GABC

German American Bancorp, Inc.

$36.88

0.08

(0.22%)

Exchange:	NASDAQ
Market Cap:	1.382B
Shares Outstanding:	5.371M

Overview

Earnings

Financials

Valuation

Chart

About The Company

German American Bancorp, Inc. operates as a bank holding company for German American Bank that provides retail and commercial banking services. The company operates through three segments: Core Banking, Wealth Management Services, and Insurance Operations. The Core Banking segment accepts deposits from the general public; and originates consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, as well as sells residential mortgage loans in the secondary market. The Wealth Management segment provides trust, investment advisory, brokerage, and retirement planning services. The Insurance Operations segment offers a range of personal and corporate property and casualty insurance products. As of December 31, 2021, the company operated 77 banking offices in 19 contiguous southern Indiana counties; and 14 counties in Kentucky. German American Bancorp, Inc. was founded in 1910 and is based in Jasper, Indiana.

Click to read more…

Revenue Segmentation

Error loading geo segmentation data: No data found for the specified symbol.

EPS

View full analyst estimates

Earnings Call

No transcript or summary available for this symbol.

Income Statement

Balance Sheet

Cash Flow Statement

Analyst Estimates

Income Statement

(* All numbers are in thousands)

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
? Revenue	102,996	126,917	131,763	151,680	190,726	209,717	220,292	259,717	250,694	291,043
? Cost Of Revenue	7,667	9,840	9,399	12,789	15,416	16,232	19,639	23,437	19,573	0
? Gross Profit	95,329	117,077	122,364	138,891	175,310	193,485	200,653	236,280	231,121	291,043
? Research And Development Expenses	0	0	0	0	0	0	0	0	0	0
? General And Administrative Expenses	36,186	45,112	47,596	51,306	64,418	68,112	69,989	86,005	86,073	0
? Selling And Marketing Expenses	3,669	2,657	3,543	3,492	4,230	3,589	4,197	4,416	4,857	0
? Operating Expenses	6,330	6,329	6,360	-76,484	-119,487	-134,673	-117,507	10,711	144,497	0
? Net Interest Income	0	0	0	0	0	0	0	0	0	0
? Interest Income	81,620	103,365	111,030	133,749	176,474	174,369	170,379	218,926	256,656	0
? Interest Expense	6,068	8,461	11,121	19,139	31,249	19,126	9,549	18,342	66,223	100,452
? Depreciation And Amortization	790	4,836	4,875	6,491	9,494	9,527	8,533	10,359	9,560	0
? EBITDA	0	0	0	62,241	80,733	84,473	111,555	109,292	113,057	0
? EBIT
? Operating Income	4,515	4,798	2,641	75,196	71,239	75,044	102,785	117,518	109,316	0
? Income Before Tax	41,670	49,130	52,210	56,057	71,239	75,044	102,785	99,176	103,647	104,099
? Income Tax Expense	11,606	13,946	11,534	9,528	12,017	12,834	18,648	17,351	17,759	20,288
? Net Income From Continuing Operations
? Net Income	30,064	35,184	40,676	46,529	59,222	62,210	84,137	81,825	85,888	83,811
? EPS (Earnings Per Share)	1.510	1.570	1.770	1.990	2.290	2.340	3.170	2.780	2.910	2.830
? EPS Diluted	1.510	1.570	1.770	1.990	2.290	2.340	3.170	2.780	2.910	2.830
? Weighted Average Shares Outstanding	19,882.503	22,389.136	22,924.726	23,381.616	25,824.538	26,539.024	26,537.311	29,464.591	29,557.567	29,656.416
? Weighted Average Shares Outstanding Diluted	19,888.374	22,391.115	22,924.726	23,381.616	25,824.538	26,539.024	26,537.311	29,464.591	29,557.567	29,656.416
	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD

Balance Sheet

(* All numbers are in thousands)

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
? Cash And Cash Equivalents	33,581	36,062	48,467	58,233	64,549	59,971	57,972	47,173	77,174	79,305
? Short Term Investments	8,965	15,947	16,349	12,126	32,251	45,898	289,017	350,462	42,405	36,025
? Cash And Short Term Investments	664,576	673,902	758,253	799,227	877,410	105,869	346,989	397,635	119,579	115,330
? Net Receivables	22,031	21,978	25,917	30,451	35,325	0	0	0	0	0
? Accounts Receivables
? Inventory	0	0	0	0	0	-124,719	-367,592	-417,864	-271,289	0
? Total Current Assets	1,543,380	1,676,129	2,141,085	2,292,960	2,921,856	150,079	390,979	441,150	119,579	115,330
? Property Plant Equipment Net	39,930	37,817	48,230	54,246	80,627	96,651	96,593	88,863	112,237	106,776
? Goodwill	20,536	20,536	54,058	54,058	103,681	121,306	121,956	121,761	180,357	180,357
? Intangible Assets	2,074	1,284	2,835	2,102	9,962	10,790	8,984	5,845	9,426	6,307
? Long Term Investments	640,144	653,882	726,135	753,120	845,215	901,076	1,507,222	2,240,432	1,804,427	3,157,992
? Total Non Current Assets	693,719	697,572	814,909	851,400	1,007,234	1,131,689	1,734,755	2,456,901	2,106,447	5,969,248
? Total Assets	2,233,922	2,373,701	2,955,994	3,144,360	3,929,090	4,396,598	4,977,577	5,608,539	6,155,991	6,152,198
? Account Payables	22,450	21,654	18,062	20,521	21,409	44,145	51,809	43,581	43,741	0
? Short Term Debt	186,039	178,286	91,500	174,228	281,368	124,000	0	0	25,000	0
? Deferred Revenue	0	0	-785,258	-153,707	-259,959	0	-11,068	-26,482	0	0
? Total Current Liabilities	111,550	125,654	109,562	20,521	21,409	168,145	51,809	43,581	68,741	7,073
? Long Term Debt	20,025	95,037	66,057	100,988	95,041	181,950	141,624	83,855	102,645	106,531
? Deferred Revenue Non Current	0	0	0	0	0	0	0	0	0	0
? Deferred Tax Liabilities Non Current	0	0	0	0	0	0	0	0	0	0
? Total Non Current Liabilities	64,591	95,606	120,560	275,216	376,409	349,686	194,529	152,183	68,741	5,481,567
? Total Liabilities	2,005,098	2,121,353	2,625,727	2,779,789	3,470,450	3,822,778	4,352,868	4,940,080	5,597,598	5,488,640
? Treasury Stock
? Preferred Stock	0	0	0	0	0	0	0	0	0	0
? Common Stock	121,876	123,424	187,005	22,934	254,314	305,625	300,887	302,611	416,664	29,585
? Retained Earnings	104,058	125,112	149,666	178,969	211,424	253,090	288,447	350,364	405,167	461,622
? Additional Paid In Capital
? Total Stockholders Equity	228,824	252,348	330,267	364,571	458,640	573,820	624,709	668,459	558,393	663,558
? Total Equity	228,824	252,348	330,267	364,571	458,640	573,820	624,709	668,459	558,393	663,558
? Minority Interest	0	0	0	0	0	0	0	0	0	0
? Total Liabilities And Total Equity	2,233,922	2,373,701	2,955,994	3,144,360	3,929,090	4,396,598	4,977,577	5,608,539	6,155,991	6,152,198
? Total Investments	1,262,174	1,275,775	1,419,572	1,481,988	1,625,575	946,974	1,796,239	2,590,894	1,846,832	3,194,017
? Total Debt	206,064	273,323	258,114	275,216	376,409	349,686	194,529	152,183	228,806	127,969
? Net Debt	172,483	237,261	209,647	216,983	311,860	289,715	136,557	105,010	151,632	48,664
	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD

Cash Flow Statement

(* All numbers are in thousands)

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
? Net Income	28,344	30,064	35,184	40,676	46,529	59,222	62,210	84,137	81,825	85,888
? Depreciation And Amortization	4,810	4,264	4,315	4,687	6,184	8,630	9,429	8,770	10,116	9,560
? Deferred Income Tax	-1,116	-643	-251	2,493	1,895	2,862	9,501	-8,736	0	0
? Stock Based Compensation	627	963	1,407	1,246	1,355	1,287	1,051	1,724	2,330	2,332
? Change In Working Capital	-162	-1,156	3,266	-4,638	2,049	2,886	1,508	1,531	532	552
? Accounts Receivables	-10,119	172	5,813	-4,528	2,211	-1,602	-2,925	2,716	-1,094	3,725
? Inventory	0	0	0	0	-2,921,856	-4,488	-4,433	1,185	-1,626	0
? Accounts Payables	9,957	-1,328	-2,547	-110	-162	4,488	4,433	-1,185	1,626	-3,173
? Net Cash Provided By Operating Activities	36,428	31,267	41,913	54,875	62,331	65,229	92,418	100,844	110,036	107,234
? Investments In Property Plant And Equipment	-3,053	-1,614	-5,234	-11,183	-15,186	-9,374	-7,071	-4,686	-7,852	-5,745
? Acquisitions Net	0	0	-1,016	-153,771	25,134	5,545	-3,058	1,694	207,764	0
? Purchases Of Investments	-151,740	-116,942	-226,456	-156,802	-140,604	-169,640	-664,989	-1,020,695	-417,940	-183,302
? Sales Maturities Of Investments	138,983	109,890	270,490	129,414	169,727	197,766	326,818	319,776	289,150	401,343
? Net Cash Provided By Investing Activities	0	0	0	0	0	0	0	0	0	0
? Net Debt Issuance	0	0	0	0	0	0	0	0	0	0
? Long Term Net Debt Issuance	0	0	0	0	0	0	0	0	0	0
? Short Term Net Debt Issuance	0	0	0	0	0	0	0	0	0	0
? Net Stock Issuance	0	0	0	0	0	0	0	0	0	0
? Net Dividends Paid	-8,450	-9,010	-10,630	-11,842	-14,074	-17,556	-20,136	-22,220	-27,022	-29,433
? Common Dividends Paid
? Preferred Dividends Paid	0	0	0	0	0	0	0	0	0	0
? Net Cash Provided By Financing Activities	24,383	105,225	42,583	139,948	2,658	-88,557	495,524	590,597	-363,666	-136,540
? Effect Of Forex Changes On Cash	0	0	0	0	0	0	0	0	0	0
? Net Change In Cash	-17,686	9,563	12,807	5,543	26,191	7,334	241,864	51,142	-277,811	-2,051
? Cash At End Of Period	42,446	52,009	64,816	70,359	96,550	103,884	345,748	396,890	119,079	115,330
? Cash At Beginning Of Period	60,132	42,446	52,009	64,816	70,359	96,550	103,884	345,748	396,890	117,381
? Operating Cash Flow	36,428	31,267	41,913	54,875	62,331	65,229	92,418	100,844	110,036	107,234
? Capital Expenditure	-3,053	-1,614	-5,234	-11,183	-15,186	-9,374	-7,071	-4,686	-7,852	-5,745
? Free Cash Flow	33,375	29,653	36,679	43,692	47,145	55,855	85,347	96,158	102,184	101,489
	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD

Analyst Estimates

(* All numbers are in thousands)

Fiscal Year	2022	2023	2024	2025	2026
Estimated Revenue (Low)	260,036.750	257,238.029	253,388.758	341,456.410	368,514
Estimated Revenue (High)	271,149.471	257,340.636	253,798.441	357,649.189	382,401.357
Estimated Revenue (Avg)	265,149.999	257,289.333	253,593.600	349,552.800	376,055.600
Estimated Ebitda (Low)	79,540.123	89,216.212	111,707.565	150,532.583	162,461.042
Estimated Ebitda (High)	119,310.187	133,824.321	111,888.176	157,671.241	168,583.345
Estimated Ebitda (Avg)	99,425.155	111,520.267	111,797.870	154,101.912	165,785.790
Estimated Net Income (Low)	55,938.469	68,710.398	79,155.349	62,275.806	101,812.852
Estimated Net Income (High)	83,907.705	103,065.600	82,647.392	103,793.011	113,125.588
Estimated Net Income (Avg)	69,923.087	85,888	80,901.371	83,034.409	107,469.220
Estimated SGA Expense (Low)	74,023.204	85,209.496	93,516.875	126,019.547	136,005.552
Estimated SGA Expense (High)	111,034.806	127,814.245	93,668.075	131,995.732	141,130.887
Estimated SGA Expense (Avg)	92,529.005	106,511.871	93,592.475	129,007.640	138,788.891
Estimated EPS (Avg)	2.790	2.850	2.710	2.910	3.670
Estimated EPS (High)	2.870	2.860	2.790	3.500	3.810
Estimated EPS (Low)	2.720	2.840	2.670	2.100	3.430
Number of Analysts (Estimated Revenue)	1	3	4	4	3
Number of Analysts (Estimated EPS)	2	4	5	5	4

Subscribe

Log in

Current Key Metrics

?	Revenue (TTM) :	353.052M	?	P/S (TTM) :	4.04
?	Net Income (TTM) :	83.811M	?	P/E (TTM) :	16.98
?	Enterprise Value (TTM) :	1.519B	?	EV/FCF (TTM) :	14.47
?	Dividend Yield (TTM) :	0.03	?	Payout Ratio (TTM) :	0.46
?	ROE (TTM) :	0.09	?	ROIC (TTM) :	0.06
?	Net Debt (TTM) :	145.366M	?	Debt/Equity (TTM) :	0.21
?	P/B (TTM) :	1.22	?	Current Ratio (TTM) :	0.17

Forward P/E Ratios

?

Forward P/E calculated based on:

Forward P/E 1Y	Forward P/E 2Y	Forward P/E 3Y	Forward P/E 4Y	Forward P/E 5Y
13.22	12.94	13.61	12.67	10.05

SWOT Analysis

No SWOT analysis available for this stock.

GABC

0.22

3.08

-0.16

-0.94

-7.07

13.98

27.58

Trading Metrics:

Open:	37.07	Previous Close:	36.8
Day Low:	36.69	Day High:	37.4
Year Low:	32.75	Year High:	47.08
Price Avg 50:	37.69	Price Avg 200:	39.76
Volume:	448730	Average Volume:	126188