Skip to main content
Back
NIC logo

Nicolet Bankshares, Inc.

Data quality: 100%
NIC
NYSE Financial Services Banks - Regional
$148.87
▲ $2.43 (1.66%)
Mkt Cap: 2.23B
Day Range
$145.93 $149.63
52-Week Range
$97.90 $163.11
Volume
124,259
50D / 200D Avg
$146.82 / $132.84
Prev Close
$146.44

Quick Summary

Price History

Financial Trends

Peer Comparison

vs Financial Services sector median (854 peers)

Metric Stock Sector Median
P/E 14.8 10.3
P/B 1.8 1.1
ROE % 12.4 11.6
Net Margin % 27.3 16.8
Rev Growth 5Y % 23.3 11.6
D/E 0.1 0.5

Analyst Price Target

Hold
$182.67 +22.7%
Low: $173.00 High: $190.00
Forward P/E
12.19
Forward EPS
$12.21
EPS Growth (est.)
+0.0%
Est. Revenue
687.22M

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2027 $14.35
$13.95 – $14.66
754.17M 3
FY2026 $12.21
$11.87 – $12.47
687.22M 3

Earnings Surprises

Last 8 quarters
Quarter Est. EPS Actual EPS Surprise
2026-02-27 N/A $2.65
2025-10-23 $2.37 $2.66 +12.2%
2025-07-15 $2.14 $2.35 +9.8%
2025-04-15 $1.96 $2.10 +7.1%
2025-01-21 $1.98 $2.17 +9.6%
2024-10-15 $1.86 $2.10 +12.9%
2024-07-16 $1.66 $1.92 +15.7%
2024-04-16 $1.64 $1.82 +11.0%

Dividend History

3 yr streak

Yield

0.01%

Payout Ratio

0.12%

Growth (3Y)

N/A

Growth (5Y)

N/A

Ex-Date Payment Date Amount Yield
Mar 02, 2026 Mar 16, 2026 $0.32 0.82%
Dec 08, 2025 Dec 15, 2025 $0.32 0.96%
Sep 02, 2025 Sep 15, 2025 $0.32 0.88%
Jun 02, 2025 Jun 13, 2025 $0.32 0.96%
Mar 10, 2025 Mar 17, 2025 $0.28 1.01%
Dec 02, 2024 Dec 16, 2024 $0.28 0.97%
Sep 03, 2024 Sep 16, 2024 $0.28 1.08%
Jun 03, 2024 Jun 14, 2024 $0.28 1.30%
Mar 07, 2024 Mar 15, 2024 $0.25 1.22%
Nov 30, 2023 Dec 15, 2023 $0.25 1.02%
Aug 31, 2023 Sep 15, 2023 $0.25 0.66%
May 31, 2023 Jun 15, 2023 $0.25 0.40%

Key Takeaways

Revenue grew 23.31% annually over 5 years — strong growth
Earnings grew 21.46% over the past year
ROE of 12.40% — decent returns on equity
Net margin of 27.27% shows strong profitability
Debt/Equity of 0.11 — conservative balance sheet
Generating 149.44M in free cash flow

Growth

Revenue Growth (5Y)
23.31%
Revenue (1Y)6.39%
Earnings (1Y)21.46%
FCF Growth (3Y)29.02%

Quality

Return on Equity
12.40%
ROIC10.07%
Net Margin27.27%
Op. Margin33.83%

Safety

Debt / Equity
0.11
Current Ratio5079.45
Interest Coverage1.14

Valuation

P/E Ratio
14.80
Forward P/E12.19
P/B Ratio1.77
EV/EBITDA9.12
Dividend Yield0.01%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 6.39% Revenue Growth (3Y) 15.14%
Earnings Growth (1Y) 21.46% Earnings Growth (3Y) 56.51%
Revenue Growth (5Y) 23.31% Earnings Growth (5Y) 25.55%
Profitability
Revenue (TTM) 552.61M Net Income (TTM) 150.69M
ROE 12.40% ROA 1.64%
Gross Margin 69.47% Operating Margin 33.83%
Net Margin 27.27% Free Cash Flow (TTM) 149.44M
ROIC 10.07% FCF Growth (3Y) 29.02%
Safety
Debt / Equity 0.11 Current Ratio 5079.45
Interest Coverage 1.14
Dividends
Dividend Yield 0.01% Payout Ratio 0.12%
Dividend Growth (3Y) N/A Dividend Growth (5Y) N/A
Consecutive Div Years 3 yrs
Valuation
P/E Ratio 14.80 Forward P/E 12.19
P/B Ratio 1.77 P/S Ratio 4.04
PEG Ratio 0.55 Forward PEG N/A
EV/EBITDA 9.12 Fwd EV/EBITDA 7.03
Forward P/S 3.24 Fwd Earnings Yield 8.20%
FCF Yield 6.70%
Market Cap 2.23B Enterprise Value 1.70B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 552.61M 519.42M 416.85M 332.07M 239.05M
Net Income 150.69M 124.06M 61.52M 94.26M 60.65M
EPS (Diluted) 9.78 8.05 4.08 6.56 5.44
Gross Profit 383.88M 345.27M 272.86M 286.62M 210.55M
Operating Income 186.96M 155.13M 86.63M 125.74M 81.12M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 9.19B 8.80B 8.47B 8.76B 7.70B
Total Liabilities 7.93B 7.62B 7.43B 7.79B 6.80B
Shareholders' Equity 1.26B 1.17B 1.04B 972.53M 891.89M
Total Debt 134.86M 161.39M 166.93M 542.34M 216.92M
Cash & Equivalents 660.23M 537.03M 497.81M 167.24M 617.21M
Current Assets 7.44B 975.76M 1.30B 1.22B 1.65B
Current Liabilities 1.47M 7.40B 7.20B 7.57B 6.53B

Strategy Scores

This stock passed the criteria for 2 strategies

Score = fit strength (0–100)
Rank = position among all matches
#1025 of 1049
15
#168 of 328
51

Recent Activity

Entered Cash Flow Compounder
Mar 24, 2026
Entered Growth at a Reasonable Price (Peter Lynch)
Mar 24, 2026