Nicolet Bankshares, Inc. (NIC)
NYSE: NIC · Real-Time Price · USD
178.58
+1.17 (0.66%)
Aug 13, 2026, 11:22 AM EDT - Market open

Nicolet Bankshares Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
154.16150.69124.0661.5294.2660.65
Depreciation & Amortization
10.8114.9916.9518.421.9313.86
Provision for Credit Losses
9.254.253.854.9911.514.9
Stock-Based Compensation
14.087.346.646.447.027.31
Net Change in Loans Held-for-Sale
-0.380.771.80.337.5331.14
Other Adjustments
-23.28-22.34-25.0726.88-24.63-20.7
Changes in Accrued Interest and Accounts Receivable
18.22-5.211.74-5.340.07-10.53
Changes in Accounts Payable
-1.073.04-6.22-5.24-0.281.02
Operating Cash Flow
182.53153.54133.75107.97117.497.65
Operating Cash Flow Growth
18.74%14.79%23.87%-8.03%20.22%23.77%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Change in Short-Term Interbank Lending and Reverse Repurchase Agreements
----9.4110.97
Net Change in Loans Held-for-Investment
-11.85-206.71-267.75-168.8-731.9-76.43
Net Change in Securities and Investments
-80.25-22.677.29766.0183.84-662.89
Cash Acquisitions
165.64----28.22367.8
Proceeds from Business Divestments
----147.83-
Capital Expenditures
-5.33-4.09-16.92-18.57-12.23-12.79
Sale of Property, Plant & Equipment
-2.320.40.37--
Other Investing Activities
3.250.41-11.4612.4614.912.74
Investing Cash Flow
70.73-230.75-288.44591.46-516.36-370.6

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Change in Deposits
47.53327.09205.8819.05-147.52210.38
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements
----317184.13-
Long-Term Debt Issued
-----103.95
Long-Term Debt Repaid
-141.11-27.4-5.17-59-20-187.96
Net Long-Term Debt Issued (Repaid)
-141.11-27.4-5.17-59-20-84.01
Issuance of Common Stock
7.359.6627.2511.383.282.38
Repurchase of Common Stock
-100.34-89.29-12.11-6.03-61.5-62.58
Net Common Stock Issued (Repurchased)
-92.99-79.6315.145.35-58.22-60.2
Common Dividends Paid
-24.09-18.66-16.55-11.12--
Other Financing Activities
------0.79
Financing Cash Flow
-210.65201.4199.3-362.73-41.665.38

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
42.61124.1944.62336.71-440.57-207.57

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
177.2149.44116.8389.41105.1684.86
Free Cash Flow Growth
19.90%27.91%30.67%-14.98%23.92%24.60%
FCF Margin
34.73%38.54%33.72%32.81%36.72%40.33%
Free Cash Flow Per Share
10.019.707.585.937.327.61
SEC Filings: 10-K · 10-Q