NIC
NICOLET BANKSHARES INC
NYSE · Financial Services · Banks - Regional · US
$176.70
+2.45%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 610.7M | 552.6M | 519.4M | 416.9M | 332.1M |
| Cost of Revenue | 215.8M | 168.7M | 174.2M | 144.0M | 45.5M |
| Gross Profit | 394.9M | 383.9M | 345.3M | 272.9M | 286.6M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 219.4M | 151.9M | 120.7M | 110.9M | 99.1M |
| General & Admin Expense | 212.8M | 151.9M | 112.4M | 103.1M | 90.6M |
| Selling & Marketing Expense | 6.6M | — | 8.3M | 7.8M | 8.5M |
| Other Expenses | (47.3M) | 45.0M | 69.4M | 75.3M | 61.8M |
| Total Operating Expenses | 172.0M | 196.9M | 190.1M | 186.2M | 160.9M |
| Cost and Expenses | 387.8M | 365.6M | 364.3M | 330.2M | 206.3M |
| Operating Income (EBIT) | 222.9M | 187.0M | 155.1M | 86.6M | 125.7M |
| Non-Operating | |||||
| Interest Income | 679.7M | 470.9M | 438.4M | 382.9M | 273.9M |
| Interest Expense | 205.6M | 164.5M | 170.3M | 141.3M | 34.0M |
| Net Interest Income | 474.2M | 306.5M | 268.1M | 241.5M | 240.0M |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 222.9M | 187.0M | 155.1M | 86.6M | 125.7M |
| Income Tax Expense | 46.7M | 36.3M | 31.1M | 25.1M | 31.5M |
| Bottom Line | |||||
| Net Income | 176.1M | 150.7M | 124.1M | 61.5M | 94.3M |
| Earnings from Cont. Ops | 176.1M | 150.7M | 124.1M | 61.5M | 94.3M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 176.1M | 150.7M | 124.1M | 61.5M | 94.3M |
| Per Share | |||||
| Basic EPS | $10.73 | $10.06 | $8.24 | $4.17 | $6.78 |
| Diluted EPS | $10.46 | $9.78 | $8.05 | $4.08 | $6.56 |
| Revenue Per Share | $41.25 | $36.89 | $34.52 | $28.27 | $23.87 |
| Shares | |||||
| Basic Shares Outstanding | 14.8M | 15.0M | 15.0M | 14.7M | 13.9M |
| Diluted Shares Outstanding | 15.2M | 15.4M | 15.4M | 15.1M | 14.4M |
| Profitability Metrics | |||||
| EBITDA | 230.1M | 201.9M | 172.1M | 105.0M | 147.7M |
| D&A | 7.2M | 15.0M | 17.0M | 18.4M | 21.9M |
| EBIT | 222.9M | 187.0M | 155.1M | 86.6M | 125.7M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026