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Nicolet Bankshares NIC Provision for Credit Losses

Provision for Credit Losses at other companies

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$23.37M-17.4%

Other financials

Income statement

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Revenue$134.9M+50.8%
Net income$15.2M-53.4%
EPS (diluted)$0.81-61.1%

Balance sheet

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Cash & equivalents$615.5M+7.6%
Total debt$180.0M+14.9%
Total equity$2.3B+90.7%
Total assets$15.6B+73.5%

Cash flow

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Operating cash flow$16.3M-61.1%
CapEx$1.2M+157%
Free cash flow$15.1M-63.5%

Valuation

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Market cap$3.24B+91.7%
Enterprise value$2.8B+121%
P/E24.3×+11.2×
P/S7.4×+2.7×

Profitability

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Net margin30.5%-5.6pp
FCF margin28.2%-10.5pp

Returns & leverage

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Return on equity7.7%-3.7pp
Debt / equity0.1×-0.1×

Where this comes from

Reported directly by Nicolet Bankshares in its filing.

Tagged under the XBRL concept nic:CreditLossExpenseReversal.

The official record: Nicolet Bankshares’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nicolet Bankshares's provision for credit losses?
Nicolet Bankshares (NIC) reported provision for credit losses of $6.05M in Q1 2026.
How has Nicolet Bankshares's provision for credit losses changed year-over-year?
Nicolet Bankshares's provision for credit losses increased by 303.3% year-over-year, from $1.5M to $6.05M.
What is the long-term trend for Nicolet Bankshares's provision for credit losses?
Over 4 years (2021 to 2025), Nicolet Bankshares's provision for credit losses has grown at a -26.9% compound annual growth rate (CAGR), from $14.9M to $4.25M.
What does provision for credit losses mean?
This represents the periodic charge or credit to the income statement to maintain the allowance for loan and lease losses at an appropriate level based on management's assessment of credit risk. It reflects the bank's expectation of future loan defaults and the overall quality of the loan portfolio.