German American Bancorp | 10-Q: FY2025 Q3 Revenue: USD 126.53 M

Revenue: As of FY2025 Q3, the actual value is USD 126.53 M.

EPS: As of FY2025 Q3, the actual value is USD 0.94, beating the estimate of USD 0.8633.

EBIT: As of FY2025 Q3, the actual value is USD -31.97 M.

Core Banking Segment

• Interest and Fees on Loans: $264,812 for the nine months ended September 30, 2025, compared to $178,196 for the same period in 2024.
• Interest on Securities and Other Short-term Investments: $45,624 for the nine months ended September 30, 2025, compared to $36,113 for the same period in 2024.
• Net Gains on Sales of Loans: $3,401 for the nine months ended September 30, 2025, compared to $2,424 for the same period in 2024.
• Provision for Credit Losses: $17,200 for the nine months ended September 30, 2025, compared to $2,150 for the same period in 2024.
• Salaries and Employee Benefits: $73,517 for the nine months ended September 30, 2025, compared to $53,472 for the same period in 2024.

Wealth Management Services Segment

• Wealth Management Fees: $12,286 for the nine months ended September 30, 2025, compared to $10,725 for the same period in 2024.

Insurance Segment

• Insurance Revenues: No revenue reported for the nine months ended September 30, 2025, compared to $4,383 for the same period in 2024, due to the sale of the insurance operations on June 1, 2024.

Consolidated Metrics

• Total Consolidated Revenue: $360,750 for the nine months ended September 30, 2025, compared to $263,034 for the same period in 2024.
• Interest on Deposits: $87,389 for the nine months ended September 30, 2025, compared to $68,073 for the same period in 2024.
• Interest on FHLB Advances and Other Borrowings: $8,217 for the nine months ended September 30, 2025, compared to $7,180 for the same period in 2024.
• Income before Income Taxes: $96,255 for the nine months ended September 30, 2025, compared to $75,417 for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company continues to focus on expanding its core banking operations, with significant increases in interest income and net gains on sales of loans. The provision for credit losses has increased, indicating a cautious approach to potential credit risks.
• Non-Core Business: The company has exited the insurance business, as evidenced by the sale of its insurance operations in 2024, allowing it to concentrate resources on its core banking and wealth management services.