Nicolet Bankshares, Inc. (NIC)

Nicolet Bankshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	306.47	268.07	241.52	239.96	157.96
Net Interest Income Growth	14.33%	10.99%	0.65%	51.92%	22.13%
Non-Interest Income	85.57	82.27	35.97	57.92	67.36
Non-Interest Income Growth	4.01%	128.70%	-37.89%	-14.02%	7.57%
Revenues Before Loan Losses	392.04	350.33	277.49	297.88	225.32
Provision for Credit Losses	4.25	3.85	4.99	11.5	14.9
Revenue	387.79	346.48	272.5	286.38	210.42
Revenue Growth (YoY)	11.92%	27.15%	-4.85%	36.10%	15.83%
Compensation Expenses	115.31	108.41	99.11	88.71	70.62
Selling, General & Admin	63.21	61.22	63.9	52.71	38.45
Other Non-Interest Expenses	22.32	21.72	22.85	19.22	20.23
Total Non-Interest Expense	200.83	191.35	185.87	160.64	129.3
Pretax Income	186.96	155.13	86.63	125.74	81.12
Provision for Income Taxes	36.27	31.07	25.12	31.48	20.47
Net Income	150.69	124.06	61.52	94.26	60.65
Net Income to Common	150.69	124.06	61.52	94.26	60.65
Net Income Growth	21.46%	101.67%	-34.74%	55.41%	0.88%
Shares Outstanding (Basic)	15	15	15	14	11
Shares Outstanding (Diluted)	15	15	15	14	11
Shares Change (YoY)	-0.08%	2.29%	4.84%	28.98%	5.73%
EPS (Basic)	10.06	8.24	4.17	6.78	5.65
EPS (Diluted)	9.78	8.05	4.08	6.56	5.44
EPS Growth	21.49%	97.30%	-37.80%	20.59%	-4.56%
Free Cash Flow	149.44	116.83	89.41	105.16	84.86
Free Cash Flow Growth	27.91%	30.67%	-14.98%	23.92%	24.60%
Free Cash Flow Per Share	9.70	7.58	5.93	7.32	7.61
Dividends Per Share	1.240	1.090	0.750	-	-
Dividend Growth	13.76%	45.33%	-	-	-
Profit Margin	38.86%	35.81%	22.57%	32.91%	28.82%
FCF Margin	38.54%	33.72%	32.81%	36.72%	40.33%
EBITDA	14.99	16.95	18.4	21.93	13.86
EBITDA Margin	3.86%	4.89%	6.75%	7.66%	6.59%
Effective Tax Rate	19.40%	20.03%	28.99%	25.03%	25.23%

Updated Jan 20, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q