Nicolet Bankshares Past Earnings Performance

Past criteria checks 5/6

Nicolet Bankshares has been growing earnings at an average annual rate of 9.3%, while the Banks industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 14.3% per year. Nicolet Bankshares's return on equity is 9.2%, and it has net margins of 30.5%.

Key information

9.3%

Earnings growth rate

-1.0%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	14.3%
Return on equity	9.2%
Net Margin	30.5%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Nicolet Bankshares Non-GAAP EPS of $1.84 misses by $0.16, revenue of $82.94M beats by $10.98M

Jan 17

Nicolet Bankshares Non-GAAP EPS of $1.74 misses by $0.06, revenue of $75.99M beats by $15.24M

Oct 25

Nicolet Bankshares GAAP EPS of $1.73 beats by $0.04, revenue of $69.22M beats by $11.88M

Jul 19

Analysts Just Made A Major Revision To Their Nicolet Bankshares, Inc. (NASDAQ:NCBS) Revenue Forecasts

May 13

Nicolet: Wisconsin Acquirer With Upside

Feb 02

This Just In: Analysts Are Boosting Their Nicolet Bankshares, Inc. (NASDAQ:NCBS) Outlook for This Year

Jan 22

Industry Analysts Just Upgraded Their Nicolet Bankshares, Inc. (NASDAQ:NCBS) Revenue Forecasts By 14%

Jul 22

Don't Ignore The Fact That This Insider Just Sold Some Shares In Nicolet Bankshares, Inc. (NASDAQ:NCBS)

Feb 26

How Much Are Nicolet Bankshares, Inc. (NASDAQ:NCBS) Insiders Taking Off The Table?

Feb 09

Investors Who Bought Nicolet Bankshares (NASDAQ:NCBS) Shares Five Years Ago Are Now Up 111%

Jan 04

Here's What Nicolet Bankshares, Inc.'s (NASDAQ:NCBS) Shareholder Ownership Structure Looks Like

Nov 30

Revenue & Expenses Breakdown
Beta

How Nicolet Bankshares makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:NIC Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	322	98	166
31 Dec 23	272	62	164
30 Sep 23	266	58	156
30 Jun 23	256	60	155
31 Mar 23	249	61	148
31 Dec 22	286	94	142
30 Sep 22	267	83	137
30 Jun 22	242	72	126
31 Mar 22	230	67	119
31 Dec 21	210	61	109
30 Sep 21	199	62	99
30 Jun 21	204	73	93
31 Mar 21	194	68	91
31 Dec 20	182	60	90
30 Sep 20	176	54	88
30 Jun 20	168	50	87
31 Mar 20	170	55	84
31 Dec 19	168	55	85
30 Sep 19	161	53	79
30 Jun 19	158	51	79
31 Mar 19	146	42	79
31 Dec 18	145	41	79
30 Sep 18	143	39	80
30 Jun 18	141	38	78
31 Mar 18	139	37	75
31 Dec 17	131	33	71
30 Sep 17	124	30	67
30 Jun 17	117	27	65
31 Mar 17	106	21	61
31 Dec 16	93	18	54
30 Sep 16	80	15	48
30 Jun 16	65	11	40
31 Mar 16	57	11	35
31 Dec 15	57	11	35
30 Sep 15	56	11	35
30 Jun 15	56	11	35
31 Mar 15	55	11	34
31 Dec 14	53	10	34
30 Sep 14	52	8	34
30 Jun 14	52	8	34
31 Mar 14	50	17	33
31 Dec 13	45	15	30
30 Sep 13	41	15	26
30 Jun 13	34	13	23

Quality Earnings: NIC has high quality earnings.

Growing Profit Margin: NIC's current net profit margins (30.5%) are higher than last year (24.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NIC's earnings have grown by 9.3% per year over the past 5 years.

Accelerating Growth: NIC's earnings growth over the past year (60.5%) exceeds its 5-year average (9.3% per year).

Earnings vs Industry: NIC earnings growth over the past year (60.5%) exceeded the Banks industry -10.1%.

Return on Equity

High ROE: NIC's Return on Equity (9.2%) is considered low.

Return on Assets

Return on Capital Employed

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Nicolet Bankshares Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Nicolet Bankshares, Inc. Reports Net Loan Charge-Offs for the First Quarter Ended March 31, 2024

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Nicolet Bankshares, Inc. Reports Net Loan Charge-Offs for the Third Quarter Ended September 30, 2023

Recent updates

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Nicolet Bankshares, Inc. Reports Net Loan Charge-Offs for the First Quarter Ended March 31, 2024

Executive Director recently sold US$176k worth of stock

Executive Director notifies of intention to sell stock

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Nicolet Bankshares, Inc. Declares Quarterly Cash Dividend, Payable on March 15, 2024

Consensus revenue estimates increase by 15%

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Executive VP & Secretary notifies of intention to sell stock

President notifies of intention to sell stock

Executive Chairman recently sold US$153k worth of stock

Nicolet Bankshares, Inc. Declares Quarterly Cash Dividend, Payable on December 15, 2023

Independent Director recently sold US$230k worth of stock

Nicolet Bankshares, Inc. Announces Step Down of Robert Atwell as Executive Chairman of the Board, Effective January 1, 2024

President notifies of intention to sell stock

Independent Director recently sold US$225k worth of stock

Independent Director notifies of intention to sell stock

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Nicolet Bankshares, Inc. Reports Net Loan Charge-Offs for the Third Quarter Ended September 30, 2023

Upcoming dividend of US$0.25 per share at 1.3% yield

Nicolet Bankshares, Inc. Declares Quarterly Cash Dividend, Payable on September 15, 2023

Nicolet Bankshares, Inc. to Report Q3, 2023 Results on Oct 24, 2023

Executive Chairman exercised options and sold US$551k worth of stock

Price target increased by 16% to US$83.40

Second quarter 2023 earnings: EPS exceeds analyst expectations

Now 24% undervalued

Investor sentiment improves as stock rises 23%

Investor sentiment improves as stock rises 16%

Nicolet Bankshares, Inc. Elects Glen E. Tellock as Director

Chief Financial Officer recently bought US$85k worth of stock

Consensus EPS estimates fall by 39%

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.8% to US$78.60

Price target decreased by 7.1% to US$83.60

Price target decreased by 10% to US$86.20

Full year 2022 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 11%

Full year 2022 earnings: EPS misses analyst expectations

Nicolet Bankshares, Inc. Reports Net Loan Charge-Offs for the Fourth Quarter Ended December 31, 2022

Nicolet Bankshares Non-GAAP EPS of $1.84 misses by $0.16, revenue of $82.94M beats by $10.98M

Nicolet Bankshares, Inc. Reports Net Loan Charge-Offs for the Third Quarter Ended September 30, 2022

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Nicolet Bankshares Non-GAAP EPS of $1.74 misses by $0.06, revenue of $75.99M beats by $15.24M

Independent Director recently bought US$757k worth of stock

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Nicolet Bankshares GAAP EPS of $1.73 beats by $0.04, revenue of $69.22M beats by $11.88M

Nicolet Bankshares, Inc.(NYSE:NIC) dropped from NASDAQ Composite Index

Independent Director recently bought US$759k worth of stock

Analysts Just Made A Major Revision To Their Nicolet Bankshares, Inc. (NASDAQ:NCBS) Revenue Forecasts

Nicolet Bankshares, Inc. Elects Marcia M. Anderson as Director

Consensus forecasts updated

Insider recently bought US$79k worth of stock

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Chief Financial Officer recently bought US$250k worth of stock

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Nicolet Bankshares, Inc. Reports Net Loan Charge-Offs for the First Quarter Ended March 31, 2022

Nicolet Bankshares, Inc. (NasdaqCM:NCBS) entered into an Agreement and Plan of Merger to acquire Charter Bankshares, Inc. from family for approximately $160 million.

Nicolet Bankshares, Inc., Annual General Meeting, May 09, 2022

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Nicolet: Wisconsin Acquirer With Upside

Insider exercised options and sold US$304k worth of stock

Director recently sold US$506k worth of stock

This Just In: Analysts Are Boosting Their Nicolet Bankshares, Inc. (NASDAQ:NCBS) Outlook for This Year

Price target increased to US$93.75

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Chief Financial Officer recently bought US$213k worth of stock

Nicolet Bankshares, Inc. (NasdaqCM:NCBS) completed the acquisition of County Bancorp, Inc. (NasdaqGM:ICBK).

Nicolet Bankshares, Inc. Announces Branch Optimization Strategy to Better Align with Customer Actions

Chief Financial Officer recently bought US$511k worth of stock

Revenue & Expenses Breakdown
Beta