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Companies / Financials / German American Bancorp, Inc.
GABC

German American Bancorp, Inc.

FinancialsBanks & Brokers
Ticker GABCJASPER, INFiscal year ends DecemberBook value per share $30.73Diluted shares 37.6M

German American Bancorp, Inc. (Nasdaq: GABC) is a financial holding company whose principal business is community banking through German American Bank. It attracts deposits and uses them to make consumer, commercial and agricultural, commercial real estate, agricultural real estate, and residential mortgage loans,… From the company’s description.

Over the twelve months to Sep 30, 2026, German American Bancorp, Inc. reported revenue of $394.24M, up 19.2% from a year earlier, and net income of $145.64M. Its pre-tax margin was 46.2%. In fiscal 2025, it reported revenue of $361.44M, up 42.7% from fiscal 2024, and net income of $112.64M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$361.44MFY2025
+42.7% year over year
Last 12 mo $394.24M
38.75%FY2025
−2.4 percentage points
Last 12 mo 46.22%
$112.64MFY2025
+34.4% year over year
Last 12 mo $145.64M
9.69%FY2025
−2 percentage points
Last 12 mo 12.62%
Cash & financing
$159.32MFY2025
+66.4% year over year
Last 12 mo $171.09M
$154.00MFY2025
+69.8% year over year
Last 12 mo $163.70M
6.17FY2025
Was 7.75× a year earlier
Last 12 mo 6.24
36.8MFY2025
+24.1% year over year
Last 12 mo 37.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What German American Bancorp, Inc. does

In the company’s own words

German American Bancorp, Inc. (Nasdaq: GABC) is a financial holding company whose principal business is community banking through German American Bank. It attracts deposits and uses them to make consumer, commercial and agricultural, commercial real estate, agricultural real estate, and residential mortgage loans, including loans sold in the secondary market. The company also provides trust, investment advisory, brokerage and retirement planning services through its wealth management operations and investment brokerage subsidiary. Its banking offices serve customers across central and southern Indiana, northern, central and western Kentucky, and central and southwestern Ohio; in Columbus and Greater Cincinnati, it operates as Heartland Bank, a Division of German American Bank. German American acquired Heartland BancCorp in February 2025, adding 20 Ohio banking offices. At December 31, 2025, the company operated 94 banking offices, and it employed approximately 984 full-time equivalent employees in February 2026.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
JASPER, IN
Fiscal year end
December
CIK
714395
SIC
6022

Financial performance, year by year

Fiscal 2011–2025 · USD
$-39.42M$78.85M$197.12M$315.39M$433.66M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns German American Bancorp, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

192
funds hold it
0 of 35
superinvestors hold it
$504.45M
held by funds, at market
29.6%
of shares held by funds

Largest fund holders · German American Bancorp, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Franklin Small Cap Value Fund
FRVLX · Franklin Value Investors Trust
—of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.06%of fund net assets
Schwab U.S. Dividend Equity ETF
SCHD · SCHWAB STRATEGIC TRUST
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do German American Bancorp, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of German American Bancorp, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in German American Bancorp, Inc.'s last four quarterly filings that the numbers alone won't show?”
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