German American Bancorp, Inc. - Understand $gabc stock

$GABC Market Cap: $1.349 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

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

$6.261B

Q3 2024

Total Liabilities

$5.516B

Q3 2024

Book Value

$744.6M

Q3 2024

Cash

$195.6M

Q3 2024

P/E

16.43

Nov 29, 2024 EST

Free Cash Flow

$92.01M

TTM

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

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
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

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

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 %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
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

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

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

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

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	29.56M shares	29.46M shares	26.54M shares	26.54M shares	25.82M shares	23.38M shares	22.92M shares	22.39M shares	19.88M shares	13.20M shares	12.79M shares	12.62M shares	12.58M shares
Diluted Shares Outstanding	29.56M shares	29.46M shares	26.54M shares	26.54M shares	25.82M shares	23.38M shares	22.92M shares	22.39M shares	19.89M shares	13.22M shares	12.81M shares	12.64M shares	12.59M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

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