Nicolet Bankshares, Inc. (NIC)

Nicolet Bankshares Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Interest Income	286.23	268.07	241.52	239.96	157.96	129.34
Net Interest Income Growth	12.73%	10.99%	0.65%	51.92%	22.13%	11.42%
Non-Interest Income	74.48	82.27	35.97	57.92	67.36	62.63
Non-Interest Income Growth	4.35%	128.70%	-37.89%	-14.02%	7.57%	17.35%
Revenues Before Loan Losses	360.71	350.33	277.49	297.88	225.32	191.96
Provision for Credit Losses	4.3	3.85	4.99	11.5	14.9	10.3
Revenue	356.41	346.48	272.5	286.38	210.42	181.66
Revenue Growth (YoY)	10.78%	27.15%	-4.85%	36.10%	15.83%	7.98%
Compensation Expenses	111.25	108.41	99.11	88.71	70.62	57.12
Selling, General & Admin	62.2	61.22	63.9	52.71	38.45	32.61
Other Non-Interest Expenses	21.61	21.72	22.85	19.22	20.23	10.99
Total Non-Interest Expense	195.06	191.35	185.87	160.64	129.3	100.72
Pretax Income	168.96	155.13	86.63	125.74	81.12	80.95
Provision for Income Taxes	33.34	31.07	25.12	31.48	20.47	20.48
Net Income	135.62	124.06	61.52	94.26	60.65	60.12
Minority Interest in Earnings	-	-	-	-	-	0.35
Net Income to Common	135.62	124.06	61.52	94.26	60.65	60.12
Net Income Growth	29.31%	101.67%	-34.74%	55.41%	0.88%	10.03%
Shares Outstanding (Basic)	15	15	15	14	11	10
Shares Outstanding (Diluted)	16	15	15	14	11	11
Shares Change (YoY)	2.37%	2.29%	4.84%	28.98%	5.73%	6.48%
EPS (Basic)	8.96	8.24	4.17	6.78	5.65	5.82
EPS (Diluted)	8.73	8.05	4.08	6.56	5.44	5.70
EPS Growth	26.34%	97.30%	-37.80%	20.59%	-4.56%	3.26%
Free Cash Flow	153.73	133.75	107.97	117.4	97.65	78.9
Free Cash Flow Growth	14.94%	23.87%	-8.03%	20.22%	23.77%	35.71%
Free Cash Flow Per Share	9.88	8.68	7.16	8.17	8.76	7.48
Dividends Per Share	1.160	1.090	0.750	-	-	-
Dividend Growth	6.42%	45.33%	-	-	-	-
Profit Margin	38.05%	35.81%	22.57%	32.91%	28.82%	33.29%
FCF Margin	43.13%	38.60%	39.62%	40.99%	46.41%	43.43%
EBITDA	15.09	16.95	18.4	21.93	13.86	10.69
EBITDA Margin	4.23%	4.89%	6.75%	7.66%	6.59%	5.88%
Effective Tax Rate	19.73%	20.03%	28.99%	25.03%	25.23%	25.30%

Updated Jul 15, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q