Nicolet Bankshares Inc. NIC
- Market cap
- $3.5B
- P/E
- 18.6×
Follow NIC
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30.51 | 45.00 | 46.02 | 48.30 | 45.33 | 66.26 | 69.46 | 51.76 | 73.00 | 97.90 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| 48.00 | 61.98 | 58.60 | 75.99 | 74.10 | 88.67 | 98.20 | 85.20 | 116.17 | 141.92 |
High Price
|
|||
| 480 | 535 | 550 | 575 | 556 | 876 | 972 | 976 | 978 | 986 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Revenue/Emp
|
|||
| 102 | 144 | 165 | 192 | 212 | 239 | 332 | 419 | 521 | 557 |
Revenue
|
|||
| 92.82% | 92.70% | 88.56% | 88.27% | 90.62% | 94.31% | 89.77% | 66.25% | 67.29% | 70.45% |
Gross Margin
|
|||
| 28 | 50 | 55 | 71 | 81 | 81 | 126 | 87 | 155 | 187 |
EBT
|
|||
| 27.48% | 34.54% | 33.20% | 37.22% | 38.21% | 33.95% | 37.89% | 20.68% | 29.80% | 33.59% |
EBT Margin
|
|||
| 19 | 33 | 41 | 55 | 60 | 61 | 94 | 62 | 124 | 151 |
Net Income
|
|||
| 5 | 7 | 6 | 7 | 11 | 14 | 22 | 18 | 17 | 15 |
Depreciation
|
|||
| 14.27 | 15.24 | 17.12 | 20.07 | 20.49 | 22.26 | 23.86 | 28.41 | 34.60 | 37.15 |
Revenue/Sh
|
|||
| 2.49 | 3.51 | 4.26 | 5.71 | 5.82 | 5.65 | 6.78 | 4.17 | 8.24 | 10.06 |
Earnings/Sh
|
|||
| 3.47 | 4.31 | 5.29 | 6.08 | 7.63 | 9.10 | 8.44 | 7.32 | 8.89 | 10.25 |
Cash Flow/Sh
|
|||
| (0.29) | (0.03) | (0.15) | (0.41) | (1.01) | (0.94) | (0.88) | (0.41) | (1.10) | (0.09) |
Capex/Sh
|
|||
| 3.18 | 4.28 | 5.14 | 5.67 | 6.62 | 8.16 | 7.56 | 6.91 | 7.79 | 10.16 |
Free CF/Sh
|
|||
| 38.61 | 38.65 | 40.18 | 54.07 | 52.16 | 83.08 | 69.92 | 70.47 | 77.94 | 83.96 |
Book Value/Sh
|
|||
| 7 | 9 | 10 | 10 | 10 | 11 | 14 | 15 | 15 | 15 |
Shares
|
|||
| 19.62 | 15.29 | 11.46 | 12.87 | 11.38 | 15.02 | 11.65 | 19.43 | 12.75 | 12.05 |
PE Ratio
|
|||
| 3.37 | 3.51 | 2.85 | 3.68 | 3.24 | 3.85 | 3.31 | 2.84 | 3.03 | 3.27 |
PS Ratio
|
|||
| 1.25 | 1.38 | 1.21 | 1.37 | 1.27 | 1.03 | 1.13 | 1.15 | 1.35 | 1.44 |
PB Ratio
|
|||
| 2.31 | 2.96 | 1.80 | 2.98 | (0.44) | 2.18 | 3.48 | 2.05 | 2.31 | 2.32 |
EV/Sales
|
|||
| 10.36 | 10.55 | 6.00 | 10.56 | (1.35) | 5.94 | 10.98 | 8.44 | 10.27 | 8.49 |
EV/FCF
|
|||
| 25 | 41 | 51 | 58 | 79 | 98 | 117 | 108 | 134 | 154 |
Op' Cash Flow
|
|||
| (2) | 0 | (1) | (4) | (10) | (10) | (12) | (6) | (16) | (1) |
Capex
|
|||
| 23 | 40 | 50 | 54 | 68 | 88 | 105 | 102 | 117 | 152 |
FCF
|
|||
| (270) | (217) | (192) | (189) | (292) | (1,225) | (1,141) | (337) | (236) | (226) |
Working Cap'
|
|||
| 25 | 78 | 77 | 68 | 54 | 217 | 225 | 167 | 161 | 135 |
Total Debt
|
|||
| (108) | (79) | (173) | (134) | (779) | (400) | 58 | (331) | (375) | (525) |
Net Debt
|
|||
| 276 | 365 | 387 | 517 | 539 | 892 | 973 | 1,039 | 1,173 | 1,258 |
Sh' Equity
|
|||
| 1.01% | 1.27% | 1.36% | 1.64% | 1.48% | 0.99% | 1.15% | 0.71% | 1.44% | 1.68% |
ROA
|
|||
| 10.44% | 10.85% | 15.99% | 11.67% | 0.00% | 11.03% | 7.73% | 7.66% | 12.15% | 16.12% |
ROIC
|
|||
| 9.54% | 10.34% | 10.91% | 12.08% | 11.38% | 8.48% | 10.11% | 6.12% | 11.22% | 12.40% |
ROE
|
|||
Nicolet Bankshares Inc. peers in Banks Regional
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| MCHB Mechanics Bancorp | $3.5B | 12.3× | Compare |
| FIBK First Interstate BancSystem, Inc. | $3.5B | 11.4× | Compare |
| BANF BancFirst Corporation | $3.6B | 14.5× | Compare |
| SFNC Simmons First National Corporation | $3.4B | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| RNST Renasant Corporation | $3.7B | 12.0× | Compare |
| TOWN Towne Bank | $3.4B | 10.2× | Compare |
| WSBC WesBanco, Inc. | $3.7B | 11.2× | Compare |
| FFBC First Financial Bancorp. | $3.3B | 11.3× | Compare |
Nicolet Bankshares Inc. (NIC) key facts
- Nicolet Bankshares Inc. (NIC) is a Banks Regional company in the Financial sector, listed on the New York Stock Exchange.
- Nicolet Bankshares Inc.’s revenue for fiscal 2025 (year ended December 2025) was $556.5 million, up 6.89% from fiscal 2024.
- Net income was $150.7 million, or $10.06 per share (basic), a net margin of 27.1%.
- As of September 25, 2026, NIC traded at $168.40, a market capitalization of $3.5 billion.
- At that price the stock trades at 18.6× trailing-twelve-month earnings and 5.0× sales.
- Return on equity was 12.4% and debt-to-equity 0.04.
Nicolet Bankshares Inc. (NIC) Latest News
23 Sep
Regional banks posted mixed Q2 results, with Nicolet Bankshares (NIC) delivering standout numbers. Nicolet reported Q2 revenue of $179.4 million, up 86.5% year over year and beating consensus by 4.3%, aided by a narrow beat on net interest income and tangible book value per share in line with estimates. Despite the group’s uneven performance, Nicolet's stock rose about 2% on the news and trades near $171.20. Across 94 tracked regional banks, revenues were generally in line with expectations, but overall shares declined on average by about 4.9% since earnings releases. The piece also highlights strategic context: regionals benefit from higher rates and cost efficiencies but face deposit competition, credit risk, and regulatory costs. The market update traces shifting macro risks (AI, geopolitics) and ends with a pitch to invest in proven growth stocks. Nicolet's revenue beat and modest stock uptick signal a moderate near-term impact on sentiment.
23 Jul
Nicolet Bankshares (NIC) may be 56% undervalued following dividend and buyback announcements. Dividend and buyback news signals capital returns that can moderately lift valuation and sentiment.
22 Jul
Nicolet Bankshares reported an earnings beat and expanded its share buyback authorization, prompting assessment of whether these moves alter the bull case for the stock. Earnings beat plus larger buyback provide moderate positive support for valuation and sentiment without shifting long-term trajectory.
17 Jul
Nicolet Bankshares highlights three major factors supporting investor interest in the company amid its operational strengths. Positive analysis of company strengths may lift short-term investor sentiment without altering core operations.
14 Jul
Nicolet Bankshares Inc. (NIC) holds explosive upside potential based on three unspecified factors. Analyst-highlighted growth outlook may lift short-term investor sentiment without altering fundamentals.
9 Jun
Nicolet Bankshares reports Q4 earnings, triggering buy, sell or hold assessment for NIC stock based on financial results and outlook. Q4 earnings release directly shapes near-term valuation and investor positioning for Nicolet Bankshares.
24 Apr
Alliance Advisors led successful proxy solicitations for four regional bank mergers in Q1 2026, including Nicolet Bankshares Inc. (NIC). Successful proxy solicitations advance NIC's involvement in a regional bank merger, signaling major strategic shifts and market performance changes.
21 Apr
Nicolet Bankshares, Inc. announced first quarter 2026 earnings. Quarterly earnings announcements reveal key financial metrics that significantly influence stock performance and investor sentiment.
Nicolet Bankshares Inc. (NIC) Q1 earnings and revenues missed analyst estimates. Earnings miss affects financial performance and investor sentiment moderately but lacks long-term transformative effects.
30 Mar
Nicolet Bankshares Inc. director converts stock options as the bank enters a new era with its MidWestOne acquisition deal. MidWestOne acquisition signals major strategic expansion altering Nicolet Bankshares' competitive position and growth trajectory.
Nicolet Bankshares, Inc. (NIC) added to the KBW Nasdaq Regional Bank Index. Index inclusion increases visibility and potential passive investment inflows, moderately boosting market sentiment and performance.
22 Mar
Nicolet Bankshares Inc. (NIC) exhibits strong valuation driven by net interest income that significantly outpaces industry expectations. Net interest income exceeding industry expectations positively influences Nicolet Bankshares' financial performance and investor sentiment without fundamentally altering its trajectory.
23 Feb
Surging earnings estimates signal upside potential for Nicolet Bankshares (NIC) stock. Surging earnings estimates indicate moderately improved financial outlook and investor sentiment.
21 Feb
Nicolet Bankshares, Inc. (NIC) completed its merger with MidWestOne Financial Group, Inc., integrating operations to form a larger regional banking entity with expanded assets, branches, and market presence across multiple states. Merger completion delivers major strategic expansion in assets, deposits, and geographic footprint, significantly boosting scale and future growth potential.
17 Feb
Nicolet Bankshares Inc. completed its merger with MidWestOne Financial Group Inc., integrating the latter's operations and expanding its footprint across multiple states. Merger completion significantly expands Nicolet Bankshares' asset base, branch network, and market presence through integration of MidWestOne.
12 Feb
Nicolet Bankshares Inc. (NIC) is highlighted among three growth companies with notable insider ownership, reaching up to 19%. This insider ownership suggests confidence from executives and board members in the company's future performance. The article emphasizes the potential for growth in NIC, driven by strategic initiatives and market positioning. Insider ownership indicates confidence but does not guarantee significant changes in performance or market dynamics.
10 Feb
Nicolet Bankshares Inc. (NIC) has been identified as a strong buy stock for February 10th, indicating positive market sentiment and potential for growth. Analysts highlight the company's robust financial performance and strategic positioning in the banking sector, suggesting that it may outperform its peers in the near future. Investors are encouraged to consider NIC as a viable option for their portfolios, reflecting confidence in its operational strength and market opportunities. Nicolet Bankshares Inc. is positioned for significant growth due to its strong financial performance and strategic market positioning.
6 Feb
Nicolet Bankshares Inc. has experienced strong recent share price momentum, prompting an assessment of its valuation. Analysts are evaluating the factors contributing to this price increase and its implications for the company's future performance. The analysis includes a review of financial metrics and market conditions that may influence investor sentiment and the bank's competitive positioning. Recent share price momentum indicates a moderately noticeable influence on investor sentiment and potential financial performance.
2 Feb
Nicolet Bankshares Inc. (NIC) is highlighted as a momentum stock to target this week, indicating potential for growth and investment interest. In contrast, two other stocks are recommended for avoidance, suggesting they may not perform well in the near term. Investors are encouraged to consider NIC for their portfolios based on current market trends. Nicolet Bankshares Inc. shows moderate potential for influence on market performance due to its identification as a momentum stock.
28 Jan
Nicolet Bankshares Inc. (NIC) is poised for significant growth due to three key factors: a strong financial position with increasing assets, strategic acquisitions that enhance market presence, and a favorable economic environment that supports banking operations. These elements suggest that NIC has the potential for explosive upside in its stock performance. Strategic acquisitions and a strong financial position are likely to significantly impact future performance and investor sentiment.
27 Jan
Nicolet Bankshares Inc. (NIC) is facing challenges in the finance sector, particularly in comparison to Grupo Aval Acciones y Valores (AVAL). The article highlights the performance of finance stocks this year, indicating that NIC may be lagging behind its peers. Factors influencing this trend include market dynamics and investor sentiment, which could affect NIC's future performance. Nicolet Bankshares Inc. is experiencing noticeable challenges in the finance sector that may moderately influence its market performance.
23 Jan
Nicolet Bankshares Inc. (NIC) has recently experienced a 'Golden Cross' in its stock chart, indicating a potential bullish trend. This technical indicator occurs when a short-term moving average crosses above a long-term moving average, suggesting upward momentum. Analysts are optimistic about NIC's future performance, citing strong fundamentals and favorable market conditions. The positive technical outlook may attract more investors, potentially driving the stock price higher in the near term. The Golden Cross indicates a significant shift in market sentiment that could enhance investor interest and stock performance.
21 Jan
Nicolet Bankshares Inc. (NIC) is identified as potentially undervalued by up to 40.9% based on intrinsic value estimates. Analysts suggest that the stock's current market price does not reflect its true worth, indicating a significant investment opportunity. The analysis highlights the importance of intrinsic value assessments in identifying undervalued stocks in the financial sector. The identification of NIC as undervalued suggests a moderately noticeable influence on its market performance and investor sentiment.
20 Jan
Nicolet Bankshares Inc. reported its Q4 earnings, showcasing a solid financial performance with notable growth in net income and assets. The bank's strategic initiatives and focus on customer service contributed to its success, despite challenges in the broader economic environment. Management expressed optimism about future growth and plans to enhance operational efficiency. Significant growth in net income and assets indicates a strong performance that could positively influence future market positioning.
Nicolet Bankshares, Inc. reported record earnings for the recent quarter, highlighting significant growth in net income and improved financial metrics. The bank's performance was driven by increased loan demand and effective cost management strategies. This achievement reflects the company's strong operational execution and positions it favorably in the competitive banking landscape. Record earnings indicate significant growth potential and improved market positioning for Nicolet Bankshares.
13 Jan
Nicolet Bankshares Inc. (NIC) is highlighted among top growth companies with notable insider ownership as of January 2026. The article emphasizes the significance of insider ownership in driving company performance and investor confidence. It outlines how such ownership aligns the interests of management with shareholders, potentially leading to better decision-making and long-term growth. The analysis includes metrics and comparisons with industry peers, showcasing NIC's position in the market and its growth trajectory. Insider ownership can significantly influence investor sentiment and company performance, indicating strong alignment between management and shareholder interests.
Nicolet Bankshares Inc. (NIC) is projected to experience earnings growth, driven by strong financial performance and strategic initiatives. Analysts are optimistic about the company's ability to capitalize on market opportunities, which may enhance investor sentiment. The anticipated growth could position NIC favorably within the competitive landscape, prompting discussions about potential investment opportunities. Earnings growth projections and strategic initiatives are likely to significantly influence the company's future performance and investor sentiment.
Synchrony Financial (SYF) has enhanced its patient financing options through an integration with Clover, a healthcare technology platform. This collaboration aims to streamline the financing process for patients, making it easier for them to access necessary medical services. The integration is expected to improve patient experiences and expand financing solutions in the healthcare sector. The integration may moderately influence Nicolet Bankshares' competitive positioning in the healthcare financing market.
11 Jan
Nicolet Bankshares Inc. is highlighted as one of two regional bank stocks to consider amid increasing merger and acquisition (M&A) activity in the banking sector. The article emphasizes the potential for growth and stability in the face of market consolidation, suggesting that Nicolet Bankshares could benefit from strategic positioning during this period of heightened M&A interest. Rising M&A activity in the banking sector is likely to significantly impact Nicolet Bankshares' strategic positioning and investor sentiment.
8 Jan
Nicolet Bankshares Inc. (NIC) is highlighted as a stable investment option in the current market, with analysts expressing confidence in its steady performance. The article contrasts NIC with two other stocks that are under scrutiny, suggesting that while NIC remains a solid choice, the other two may face challenges that could affect their market positions. Investors are encouraged to consider NIC for its reliability amidst market fluctuations. Nicolet Bankshares Inc. is positioned as a safe investment, indicating significant potential for future performance amidst market uncertainties.