German American Bancorp Inc (GABC) - Net Assets
Based on the latest financial reports, German American Bancorp Inc (GABC) has net assets worth $1.17 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.38 Billion) and total liabilities ($7.21 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check GABC tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.17 Billion |
| % of Total Assets | 14.01% |
| Annual Growth Rate | 12.85% |
| 5-Year Change | 73.88% |
| 10-Year Change | 251.93% |
| Growth Volatility | 17.81 |
German American Bancorp Inc - Net Assets Trend (1992–2025)
This chart illustrates how German American Bancorp Inc's net assets have evolved over time, based on quarterly financial data. See German American Bancorp Inc (GABC) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for German American Bancorp Inc (1992–2025)
The table below shows the annual net assets of German American Bancorp Inc from 1992 to 2025. For live valuation and market cap data, see how much is German American Bancorp Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.16 Billion | +62.55% |
| 2024-12-31 | $715.07 Million | +7.76% |
| 2023-12-31 | $663.56 Million | +18.83% |
| 2022-12-31 | $558.39 Million | -16.47% |
| 2021-12-31 | $668.46 Million | +7.00% |
| 2020-12-31 | $624.71 Million | +8.87% |
| 2019-12-31 | $573.82 Million | +25.11% |
| 2018-12-31 | $458.64 Million | +25.80% |
| 2017-12-31 | $364.57 Million | +10.39% |
| 2016-12-31 | $330.27 Million | +30.88% |
| 2015-12-31 | $252.35 Million | +10.28% |
| 2014-12-31 | $228.82 Million | +14.36% |
| 2013-12-31 | $200.10 Million | +8.15% |
| 2012-12-31 | $185.03 Million | +10.39% |
| 2011-12-31 | $167.61 Million | +37.91% |
| 2010-12-31 | $121.53 Million | +7.03% |
| 2009-12-31 | $113.55 Million | +7.96% |
| 2008-12-31 | $105.17 Million | +8.30% |
| 2007-12-31 | $97.12 Million | +5.11% |
| 2006-12-31 | $92.39 Million | +12.32% |
| 2005-12-31 | $82.25 Million | -1.69% |
| 2004-12-31 | $83.67 Million | +0.65% |
| 2003-12-31 | $83.13 Million | -20.47% |
| 2002-12-31 | $104.52 Million | +2.26% |
| 2001-12-31 | $102.21 Million | +5.09% |
| 2000-12-31 | $97.26 Million | +3.82% |
| 1999-12-31 | $93.69 Million | +2.61% |
| 1998-12-31 | $91.30 Million | +47.02% |
| 1997-12-31 | $62.10 Million | +58.02% |
| 1996-12-31 | $39.30 Million | +6.22% |
| 1995-12-31 | $37.00 Million | +12.46% |
| 1994-12-31 | $32.90 Million | +12.29% |
| 1993-12-31 | $29.30 Million | +36.28% |
| 1992-12-31 | $21.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to German American Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5615.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $582.95 Million | 50.15% |
| Common Stock | $37.50 Million | 3.23% |
| Other Comprehensive Income | $-164.93 Million | -14.19% |
| Other Components | $706.82 Million | 60.81% |
| Total Equity | $1.16 Billion | 100.00% |
German American Bancorp Inc Competitors by Market Cap
The table below lists competitors of German American Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Okeanis Eco Tankers Corp.
NYSE:ECO
|
$1.68 Billion |
|
Greatech Technology Bhd
KLSE:0208
|
$1.68 Billion |
|
Natco Pharma Limited
NSE:NATCOPHARM
|
$1.68 Billion |
|
RAPT Therapeutics Inc
NASDAQ:RAPT
|
$1.68 Billion |
|
Ningbo PIA Automation Holding Corp. A
SHG:688306
|
$1.68 Billion |
|
Ams AG
SW:AMS
|
$1.68 Billion |
|
Shenzhen JingQuanHua Electronics Co Ltd
SHE:002885
|
$1.68 Billion |
|
Jinzi Ham Co Ltd
SHE:002515
|
$1.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in German American Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 715,067,000 to 1,162,325,000, a change of 447,258,000 (62.5%).
- Net income of 112,635,000 contributed positively to equity growth.
- Dividend payments of 43,278,000 reduced retained earnings.
- Other comprehensive income increased equity by 55,530,000.
- Other factors increased equity by 322,371,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $112.64 Million | +9.69% |
| Dividends Paid | $43.28 Million | -3.72% |
| Other Comprehensive Income | $55.53 Million | +4.78% |
| Other Changes | $322.37 Million | +27.74% |
| Total Change | $- | 62.55% |
Book Value vs Market Value Analysis
This analysis compares German American Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.41x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 11.16x to 1.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | $4.00 | $44.69 | x |
| 1993-12-31 | $3.86 | $44.69 | x |
| 1994-12-31 | $4.05 | $44.69 | x |
| 1995-12-31 | $4.59 | $44.69 | x |
| 1996-12-31 | $4.84 | $44.69 | x |
| 1997-12-31 | $5.77 | $44.69 | x |
| 1998-12-31 | $7.51 | $44.69 | x |
| 1999-12-31 | $4.61 | $44.69 | x |
| 2000-12-31 | $5.30 | $44.69 | x |
| 2001-12-31 | $5.58 | $44.69 | x |
| 2002-12-31 | $5.79 | $44.69 | x |
| 2003-12-31 | $4.94 | $44.69 | x |
| 2004-12-31 | $5.09 | $44.69 | x |
| 2005-12-31 | $5.03 | $44.69 | x |
| 2006-12-31 | $5.60 | $44.69 | x |
| 2007-12-31 | $5.87 | $44.69 | x |
| 2008-12-31 | $6.36 | $44.69 | x |
| 2009-12-31 | $6.84 | $44.69 | x |
| 2010-12-31 | $7.30 | $44.69 | x |
| 2011-12-31 | $8.88 | $44.69 | x |
| 2012-12-31 | $9.76 | $44.69 | x |
| 2013-12-31 | $10.42 | $44.69 | x |
| 2014-12-31 | $11.54 | $44.69 | x |
| 2015-12-31 | $12.69 | $44.69 | x |
| 2016-12-31 | $14.75 | $44.69 | x |
| 2017-12-31 | $15.90 | $44.69 | x |
| 2018-12-31 | $19.62 | $44.69 | x |
| 2019-12-31 | $22.22 | $44.69 | x |
| 2020-12-31 | $23.54 | $44.69 | x |
| 2021-12-31 | $25.19 | $44.69 | x |
| 2022-12-31 | $18.95 | $44.69 | x |
| 2023-12-31 | $22.45 | $44.69 | x |
| 2024-12-31 | $24.11 | $44.69 | x |
| 2025-12-31 | $31.59 | $44.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently German American Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.11%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 7.22x
- Recent ROE (9.69%) is below the historical average (10.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 10.70% | 12.23% | 0.08x | 11.12x | $150.00K |
| 1993 | 9.90% | 13.18% | 0.07x | 10.49x | $-30.00K |
| 1994 | 10.64% | 14.71% | 0.07x | 10.53x | $210.00K |
| 1995 | 10.81% | 13.89% | 0.08x | 9.94x | $300.00K |
| 1996 | 14.25% | 12.87% | 0.11x | 10.11x | $1.67 Million |
| 1997 | 11.76% | 10.60% | 0.12x | 9.27x | $1.09 Million |
| 1998 | 10.10% | 12.39% | 0.08x | 9.82x | $92.00K |
| 1999 | 9.98% | 11.91% | 0.07x | 11.28x | $-14.50K |
| 2000 | 5.44% | 6.46% | 0.08x | 11.10x | $-4.44 Million |
| 2001 | 8.99% | 11.37% | 0.08x | 9.93x | $-1.03 Million |
| 2002 | 9.03% | 13.49% | 0.07x | 9.16x | $-1.01 Million |
| 2003 | 9.83% | 12.85% | 0.07x | 11.14x | $-144.60K |
| 2004 | 8.65% | 12.63% | 0.06x | 11.26x | $-1.13 Million |
| 2005 | 11.82% | 15.02% | 0.07x | 11.51x | $1.50 Million |
| 2006 | 11.06% | 12.84% | 0.07x | 11.83x | $981.90K |
| 2007 | 9.68% | 10.69% | 0.08x | 11.65x | $-306.60K |
| 2008 | 12.17% | 14.88% | 0.07x | 11.32x | $2.29 Million |
| 2009 | 10.76% | 15.35% | 0.06x | 10.95x | $863.10K |
| 2010 | 11.03% | 16.52% | 0.06x | 11.32x | $1.25 Million |
| 2011 | 12.08% | 19.90% | 0.05x | 11.18x | $3.49 Million |
| 2012 | 13.00% | 24.31% | 0.05x | 10.84x | $5.55 Million |
| 2013 | 12.70% | 25.60% | 0.05x | 10.81x | $5.40 Million |
| 2014 | 12.39% | 27.17% | 0.05x | 9.76x | $5.46 Million |
| 2015 | 11.91% | 27.57% | 0.05x | 9.41x | $4.83 Million |
| 2016 | 10.65% | 25.99% | 0.05x | 8.95x | $2.16 Million |
| 2017 | 11.16% | 28.47% | 0.05x | 8.62x | $4.22 Million |
| 2018 | 10.14% | 27.24% | 0.04x | 8.57x | $665.00K |
| 2019 | 10.32% | 26.68% | 0.05x | 7.66x | $1.84 Million |
| 2020 | 9.96% | 27.18% | 0.05x | 7.97x | $-260.90K |
| 2021 | 12.59% | 36.61% | 0.04x | 8.39x | $17.29 Million |
| 2022 | 14.65% | 29.43% | 0.05x | 11.02x | $25.99 Million |
| 2023 | 12.94% | 27.10% | 0.05x | 9.27x | $19.53 Million |
| 2024 | 11.72% | 26.57% | 0.05x | 8.80x | $12.30 Million |
| 2025 | 9.69% | 23.11% | 0.06x | 7.22x | $-3.60 Million |
Industry Comparison
This section compares German American Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $389,399,400
- Average return on equity (ROE) among peers: 10.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| German American Bancorp Inc (GABC) | $1.17 Billion | 10.70% | 6.14x | $1.68 Billion |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $68.20 Million | 10.85% | 9.15x | $5.79 Billion |
| ACNB Corporation (ACNB) | $51.46 Million | 12.55% | 7.93x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $76.38 Million | 0.59% | 3.01x | $137.13 Million |
| Alerus Financial Corp (ALRS) | $127.25 Million | 8.42% | 8.09x | $736.27 Million |
| Amalgamated Bank (AMAL) | $508.95 Million | 16.01% | 14.41x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $1.00 Billion | 3.23% | 8.67x | $974.56 Million |
| Arrow Financial Corporation (AROW) | $431.85 Million | 10.18% | 9.29x | $622.98 Million |
| Associated Banc-Corp (ASB) | $968.70 Million | 17.34% | 12.55x | $5.45 Billion |
| AmeriServ Financial Inc (ASRV) | $141.70 Million | 14.89% | 15.78x | $62.43 Million |
About German American Bancorp Inc
German American Bancorp, Inc. operates as a financial holding company for German American Bank that provides retail and commercial banking, and wealth management services. The company operates through Core Banking, and Wealth Management segments. The Core Banking segment accepts deposits from the general public; and originates consumer, commercial and agricultural, commercial and agricultural rea… Read more