Financial Snapshot

Revenue
$214.5M
TTM
Gross Margin
Net Earnings
$82.11M
TTM
Current Assets
Current Liabilities
$40.91M
Q3 2024
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$744.6M
Q3 2024
Cash
Q3 2024
P/E
16.43
Nov 29, 2024 EST
Free Cash Flow
$92.01M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Revenue $256.7M $218.9M $170.4M $174.4M $176.5M $133.7M $111.0M $103.4M $81.62M $80.39M $75.67M $77.16M $80.16M
YoY Change 17.23% 28.49% -2.29% -1.19% 31.94% 20.46% 7.42% 26.64% 1.54% 6.23% -1.93% -3.74%

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Revenue $256.7M $218.9M $170.4M $174.4M $176.5M $133.7M $111.0M $103.4M $81.62M $80.39M $75.67M $77.16M $80.16M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

No data

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

No data

Operating Profits/Loss

No data

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.570M $6.648M $5.802M $5.988M $5.773M $4.739M $3.933M $3.774M $3.310M $3.409M $2.910M $2.941M $3.261M $3.700M $3.700M $3.400M $3.100M $3.100M $2.900M $3.200M $3.300M $3.100M $3.000M $2.500M $2.700M $2.200M $1.800M $1.300M $500.0K $600.0K
YoY Change -1.17% 14.58% -3.11% 3.72% 21.82% 20.49% 4.21% 14.02% -2.9% 17.15% -1.05% -9.81% -11.86% 0.0% 8.82% 9.68% 0.0% 6.9% -9.38% -3.03% 6.45% 3.33% 20.0% -7.41% 22.73% 22.22% 38.46% 160.0% -16.67% -33.33%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Interest Expense $66.22M $18.34M $9.549M $19.13M $31.25M $19.14M $11.12M $8.461M $6.068M $6.047M $7.155M $10.91M $16.18M
YoY Change 261.05% 92.08% -50.07% -38.79% 63.27% 72.1% 31.44% 39.44% 0.35% -15.49% -34.43% -32.56%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Pretax Income $103.6M $99.18M $102.8M $75.04M $71.24M $56.06M $52.21M $49.13M $41.67M $40.41M $36.88M $34.72M $27.98M $19.00M $16.20M $18.40M $13.50M $14.20M $13.10M $8.200M $9.400M $11.40M $12.00M $5.700M $12.70M $13.00M $10.10M $8.500M $7.200M $5.100M
YoY Change 4.51% -3.51% 36.97% 5.34% 27.08% 7.37% 6.27% 17.9% 3.11% 9.59% 6.2% 24.13% 47.24% 17.28% -11.96% 36.3% -4.93% 8.4% 59.76% -12.77% -17.54% -5.0% 110.53% -55.12% -2.31% 28.71% 18.82% 18.06% 41.18% 24.39%
Income Tax $17.76M $17.35M $18.65M $12.83M $12.02M $9.528M $11.53M $13.95M $11.61M $12.07M $11.46M $10.67M $7.726M $5.600M $4.000M $5.600M $4.100M $4.000M $3.300M $1.000M $1.300M $2.000M $2.800M $500.0K $3.300M $3.800M $2.900M $2.900M $2.300M $1.600M
% Of Pretax Income 17.13% 17.5% 18.14% 17.1% 16.87% 17.0% 22.09% 28.39% 27.85% 29.86% 31.09% 30.73% 27.62% 29.47% 24.69% 30.43% 30.37% 28.17% 25.19% 12.2% 13.83% 17.54% 23.33% 8.77% 25.98% 29.23% 28.71% 34.12% 31.94% 31.37%
Net Earnings $85.89M $81.83M $84.14M $62.21M $59.22M $46.53M $40.68M $35.18M $30.06M $28.34M $25.41M $24.06M $20.25M $13.40M $12.20M $12.80M $9.400M $10.20M $9.700M $7.200M $8.200M $9.400M $9.200M $5.300M $9.400M $9.200M $7.300M $5.600M $4.800M $3.500M
YoY Change 4.97% -2.75% 35.25% 5.05% 27.28% 14.39% 15.61% 17.03% 6.07% 11.53% 5.65% 18.8% 51.11% 9.84% -4.69% 36.17% -7.84% 5.15% 34.72% -12.2% -12.77% 2.17% 73.58% -43.62% 2.17% 26.03% 30.36% 16.67% 37.14% 20.69%
Net Earnings / Revenue 33.46% 37.38% 49.38% 35.68% 33.56% 34.79% 36.64% 34.04% 36.83% 35.26% 33.58% 31.18% 25.26%
Basic Earnings Per Share $2.91 $2.78 $3.17 $2.34 $2.29 $1.99 $1.77 $1.57 $1.51 $2.15 $1.99 $1.91 $1.61
Diluted Earnings Per Share $2.91 $2.78 $3.17 $2.34 $2.29 $1.99 $1.77 $1.57 $1.51 $2.14 $1.98 $1.90 $1.61 $802.4K $734.9K $775.8K $569.7K $618.2K $595.1K $439.0K $488.1K $519.3K $502.7K $291.2K $508.1K $497.3K $434.5K $440.9K $448.6K $432.1K

Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $106.8M $112.2M $88.90M $96.60M $96.70M $80.60M $54.20M $48.20M $37.80M $39.90M $40.40M $36.60M $37.70M $26.00M $22.20M $22.30M $22.80M $23.20M $20.20M $20.20M $21.60M $22.00M $20.00M $21.10M $21.00M $17.80M $13.20M $11.60M $9.600M $9.400M
YoY Change -4.87% 26.25% -7.97% -0.1% 19.98% 48.71% 12.45% 27.51% -5.26% -1.24% 10.38% -2.92% 45.0% 17.12% -0.45% -2.19% -1.72% 14.85% 0.0% -6.48% -1.82% 10.0% -5.21% 0.48% 17.98% 34.85% 13.79% 20.83% 2.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets $6.152B $6.156B $5.609B $4.978B $4.398B $3.929B $3.144B $2.956B $2.374B $2.237B $2.164B $2.006B $1.874B $1.376B $1.243B $1.191B $1.132B $1.093B $946.5M $942.1M $925.9M $957.0M $1.015B $1.080B $1.057B $896.9M $575.8M $489.4M $367.8M $346.5M
YoY Change
Accounts Payable $36.40M $37.29M $37.40M $43.50M $35.00M $21.40M $20.50M $18.10M $21.70M $22.50M $10.80M $19.30M $19.00M $13.40M $11.70M $12.20M $13.00M $13.50M $12.00M $12.40M $13.10M $13.00M $11.60M $11.70M $11.50M $9.100M $7.200M $4.200M $3.200M $2.100M
YoY Change -2.39% -0.28% -14.02% 24.29% 63.55% 4.39% 13.26% -16.59% -3.56% 108.33% -44.04% 1.58% 41.79% 14.53% -4.1% -6.15% -3.7% 12.5% -3.23% -5.34% 0.77% 12.07% -0.85% 1.74% 26.37% 26.39% 71.43% 31.25% 52.38%
Accrued Expenses $5.337M $6.447M $6.200M $8.300M $9.100M
YoY Change -17.22% 3.98% -25.3% -8.79%
Deferred Revenue
YoY Change
Short-Term Debt $65.97M $101.2M $68.30M $52.90M $43.70M $54.80M $41.50M $46.10M $73.70M $52.40M $15.50M $23.00M $36.50M $42.70M $33.50M $26.10M $27.80M $17.00M $5.500M $12.50M $0.00 $9.200M
YoY Change -34.79% 48.11% 29.11% 21.05% -20.26% 32.05% -9.98% -37.45% 40.65% 238.06% -32.61% -36.99% -14.52% 27.46% 28.35% -6.12% 63.53% -56.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $107.7M $43.74M $43.60M $51.80M $44.10M $21.40M $20.50M $18.10M $21.70M $22.50M $10.80M $19.30M $19.00M $13.40M $11.70M $12.20M $13.00M $13.50M $12.00M $12.40M $13.10M $13.00M $11.60M $11.70M $11.50M $9.100M $7.200M $4.200M $3.200M $2.100M
YoY Change 146.24% 0.32% -15.83% 17.46% 106.07% 4.39% 13.26% -16.59% -3.56% 108.33% -44.04% 1.58% 41.79% 14.53% -4.1% -6.15% -3.7% 12.5% -3.23% -5.34% 0.77% 12.07% -0.85% 1.74% 26.37% 26.39% 71.43% 31.25% 52.38%
Long-Term Debt $77.97M $77.65M $58.90M $58.60M $58.40M $40.00M $14.90M $14.70M $9.200M $13.10M $15.80M $37.90M $39.30M $34.40M $36.00M $18.20M $19.70M $20.00M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.000M $0.00 $0.00
YoY Change 0.42% 31.83% 0.51% 0.34% 46.0% 168.46% 1.36% 59.78% -29.77% -17.09% -58.31% -3.56% 14.24% -4.44% 97.8% -7.61% -1.5% -100.0%
Other Long-Term Liabilities $41.74M
YoY Change
Total Long-Term Liabilities $41.74M $77.65M $58.90M $58.60M $58.40M $40.00M $14.90M $14.70M $9.200M $13.10M $15.80M $37.90M $39.30M $34.40M $36.00M $18.20M $19.70M $20.00M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.000M $0.00 $0.00
YoY Change -46.24% 31.83% 0.51% 0.34% 46.0% 168.46% 1.36% 59.78% -29.77% -17.09% -58.31% -3.56% 14.24% -4.44% 97.8% -7.61% -1.5% -100.0%
Total Liabilities $5.489B $5.598B $4.940B $4.353B $3.824B $3.471B $2.780B $2.626B $2.121B $2.008B $1.964B $1.821B $1.706B $1.254B $1.129B $1.086B $1.035B $1.001B $864.2M $858.4M $842.8M $852.5M $912.9M $982.5M $963.0M $805.6M $513.8M $440.7M $330.8M $313.6M
YoY Change -1.95% 13.31% 13.49% 13.83% 10.18% 24.85% 5.87% 23.77% 5.63% 2.27% 7.82% 6.75% 36.02% 11.07% 4.03% 4.94% 3.36% 15.83% 0.68% 1.85% -1.14% -6.62% -7.08% 2.02% 19.54% 56.79% 16.59% 33.22% 5.48%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

Stock Price

Market Cap: $1.3489 Billion

About GERMAN AMERICAN BANCORP, INC.

German American Bancorp, Inc. is a financial holding company, which engages in owning a trust, brokerage, and financial planning through German American Financial Advisors & Trust Co. and German American Insurance, Inc. The company is headquartered in Jasper, Indiana and currently employs 840 full-time employees. The Company, through its banking subsidiary German American Bank, operates around 74 banking offices in 20 contiguous southern Indiana counties and 14 counties in Kentucky. Its segments include core banking and wealth management services. The core banking segment involves attracting deposits from the general public and using such funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, primarily in the Company’s local markets. The core banking segment also involves the sale of residential mortgage loans in the secondary market. The wealth management services segment involves providing trust, investment advisory, brokerage and retirement planning services to customers. The company operates its insurance business throughout southern Indiana and Kentucky under the name German American Insurance - A Hilb Group Company.

Industry: State Commercial Banks Peers: 1ST SOURCE CORP Dime Community Bancshares, Inc. /NY/ First Foundation Inc. LAKELAND BANCORP INC OCEANFIRST FINANCIAL CORP PNC FINANCIAL SERVICES GROUP, INC. S&T BANCORP INC SOUTHSIDE BANCSHARES INC TOMPKINS FINANCIAL CORP