Nicolet Bankshares Inc. (NIC) Stock

About Nicolet Bankshares Inc.

Nicolet Bankshares Inc. (NIC) stock trades at $171.41 with a market capitalization of $3.59B. The stock is valued at a price-to-earnings (P/E) ratio of 18.04, price-to-book of 1.08, price-to-sales of 5.51. Over the past 52 weeks the stock has ranged between $114.12 and $180.00, and currently trades 4.8% below its 52-week high. It pays a dividend yielding 0.87%.

On profitability, Nicolet Bankshares Inc. generates a return on equity (ROE) of 8.81%, return on capital employed of 1.26%, an operating margin of 33.82%, a net profit margin of 29.53%.

Nicolet Bankshares Inc. by the numbers, 2016–2025

Between 2016 and 2025 Nicolet Bankshares Inc. reported revenue of $102.0M rising to $553.0M, a change of +442.2% across 10 years. Compounded, revenue has grown 21.0% a year over five years, 18.5% over three, 6.5% over the last twelve months. Net profit rose to $151.0M.

Operating margin went from 27.5% in 2016 to 33.8% in 2025, a gain of 6.3 percentage points. The most recent net margin is 29.53%. On a trailing twelve-month basis to Jun '26, revenue is $522.0M and net profit $154.0M.

Borrowings rose from $38.0M to $135.0M, cash from operations was $154.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 9.0% over five years, and was 12.0% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Nicolet Bankshares Inc. (NIC) — frequently asked questions