Nicolet Bankshares Inc. (NYSE:NIC – Get Free Report) declared a quarterly dividend on Monday, October 19th. Shareholders of record on Tuesday, December 1st will be given a dividend of $0.36 per share on Tuesday, December 15th. This represents a $1.44 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, December 1st.
Nicolet Bankshares has a dividend payout ratio of 15.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect Nicolet Bankshares to earn $13.32 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 10.8%.
Nicolet Bankshares Stock Performance
Shares of Nicolet Bankshares stock traded up $1.87 on Wednesday, reaching $166.48. 88,861 shares of the company traded hands, compared to its average volume of 209,679. Nicolet Bankshares has a 52 week low of $114.11 and a 52 week high of $180.00. The company has a 50 day moving average of $168.68 and a 200 day moving average of $159.53. The firm has a market capitalization of $3.49 billion, a PE ratio of 18.90 and a beta of 0.64. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.90 and a quick ratio of 0.90.
Nicolet Bankshares (NYSE:NIC – Get Free Report) last posted its quarterly earnings results on Tuesday, October 20th. The company reported $3.15 EPS for the quarter, topping analysts’ consensus estimates of $3.07 by $0.08. Nicolet Bankshares had a net margin of 21.77% and a return on equity of 11.36%. The company had revenue of $174.43 million for the quarter, compared to analysts’ expectations of $173.64 million. Equities analysts forecast that Nicolet Bankshares will post 12.02 earnings per share for the current year.
Nicolet Bankshares Company Profile
Nicolet Bankshares, Inc is a bank holding company headquartered in Green Bay, Wisconsin. Through its principal subsidiary, Nicolet National Bank, the company provides banking and financial services to individuals, families, businesses and organizations.
Nicolet National Bank offers commercial and consumer lending, deposit accounts, residential and commercial real estate financing, treasury management and other business banking services. Its offerings also include wealth management, trust and investment services, mortgage banking and related financial solutions.
Founded in 2000, Nicolet has built a community-banking franchise serving customers primarily in Wisconsin and neighboring market areas.
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