OverviewSuggest Edit

Nicolet Bankshares is a regional bank holding company for Nicolet National Bank. The Bank is a service community bank, offering traditional banking products and services, and wealth management products and services to businesses and individuals in the markets it serves, delivered through a branch network serving northeast and central Wisconsin communities and Menominee, Michigan, as well as through online and mobile banking capabilities. Its primary business is banking, consisting of lending and deposit gathering, as well as ancillary banking-related products and services, to businesses and individuals of the communities it serves, and the operational support to deliver, fund and manage banking products and services. The Bank also offers trust, brokerage, and other investment management services for individuals and retirement plan services for business customers.

TypePublic
Founded2000
HQGreen Bay, US
Websitenicoletbank.com

Latest Updates

Employees (est.) (Nov 2018)535(+4%)
Job Openings16
Revenue (FY, 2018)$165 M(+15%)
Share Price (Mar 2019)$55.6 (-2%)

Nicolet Bankshares Office Locations

Nicolet Bankshares has an office in Green Bay
Green Bay, US (HQ)
111 N Washington St
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Nicolet Bankshares Financials and Metrics

Nicolet Bankshares Revenue

Nicolet Bankshares's revenue was reported to be $165.05 m in FY, 2018
USD

Revenue (FY, 2018)

165.0m

Gross profit (FY, 2018)

146.2m

Gross profit margin (FY, 2018), %

88.6%

Net income (FY, 2018)

41.4m

EBIT (FY, 2018)

105.0m

Market capitalization (22-Mar-2019)

525.6m

Closing stock price (22-Mar-2019)

55.6

Cash (31-Dec-2018)

249.5m

EV

353.4m
Nicolet Bankshares's current market capitalization is $525.6 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

68.9m63.1m66.3m102.1m143.9m165.0m

Revenue growth, %

(8%)5%54%

Cost of goods sold

7.1m7.2m7.3m10.5m18.9m

Gross profit

56.1m59.1m94.8m133.4m146.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

16.4m16.0m16.3m24.7m31.3m29.9m36.0m39.6m39.6m40.8m42.5m

Cost of goods sold

1.8m1.8m1.7m1.9m1.9m1.8m2.4m3.1m3.9m4.7m4.9m

Gross profit

14.6m14.2m14.6m22.8m29.4m28.1m33.6m36.6m35.7m36.0m37.6m

Gross profit Margin, %

89%89%90%92%94%94%93%92%90%88%88%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

147.0m68.7m83.6m129.1m154.9m249.5m

Accounts Receivable

Inventories

847.4m877.1m1.6b2.1b2.2b

PP&E

29.8m31.9m29.6m45.9m47.2m48.2m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

16.2m10.1m11.6m18.7m33.4m41.4m

Depreciation and Amortization

3.4m3.8m3.3m5.1m7.1m6.3m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

15.2m2.2m4.8m7.6m3.1m6.1m8.7m2.7m6.0m12.6m6.3m14.7m24.3m9.6m19.5m30.4m

Cash From Operating Activities

15.4m(860.0k)4.6m10.3m1.4m12.2m18.3m2.0m5.6m11.8m6.9m15.4m30.0m8.1m20.0m40.6m

Purchases of PP&E

(9.6m)

Cash From Investing Activities

(28.8m)87.0m(74.7m)(15.3m)(42.6m)(68.3m)
USDY, 2018

EV/EBIT

3.4 x

EV/CFO

6.9 x

Revenue/Employee

308.5k
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Nicolet Bankshares Operating Metrics

Nicolet Bankshares's Total Loans was reported to be $2b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

23 21 36

Non-performing Loans

$5.39 m$5.23 m$4.25 m$4.30 m$3.53 m$4.42 m$24.28 m$21.45 m$20.29 m$13.74 m$16.90 m

Total Loans

$883.34 m$879.81 m$883.30 m$884.45 m$877.06 m$888.71 m$1.56 b$1.55 b$1.57 b$1.62 b$2.01 b
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Nicolet Bankshares Online and Social Media Presence

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Nicolet Bankshares News and Updates

Nicolet Bankshares, Inc. Announces Third Quarter 2018 Earnings

GREEN BAY, Wis., Oct. 16, 2018 /PRNewswire/ -- Nicolet Bankshares, Inc. (NASDAQ: NCBS) ("Nicolet") announced third quarter 2018 net income of $10.9 million and earnings per diluted common share of $1.09, compared to $9.7 million and $0.98 for second quarter 2018, and $9.5 million and...
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Nicolet Bankshares Blogs

Market Correction. Viewpoints – November, 2018

The recent 5% market correction after 25 weeks was long overdue, statistically. The average length between 5% corrections is 10 weeks. Was it caused by the Federal Reserve’s continued rate hikes, as President Trump suggested, or are other worries driving investor behavior? We have made two material …

Repercussions. Viewpoints – October, 2018

Emerging markets are facing significant headwinds this year, and have fallen substantially from their peak. Trade tensions remain unresolved, and we continue to see central bank behavior, especially the Federal Reserve, as a risk case. But not all the news is bad. We continue to find corporate credi…

New Ways to Protect your Debit Card from Fraud: Two-Way Text Alerts

Fraud Text Alerts for your Debit Card Nicolet Bank Fraud Center monitors your Debit Card for suspicious transactions. If the system detects a transaction that is unusual for you, a text will be sent to ask you if the purchase is legitimate. Watch How it Works Two-Way Text Alerts If an unusual debit …

Improving Valuations. Viewpoints – September, 2018

The combination of good earnings growth and pockets of increased volatility has led to improving valuations around the world. Rising rates and some increase in credit spreads also has created an attractive opportunity in fixed income. But geopolitical developments continue to unsettle the markets, w…

Momentum is Shifting. Viewpoints – July, 2018

Momentum – both economic and political – is shifting across the developed world. Europe started the year with the strongest growth outlook, but that has now shifted to the United States. New governing alliances and the United States’ focus on renegotiating existing agreements are disrupting the post…

Nicolet Bankshares Frequently Asked Questions

  • When was Nicolet Bankshares founded?

    Nicolet Bankshares was founded in 2000.

  • How many employees does Nicolet Bankshares have?

    Nicolet Bankshares has 535 employees.

  • What is Nicolet Bankshares revenue?

    Latest Nicolet Bankshares annual revenue is $165 m.

  • What is Nicolet Bankshares revenue per employee?

    Latest Nicolet Bankshares revenue per employee is $308.5 k.

  • Who are Nicolet Bankshares competitors?

    Competitors of Nicolet Bankshares include Westamerica, Bank Pekao and QNB Group.

  • Where is Nicolet Bankshares headquarters?

    Nicolet Bankshares headquarters is located at 111 N Washington St, Green Bay.

  • Where are Nicolet Bankshares offices?

    Nicolet Bankshares has an office in Green Bay.

  • How many offices does Nicolet Bankshares have?

    Nicolet Bankshares has 1 office.