.03
Occupancy Expenses	17.13	14.94	14.47	14.92	-	-
Federal Deposit Insurance	3.26	2.91	2.83	1.86	1.42	0.74
Amortization of Goodwill & Intangibles	5.8	2.03	2.84	3.71	2.73	3.54
Selling, General & Administrative	32.81	28.3	24.67	22.34	34.12	30.59
Other Non-Interest Expense	23.32	19.91	19.57	19.58	19.64	16.23
Total Non-Interest Expense	173.2	146.38	144.5	142.07	124.01	117.12
EBT Excluding Unusual Items	107.89	104.1	103.65	111.3	102.79	75.04
Pretax Income	106.83	104.1	103.65	99.18	102.79	75.04
Income Tax Expense	20.69	20.29	17.76	17.35	18.65	12.83
Net Income	86.14	83.81	85.89	81.83	84.14	62.21
Net Income to Common	86.14	83.81	85.89	81.83	84.14	62.21
Net Income Growth	4.40%	-2.42%	4.96%	-2.75%	35.25%	5.04%
Basic Shares Outstanding	33	30	30	29	27	27
Diluted Shares Outstanding	33	30	30	29	27	27
Shares Change (YoY)	11.08%	0.33%	0.32%	11.03%	-0.01%	2.77%
EPS (Basic)	2.62	2.83	2.91	2.78	3.17	2.34
EPS (Diluted)	2.62	2.83	2.91	2.78	3.17	2.34
EPS Growth	-6.02%	-2.74%	4.63%	-12.40%	35.47%	2.18%
Dividend Per Share	1.140	1.100	1.020	0.940	0.860	0.780
Dividend Growth	7.55%	7.84%	8.51%	9.30%	10.26%	11.43%
Effective Tax Rate	19.37%	19.49%	17.13%	17.50%	18.14%	17.10%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.