German American Bancorp (GABC) Revenue & Revenue Breakdown


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German American Bancorp Revenue Highlights


Latest Revenue (Y)

$316.92M

Latest Revenue (Q)

$71.58M

Main Segment (Y)

Interchange Fee Income

Main Geography (Y)

Wealth Management Services

German American Bancorp Revenue by Period


German American Bancorp Revenue by Year

DateRevenueChange
2023-12-31$316.92M22.02%
2022-12-31$259.72M17.90%
2021-12-31$220.29M5.04%
2020-12-31$209.72M9.96%
2019-12-31$190.73M25.74%
2018-12-31$151.68M15.12%
2017-12-31$131.76M3.82%
2016-12-31$126.92M23.23%
2015-12-31$103.00M4.80%
2014-12-31$98.28M6.67%
2013-12-31$92.13M4.63%
2012-12-31$88.06M2.92%
2011-12-31$85.56M30.39%
2010-12-31$65.61M8.68%
2009-12-31$60.37M2.07%
2008-12-31$59.15M8.89%
2007-12-31$54.32M5.30%
2006-12-31$51.59M11.16%
2005-12-31$46.41M13.58%
2004-12-31$40.86M-3.79%
2003-12-31$42.47M2.47%
2002-12-31$41.45M-1.14%
2001-12-31$41.92M15.76%
2000-12-31$36.22M-5.93%
1999-12-31$38.50M41.54%
1998-12-31$27.20M21.43%
1997-12-31$22.40M35.76%
1996-12-31$16.50M3.13%
1995-12-31$16.00M12.68%
1994-12-31$14.20M12.70%
1993-12-31$12.60M-

German American Bancorp generated $316.92M in revenue during NA 2023, up 22.02% compared to the previous quarter, and up 208.94% compared to the same period a year ago.

German American Bancorp Revenue by Quarter

DateRevenueChange
2024-06-30$71.58M-14.87%
2024-03-31$84.08M1.79%
2023-12-31$82.61M25.84%
2023-09-30$65.64M3.94%
2023-06-30$63.15M1711.13%
2023-03-31$3.49M-94.72%
2022-12-31$66.05M0.39%
2022-09-30$65.80M1.57%
2022-06-30$64.78M2.66%
2022-03-31$63.10M13.28%
2021-12-31$55.70M-2.01%
2021-09-30$56.84M5.69%
2021-06-30$53.78M-0.35%
2021-03-31$53.97M-5.04%
2020-12-31$56.83M9.99%
2020-09-30$51.67M1.54%
2020-06-30$50.88M1.08%
2020-03-31$50.34M-0.70%
2019-12-31$50.69M0.12%
2019-09-30$50.63M14.69%
2019-06-30$44.15M-2.43%
2019-03-31$45.25M5.93%
2018-12-31$42.72M13.88%
2018-09-30$37.51M3.19%
2018-06-30$36.35M3.56%
2018-03-31$35.10M6.22%
2017-12-31$33.05M-0.43%
2017-09-30$33.19M1.78%
2017-06-30$32.61M-0.92%
2017-03-31$32.91M-1.00%
2016-12-31$33.25M0.92%
2016-09-30$32.94M0.67%
2016-06-30$32.73M16.87%
2016-03-31$28.00M8.27%
2015-12-31$25.86M-2.83%
2015-09-30$26.62M7.21%
2015-06-30$24.83M-3.36%
2015-03-31$25.69M3.81%
2014-12-31$24.75M-1.90%
2014-09-30$25.23M5.90%
2014-06-30$23.82M-2.67%
2014-03-31$24.48M-0.25%
2013-12-31$24.54M8.41%
2013-09-30$22.64M-0.82%
2013-06-30$22.82M3.10%
2013-03-31$22.14M-2.11%
2012-12-31$22.61M0.27%
2012-09-30$22.55M4.98%
2012-06-30$21.48M0.32%
2012-03-31$21.41M-7.09%
2011-12-31$23.05M11.00%
2011-09-30$20.76M0.66%
2011-06-30$20.63M-2.34%
2011-03-31$21.12M25.95%
2010-12-31$16.77M-0.83%
2010-09-30$16.91M7.67%
2010-06-30$15.71M-3.22%
2010-03-31$16.23M8.11%
2009-12-31$15.01M-3.39%
2009-09-30$15.54M4.00%
2009-06-30$14.94M0.36%
2009-03-31$14.88M1.48%
2008-12-31$14.67M-0.69%
2008-09-30$14.77M1.46%
2008-06-30$14.56M-3.91%
2008-03-31$15.15M10.80%
2007-12-31$13.67M-

German American Bancorp generated $71.58M in revenue during Q2 2024, up -14.87% compared to the previous quarter, and up 2052.68% compared to the same period a year ago.

German American Bancorp Revenue Breakdown


German American Bancorp Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 20Dec 19Dec 18
Service Charge on Deposit Accounts$11.54M$11.46M---
Wealth Management Fees$11.71M$10.08M---
Insurance Revenue$9.60M$10.02M---
Interchange Fee Income$17.45M$15.82M---
Insurance-----
Wealth Management Services--$8.00M--
Retail Banking--$3.00K$4.00K$4.00K
Investment Banking---$7.27M$6.68M

German American Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 23: Interchange Fee Income (34.70%), Wealth Management Fees (23.28%), Service Charge on Deposit Accounts (22.94%), and Insurance Revenue (19.08%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18
Interchange Fee Income$4.09M$4.37M$4.47M$4.41M$3.46M$2.78M$2.48M$2.23M------------
Insurance Revenue$2.88M$2.27M$2.06M$2.13M$1.95M$1.87M$1.92M$1.88M------------
Wealth Management Fees$3.37M$3.20M$2.96M$2.91M----------------
Service Charge on Deposit Accounts$2.90M$2.88M$2.98M$2.88M$2.29M$1.96M$2.40M$2.07M------------
Retail Banking-----$4.74M$3.32M$4.22M$4.11M$4.33M$3.58M$2.77M$1.83M$2.48M$1.41M$1.71M----
Insurance--------------------
Wealth Management Services------$2.62M$2.36M$1.96M-----------
Trust And Investments Products Fees--------$2.15M$1.91M$1.65M$1.77M--------
Investment Banking----------$1.87M$1.68M--------

German American Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Interchange Fee Income (30.88%), Wealth Management Fees (25.44%), Service Charge on Deposit Accounts (21.93%), and Insurance Revenue (21.75%).

German American Bancorp Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 20Dec 19Dec 18
Retail Banking$3.00K$4.00K$4.00K
Insurance---
Wealth Management Services$8.00M--
Investment Banking-$7.27M$6.68M

German American Bancorp's latest annual revenue breakdown by geography, as of Dec 20: Wealth Management Services (99.96%), and Retail Banking (0.04%).

Quarterly Revenue by Country

CountryDec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18
Interchange Fee Income$3.46M$2.78M$2.48M$2.23M------------
Insurance Revenue$1.95M$1.87M$1.92M$1.88M------------
Service Charge on Deposit Accounts$2.29M$1.96M$2.40M$2.07M------------
Insurance----------------
Retail Banking-$4.74M$3.32M$4.22M$4.11M$4.33M$3.58M$2.77M$1.83M$2.48M$1.41M$1.71M----
Wealth Management Services--$2.62M$2.36M$1.96M-----------
Trust And Investments Products Fees----$2.15M$1.91M$1.65M$1.77M--------
Investment Banking------$1.87M$1.68M--------

German American Bancorp's latest quarterly revenue breakdown by geography, as of Dec 21: Interchange Fee Income (44.96%), Service Charge on Deposit Accounts (29.75%), and Insurance Revenue (25.29%).

German American Bancorp Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
FRMEFirst Merchants$996.17M$267.34M
LKFNLakeland Financial$343.27M$114.17M
GABCGerman American Bancorp$316.92M$71.58M
THFFFirst Financial$271.10M$70.68M
FCBCFirst Community Bankshares$174.62M$46.13M
GSBCGreat Southern Bancorp$46.29M$84.15M

GABC Revenue FAQ


German American Bancorp's yearly revenue for 2023 was $316.92M, representing an increase of 22.02% compared to 2022. The company's yearly revenue for 2022 was $259.72M, representing an increase of 17.90% compared to 2021. GABC's yearly revenue for 2021 was $220.29M, representing an increase of 5.04% compared to 2020.

German American Bancorp's quarterly revenue for Q2 2024 was $71.58M, a -14.87% decrease from the previous quarter (Q1 2024), and a 13.34% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $84.08M, a 1.79% increase from the previous quarter (Q4 2023), and a 2311.24% increase year-over-year (Q1 2023). GABC's quarterly revenue for Q4 2023 was $82.6M, a 25.84% increase from the previous quarter (Q3 2023), and a 25.07% increase year-over-year (Q4 2022).

German American Bancorp's revenue growth rate for the last 3 years (2021-2023) was 43.86%, and for the last 5 years (2019-2023) was 66.16%.

German American Bancorp's revenue streams in c 23 are Service Charge on Deposit Accounts, Wealth Management Fees, Insurance Revenue, and Interchange Fee Income. Service Charge on Deposit Accounts generated $11.54M in revenue, accounting 22.94% of the company's total revenue, up 0.71% year-over-year. Wealth Management Fees generated $11.71M in revenue, accounting 23.28% of the company's total revenue, up 16.23% year-over-year. Insurance Revenue generated $9.6M in revenue, accounting 19.08% of the company's total revenue, down -4.23% year-over-year. Interchange Fee Income generated $17.45M in revenue, accounting 34.70% of the company's total revenue, up 10.32% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of German American Bancorp was Interchange Fee Income. This segment made a revenue of $17.45M, representing 34.70% of the company's total revenue.