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	May 20, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	3,025	1,797	1,611	1,199	1,172	1,200
Market Cap Growth	66.42%	11.52%	34.40%	2.26%	-2.32%	80.65%
Enterprise Value	2,589	1,931	1,772	1,366	1,398	1,417
Last Close Price	142.33	121.30	104.91	80.48	79.79	85.75
PE Ratio	17.28	12.40	13.03	19.73	12.16	15.76
Forward PE	11.79	11.01	13.28	12.04	9.76	14.62
PS Ratio	7.06	4.63	4.65	4.40	4.09	5.70
PB Ratio	1.34	1.43	1.37	1.15	1.21	1.35
P/TBV Ratio	1.02	1.49	1.38	1.17	1.18	1.07
P/FCF Ratio	24.55	12.02	13.79	13.41	11.15	14.14
P/OCF Ratio	23.63	11.70	12.05	11.10	9.98	12.29
EV/Sales Ratio	6.04	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	21.02	12.92	15.17	15.27	13.29	16.70
Debt / Equity Ratio	0.08	0.11	0.14	0.16	0.23	0.24
Debt / EBITDA Ratio	13.48	9.00	9.52	9.07	10.28	15.65
Debt / FCF Ratio	1.43	0.90	1.38	1.87	2.14	2.56
Net Debt / Equity Ratio	0.08	0.11	0.14	0.16	0.23	0.24
Net Debt / EBITDA Ratio	13.48	9.00	9.52	9.07	10.28	15.65
Net Debt / FCF Ratio	1.43	0.90	1.38	1.87	2.14	2.56
Asset Turnover	0.03	0.04	0.04	0.03	0.03	0.03
Return on Equity (ROE)	7.59%	12.40%	11.22%	6.12%	10.11%	8.48%
Earnings Yield	4.41%	8.06%	7.67%	5.07%	8.22%	6.34%
FCF Yield	4.07%	8.32%	7.25%	7.46%	8.97%	7.07%
Dividend Yield	1.01%	1.03%	1.05%	0.94%	0.00%	0.00%
Payout Ratio	16.02%	12.38%	13.34%	18.07%	0.00%	0.00%
Buyback Yield / Dilution	-4.28%	0.08%	-2.29%	-4.84%	-28.98%	-5.73%
Total Shareholder Return	-3.27%	1.10%	-1.24%	-3.90%	-28.98%	-5.73%

Updated May 6, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q