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Nicolet Bankshares Inc (NIC) stock

NICNYSENational Commercial BanksFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 13/3033% above fair value
$174.86−0.67 (-0.38%)

Close on Nov 11, 2026Market cap $3.64BP/E 19.3Yield 0.71%

Nicolet Bankshares Inc grew revenue 55.3% to $591.02M over the twelve months to Sep 30, 2026. Free cash flow was $195.31M, up 27.5% from a year earlier. At the latest close the market valued the company at $3.64B, 19.3 times its earnings.

Revenue
$591.02M
+55.3% vs. a year earlier
Free cash flow
$195.31M
+27.5% vs. a year earlier
EPS, diluted
$9.04
-3.3% vs. a year earlier

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026

Valuation

Market cap
$3.64B
P/E ratio
19.3
Price to sales
6.15
Price to book
1.63
Dividend yield
0.71%
Free cash flow yield
5.37%

Fundamentals

Revenue
$591.02M
Net income
$176.15M
EPS, diluted
$9.04
Free cash flow
$195.31M
Book value per share
$103.71
Diluted shares
22M

Trading

Next earnings
Jan 19, 2027 (estimated, during market hours)
Previous close
$175.53
Open
$176.44
Day's range
$174.04 – $176.45
Volume
117,902
Average volume (20 days)
165,664
Index membership
S&P SmallCap 600, Russell 2000, Russell 3000
Beta (5 years)
0.67
52-week range
$118.33 – $180.00
RSI (14 days)
59.9
Volatility (1 year)
27.5%
Relative volume
0.69×
WACC
8.2%

On 1 of our idea list: Breakout quarter

Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.

Market cap history

Month-end market cap since 2013, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.

PeriodNICS&P 500DifferenceNIC per yearS&P 500 per year
1 month+7.4%-2.4%+9.8 pts
3 months-1.1%-1.2%+0.0 pts
Year to date+45.1%+12.3%+32.8 pts
1 year+41.9%+12.4%+29.5 pts
3 years+147.3%+78.8%+68.5 pts+35.2%+21.4%
5 years+139.5%+75.2%+64.3 pts+19.1%+11.9%
10 years+315.9%+311.1%+4.8 pts+15.3%+15.2%

Fifteen years at a glance

Fiscal years 2011 to 2025 and trailing twelve months, USD

Revenue

$591.02M+55.3% YoY

Net income

$176.15M+21.6% YoY

EPS, diluted

$9.04-3.3% YoY

Free cash flow

$195.31M+27.5% YoY
Reported periodTrailing twelve months

Press releases

Releases Nicolet Bankshares filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About Nicolet Bankshares

National Commercial Banks

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.

Company profile, executives and history

Nicolet Bankshares stock: common questions

What is Nicolet Bankshares's stock price?

NIC closed at $174.86 on Nov 11, 2026, down 0.38% on the day. Over the past 52 weeks it traded between $118.33 and $180.00.

What is Nicolet Bankshares's market cap?

Nicolet Bankshares was worth $3.64B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.

What is NIC's P/E ratio?

NIC trades at 19.3 times earnings, based on diluted earnings per share of $9.04 over the twelve months to Sep 30, 2026.

How much revenue does Nicolet Bankshares make?

Nicolet Bankshares reported revenue of $591.02M for the twelve months to Sep 30, 2026, up 55.3% from a year earlier.

Does Nicolet Bankshares pay a dividend?

Yes. Nicolet Bankshares paid $1.24 per share over the last twelve months, a yield of 0.71% at the latest price, and has raised its annual dividend 2 years in a row.

When does Nicolet Bankshares report earnings next?

Nicolet Bankshares is expected to report Q4 FY2026 results on Jan 19, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.

How has NIC stock performed over the past year?

Including dividends, NIC returned +41.9% over the past year, against +12.4% for the S&P 500.

How many NIC shares are sold short?

1M shares were sold short at the latest FINRA report, 5.92% of the float, or 6.2 days of average trading volume.

Who are Nicolet Bankshares's competitors?

Companies most similar to Nicolet Bankshares by business, industry and size include NWBI, FRME, FCF, FSUN, PRK.

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