German American Bancorp
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. German American Bancorp's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 3% to $250,694,000. The net income raised on $85,888,000 and profit margin reached 34%. Total operating expenses were $144,497,000.

Profit Margin

German American Bancorp, Inc. (NASDAQ:GABC): Profit margin
2014 98.27M 28.34M 28.84%
2015 102.99M 30.06M 29.19%
2016 126.91M 35.18M 27.72%
2017 131.76M 40.67M 30.87%
2018 151.68M 46.52M 30.68%
2019 190.72M 59.22M 31.05%
2020 209.71M 62.21M 29.66%
2021 220.29M 84.13M 38.19%
2022 259.71M 81.82M 31.51%
2023 250.69M 85.88M 34.26%

GABC Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
250.69M259.71M220.29M209.71M190.72M151.68M131.76M126.91M102.99M98.27M
Cost of revenue
19.57M23.43M19.63M16.23M15.41M12.78M9.39M9.84M7.66M7.64M
Gross profit
231.12M236.28M200.65M193.48M175.31M138.89M122.36M117.07M95.32M90.63M
Operating exp.
Research and development
0000000000
Selling and marketing
4.85M4.41M4.19M3.58M4.23M3.49M3.54M2.65M3.66M1.97M
Total operating expenses
144.49M10.71M-117.50M-134.67M-119.48M-76.48M6.36M6.32M6.33M4.27M
Operating income
109.31M117.51M102.78M75.04M71.23M75.19M2.64M4.79M4.51M2.01M
Other income (expenses), net
-5.66M-18.34M95.79M-4.27M68.01M-19.13M-1.89M44.33M-1.93M-2.36M
Income before tax
103.64M99.17M102.78M75.04M71.23M56.05M52.21M49.13M41.67M40.41M
Income tax expense
17.75M17.35M18.64M12.83M12.01M9.52M11.53M13.94M11.60M12.06M
Net income
85.88M81.82M84.13M62.21M59.22M46.52M40.67M35.18M30.06M28.34M
Earnings per share
Basic EPS
2.912.783.172.342.291.991.771.571.511.43
Diluted EPS
2.912.783.172.342.291.991.771.571.511.43
Data sourceData sourceData sourceData sourceData sourceData sourceData sourceData sourceData sourceData source