GERMAN AMERICAN BANCORP, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $487.4M | $353.7M | $316.9M | $278.1M | — |
| Interest expense | — | — | $66.2M | $18.3M | $9.5M |
| Pretax income | $140.1M | $104.1M | $103.6M | $99.2M | $102.8M |
| Income tax expense | $27.4M | $20.3M | $17.8M | $17.4M | $18.6M |
| Net income | $112.6M | $83.8M | $85.9M | $81.8M | $84.1M |
| Balance Sheet | |||||
| Total assets | $8.4B | $6.3B | $6.2B | $6.2B | $5.6B |
| Total liabilities | $7.2B | $5.6B | $5.5B | $5.6B | $4.9B |
| Total debt | $187.2M | $215.5M | $199.8M | $210.2M | $157.0M |
| Stockholders' equity | $1.2B | $715.1M | $663.6M | $558.4M | $668.5M |
| Cash Flow Statement | |||||
| Cash from operations | $159.3M | $95.8M | $107.2M | $110.0M | $100.8M |
| Depreciation and amortization | $9.0M | $6.9M | $6.6M | $6.6M | $5.8M |
| Stock-based compensation | $2.9M | $2.9M | $2.3M | $2.3M | $1.7M |
| Capital expenditure | $5.3M | $5.0M | $5.7M | $7.9M | $4.7M |
| Free cash flow | $154.0M | $90.7M | $101.5M | $102.2M | $96.2M |
| Dividends paid | $43.3M | $31.8M | $29.4M | $27.0M | $22.2M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 37.6M · Free float 96.8%
Annual filing data through FY ended December 31, 2025; float as of July 9, 2026.