NICOLET BANKSHARES INC(NIC)— Stock Profile, AI Score & Financials
Financials · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
NICOLET BANKSHARES INC (NIC) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores NIC at 67.6/100 on a 32-signal composite quality model, placing it at rank #354 of 2,960 stocks — the top 25% of the AI-ranked universe. NIC scores in the top quartile across institutional flow (94.1), free cash flow (87.3), revenue growth (86.0). Areas of concern include revenue scale (38.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 41.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), NICOLET BANKSHARES INC reports quarterly revenue of $177.8M, net income of $56.9M, an operating margin of 40.8%. Top institutional holders of NIC by reported 13-F value include BlackRock, STATE STREET, DIMENSIONAL FUND ADVISORS, based on the most recent SEC filings. NIC trades on the NYSE exchange and files with the SEC under CIK 1174850. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NIC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for NICOLET BANKSHARES INC directly from SEC EDGAR.
AI Quality Score
67.6/100
AI Rank
#354
Revenue
$177.8M
Net Income
$56.9M
Free Cash Flow
$89.3M
Operating Margin
40.8%
NIC key financials by period
NICOLET BANKSHARES INC reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$392.0M
$150.7M
47.7%
FY 2024
10-K
$350.3M
$124.1M
44.3%
FY 2023
10-K
$277.5M
$61.5M
31.2%
FY 2022
10-K
$297.9M
$94.3M
42.2%
FY 2021
10-K
$225.3M
$60.7M
36.0%
FY 2020
10-K
$192.0M
$60.1M
42.2%
Institutions holding NIC
Institutional investors reporting a position in NICOLET BANKSHARES INC on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-07-31 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net income rose to $56.9M ($2.62 diluted EPS) as the MidWest One acquisition nearly doubled net interest income to $141.5M, while merger and debt-extinguishment costs kept noninterest expense up 108% YoY.
Biggest Revenue Drivers
Net interest income$141.5M+88% YoY
Increased volumes from the MidWest One acquisition plus a 42 bps net interest margin expansion to 4.14%
Noninterest income$36.3M+76% YoY
Growth in most core categories primarily due to the acquisition of MidWest One
Biggest Revenue Drivers
Net interest income$141.5M+88% YoY
Increased volumes from the MidWest One acquisition plus a 42 bps net interest margin expansion to 4.14%
Noninterest income$36.3M+76% YoY
Growth in most core categories primarily due to the acquisition of MidWest One
Within Noninterest income
Wealth management fee income$11.7M+72% YoY
Growth in accounts and assets under management from the MidWest One acquisition
Card interchange income$6.3M+71% YoY
Mostly due to the MidWest One acquisition
Largest Expense Items
Personnel$50.6M+74% YoY
Larger employee base due to the MidWest One acquisition, plus merit increases
Occupancy, equipment and office$16.4M+80% YoY
Expanded footprint resulting from the MidWest One acquisition
Other noninterest expense$10.5M+258% YoY
Includes a $5M loss on early redemption of junior subordinated debentures plus higher legal/professional expense
Data processing$7.8M+66% YoY
Mostly due to the MidWest One acquisition
Margins: Net interest margin was 4.14% in Q2 2026, up 42 bps from 3.72% a year earlier, helped by loan purchase accounting accretion (23 bps) and a 57 bps drop in cost of interest-bearing liabilities to 2.29%.
Watch Items from the Filing
Merger-related expense was $7.4M in Q2 ($48.1M year-to-date) and the company recognized a $5M loss on early extinguishment of trust preferred debentures tied to integrating MidWest One.
Nonperforming assets rose to $75.0M (0.49% of total assets) at June 30, 2026 from $32.3M (0.35%) at December 31, 2025, primarily due to the MidWest One acquisition.
Potential problem loans jumped to $190M (2% of loans) from $71M (1%) at year-end 2025, primarily due to the MidWest One acquisition.
Estimated uninsured deposits were $4.3B, or 34% of total deposits, at June 30, 2026, up from $2.5B (32%) at December 31, 2025.
Board increased the common stock repurchase authorization by $150M on July 21, 2026, after only $17M remained available under the prior program.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
