Need an investment idea? Check out S2O Stock Screener. It allows to generate a list of stocks of a particular interest in a matter of seconds!

Market Price

29.35 

0.44 1.5%

as of Sep 18 '20

52 Week Range:

23.65 36.17


Stock Analyzer Tutorials

S2O Stock Analyzer - General Info

General Info


type: video (mp4); length: 3:30

Demonstrates how to use Stock Analyzer, shows how to analyze a stock and explains in detail "General Info" section of the Stock Analyzer result page.

S2O Stock Analyzer - Financial Statements

Financial Statements


type: video (mp4); length: 5:10

Explains information presented in the Financial Statements section of the S2O Stock Analyzer: financial statements charts, absolute values and growth rates.

S2O Stock Analyzer - Growth Grade and Financial Ratios

Growth Grade and Financial Ratios


type: video (mp4); length: 5:09

Demonstrates how to use Growth Grade & Financial Ratios section; shows the difference between historical and year-over-year Growth Grade on the real life example.

S2O Stock Analyzer - Value Price

Value Price


type: video (mp4); length: 6:03

Demonstrates how to use Value Price (intrinsic value) and the Graham Number, MOS (margin of safety) and IRT - Investment Recovery Time; explains 3 different projection models used to compute value price - pessimistic, moderate and optimistic.

S2O Stock Analyzer - Price Charts

Price Charts


type: video (mp4); length: 8:34

Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

General Info

German American Bancorp, Inc. operates as the bank holding company for German American Bank that provides retail and commercial banking services. The company operates through three segments: Core Banking, Trust and Investment Advisory Services, and Insurance Operations. The Core Banking segment accepts various deposit products from the general public; and originates consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, as well as sells residential mortgage loans in the secondary market. The Trust and Investment Advisory Services segment provides trust, investment advisory, and brokerage services. The Insurance Operations segment offers a range of personal and corporate property and casualty insurance products. As of March 19, 2020, the company operated 76 banking offices in 20 contiguous southern Indiana counties; seven counties in Kentucky; and one county in Tennessee. German American Bancorp, Inc. was founded in 1910 and is headquartered in Jasper, Indiana.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

You can check "Annual Financial Statements" and "Quarterly Financial Statements" sections for exact numbers and growth rates.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item. A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss. (source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement



 

Cash Flow Statement



 

Balance Sheet



 

Liquidity Ratios

Current Ratio


 

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio


 

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage


 

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA


 

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE


 

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity. ROE is sometimes called "return on net worth."

ROIC


 

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19
Equity (BVPS) 6.83
7.30
8.84
9.76
9.37
11.11
12.42
14.90
15.72
15.06
21.11
growth rate 6.9% 21.1% 10.4% -4.0% 18.6% 11.8% 20.0% 5.5% -4.2% 40.2%
Earnings BIT 16.23
19.03
27.98
34.72
36.88
42.33
43.76
52.40
56.24
growth rate 17.3% 47.0% 24.1% 6.2% 14.8% 3.4% 19.8% 7.3%
Avg.PE 14.73
15.24
11.31
11.42
14.33
13.50
14.33
20.20
19.92
15.06
15.71
growth rate 3.5% -25.8% 1.0% 25.5% -5.8% 6.2% 41.0% -1.4% -24.4% 4.3%
ROA 1.00
1.02
1.25
1.24
1.22
1.29
1.30
1.32
1.33
1.32
1.42
growth rate 2.0% 22.6% -0.8% -1.6% 5.7% 0.8% 1.5% 0.8% -0.8% 7.6%
ROE 11.17
11.40
14.01
13.64
13.20
13.22
12.50
12.08
11.71
11.30
11.47
growth rate 2.1% 22.9% -2.6% -3.2% 0.2% -5.5% -3.4% -3.1% -3.5% 1.5%
ROIC 10.71
9.07
11.14
9.81
8.84
8.40
growth rate -15.3% 22.8% -11.9% -9.9% -5.0%
Leverage 10.95
11.32
11.18
10.84
10.81
9.78
9.41
8.95
8.62
8.57
7.66
growth rate 3.4% -1.2% -3.0% -0.3% -9.5% -3.8% -4.9% -3.7% -0.6% -10.6%
Balance Sheet Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19
Acct.Receivable 61.12
62.25
14.73
22.03
21.98
25.92
30.45
growth rate 1.9% -76.3% 49.6% -0.2% 17.9% 17.5%
Acct.Payable 18.97
19.34
10.80
1,779.76
1,826.38
2,349.55
2,484.05
3,072.63
3,430.02
growth rate 2.0% -44.1% 16,373.2% 2.6% 28.7% 5.7% 23.7% 11.6%
Cur.Assets 57.88
72.94
93.04
91.95
119.70
145.04
growth rate 26.0% 27.5% -1.2% 30.2% 21.2%
Total Assets 1,243.00
1,375.90
1,873.77
2,006.30
2,163.83
2,237.10
2,373.70
2,955.99
3,144.36
3,929.09
4,397.67
growth rate 10.7% 36.2% 7.1% 7.9% 3.4% 6.1% 24.5% 6.4% 25.0% 11.9%
Cash 16.10
15.00
592.96
648.08
675.54
35.17
43.75
53.16
59.39
81.38
79.32
growth rate -6.8% 3,853.1% 9.3% 4.2% -94.8% 24.4% 21.5% 11.7% 37.0% -2.5%
Inventory 0.36
0.17
0.24
0.05
0.29
0.43
growth rate -52.5% 43.2% -77.7% 429.6% 48.6%
Cur.Liabilities 1,922.50
2,006.00
2,489.13
2,620.24
3,325.88
3,605.26
growth rate 4.3% 24.1% 5.3% 26.9% 8.4%
Liabilities 1,129.40
1,254.40
1,706.16
1,821.27
1,963.73
2,008.28
2,121.35
2,625.73
2,779.79
3,470.45
3,823.85
growth rate 11.1% 36.0% 6.8% 7.8% 2.3% 5.6% 23.8% 5.9% 24.9% 10.2%
LT Debt 2,009.00
2,010.00
2,011.00
2,012.00
2,013.00
60.62
91.73
116.80
138.07
123.11
178.57
growth rate 0.1% 0.1% 0.1% 0.1% -97.0% 51.3% 27.3% 18.2% -10.8% 45.0%
Equity 113.50
121.50
167.61
185.03
200.10
228.82
252.35
330.27
364.57
458.64
573.82
growth rate 7.1% 38.0% 10.4% 8.2% 14.4% 10.3% 30.9% 10.4% 25.8% 25.1%
Common Shares 17.00
17.00
19.00
19.00
19.00
20.00
20.00
22.00
23.00
23.00
26.00
growth rate 0.0% 11.8% 0.0% 0.0% 5.3% 0.0% 10.0% 4.6% 0.0% 13.0%
Cash Flow Statement Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19
Capital Expenditures 0.90
1.50
3.97
3.62
3.66
3.05
1.61
5.23
11.18
15.19
9.37
growth rate 66.7% 164.3% -8.8% 1.2% -16.6% -47.1% 224.3% 113.7% 35.8% -38.3%
Cash Dividends 6.20
6.20
7.05
7.07
7.67
8.45
9.01
10.63
11.84
14.07
17.56
growth rate 0.0% 13.7% 0.3% 8.5% 10.2% 6.6% 18.0% 11.4% 18.9% 24.7%
Cash From OA 10.40
17.20
26.62
42.00
41.67
36.47
31.27
41.91
54.88
62.33
65.23
growth rate 65.4% 54.7% 57.8% -0.8% -12.5% -14.3% 34.1% 30.9% 13.6% 4.7%
FCF per Share 0.47
0.92
1.67
2.02
2.22
1.38
2.00
1.45
1.89
1.61
2.27
growth rate 95.7% 81.5% 21.0% 9.9% -37.8% 44.9% -27.5% 30.3% -14.8% 41.0%
Sale Purchase of Stock -0.01
-0.03
0.01
0.05
0.50
0.06
-0.03
growth rate 0.0% 100.0% 354.6% 892.0% -88.9% -100.0%
FCF 8.00
15.00
23.00
38.00
37.00
33.00
30.00
37.00
44.00
47.00
56.00
growth rate 87.5% 53.3% 65.2% -2.6% -10.8% -9.1% 23.3% 18.9% 6.8% 19.2%
Income Statement Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19
Sales 60.40
65.60
101.74
98.97
99.29
98.13
103.00
125.72
130.01
149.61
185.40
growth rate 8.6% 55.1% -2.7% 0.3% -1.2% 5.0% 22.1% 3.4% 15.1% 23.9%
Op.Income 16.20
19.00
20.25
24.06
25.41
42.78
43.60
53.40
54.11
62.58
77.90
growth rate 17.3% 6.6% 18.8% 5.7% 68.3% 1.9% 22.5% 1.3% 15.7% 24.5%
IBT 16.23
19.03
27.98
34.72
36.88
40.41
41.67
49.13
52.21
56.06
71.24
growth rate 17.3% 47.0% 24.1% 6.2% 9.6% 3.1% 17.9% 6.3% 7.4% 27.1%
Net Income 12.20
13.40
20.25
24.06
25.41
28.34
30.06
35.18
40.68
46.53
59.22
growth rate 9.8% 51.1% 18.8% 5.7% 11.5% 6.1% 17.0% 15.6% 14.4% 27.3%
EPS 0.73
0.81
1.07
1.27
1.32
1.43
1.51
1.57
1.77
1.99
2.29
growth rate 11.0% 32.1% 18.7% 3.9% 8.3% 5.6% 4.0% 12.7% 12.4% 15.1%
Gross Profit 98.13
103.00
125.72
130.01
149.61
185.40
growth rate 5.0% 22.1% 3.4% 15.1% 23.9%

Quarterly Statements

Item Name Jun '19 Sep '19 Dec '19 Mar '20 Jun '20
Earnings BIT
growth rate
Balance Sheet Jun '19 Sep '19 Dec '19 Mar '20 Jun '20
Acct.Receivable
growth rate
Acct.Payable 3,128.83
3,431.29
3,430.02
3,478.51
3,979.43
growth rate 9.7% 0.0% 1.4% 14.4%
Cur.Assets 123.67
132.71
145.04
64.48
growth rate 7.3% 9.3% -55.5%
Total Assets 3,970.74
4,355.88
4,397.67
4,323.85
4,851.05
growth rate 9.7% 1.0% -1.7% 12.2%
Cash 90.01
89.13
79.32
48.29
278.37
growth rate -1.0% -11.0% -39.1% 476.4%
Inventory 0.64
0.63
0.43
0.63
0.43
growth rate -1.6% -32.0% 47.1% -32.0%
Cur.Liabilities 3,169.82
3,473.12
3,605.26
3,478.51
growth rate 9.6% 3.8% -3.5%
Liabilities 3,471.33
3,792.96
3,823.85
3,740.31
4,256.38
growth rate 9.3% 0.8% -2.2% 13.8%
LT Debt 266.17
279.15
178.57
207.97
growth rate 4.9% -36.0% 16.5%
Equity 499.41
562.93
573.82
583.54
594.67
growth rate 12.7% 1.9% 1.7% 1.9%
Common Shares 24.99
26.66
26.67
301.40
26.50
growth rate 6.7% 0.0% 1,030.1% -91.2%
Cash Flow Statement Jun '19 Sep '19 Dec '19 Mar '20 Jun '20
Capital Expenditures 1.54
2.45
3.76
growth rate 58.6% 53.5%
Cash Dividends 4.25
4.53
4.53
growth rate 6.7% 0.0%
Cash From OA -2.46
32.91
19.44
growth rate 100.0% -40.9%
Sale Purchase of Stock
growth rate
FCF -4.01
30.46
15.69
growth rate 100.0% -48.5%
Income Statement Jun '19 Sep '19 Dec '19 Mar '20 Jun '20
Sales 43.90
47.83
49.65
44.35
growth rate 9.0% 3.8% -10.7%
Op.Income 19.53
19.03
20.18
14.02
growth rate -2.6% 6.0% -30.5%
IBT 18.28
15.87
19.27
14.86
16.89
growth rate -13.2% 21.4% -22.9% 13.7%
Net Income 15.27
13.06
15.82
12.47
14.26
growth rate -14.5% 21.1% -21.2% 14.3%
EPS
growth rate
Gross Profit 43.90
47.83
49.65
44.35
growth rate 9.0% 3.8% -10.7%
R&D
growth rate

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.

Growth Grade

Historical Growth Grade:

A (90.36)

YOY Growth Grade:

B (68.56)

Click on buttons above for detailed yearly growth rates.

Market Ratios

Profitability Ratios

Liquidity Ratios

Efficiency Ratios

Value Price

PE and EPS

Historical Current Forward
PE 13.71 14.05 15.65
EPS / Growth 9.8% 2.09 9.0%

Value Price & Investment Recovery Time

Read more about Stock2Own value price in Stock Market: Fundamental Analysis.

Equity Growth Rate: 20.4%

Estimates Pessimistic Moderate Optimistic My Numbers
Rate of Return 15.0%
MOS Price % 50 %
Future EPS Growth 9.0% 13.1% 13.1%
Future PE 13.71 18.50 18.50
Future EPS 4.95 7.14 7.14
Value Price
MOS %
16.76
-42.9%
32.63
11.2%
32.63
11.2%
MOS Price 8.38 16.31 16.31
IRT 8.93 7.85 7.85

Graham Number:

NOTE: The Graham Number applies only to certain types of stocks in combination with a number of other criteria.

Read more about Graham Number in Stock Market: Fundamental Analysis.

Price Chart

The functionality you are trying to reach is available to registered users only.

Login to your account or Register Now if you are not registered yet. Registration is FREE and will take only a minute.

Risk / Reward Ratios

The functionality you are trying to reach is available to registered users only.

Login to your account or Register Now if you are not registered yet. Registration is FREE and will take only a minute.