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NYSE · Banks - Regional · USD

Nicolet Bankshares, Inc. (NIC) Stock Analysis

Nicolet Bankshares, Inc. (NIC) is a Banks - Regional stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

NIC

$165.73

+$1.12 (+0.68%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NIC Key Statistics

As of Oct 21, 2026
Trading
Open
$166.87
Previous Close
$164.61
Day's Range
164.31–169.76
52-Week Range
114.12–180.00
Volume
181.20K
Valuation
Market Cap
$3.47B
P/E Ratio
18.56
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
12.29
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.92
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
5.98
EPS (ttm)Profit attributable to each share over the last twelve months.
8.93
Financials (FY)
Revenue (FY)
$392.00M+12.28%
Net Income (FY)
$150.69M+21.46%
Profit marginThe share of revenue left as profit after all costs and taxes.
30.33%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
20.96M
1-Year Return
+28.99%
Dividend and dates
Dividend
$1.36+0.83%
Ex-Dividend Date
September 1, 2026
Earnings Date
January 19, 2027
Avg Volume
164.88K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, NIC closed at $165.73, +28.99% over 1 year.

Nicolet Bankshares, Inc. (NIC) has a market capitalization of $3.47B.

In fiscal 2025, NIC reported revenue of $392.00M.

NIC Stock Return by Calendar Year

Nicolet Bankshares, Inc. (NIC) 10-year return: what $10,000 became

1 year
$10,000 $12,899
+28.99%
5 years
$10,000 $23,786
+137.86%
10 years
$10,000 $44,744
+347.44%

If you had invested $10,000 in Nicolet Bankshares, Inc. (NIC) 10 years ago, at the close on October 21, 2016, it would have been worth $44,744 at the close on October 21, 2026: +347.44% in total, +16.16% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+37.27%
2025+16.76%
2024+31.91%
2023+1.93%
2022−6.95%
2021+29.24%
2020−10.16%
2019+51.33%
2018−10.85%
2017+14.78%
2016 (partial year)+29.59%

As of October 21, 2026.

NIC Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$392.00M$150.69M38.4%
2024$349.12M$124.06M35.5%
2023$275.51M$61.52M22.3%
2022$298.12M$94.26M31.6%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$392.00M——$150.69M38.4%
2024$349.12M——$124.06M35.5%
2023$275.51M——$61.52M22.3%
2022$298.12M——$94.26M31.6%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

NIC Dividend History

$1.24+13.8% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$1.043—
2025$1.244+13.8%
2024$1.094+45.3%
2023$0.753—

Most recent payment: $0.35 per share, ex-dividend September 1, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NIC Valuation vs Banks - Regional Median

Median of 326 stocks
MetricNICBanks - Regional medianvs median
P/E18.5612.0354% above
P/S ratio5.983.5867% above
Profit margin30.33%29.44%0.9 pts above

Medians across 326 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 11 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Nicolet Bankshares, Inc. (NIC) is capitalised at $3.47B on the latest close. It is classified in the Banks - Regional industry, within the Financial Services sector. The company reports 986 employees.

The 52-week range on file runs from $114.12 to $180.00. NIC last closed at $165.73 on October 21, 2026. That is +$1.12 (+0.68%) against the previous close. The latest close sits 45.22% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $392.00M. Against the prior fiscal year total of $349.12M, that is a change of +12.28%. Net income for the same year was $150.69M. That is +21.46% against the prior fiscal year. The reported profit margin is 30.33%. That is 0.9 percentage points above the Banks - Regional median of 29.44%. Trailing earnings per share are 8.93.

Across the 4 fiscal years on file, revenue moves from $298.12M in 2022 to $392.00M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 18.56 times earnings. That is 54.28% above the Banks - Regional median of 12.03. On forward earnings the ratio is 12.29. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.92. Measured against sales, the shares trade at 5.98 times revenue. On price-to-sales that is 67.12% above the Banks - Regional median of 3.58. 326 Banks - Regional companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the total return is +28.99%. Across 10 years the annualized return works out at +16.16%. Daily returns over the trailing 10 years annualize to a volatility of 30.77%.

Growth & Income

The trailing dividend yield is 0.83%. That is 1.9 percentage points below the Banks - Regional median yield of 2.68%. At the indicated rate that is $1.36 a share a year. The ex-dividend date on file is September 1, 2026. Dividends are recorded for 4 calendar years; 2026 shows 3 payments totalling $1.04 a share. The year before, 2025, totalled $1.24 a share.

The strongest complete calendar year on file is 2019 at +51.33%; the weakest is 2018 at −10.85%. Of the 9 complete calendar years on file, 6 finished higher. So far in 2026 the total return is +37.27%.

Peer Comparison

Nicolet Bankshares, Inc. (NIC) operates in the Banks - Regional industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Nicolet Bankshares, Inc. NIC $3.47B 18.6
Mizuho Financial Group, Inc. MFG $120.84B 13.7
HDFC Bank Limited HDB $116.51B 14.6
Itaú Unibanco Holding S.A. ITUB $106.91B 12.4

The Banks - Regional industry average P/E ratio is 12.0x. Nicolet Bankshares, Inc. trades at a P/E of 18.6.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Nicolet Bankshares, Inc.

Nicolet Bankshares, Inc. operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin, Michigan, and Minnesota. The company accepts demand deposits, checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts. It also offers commercial loans, including commercial, industrial, and business loans and lines of credit; commercial real estate loans; agricultural (AG) production and AG real estate loans; commercial real estate investment loans; construction and land development loans; residential real estate loans, such as residential first lien and junior lien mortgages, home equity loans, and residential construction loans; and consumer loans. In addition, the company provides cash management, international banking, personal brokerage, safe deposit boxes, and trust and fiduciary services, as well as wealth management and retirement plan services. Further, it offers mortgage refinancing; online services, such as commercial, retail, and trust online banking; automated bill payment, mobile banking deposits and account access, and remote deposit capture services; and other services consisting of wire transfers, debit cards, credit cards, pre-paid gift cards, direct deposits, and official bank checks, as well as facilitates crop insurance products. The company was formerly known as Green Bay Financial Corporation and changed its name to Nicolet Bankshares, Inc. in March 2002. The company was incorporated in 2000 and is headquartered in Green Bay, Wisconsin.

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