NYSE · NICFinancialsBanking & Credit

Nicolet Bankshares,Inc. financials

$163.57−1.91%
Close Sep 29, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
Revenue$556.5M$520.6M$418.8M$331.8M
Gross profit$392.0M$350.3M$277.5M$297.9M
Gross margin70.4%67.3%66.3%89.8%
Operating income$187.0M$155.1M$86.6M$125.7M
Net income$150.7M$124.1M$61.5M$94.3M
Net margin27.1%23.8%14.7%28.4%
Diluted EPS$9.78$8.05$4.08$6.56
EBITDA$188.9M$155.1M$86.8M$127.4M
Operating cash flow$153.5M$133.7M$108.0M$117.4M
Free cash flow$151.8M$117.2M$89.8M$105.2M
Diluted shares15.4M15.4M15.1M14.4M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31
Cash & equivalents$108.0M$115.9M$129.9M$121.2M
Short-term investments$1.48B$1.29B$1.23B$1.71B
Total debt$134.9M$161.4M$166.9M$542.3M
Total assets$9.19B$8.80B$8.47B$8.76B
Total liabilities$7.93B$7.62B$7.43B$7.79B
Shareholders' equity$1.26B$1.17B$1.04B$972.5M

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology