NIC · XBRL financial data
Nicolet Bankshares financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (NIC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Interest expense | 20 | 14 | 34 | 141 | — | — |
| Income tax expense (benefit) | 20 | 20 | 31 | 25 | 31 | 36 |
| Net income (loss) | 60 | 61 | 94 | 62 | 124 | 151 |
| Earnings per share, basic USD per share | 5.82 | 5.65 | 6.78 | 4.17 | 8.24 | 10.06 |
| Earnings per share, diluted USD per share | 5.70 | 5.44 | 6.56 | 4.08 | 8.05 | 9.78 |
| Weighted average shares, basic millions of shares | 10 | 11 | 14 | 15 | 15 | 15 |
| Weighted average shares, diluted millions of shares | 11 | 11 | 14 | 15 | 15 | 15 |
Balance sheet
CSVFiscal years (NIC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 803 | 595 | 155 | 491 | 536 | 660 |
| Property and equipment, net | 60 | 95 | 109 | 119 | 127 | 120 |
| Goodwill | 163 | 317 | 367 | 367 | 367 | 367 |
| Total assets | 4,552 | 7,695 | 8,764 | 8,469 | 8,797 | 9,185 |
| Total deposits | 3,910 | 6,466 | 7,179 | 7,198 | 7,404 | 7,731 |
| Total liabilities | 4,013 | 6,803 | 7,791 | 7,430 | 7,624 | 7,927 |
| Retained earnings | 253 | 314 | 408 | 458 | 566 | 698 |
| Total stockholders' equity | 539 | 892 | 973 | 1,039 | 1,173 | 1,258 |
| Total liabilities and equity | 4,552 | 7,695 | 8,764 | 8,469 | 8,797 | 9,185 |
| Common shares outstanding (cover page) millions of shares | 10 | 14 | 15 | 15 | 15 | 21 |
Cash flows
CSVFiscal years (NIC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 60 | 61 | 94 | 62 | 124 | 151 |
| Stock-based compensation | 6 | 7 | 7 | 6 | 7 | 7 |
| Net cash from operating activities | 79 | 98 | 117 | 108 | 134 | 154 |
| Purchases of property and equipment | — | — | — | 19 | 17 | 4 |
| Net cash from investing activities | (209) | (371) | (516) | 591 | (288) | (231) |
| Proceeds from issuing common stock | 2 | 2 | 3 | 7 | 1 | 0 |
| Share repurchases | 42 | 63 | 61 | 2 | 10 | 77 |
| Dividends paid | — | 0 | 0 | 11 | 17 | 19 |
| Proceeds from long-term debt | 368 | 104 | 0 | 0 | — | — |
| Repayments of long-term debt | 384 | 188 | 20 | 59 | 5 | 27 |
| Net cash from financing activities | 751 | 65 | (42) | (363) | 199 | 201 |
| Net change in cash | 621 | (208) | (441) | 337 | 45 | 124 |
Compare with peers
SIC 6021 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6021 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Nicolet Bankshares | 103 | not reported | 73* | 20.8M | 10-QSep 30, 2026 |
| Northwest Bancshares | 248 | not reported | 32* | 146.5M | 10-QJun 30, 2026 |
| FB Financial | 1,018 | not reported | 20* | 49.0M | 10-QSep 30, 2026 |
| First Commonwealth Financial | 180 | not reported | 3.6* | 101.1M | 10-QJun 30, 2026 |
| Lakeland Financial | 116 | not reported | 42* | 24.7M | 10-QSep 30, 2026 |
| Pathward Financial | 149 | 190 | 52* | 20.8M | 10-QJun 30, 2026 |
| City Holding | 267 | not reported | 33* | 14.0M | 10-QJun 30, 2026 |
| Customers Bancorp | 4,179 | not reported | 107* | 33.8M | 10-QJun 30, 2026 |
| S&T Bancorp | 218 | not reported | 28* | 35.3M | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.