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NICNYSENational Commercial BanksFiscal year ends December 31

NICOLET BANKSHARES INC

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$162.58−1.22 (-0.74%)

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
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

NamePositionShares owned
Michael E. DanielsChairman, President & CEO, Director142,896
Eric James WitczakEVP - Retail & Ag Banking40,071
Hubert Phillip Moore JrCFO38,386
William M. BohnEVP Wealth Mgmt - Nicolet Bank16,585
Brad Vincent HutjensEVP - CCO - Nicolet Natl Bank38,438
Donald J. Long JrDirector87,164
Robert Bruce AtwellDirector43,052
Carl J. ChaneyDirector3,918
John Nicholas DykemaDirector64,326
Robert J. WeyersDirector107,332
Janet E. GodwinDirector3,793
Glen E. TellockDirector3,357
Susan L. MerkatorisDirector78,946
Oliver Pierce SmithDirector447,905
Matthew J. HayekDirector4,492
Tracy S. McCormickDirector30,226
Andrew F. Hetzel JrDirector10,593
Hector ColonDirector4,856
Christopher J. GhidorziDirector11,832
Dustin James McCloneDirector6,682
Brenda L. JohnsonDirector672,790
Marcia M. AndersonDirector2,988
Lynn Dale DavisDirector12,304

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer 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

DateEventDetails
Feb 20, 2026Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Nov 25, 2025MergerRegistration of securities for a merger or exchange offer (S-4)
May 23, 2022DelistingNotice of delisting from exchange (Form 25)
May 18, 2022ListingRegistration of securities on an exchange (Form 8-A)
May 10, 2022Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Apr 19, 2022Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 6, 2021Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Sep 7, 2021Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Aug 27, 2021MergerRegistration of securities for a merger or exchange offer (S-4)
Aug 9, 2021MergerRegistration of securities for a merger or exchange offer (S-4)
Jun 3, 2021Auditor changeChange in certifying accountant (8-K Item 4.01)
May 19, 2021MergerRegistration of securities for a merger or exchange offer (S-4)
May 4, 2020MergerRegistration of securities for a merger or exchange offer (S-4)
Nov 12, 2019Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 7, 2019Auditor changeChange in certifying accountant (8-K Item 4.01)
Aug 2, 2019MergerRegistration of securities for a merger or exchange offer (S-4)
May 1, 2017Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 13, 2016MergerRegistration of securities for a merger or exchange offer (S-4)
May 2, 2016Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Feb 22, 2016ListingRegistration of securities on an exchange (Form 8-A)
Nov 24, 2015MergerRegistration of securities for a merger or exchange offer (S-4)
Apr 29, 2013Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Feb 1, 2013MergerRegistration of securities for a merger or exchange offer (S-4)
Mar 21, 2005DeregistrationTermination of SEC registration (Form 15)