Nicolet Bankshares (NYSE:NIC) Announces Quarterly Earnings Results, Beats Expectations By $0.14 EPS

Posted by on Jul 22nd, 2026

Nicolet Bankshares (NYSE:NIC – Get Free Report) released its earnings results on Tuesday. The company reported $2.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.85 by $0.14, FiscalAI reports. Nicolet Bankshares had a return on equity of 11.48% and a net margin of 21.89%.The firm had revenue of $177.75 million for the quarter, compared to analysts’ expectations of $171.93 million.

Nicolet Bankshares Stock Performance

NYSE NIC opened at $167.85 on Wednesday. The company’s 50 day moving average is $151.67 and its 200-day moving average is $148.29. The firm has a market cap of $3.57 billion, a P/E ratio of 19.68 and a beta of 0.65. Nicolet Bankshares has a 12-month low of $114.11 and a 12-month high of $173.48. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.08.

Nicolet Bankshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.36 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $1.44 annualized dividend and a dividend yield of 0.9%. Nicolet Bankshares’s payout ratio is presently 16.88%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Zacks Research upgraded shares of Nicolet Bankshares from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. Hovde Group cut their target price on Nicolet Bankshares from $190.00 to $180.00 and set an “outperform” rating on the stock in a research report on Thursday, April 23rd. Weiss Ratings cut Nicolet Bankshares from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 18th. Piper Sandler reduced their price objective on shares of Nicolet Bankshares from $185.00 to $183.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Finally, Raymond James Financial started coverage on shares of Nicolet Bankshares in a research report on Tuesday, June 23rd. They set a “market perform” rating on the stock. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Nicolet Bankshares currently has a consensus rating of “Moderate Buy” and an average price target of $176.50.

Get Our Latest Stock Report on Nicolet Bankshares

Institutional Trading of Nicolet Bankshares

Institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada increased its position in shares of Nicolet Bankshares by 150.8% during the 1st quarter. Royal Bank of Canada now owns 13,987 shares of the company’s stock valued at $1,524,000 after purchasing an additional 8,410 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Nicolet Bankshares by 15.2% during the first quarter. AQR Capital Management LLC now owns 11,819 shares of the company’s stock valued at $1,288,000 after buying an additional 1,557 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Nicolet Bankshares by 6.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,134 shares of the company’s stock worth $886,000 after buying an additional 517 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Nicolet Bankshares by 6.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 29,778 shares of the company’s stock worth $3,245,000 after buying an additional 1,922 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in Nicolet Bankshares by 3,940.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 202 shares of the company’s stock valued at $25,000 after acquiring an additional 197 shares during the period. Hedge funds and other institutional investors own 43.06% of the company’s stock.

About Nicolet Bankshares

(Get Free Report)

Nicolet Bankshares, Inc is a bank holding company headquartered in Green Bay, Wisconsin. Through its subsidiary, Nicolet National Bank, it provides a range of commercial and consumer banking services to businesses, individuals and nonprofit organizations across northeastern Wisconsin and the Upper Peninsula of Michigan. The company’s branch network, digital banking platform and commercial lending centers support its focus on community banking and regional growth.

The company offers deposit products such as checking, savings and money market accounts, alongside consumer and commercial lending solutions.

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Earnings History for Nicolet Bankshares (NYSE:NIC)

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