German American Bancorp financials
$48.82−1.07%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $487.4M | $353.7M | $316.9M | $278.1M | $229.8M | $228.8M | $222.0M | $170.8M | $142.9M | $135.4M |
| Gross profit | $361.4M | $253.3M | $250.7M | $259.7M | $220.3M | $209.7M | $190.7M | $151.7M | $131.8M | $126.9M |
| Gross margin | 74.2% | 71.6% | 79.1% | 93.4% | 95.8% | 91.6% | 85.9% | 88.8% | 92.2% | 93.8% |
| Operating income | $140.1M | $104.1M | $103.6M | $99.2M | $102.8M | $75.0M | $71.2M | $56.1M | $52.2M | $49.1M |
| Net income | $112.6M | $83.8M | $85.9M | $81.8M | $84.1M | $62.2M | $59.2M | $46.5M | $40.7M | $35.2M |
| Net margin | 23.1% | 23.7% | 27.1% | 29.4% | 36.6% | 27.2% | 26.7% | 27.2% | 28.5% | 26.0% |
| Diluted EPS | $3.06 | $2.83 | $2.91 | $2.78 | $3.17 | $2.34 | $2.29 | $1.99 | $1.77 | $1.57 |
| EBITDA | $140.1M | $104.1M | $103.6M | $99.2M | $102.8M | $75.0M | $71.2M | $56.1M | $52.2M | $49.1M |
| Operating cash flow | $159.3M | $95.8M | $107.2M | $110.0M | $100.8M | $92.4M | $65.2M | $62.3M | $54.6M | $41.7M |
| Free cash flow | $154.0M | $90.7M | $101.5M | $102.2M | $98.1M | $89.3M | $57.6M | $47.5M | $43.5M | $36.5M |
| Diluted shares | 36.8M | 29.7M | 29.6M | 29.5M | 26.5M | 26.5M | 25.8M | 23.4M | 22.9M | 22.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $71.4M | $69.2M | $78.8M | $75.5M | $47.2M | $58.0M |
| Short-term investments | $1.72B | $1.65B | $1.65B | $1.82B | $2.25B | $1.52B |
| Total debt | $182.7M | $210.1M | $193.9M | $203.8M | $152.2M | $194.5M |
| Total assets | $8.39B | $6.30B | $6.15B | $6.16B | $5.61B | $4.98B |
| Total liabilities | $7.23B | $5.58B | $5.49B | $5.60B | $4.94B | $4.35B |
| Shareholders' equity | $1.16B | $715.1M | $663.6M | $558.4M | $668.5M | $624.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology