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Saturday 17 October 2026 Export NIC’s income statement to Excel — free account

Nicolet Bankshares Inc.

NIC Financial Banks Regional

Nicolet Bankshares Inc.’s revenue for fiscal 2025 (year ended December 2025) was $556.5 million, up 6.89% from fiscal 2024. In the quarter to June 2026, revenue grew 71.5%, EPS grew 11.7%, free cash flow grew 139.4% and total debt fell 31.0%, each against the same quarter a year earlier. Revenue growth for ten consecutive years; insiders bought in the last twelve months.

164.38 0.03 −0.02%
Market cap
$3.5B
P/E
18.2×
Fwd P/E
14.1×
Dividend yield
—
F-score
9/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Nicolet Bankshares Inc. (NIC) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Nicolet Bankshares Inc. (NIC) trades at a P/E ratio of 18.2×. Over the past ten years it has ranged from 8.4× (May 2020) to 21.7× (June 2017); the current reading is higher than 87% of that period. That is above the Banks Regional industry median of 12.0× and above the Financial sector median of 12.4×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 12.0× (5.50%)
FY2024 12.7× (34.39%)
FY2023 19.4× 66.76%
FY2022 11.6× (22.42%)
FY2021 15.0× 31.95%
FY2020 11.4× (11.54%)
FY2019 12.9× 12.31%
FY2018 11.5× (25.06%)
FY2017 15.3× (22.11%)
FY2016 19.6× 78.15%

Quarterly newest first

Period P/E ratio Change
Jun 2026 18.3× 7.84%
Mar 2026 17.0× 40.85%
Dec 2025 12.0× (14.02%)
Sep 2025 14.0× 1.55%
42 more quarters

Against its own ten years

Low 8.4× High 21.7×
Ten-year median 13.8×
Current reading's percentile 87

P/E ratio against peers

Company P/E ratio
TOWN Towne Bank compare 9.9×
FIBK First Interstate BancSystem, Inc. compare 10.7×
WSBC WesBanco, Inc. compare 10.8×
FFBC First Financial Bancorp. compare 11.0×
MCHB Mechanics Bancorp compare 11.6×
RNST Renasant Corporation compare 11.9×
INDB Independent Bank Corp. compare 14.4×
BANF BancFirst Corporation compare 14.5×
NIC Nicolet Bankshares Inc. 18.2×
Banks Regional industry median 12.0×
Financial sector median 12.4×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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