German American Bancorp (GABC) Revenue & Revenue Breakdown

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German American Bancorp Revenue Highlights

Latest Revenue (Y)

$316.92M

Latest Revenue (Q)

$88.45M

Main Segment (Y)

Interchange Fee Income

Main Geography (Y)

Wealth Management Services

German American Bancorp Revenue by Period

German American Bancorp Revenue by Year

Date	Revenue	Change
2023-12-31	$316.92M	22.02%
2022-12-31	$259.72M	17.90%
2021-12-31	$220.29M	5.04%
2020-12-31	$209.72M	9.96%
2019-12-31	$190.73M	25.74%
2018-12-31	$151.68M	15.12%
2017-12-31	$131.76M	3.82%
2016-12-31	$126.92M	23.23%
2015-12-31	$103.00M	4.80%
2014-12-31	$98.28M	6.67%
2013-12-31	$92.13M	4.63%
2012-12-31	$88.06M	2.92%
2011-12-31	$85.56M	30.39%
2010-12-31	$65.61M	8.68%
2009-12-31	$60.37M	2.07%
2008-12-31	$59.15M	8.89%
2007-12-31	$54.32M	5.30%
2006-12-31	$51.59M	11.16%
2005-12-31	$46.41M	13.58%
2004-12-31	$40.86M	-3.79%
2003-12-31	$42.47M	2.47%
2002-12-31	$41.45M	-1.14%
2001-12-31	$41.92M	15.76%
2000-12-31	$36.22M	-5.93%
1999-12-31	$38.50M	41.54%
1998-12-31	$27.20M	21.43%
1997-12-31	$22.40M	35.76%
1996-12-31	$16.50M	3.13%
1995-12-31	$16.00M	12.68%
1994-12-31	$14.20M	12.70%
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

Date	Revenue	Change
2024-09-30	$88.45M	-2.25%
2024-06-30	$90.49M	7.62%
2024-03-31	$84.08M	1.79%
2023-12-31	$82.61M	25.84%
2023-09-30	$65.64M	3.94%
2023-06-30	$63.15M	1711.13%
2023-03-31	$3.49M	-94.72%
2022-12-31	$66.05M	0.39%
2022-09-30	$65.80M	1.57%
2022-06-30	$64.78M	2.66%
2022-03-31	$63.10M	13.28%
2021-12-31	$55.70M	-2.01%
2021-09-30	$56.84M	5.69%
2021-06-30	$53.78M	-0.35%
2021-03-31	$53.97M	-5.04%
2020-12-31	$56.83M	9.99%
2020-09-30	$51.67M	1.54%
2020-06-30	$50.88M	1.08%
2020-03-31	$50.34M	-0.70%
2019-12-31	$50.69M	0.12%
2019-09-30	$50.63M	14.69%
2019-06-30	$44.15M	-2.43%
2019-03-31	$45.25M	5.93%
2018-12-31	$42.72M	13.88%
2018-09-30	$37.51M	3.19%
2018-06-30	$36.35M	3.56%
2018-03-31	$35.10M	6.22%
2017-12-31	$33.05M	-0.43%
2017-09-30	$33.19M	1.78%
2017-06-30	$32.61M	-0.92%
2017-03-31	$32.91M	-1.00%
2016-12-31	$33.25M	0.92%
2016-09-30	$32.94M	0.67%
2016-06-30	$32.73M	16.87%
2016-03-31	$28.00M	8.27%
2015-12-31	$25.86M	-2.83%
2015-09-30	$26.62M	7.21%
2015-06-30	$24.83M	-3.36%
2015-03-31	$25.69M	3.81%
2014-12-31	$24.75M	-1.90%
2014-09-30	$25.23M	5.90%
2014-06-30	$23.82M	-2.67%
2014-03-31	$24.48M	-0.25%
2013-12-31	$24.54M	8.41%
2013-09-30	$22.64M	-0.82%
2013-06-30	$22.82M	3.10%
2013-03-31	$22.14M	-2.11%
2012-12-31	$22.61M	0.27%
2012-09-30	$22.55M	4.98%
2012-06-30	$21.48M	0.32%
2012-03-31	$21.41M	-7.09%
2011-12-31	$23.05M	11.00%
2011-09-30	$20.76M	0.66%
2011-06-30	$20.63M	-2.34%
2011-03-31	$21.12M	25.95%
2010-12-31	$16.77M	-0.83%
2010-09-30	$16.91M	7.67%
2010-06-30	$15.71M	-3.22%
2010-03-31	$16.23M	8.11%
2009-12-31	$15.01M	-3.39%
2009-09-30	$15.54M	4.00%
2009-06-30	$14.94M	0.36%
2009-03-31	$14.88M	1.48%
2008-12-31	$14.67M	-0.69%
2008-09-30	$14.77M	1.46%
2008-06-30	$14.56M	-3.91%
2008-03-31	$15.15M	10.80%
2007-12-31	$13.67M	-

German American Bancorp generated $88.45M in revenue during Q3 2024, up -2.25% compared to the previous quarter, and up 140.06% 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/Service	Dec 23	Dec 22	Dec 20	Dec 19	Dec 18
Interchange Fee Income	$17.45M	$15.82M	-	-	-
Wealth Management Fees	$11.71M	$10.08M	-	-	-
Service Charge on Deposit Accounts	$11.54M	$11.46M	-	-	-
Insurance Revenue	$9.60M	$10.02M	-	-	-
Wealth Management Services	-	-	$8.00M	-	-
Insurance	-	-	-	-	-
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/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18
Interchange Fee Income	$4.39M	$4.09M	$4.37M	$4.47M	$4.41M	$3.46M	$2.78M	$2.48M	$2.23M	-	-	-	-	-	-	-	-	-	-	-
Wealth Management Fees	$3.58M	$3.37M	$3.20M	$2.96M	$2.91M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service Charge on Deposit Accounts	$3.33M	$2.90M	$2.88M	$2.98M	$2.88M	$2.29M	$1.96M	$2.40M	$2.07M	-	-	-	-	-	-	-	-	-	-	-
Insurance Revenue	-	$2.88M	$2.27M	$2.06M	$2.13M	$1.95M	$1.87M	$1.92M	$1.88M	-	-	-	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-	-
Investment Banking	-	-	-	-	-	-	-	-	-	-	-	$1.87M	$1.68M	-	-	-	-	-	-	-

German American Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Interchange Fee Income (38.85%), Wealth Management Fees (31.68%), and Service Charge on Deposit Accounts (29.47%).

German American Bancorp Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 20	Dec 19	Dec 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

Country	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18	Mar 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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FRME	First Merchants	$996.17M	$265.01M
LKFN	Lakeland Financial	$343.27M	$95.02M
GABC	German American Bancorp	$316.92M	$88.45M
THFF	First Financial	$271.10M	$82.92M
FCBC	First Community Bankshares	$174.62M	$47.34M
GSBC	Great Southern Bancorp	$46.29M	$91.36M

GABC Revenue FAQ

What is German American Bancorp’s yearly revenue?

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.

What is German American Bancorp’s quarterly revenue?

German American Bancorp's quarterly revenue for Q3 2024 was $88.45M, a -2.25% decrease from the previous quarter (Q2 2024), and a 34.75% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $90.49M, a 7.62% increase from the previous quarter (Q1 2024), and a 43.28% increase year-over-year (Q2 2023). GABC'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).

What is German American Bancorp’s revenue growth rate?

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%.

What are German American Bancorp’s revenue streams?

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

What is German American Bancorp’s main source of revenue?

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.