Nicolet Bankshares, Inc. operates as the holding company for Nicolet National Bank that provides commercial and retail banking services for businesses and individuals.
Flawless balance sheet and slightly overvalued.
Share Price & News
How has Nicolet Bankshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NCBS has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NCBS exceeded the US Banks industry which returned -14.6% over the past year.
Return vs Market: NCBS underperformed the US Market which returned 17.1% over the past year.
Price Volatility Vs. Market
How volatile is Nicolet Bankshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhat Kind Of Shareholders Hold The Majority In Nicolet Bankshares, Inc.'s (NASDAQ:NCBS) Shares?
1 month ago | Simply Wall StDo You Know What Nicolet Bankshares, Inc.'s (NASDAQ:NCBS) P/E Ratio Means?
2 months ago | Simply Wall StDoes Nicolet Bankshares, Inc.'s (NASDAQ:NCBS) CEO Salary Reflect Performance?
Is Nicolet Bankshares undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NCBS ($60.6) is trading below our estimate of fair value ($71.82)
Significantly Below Fair Value: NCBS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NCBS is poor value based on its PE Ratio (12.3x) compared to the US Banks industry average (10.1x).
PE vs Market: NCBS is good value based on its PE Ratio (12.3x) compared to the US market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: NCBS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: NCBS is overvalued based on its PB Ratio (1.2x) compared to the US Banks industry average (0.8x).
How is Nicolet Bankshares forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NCBS's earnings are forecast to decline over the next 3 years (-9.4% per year).
Earnings vs Market: NCBS's earnings are forecast to decline over the next 3 years (-9.4% per year).
High Growth Earnings: NCBS's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NCBS's revenue is expected to decline over the next 3 years (-10.2% per year).
High Growth Revenue: NCBS's revenue is forecast to decline over the next 3 years (-10.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NCBS's Return on Equity is forecast to be low in 3 years time (7.6%).
How has Nicolet Bankshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NCBS has high quality earnings.
Growing Profit Margin: NCBS's current net profit margins (29.6%) are lower than last year (32.1%).
Past Earnings Growth Analysis
Earnings Trend: NCBS's earnings have grown significantly by 32.8% per year over the past 5 years.
Accelerating Growth: NCBS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NCBS had negative earnings growth (-1.4%) over the past year, making it difficult to compare to the Banks industry average (-3%).
Return on Equity
High ROE: NCBS's Return on Equity (9.4%) is considered low.
How is Nicolet Bankshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: NCBS's Assets to Equity ratio (8.5x) is low.
Allowance for Bad Loans: NCBS has a sufficient allowance for bad loans (243%).
Low Risk Liabilities: 88% of NCBS's liabilities are made up of primarily low risk sources of funding.
Loan Level: NCBS has an appropriate level of Loans to Assets ratio (61%).
Low Risk Deposits: NCBS's Loans to Deposits ratio (79%) is appropriate.
Level of Bad Loans: NCBS has an appropriate level of bad loans (0.4%).
What is Nicolet Bankshares's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NCBS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NCBS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NCBS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NCBS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NCBS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Atwell (63 yo)
Mr. Robert B. Atwell, also known as Bob, has been the Chairman, Chief Executive Officer and President of Nicolet Bankshares Inc. since May 24, 2016. Mr., Atwell served as a Co-Chairman, Co-Chief Executive ...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD2.80M) is about average for companies of similar size in the US market ($USD2.99M).
Compensation vs Earnings: Bob's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chief Financial Officer||11.5yrs||US$695.14k||0.29% |
|EVP, Secretary & Director||20.58yrs||US$2.80m||0.85% |
|Corporate Development Officer & Investor Relations||no data||no data||no data|
Experienced Management: NCBS's management team is seasoned and experienced (18.6 years average tenure).
|EVP, Secretary & Director||20.58yrs||US$2.80m||0.85% |
|Independent Director||4.33yrs||US$46.48k||0.17% |
|Independent Director||2.25yrs||US$47.98k||0.051% |
|Independent Director||17.58yrs||US$53.23k||0.97% |
|Independent Director||20.58yrs||US$50.98k||0.87% |
|Independent Director||3.33yrs||US$47.98k||0.014% |
|Independent Director||3.33yrs||US$48.73k||4.24% |
|Independent Director||7.33yrs||US$60.98k||0.042% |
|Independent Director||14.58yrs||US$50.23k||0.68% |
|Independent Director||1.58yrs||US$46.48k||0.016% |
Experienced Board: NCBS's board of directors are seasoned and experienced ( 11 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NCBS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.6%.
Nicolet Bankshares, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Nicolet Bankshares, Inc.
- Ticker: NCBS
- Exchange: NasdaqCM
- Founded: 2000
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$630.139m
- Shares outstanding: 10.40m
- Website: https://www.nicoletbank.com
Number of Employees
- Nicolet Bankshares, Inc.
- 111 North Washington Street
- Green Bay
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NCBS||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||May 2013|
Nicolet Bankshares, Inc. operates as the holding company for Nicolet National Bank that provides commercial and retail banking services for businesses and individuals. The company accepts checking, savings ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/13 00:29|
|End of Day Share Price||2020/08/12 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.