NICOLET BANKSHARES INC
Close on Oct 19, 2026
- Market cap
- $3.53B
- P/E (TTM)
- 18.5
- Dividend yield
- 0.76%
About Nicolet Bankshares
National Commercial Banks, SIC 6021
Nicolet Bankshares, Inc. operates as a bank and financial holding company that conducts its business primarily through Nicolet National Bank, along with non-bank subsidiaries offering wealth management, brokerage, and crop insurance services. The company provides a comprehensive suite of banking and financial solutions to individual consumers, businesses, and municipal or institutional entities. Core services include deposit products such as checking, savings, and cash management accounts, alongside diverse lending solutions spanning residential mortgages, home equity credit, commercial loans, real estate financing, and agricultural credit lines. Nicolet also offers fiduciary, trust, retirement plan, and digital banking services.
As of year-end 2025, the institution operated a network of 57 bank branch locations primarily serving communities across Wisconsin, Michigan, and Minnesota. Through its subsequent merger with MidWest One, the branch system expanded to 114 locations, adding presence in Iowa and Denver, Colorado. Nicolet also maintains an interactive website and a call center, and its corporate headquarters are located in Green Bay, Wisconsin.
Summary of the business section of Nicolet Bankshares's latest annual report, written by StockData.
Company profile
Company
- Legal name
- NICOLET BANKSHARES INC
- Founded
- 2000
- Headquarters
- Green Bay, WI
- Address
- 111 N Washington St 54301
- Phone
- (920) 430-1400
- Website
- investors.nicoletbank.com
- Employees
- 986, Dec 31, 2025
- Industry
- National Commercial Banks
- Incorporated in
- Wisconsin
- Fiscal year ends
- December 31
- Auditor
- Forvis Mazars, LLP, Springfield, Missouri
Stock & identifiers
- Ticker
- NIC
- Exchange
- NYSE
- Shares outstanding
- 21M, Jul 30, 2026
- Public float
- $1.60B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1174850
- CUSIP
- 65406E102
- ISIN
- US65406E1029
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael E. Daniels | Chairman, President & CEO, Director | 142,896 |
| Eric James Witczak | EVP - Retail & Ag Banking | 40,071 |
| Hubert Phillip Moore Jr | CFO | 38,386 |
| William M. Bohn | EVP Wealth Mgmt - Nicolet Bank | 16,585 |
| Brad Vincent Hutjens | EVP - CCO - Nicolet Natl Bank | 38,438 |
| Donald J. Long Jr | Director | 87,164 |
| Robert Bruce Atwell | Director | 43,052 |
| Carl J. Chaney | Director | 3,918 |
| John Nicholas Dykema | Director | 64,326 |
| Robert J. Weyers | Director | 107,332 |
| Janet E. Godwin | Director | 3,793 |
| Glen E. Tellock | Director | 3,357 |
| Susan L. Merkatoris | Director | 78,946 |
| Oliver Pierce Smith | Director | 447,905 |
| Matthew J. Hayek | Director | 4,492 |
| Tracy S. McCormick | Director | 30,226 |
| Andrew F. Hetzel Jr | Director | 10,593 |
| Hector Colon | Director | 4,856 |
| Christopher J. Ghidorzi | Director | 11,832 |
| Dustin James McClone | Director | 6,682 |
| Brenda L. Johnson | Director | 672,790 |
| Marcia M. Anderson | Director | 2,988 |
| Lynn Dale Davis | Director | 12,304 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Daniels | $14.94M | $13.64M | $1.05M | $189 | $211 |
| FY2024 Daniels | $3.21M | $3.34M | $1.91M | $162 | $165 |
| FY2023 Daniels | $1.42M | $1.35M | $834.58K | $123 | $123 |
| FY2022 Daniels | $2.05M | $2.16M | $1.09M | $120 | $113 |
| FY2021 Atwell | $3.53M | $5.26M | $1.74M | $129 | $136 |
| FY2021 Daniels | $3.53M | $5.26M | $1.74M | $129 | $136 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, Nicolet had 986 total employees, of which, approximately 63% were women and 37% were men.”
Corporate history
Events identified from SEC filings