Nicolet Bankshares, Inc. operates as the holding company for Nicolet National Bank that provides commercial and retail banking services for businesses and individuals.
No risks detected for NCBS from our risk checks.
Flawless balance sheet with proven track record.
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 11.1% over the past year.
Return vs Market: NCBS exceeded the US Market which returned 19.3% 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
1 week ago | Simply Wall StShould You Worry About Nicolet Bankshares, Inc.'s (NASDAQ:NCBS) CEO Pay Cheque?
3 months ago | Simply Wall StDo Insiders Own Lots Of Shares In Nicolet Bankshares, Inc. (NASDAQ:NCBS)?
4 months ago | Simply Wall StThe Nicolet Bankshares (NASDAQ:NCBS) Share Price Has Gained 196%, So Why Not Pay It Some Attention?
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 ($73.19) is trading below our estimate of fair value ($110.18)
Significantly Below Fair Value: NCBS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NCBS is poor value based on its PE Ratio (12.8x) compared to the Banks industry average (12.6x).
PE vs Market: NCBS is good value based on its PE Ratio (12.8x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: NCBS is poor value based on its PEG Ratio (16.2x)
Price to Book Ratio
PB vs Industry: NCBS is overvalued based on its PB Ratio (1.6x) compared to the US Banks industry average (1.2x).
How is Nicolet Bankshares forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NCBS's forecast earnings growth (0.8% per year) is below the savings rate (1.7%).
Earnings vs Market: NCBS's earnings (0.8% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: NCBS's earnings are forecast to grow, but not significantly.
Revenue vs Market: NCBS's revenue is expected to decline over the next 3 years (-12.9% per year).
High Growth Revenue: NCBS's revenue is forecast to decline over the next 3 years (-12.9% 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 (9.6%).
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 (32.5%) are higher than last year (28.4%).
Past Earnings Growth Analysis
Earnings Trend: NCBS's earnings have grown significantly by 36.2% per year over the past 5 years.
Accelerating Growth: NCBS's earnings growth over the past year (33.2%) is below its 5-year average (36.2% per year).
Earnings vs Industry: NCBS earnings growth over the past year (33.2%) exceeded the Banks industry 12.2%.
Return on Equity
High ROE: NCBS's Return on Equity (12.8%) is considered low.
Return on Assets
Return on Capital Employed
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
Inventory Level: NCBS has a low level of unsold assets or inventory.
Debt Coverage by Assets: NCBS's debt is covered by short term assets (assets are 3.3x debt).
Financial Institutions Analysis
Asset Level: NCBS's level of assets compared to its equity is low.
Allowance for Bad Loans: NCBS has a sufficient allowance for bad loans.
Low Risk Liabilities: NCBS's liabilities are made up of primarily low risk sources of funding.
Loan Level: NCBS has an acceptable proportion of non-loan assets held.
Low Risk Deposits: NCBS's loans are broadly funded by customer deposits.
Level of Bad Loans: NCBS has an appropriate level of bad loans (0.41%)
What is Nicolet Bankshares's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate NCBS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NCBS's dividend yield against the top 25% of dividend payers, as the company has not reported any 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 (62yo)
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 ($USD1.10M) is below average for companies of similar size in the US market ($USD2.48M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||11yrs||US$519.94k||0.27% $2.1m|
|EVP, Secretary & Director||20.1yrs||US$1.11m||0.83% $6.4m|
|Executive Vice President of Nicolet National Bank||19.5yrs||US$528.28k||0.24% $1.9m|
|Corporate Development Officer / Investor Relations||0yrs||no data||no data|
Experienced Management: NCBS's management team is seasoned and experienced (15.3 years average tenure).
|EVP, Secretary & Director||20.1yrs||US$1.11m||0.83% $6.4m|
|Independent Director||3.8yrs||US$40.48k||0.16% $1.3m|
|Independent Director||1.8yrs||US$29.98k||0.042% $326.1k|
|Independent Director||17.1yrs||US$45.73k||0.94% $7.3m|
|Independent Director||20.1yrs||US$44.98k||0.85% $6.6m|
|Independent Director||9.1yrs||US$45.73k||0.36% $2.8m|
|Independent Director||6.8yrs||US$52.73k||0.034% $260.6k|
|Independent Director||14.1yrs||US$46.48k||0.66% $5.1m|
Experienced Board: NCBS's board of directors are seasoned and experienced ( 15.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NCBS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
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$774.406m
- Shares outstanding: 10.59m
- 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, 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; owner-occupied commercial real estate loans; agricultural (AG) production and AG real estate loans; commercial real estate investment real estate loans; construction and land development loans; residential real estate loans, such as residential first lien mortgages, junior lien mortgages, home equity loans, lines of credit, 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, remote deposit capture, and telephone banking services; and other services consisting of wire transfers, debit cards, credit cards, pre-paid gift cards, direct deposits, and official bank checks. Additionally, the company provides investment strategy and transactional services to financial institutions. As of December 31, 2018, it operated 38 branches located in northeast and central Wisconsin, as well as in Menominee, Michigan. The company was formerly known as Green Bay Financial Corporation and changed its name to Nicolet Bankshares, Inc. in March 2002. Nicolet Bankshares, Inc. was founded in 2000 and is headquartered in Green Bay, Wisconsin.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/22 01:59|
|End of Day Share Price||2020/02/21 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.