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%
Nicolet Bankshares statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of National Commercial Banks companies for comparison
Valuation
| Measure | Nicolet Bankshares | Industry median |
|---|---|---|
| Market Cap | $3.41B | $679.86M |
| Enterprise Value | $2.94B | $408.94M |
| PE Ratio | 18.45 | 12.00 |
| PS Ratio | 6.56 | 3.61 |
| PB Ratio | 1.50 | 1.18 |
| P/TBV Ratio | 2.37 | 1.41 |
| P/FCF Ratio | 19.57 | 10.93 |
| P/OCF Ratio | 18.67 | 10.04 |
Enterprise value
| Measure | Nicolet Bankshares | Industry median |
|---|---|---|
| EV / Sales | 5.66 | 2.78 |
| EV / FCF | 16.90 | 8.25 |
Income (trailing twelve months)
| Measure | Nicolet Bankshares | Industry median |
|---|---|---|
| Revenue | $519.47M | $170.85M |
| Pretax Income | $193.54M | $70.12M |
| Net Income | $154.16M | $54.33M |
| EPS (Diluted) | $8.81 | $2.90 |
Margins
| Measure | Nicolet Bankshares | Industry median |
|---|---|---|
| Pretax Margin | 37.3% | 36.4% |
| Profit Margin | 29.7% | 29.1% |
| FCF Margin | 33.5% | 33.0% |
Returns
| Measure | Nicolet Bankshares | Industry median |
|---|---|---|
| Return on Equity (ROE) | 8.91% | 10.5% |
| Return on Assets (ROA) | 1.27% | 1.12% |
Growth
| Measure | Nicolet Bankshares | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 41.0% | 11.8% |
| Net Income Growth (YoY) | 13.7% | 23.1% |
| EPS Growth (YoY) | 1.03% | 22.7% |
| FCF Growth (YoY) | 22.6% | 27.1% |
| Revenue Growth (3Y CAGR) | 9.59% | 5.82% |
| Revenue Growth (5Y CAGR) | 15.4% | 6.17% |
| EPS Growth (3Y CAGR) | 14.2% | 1.26% |
| EPS Growth (5Y CAGR) | 11.4% | 8.24% |
Balance sheet
| Measure | Nicolet Bankshares | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $465.25M | $205.54M |
| Total Debt | $0 | $177.19M |
| Net Cash (Debt) | $465.25M | $164.40M |
| Net Cash Per Share | $22.20 | $8.13 |
| Equity (Book Value) | $2.27B | $560.44M |
| Book Value Per Share | $108.39 | $28.47 |
| Tangible Book Value | $1.44B | $472.29M |
Financial position
| Measure | Nicolet Bankshares | Industry median |
|---|---|---|
| Debt / Equity | 0.00 | 0.20 |
| Debt / FCF | 0.00 | 1.81 |
Cash flow (trailing twelve months)
| Measure | Nicolet Bankshares | Industry median |
|---|---|---|
| Operating Cash Flow | $182.53M | $61.20M |
| Capital Expenditures | -$8.42M | -$4.02M |
| Free Cash Flow | $174.11M | $52.43M |
| FCF Per Share | $8.31 | $3.07 |
Efficiency
| Measure | Nicolet Bankshares | Industry median |
|---|---|---|
| Asset Turnover | 0.04 | 0.04 |
| Revenue Per Employee | $526.85K | $353.78K |
| Profits Per Employee | $156.35K | $107.28K |
| Employee Count | 986 | 489 |
Dividends and yields
| Measure | Nicolet Bankshares | Industry median |
|---|---|---|
| Earnings Yield | 4.52% | 8.07% |
| FCF Yield | 5.11% | 8.89% |
| Dividend Yield | 0.76% | 2.48% |
| Buyback Yield | 2.44% | 1.55% |
| Shareholder Yield | 3.20% | 3.13% |
| Dividend Per Share | $1.24 | $0.93 |
| Dividend Growth (YoY) | 13.8% | 4.26% |
| Years of Dividend Growth | 2 | 2 |
| Payout Ratio | 15.6% | 29.4% |
| FCF Payout Ratio | 13.8% | 26.0% |
Shares
| Measure | Nicolet Bankshares | Industry median |
|---|---|---|
| Shares Outstanding | 20,957,500 | 18,839,100 |
| Shares Change (YoY) | 14.1% | 0.39% |
| Shares Change (QoQ) | -1.20% | 0.00% |
| Float | 19,098,300 | 17,061,900 |
| Shares Held by Insiders | 8.87% | 5.89% |
| Shares Held by Institutions | 62.8% | 61.9% |
Taxes
| Measure | Nicolet Bankshares | Industry median |
|---|---|---|
| Income Tax | $39.38M | $14.50M |
| Effective Tax Rate | 20.3% | 21.1% |
Scores
| Measure | Nicolet Bankshares | Industry median |
|---|---|---|
| Graham Number | $146.58 | $45.31 |
| Graham Upside | -9.84% | 21.6% |
| Altman Z-Score | 0.26 | 0.21 |
| Piotroski F-Score | 6 | 6 |
Calculated by StockData from Nicolet Bankshares's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.