Nicolet Bankshares, Inc. (NIC)

Nicolet Bankshares Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	3,182	1,797	1,611	1,199	1,172	1,200
Market Cap Growth	81.69%	11.52%	34.40%	2.26%	-2.32%	80.65%
Enterprise Value	2,663	1,931	1,772	1,366	1,398	1,417
Last Close Price	148.90	121.30	104.91	80.48	79.79	85.75
PE Ratio	15.22	12.40	13.03	19.73	12.16	15.76
Forward PE	12.46	11.01	13.28	12.04	9.76	14.62
PS Ratio	8.21	4.63	4.65	4.40	4.09	5.70
PB Ratio	1.76	1.43	1.37	1.15	1.21	1.35
P/TBV Ratio	1.82	1.49	1.38	1.17	1.18	1.07
P/FCF Ratio	21.30	12.02	13.79	13.41	11.15	14.14
P/OCF Ratio	20.73	11.70	12.05	11.10	9.98	12.29
EV/Sales Ratio	6.87	4.98	5.12	5.01	4.88	6.73
EV/EBITDA Ratio	-	128.87	104.56	74.21	63.73	102.25
EV/FCF Ratio	17.82	12.92	15.17	15.27	13.29	16.70
Debt / Equity Ratio	0.11	0.11	0.14	0.16	0.23	0.24
Debt / EBITDA Ratio	9.00	9.00	9.52	9.07	10.28	15.65
Debt / FCF Ratio	0.91	0.90	1.38	1.87	2.14	2.56
Net Debt / Equity Ratio	0.11	0.11	0.14	0.16	0.23	0.24
Net Debt / EBITDA Ratio	9.00	9.00	9.52	9.07	10.28	15.65
Net Debt / FCF Ratio	0.91	0.90	1.38	1.87	2.14	2.56
Asset Turnover	0.04	0.04	0.04	0.03	0.03	0.03
Return on Equity (ROE)	12.40%	12.40%	11.22%	6.12%	10.11%	8.48%
Earnings Yield	4.73%	8.06%	7.67%	5.07%	8.22%	6.34%
FCF Yield	4.69%	8.32%	7.25%	7.46%	8.97%	7.07%
Dividend Yield	0.86%	1.03%	1.05%	0.94%	0.00%	0.00%
Payout Ratio	13.09%	12.38%	13.34%	18.07%	0.00%	0.00%
Buyback Yield / Dilution	0.08%	0.08%	-2.29%	-4.84%	-28.98%	-5.73%
Total Shareholder Return	0.94%	1.10%	-1.24%	-3.90%	-28.98%	-5.73%

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

SEC Filings: 10-K · 10-Q