German Tax Provision from 2010 to 2024

GABC Stock  USD 45.48  0.58  1.29%   
German American's Tax Provision is increasing over the years with slightly volatile fluctuation. Tax Provision is expected to dwindle to about 15.5 M. Tax Provision is the amount set aside by German American Bancorp to cover any estimated taxes for the current period. It reflects German American's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
6.1 M
Current Value
4.6 M
Quarterly Volatility
1.4 M
 
Covid
Check German American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among German American's main balance sheet or income statement drivers, such as Depreciation And Amortization of 10 M, Interest Expense of 69.5 M or Selling General Administrative of 90.4 M, as well as many indicators such as Price To Sales Ratio of 4.69, Dividend Yield of 0.0295 or PTB Ratio of 2.01. German financial statements analysis is a perfect complement when working with German American Valuation or Volatility modules.
  
Check out the analysis of German American Correlation against competitors.

Latest German American's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of German American Bancorp over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. German American's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in German American's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

German Tax Provision Regression Statistics

Arithmetic Mean13,353,913
Geometric Mean13,077,433
Coefficient Of Variation22.18
Mean Deviation2,398,684
Median11,606,000
Standard Deviation2,962,416
Sample Variance8.8T
Range9.8M
R-Value0.70
Mean Square Error4.8T
R-Squared0.49
Significance0
Slope466,025
Total Sum of Squares122.9T

German Tax Provision History

202415.5 M
202319.3 M
202217.4 M
202118.6 M
202012.8 M
201912 M
20189.5 M

About German American Financial Statements

German American stakeholders use historical fundamental indicators, such as German American's Tax Provision, to determine how well the company is positioned to perform in the future. Although German American investors may analyze each financial statement separately, they are all interrelated. For example, changes in German American's assets and liabilities are reflected in the revenues and expenses on German American's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in German American Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision19.3 M15.5 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether German American Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of German American's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of German American Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on German American Bancorp Stock:
Check out the analysis of German American Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of German American. If investors know German will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about German American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
1.08
Earnings Share
2.77
Revenue Per Share
8.341
Quarterly Revenue Growth
0.005
The market value of German American Bancorp is measured differently than its book value, which is the value of German that is recorded on the company's balance sheet. Investors also form their own opinion of German American's value that differs from its market value or its book value, called intrinsic value, which is German American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because German American's market value can be influenced by many factors that don't directly affect German American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between German American's value and its price as these two are different measures arrived at by different means. Investors typically determine if German American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, German American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.