NIC
Neutral signalScored 2026-07-29 Drivers: fundamentals. Moteurs : fondamentaux.
Research, not advice.
À propos
Nicolet Bankshares, Inc.
- Nom
- Nicolet Bankshares, Inc.
- Secteur
- Financial Services
- Industrie
- Banks - Regional
- Bourse
- NYSE
- Capitalisation
- $3.6B
- Employés
- 1,429
- PDG
- Michael E. Daniels
- Site web
- https://www.nicoletbank.com
- Marché
- CHCOEFSCFCFNWBIOFGOZK
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.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 2 662 titres (~453 178,88 $ US)
- Insiders
- ATWELL ROBERT BRUCE
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$715,976
Avg sell (VWAP, 90d window) $169.70 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
- Last activity
- 2026-07-24
- Last synced
-
2026-10-19 22:02:11
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-07-28 | Witczak Eric James | Sell · S | 342 | $171.96 | $58,810 | Form 4 |
| 2026-07-27 | Witczak Eric James | Sell · S | 1,215 | $167.89 | $203,986 | Form 4 |
| 2026-07-24 | ATWELL ROBERT BRUCE | Sell · S | 2,662 | $170.24 | $453,179 | Form 4 |
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Signal
Neutral signalScored 2026-07-29 Drivers: fundamentals. Moteurs : fondamentaux.
NIC presents strong financial health metrics (liquidity: 95, fundamentals: 85) supported by successful deleveraging and robust cash flow generation, but the extreme jump in liquidity ratios raises a credible accounting…
The first sentence of the analysis written for NIC on 2026-07-29 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Narrative Supports a bullish reading. Stored narrative reading is in the bullish band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Supports a bullish reading. Current ratio 5079.45 · operating margin 34%
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 69.5% | 66.5% | 65.5% | 86.3% | 88.1% | |
| Ebit Margin | 33.8% | 29.9% | 20.8% | 37.9% | 33.9% | |
| Ebitda Margin | 36.5% | 33.1% | 25.2% | 44.5% | 39.7% | |
| Operating Profit Margin | 33.8% | 29.9% | 20.8% | 37.9% | 33.9% | |
| Pretax Profit Margin | 33.8% | 29.9% | 20.8% | 37.9% | 33.9% | |
| Continuous Operations Profit Margin | 27.3% | 23.9% | 14.8% | 28.4% | 25.4% | |
| Net Profit Margin | 27.3% | 23.9% | 14.8% | 28.4% | 25.4% | |
| Bottom Line Profit Margin | 27.3% | 23.9% | 14.8% | 28.4% | 25.4% | |
| Current Ratio | 5,079.448 | 0.181 | 0.181 | 0.162 | 0.253 | |
| Quick Ratio | 5,079.448 | 0.181 | 0.181 | 0.162 | 0.253 | |
| Solvency Ratio | 0.021 | 0.018 | 0.011 | 0.015 | 0.011 | |
| Cash Ratio | 450.670 | 0.073 | 0.069 | 0.022 | 0.094 | |
| Price To Earnings Ratio | 12.058 | 12.732 | 19.300 | 11.768 | 15.177 | |
| Price To Earnings Growth Ratio | 0.546 | 0.130 | -0.501 | 0.588 | -5.196 | |
| Forward Price To Earnings Growth Ratio | 0.546 | 0.130 | -0.501 | 0.588 | -5.196 | |
| Price To Earnings Diluted Ratio | 12.403 | 13.032 | 19.725 | 12.163 | 15.763 | |
| Price To Earnings Diluted Growth Ratio | 0.577 | 0.134 | -0.522 | 0.591 | -3.456 | |
| Price To Book Ratio | 1.445 | 1.346 | 1.142 | 1.141 | 1.032 | |
| Price To Sales Ratio | 3.288 | 3.040 | 2.846 | 3.342 | 3.851 | |
| Price To Free Cash Flow Ratio | 12.159 | 13.468 | 13.217 | 10.553 | 10.848 | |
| Price To Operating Cash Flow Ratio | 11.835 | 11.804 | 10.989 | 9.453 | 9.427 | |
| Debt To Assets Ratio | 0.015 | 0.018 | 0.020 | 0.062 | 0.028 | |
| Debt To Equity Ratio | 0.107 | 0.138 | 0.161 | 0.558 | 0.243 | |
| Debt To Capital Ratio | 0.097 | 0.121 | 0.138 | 0.358 | 0.196 | |
| Long Term Debt To Capital Ratio | 0.097 | 0.121 | 0.138 | 0.188 | 0.196 | |
| Financial Leverage Ratio | 7.303 | 7.500 | 8.151 | 9.012 | 8.628 | |
| Working Capital Turnover Ratio | 0.801 | -0.087 | -0.068 | -0.059 | -0.064 | |
| Operating Cash Flow Ratio | 104.802 | 0.018 | 0.015 | 0.016 | 0.015 | |
| Operating Cash Flow Sales Ratio | 0.278 | 0.257 | 0.259 | 0.354 | 0.409 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.973 | 0.876 | 0.831 | 0.896 | 0.869 | |
| Debt Service Coverage Ratio | 1.007 | 0.828 | 0.565 | 0.331 | 5.477 | |
| Interest Coverage Ratio | 1.137 | 0.911 | 0.613 | 3.703 | 5.963 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 0.000 | 0.370 | 0.000 | |
| Operating Cash Flow Coverage Ratio | 1.138 | 0.829 | 0.647 | 0.216 | 0.450 | |
| Capital Expenditure Coverage Ratio | 37.521 | 8.096 | 5.932 | 9.596 | 7.635 | |
| Dividend Paid And Capex Coverage Ratio | 6.748 | 4.045 | 3.682 | 9.596 | 7.635 | |
| Dividend Payout Ratio | 0.124 | 0.133 | 0.181 | 0.000 | 0.000 | |
| Enterprise Value Multiple | 6.396 | 6.992 | 8.146 | 10.056 | 5.478 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 69.5% | ▲3.0% | ▼-5.7% |
| Ebit Margin | 33.8% | ▲4.0% | ▲2.6% |
| Ebitda Margin | 36.5% | ▲3.4% | ▲0.7% |
| Operating Profit Margin | 33.8% | ▲4.0% | ▲2.6% |
| Pretax Profit Margin | 33.8% | ▲4.0% | ▲2.6% |
| Continuous Operations Profit Margin | 27.3% | ▲3.4% | ▲3.3% |
| Net Profit Margin | 27.3% | ▲3.4% | ▲3.3% |
| Bottom Line Profit Margin | 27.3% | ▲3.4% | ▲3.3% |
| Current Ratio | 5079.448 | ▲5079.266 | ▲4063.403 |
| Quick Ratio | 5079.448 | ▲5079.266 | ▲4063.403 |
| Solvency Ratio | 0.021 | ▲0.002 | ▲0.006 |
| Cash Ratio | 450.670 | ▲450.598 | ▲360.485 |
| Price To Earnings Ratio | 12.058 | ▼-0.674 | ▼-2.149 |
| Price To Earnings Growth Ratio | 0.546 | ▲0.415 | ▲1.432 |
| Forward Price To Earnings Growth Ratio | 0.546 | ▲0.415 | ▲1.432 |
| Price To Earnings Diluted Ratio | 12.403 | ▼-0.629 | ▼-2.215 |
| Price To Earnings Diluted Growth Ratio | 0.577 | ▲0.443 | ▲1.112 |
| Price To Book Ratio | 1.445 | ▲0.099 | ▲0.224 |
| Price To Sales Ratio | 3.288 | ▲0.249 | ▲0.015 |
| Price To Free Cash Flow Ratio | 12.159 | ▼-1.309 | ▲0.110 |
| Price To Operating Cash Flow Ratio | 11.835 | ▲0.031 | ▲1.133 |
| Debt To Assets Ratio | 0.015 | ▼-0.004 | ▼-0.014 |
| Debt To Equity Ratio | 0.107 | ▼-0.030 | ▼-0.134 |
| Debt To Capital Ratio | 0.097 | ▼-0.024 | ▼-0.085 |
| Long Term Debt To Capital Ratio | 0.097 | ▼-0.024 | ▼-0.051 |
| Financial Leverage Ratio | 7.303 | ▼-0.197 | ▼-0.815 |
| Working Capital Turnover Ratio | 0.801 | ▲0.888 | ▲0.697 |
| Operating Cash Flow Ratio | 104.802 | ▲104.784 | ▲83.829 |
| Operating Cash Flow Sales Ratio | 0.278 | ▲0.020 | ▼-0.033 |
| Free Cash Flow Operating Cash Flow Ratio | 0.973 | ▲0.097 | ▲0.084 |
| Debt Service Coverage Ratio | 1.007 | ▲0.179 | ▼-0.634 |
| Interest Coverage Ratio | 1.137 | ▲0.226 | ▼-1.329 |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | ▼-0.074 |
| Operating Cash Flow Coverage Ratio | 1.139 | ▲0.310 | ▲0.482 |
| Capital Expenditure Coverage Ratio | 37.521 | ▲29.425 | ▲23.765 |
| Dividend Paid And Capex Coverage Ratio | 6.748 | ▲2.704 | ▲0.407 |
| Dividend Payout Ratio | 0.124 | ▼-0.010 | ▲0.036 |
| Enterprise Value Multiple | 6.396 | ▼-0.596 | ▼-1.017 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $1.82B | $1.58B | $1.19B | $1.11B | $920.6M | |
| Enterprise value | $1.29B | $1.20B | $855.6M | $1.48B | $520.3M | |
| EV / Sales | 2.34x | 2.32x | 2.05x | 4.47x | 2.18x | |
| EV / Op. cash flow | 8.41x | 9.00x | 7.92x | 12.65x | 5.33x | |
| EV / Free cash flow | 8.64x | 10.26x | 9.53x | 14.12x | 6.13x | |
| EV / EBITDA | 6.40x | 6.99x | 8.15x | 10.06x | 5.48x | |
| Net debt / EBITDA | -2.60x | -2.18x | -3.15x | 2.54x | -4.21x | |
| Current ratio | 5079.45x | 0.18x | 0.18x | 0.16x | 0.25x | |
| Income quality | 1.02x | 1.08x | 1.75x | 1.25x | 1.61x | |
| Graham number | $138 | $120 | $81 | $103 | $103 | |
| Graham net-net | -$111 | -$417 | -$409 | -$475 | -$482 | |
| Tax burden | 80.6% | 80.0% | 71.0% | 75.0% | 74.8% | |
| Interest burden | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Working capital | $7.44B | -$6.06B | -$5.90B | -$6.34B | -$4.88B | |
| Invested capital | $7.94B | -$5.55B | -$5.38B | -$5.83B | -$4.45B | |
| Return on assets | 1.6% | 1.4% | 0.7% | 1.1% | 0.8% | |
| Operating ROA | 2.1% | 1.8% | 1.0% | 1.5% | 1.3% | |
| Return on tangible assets | 1.7% | 1.5% | 0.8% | 1.1% | 0.8% | |
| Return on equity | 12.0% | 10.6% | 5.9% | 9.7% | 6.8% | |
| Return on invested capital | 1.6% | 8.9% | 4.8% | 6.2% | 5.2% | |
| Return on capital employed | 2.0% | 11.1% | 6.8% | 10.5% | 7.0% | |
| Earnings yield | 8.3% | 7.9% | 5.2% | 8.5% | 6.6% | |
| Free cash flow yield | 8.2% | 7.4% | 7.6% | 9.5% | 9.2% | |
| Capex / Op. cash flow | 2.7% | 12.4% | 16.9% | 10.4% | 13.1% | |
| Capex / Depreciation | 27.3% | 97.5% | 98.9% | 55.8% | 92.3% | |
| Capex / Sales | 0.7% | 3.2% | 4.4% | 3.7% | 5.4% | |
| SG&A / Sales | 27.5% | 23.2% | 26.6% | 29.8% | 32.7% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 1.3% | 1.3% | 1.5% | 2.1% | 3.1% | |
| Intangibles / Total assets | 4.2% | 4.4% | 4.7% | 4.6% | 4.4% | |
| Days sales outstanding | 4470d | 0d | 117d | 152d | 173d | |
| Days payables outstanding | 16724d | 0d | 0d | 563d | 880d | |
| Operating cycle | 4470d | 0d | 117d | 152d | 173d | |
| Cash conversion cycle | -12254d | 0d | 117d | -412d | -707d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-10-15 Nicolet Bankshares (NIC) to Report Q3 Results: Wall Street Expects Earnings Growth Nicolet Bankshares (NIC) doesn''t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 2026-08-25 Nicolet Bankshares Inc. $NIC Shares Bought by BlackRock Inc. BlackRock Inc. boosted its holdings in Nicolet Bankshares Inc. (NYSE: NIC) by 86.3% in the undefined quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,027,246 shares of the company''s stock after acquiring an additional 1,402,419 shares during the quarter. BlackRock Inc. owned about 14.44% of
- 2026-08-17 Nicolet Bankshares Inc. (NYSE:NIC) Receives $183.00 Average PT from Brokerages Shares of Nicolet Bankshares Inc. (NYSE: NIC - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the seven brokerages that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year
- 2026-07-28 Nicolet Bankshares Inc. $NIC Stake Boosted by Dimensional Fund Advisors LP Dimensional Fund Advisors LP lifted its stake in Nicolet Bankshares Inc. (NYSE: NIC) by 32.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 819,274 shares of the company''s stock after acquiring an additional 198,997 shares during the quarter. Dimensional Fund Advisors LP
- 2026-07-23 XLF vs. KBE: Which Financial ETF Is the Better Buy? KBE delivered stronger 1-year returns but has experienced greater historical volatility, while XLF offers a lower expense ratio and broader, more diversified financial exposure.
- 2026-07-21 Here''s What Key Metrics Tell Us About Nicolet Bankshares (NIC) Q2 Earnings While the top- and bottom-line numbers for Nicolet Bankshares (NIC) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 2026-07-21 Nicolet Bankshares (NIC) Q2 Earnings and Revenues Top Estimates Nicolet Bankshares (NIC) came out with quarterly earnings of $2.99 per share, beating the Zacks Consensus Estimate of $2.96 per share. This compares to earnings of $2.35 per share a year ago.
- 2026-07-21 Nicolet Bankshares, Inc. Announces Second Quarter 2026 Earnings GREEN BAY, Wis.--(BUSINESS WIRE)--Nicolet Bankshares, Inc. (NYSE: NIC) (“Nicolet”) announced net income of $57 million and earnings per diluted common share of $2.62 for second quarter 2026, compared to net income of $15 million and earnings per diluted common share of $0.81 for first quarter 2026, and net income of $36 million and earnings per diluted common share of $2.34 for second quarter 2025. Net income included certain non-core items, mostly merger-related expenses, that negatively impac.