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.

Revenue
+61.6%
EPS
+8.19%
Free cash flow
+40.2%
Total debt
−31.1%

Quarter to September 2026, against a year earlier

172.90 2.34 −1.34%
Market cap
$3.6B
P/E
18.7×
Fwd P/E
17.7×
Dividend yield
—
F-score
9/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Nicolet Bankshares Inc. (NIC) Return on equity

Alert me on Return on equity

Nicolet Bankshares Inc.'s return on equity over the twelve months to 30 September 2026 was 10.2%, down 2.2 percentage points from fiscal 2025 (12.4%). Over the past ten years it has ranged from 6.12% (fiscal 2023) to 12.4% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Banks Regional industry median of 10.3% and above the Financial sector median of 9.01%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 12.4% 1.18
FY2024 11.2% 5.10
FY2023 6.12% (3.99)
FY2022 10.1% 1.63
FY2021 8.48% (2.90)
FY2020 11.4% (0.70)
FY2019 12.1% 1.17
FY2018 10.9% 0.57
FY2017 10.3% 0.80
FY2016 9.54% (2.64)

Against its own ten years

Low 6.12% High 12.4%
Ten-year median 10.9%
Current reading's percentile 100

Return on equity against peers

Company Return on equity
TOWN Towne Bank compare 12.2%
FFBC First Financial Bancorp. compare 10.7%
NIC Nicolet Bankshares Inc. 10.2%
FIBK First Interstate BancSystem, Inc. compare 9.54%
WSBC WesBanco, Inc. compare 8.84%
RNST Renasant Corporation compare 8.70%
BMA Macro Bank Inc. compare 7.08%
CBU Community Financial System, Inc. compare 0.00%
BANF BancFirst Corporation compare 0.00%
Banks Regional industry median 10.3%
Financial sector median 9.01%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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