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Nicolet Bankshares

NIC

Nicolet Bankshares, Inc. is a financial holding company that operates as a community-focused bank providing a full suite of commercial and consumer banking services.

Market cap
$3.6B+91.7%
Revenue$519.5M+41.0%
Net income$154.2M+13.7%
EPS (diluted)$8.80+0.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 20, 2026 (in 2 months)
Revenue estimate$173.5M
EPS estimate$3.07

Financials

Q2 2026

Income statement

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Revenue$177.8M+85.7%
Net income$56.9M+57.9%
EPS (diluted)$2.62+12.0%

Balance sheet

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Cash & equivalents$465.2M+10.1%
Total debt$92.8M-31.0%
Total equity$2.3B+90.9%
Total assets$15.4B+72.6%

Valuation & ratios

Valuation

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Market cap$3.6B+91.7%
Enterprise value$3.23B+103%
P/E23.4×+9.5×
P/S6.9×+1.8×

Profitability

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Net margin29.7%-7.1pp

Returns & leverage

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Return on equity8.9%-3.0pp
Debt / equity-0.1×

Competitors

Profile

Nicolet Bankshares, Inc. is a financial holding company that operates as a community-focused bank providing a full suite of commercial and consumer banking services. The company leverages a relationship-based model to deliver lending, deposit, and wealth management solutions across the Upper Midwest. Its core value proposition centers on local decision-making and personalized service characteristic of a community bank, supported by the product breadth of a larger financial institution.

Competitive position

A leading community bank in the Upper Midwest that differentiates itself through local decision-making and a relationship-focused model while maintaining a significant regional branch network.

GeographiesWisconsin, Michigan, Minnesota, Iowa, Colorado, United States
Customer segmentsSMEs, Retail consumers, Agricultural businesses, Institutional investors
Business modelInterest-based lending, Fee-based services, Asset management
SuppliersDepositors, Federal Reserve System, Technology and Core Banking Software Providers, Credit Rating Agencies
CustomersSmall and Medium Enterprises, Residential Homebuyers, Agricultural Producers, Retail Banking Customers, Corporate Retirement Plans
Listed2013
Employees948.0
CEOMichael E. Daniels
FilingsSEC EDGAR

FAQ

What is Nicolet Bankshares's market cap?
Nicolet Bankshares (NIC) has a market capitalization of $3.6B and trades on NYSE.
What is Nicolet Bankshares's revenue and profitability?
Nicolet Bankshares generated $519.5M in trailing twelve-month revenue with net income of $154.2M, representing a net margin of 29.7%. These figures are based on the Q2 2026 filing.
Who are Nicolet Bankshares's competitors?
Nicolet Bankshares's key competitors include Old National Bancorp, Associated Banc-Corp, Wintrust Financial Corporation, and others. These companies compete in similar markets and product categories.
What subsidiaries does Nicolet Bankshares have?
Nicolet Bankshares's subsidiaries include Nicolet National Bank, Nicolet Advisory Services, LLC, Nicolet Insurance Services, LLC, and others.
Where is Nicolet Bankshares headquartered?
Nicolet Bankshares is headquartered in United States of America and employs approximately 948 people. It has been publicly traded since 2013.