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Nicolet Bankshares, NIC · USD

Financials · US listing · 🇺🇸 United States

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175.72

+1.50%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue, before interest expense

$552.6m

FY2016FY2025

Net income

$150.7m

FY2016FY2025

Total assets

$9.19bn

FY2016FY2025

Shareholders' equity

$1.26bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue, before interest expense$552.6m$519.4m$416.9m$332.1m$239.1m$213.1m$192.4m$165.0m$143.3m$102.1m
Operating income$187.0m$155.1m$86.6m$125.7m$81.1m$80.9m$71.1m$54.8m$49.7m$28.1m
Net income$150.7m$124.1m$61.5m$94.3m$60.7m$60.1m$54.6m$41.0m$33.1m$18.5m
Diluted earnings per share9.907.904.066.244.655.815.064.213.242.06

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$9.19bn$8.80bn$8.47bn$8.76bn$7.70bn$4.55bn$3.58bn$3.10bn$2.93bn$2.30bn
Cash and short-term investments$1.18bn$1.34bn$1.29bn$1.08bn$1.54bn$1.37bn$650.7m$650.7m$561.1m$497.6m
Total liabilities$7.93bn$7.62bn$7.43bn$7.79bn$6.80bn$4.01bn$3.06bn$2.71bn$2.57bn$2.02bn
Debt$134.9m$156.4m$161.9m$509.3m$191.9m$24.9m$42.6m$42.1m$41.5m$36.6m
Shareholders' equity$1.26bn$1.17bn$1.04bn$972.5m$891.9m$539.2m$516.3m$386.6m$364.2m$275.9m
Shares outstanding15m16m15m15m13m10m11m10m10m9m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue, before interest expense$75.7m$102.1m$139.4m$144.0m$138.3m$131.0m$132.5m$135.0m
Operating income$72.5m$19.0m$50.2m$51.8m$44.8m$40.1m$43.2m$40.8m
Net income$56.9m$15.2m$40.3m$41.7m$36.0m$32.6m$34.5m$32.5m
Diluted earnings per share3.741.002.652.742.372.142.192.07
Total assets$15.41bn$15.57bn$9.19bn$9.03bn$8.93bn$8.98bn$8.80bn$8.64bn
Cash and short-term investments$153.5m$1.86bn$1.18bn$1.34bn$1.27bn$1.05bn$1.34bn$1.26bn
Debt—$180.0m$134.9m$134.6m$134.3m$156.6m$156.4m$161.2m
Shareholders' equity$2.27bn$2.26bn$1.26bn$1.21bn$1.19bn$1.18bn$1.17bn$1.15bn

Financial ratios

Data as of 24 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin33.8%29.9%20.8%37.9%33.9%38.0%
Net margin27.3%23.9%14.8%28.4%25.4%28.2%
Return on equity12.0%10.6%5.9%9.7%6.8%11.2%
Return on assets1.6%1.4%0.7%1.1%0.8%1.3%
Revenue growth6.4%24.6%25.5%38.9%12.2%10.8%
Earnings growth21.5%101.7%-34.7%55.4%0.9%10.0%
Current ratio5079.45x0.18x0.18x0.16x0.25x0.36x
Debt to equity0.11x0.14x0.16x0.56x0.25x0.11x
Equity ratio13.7%13.3%12.3%11.1%11.6%11.8%
Interest coverage1.14x0.91x0.61x3.70x5.96x4.07x
Buybacks as a share of market value3.1%-3.8%-0.2%-15.8%-26.1%4.2%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue18.5%21.0%23.6%
Operating income14.1%18.2%26.6%
Net income16.9%20.2%29.4%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin31.9%30.4%31.5%31.9%
Net margin25.6%23.6%24.3%24.1%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings12.313.319.812.818.411.414.611.616.923.1
Price to sales3.33.22.93.64.73.24.22.93.94.2

Market value over time

30 Nov 2016 to 23 Oct 2026, in USD

$397.5m$2.61bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return24%30%4%-2%18%-9%57%-15%21%46%

Dividends and splits

Per share, in the currency the company pays

Paid for 3 years. Last went ex-dividend on 1 Sept 2026.

FY2026FY2025FY2024FY2023
Paid in the year1.041.241.090.75

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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