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NIC logoNicolet Bankshares, Inc. (NIC) Earnings History

Annual and quarterly earnings data from 2012 to 2025

TTM Net Income
$151M
Profitable
TTM EPS
$9.90
Diluted
YoY EPS Growth
+21.5%
Excellent
Net Margin
27.3%
Profitability
Operating Margin33.8%
Gross Margin69.5%
ROE12.4%
ROA1.7%
Highest Annual Net Income$151M (2025)
Highest Quarterly EPS$2.78 (Q2 2013)
Consecutive Profitable Years14 years
Q4 2025
Net Income$40M
EPS$2.65
QoQ Growth-3.4%Slow

Loading earnings history...

NIC EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+21.5%
Excellent
3-Year
+14.2%
Strong
5-Year
+11.4%
Strong
10-Year
+14.3%
Strong

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

NIC Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202569.5%33.8%27.3%
202466.5%29.9%23.9%
202365.5%20.8%14.8%
202286.3%37.9%28.4%
202188.1%33.9%25.4%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Nicolet Bankshares, Inc. (NIC) Earnings Overview

As of May 8, 2026, Nicolet Bankshares, Inc. (NIC) reported trailing twelve-month net income of $151M, reflecting +21.5% year-over-year growth. The company earned $9.90 per diluted share over the past four quarters, with a net profit margin of 27.3%.

Looking at the long-term picture, NIC's 5-year EPS compound annual growth rate (CAGR) stands at +11.4%, showing solid earnings momentum. The company achieved its highest annual net income of $151M in fiscal 2025, representing a new all-time high.

Nicolet Bankshares, Inc. maintains industry-leading profitability with a gross margin of 69.5%, operating margin of 33.8%, and net margin of 27.3%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including IBCP ($69M net income, 21.7% margin), FFIN ($243M net income, 30.2% margin), BANF ($238M net income, 23.8% margin), NIC has outperformed on profitability metrics. Compare NIC vs IBCP →

NIC Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
NIC logoNICCurrent
$151M$9.9027.3%12.4%+21.5%—
IBCP logoIBCP
$69M$3.2921.7%14.3%+3.5%
FFIN logoFFIN
$243M$1.6930.2%14.4%+12.2%
BANF logoBANF
$238M$7.0223.8%14.2%+1.6%
OTTR logoOTTR
$280M$6.6721.2%15.6%-8.6%
NBTB logoNBTB
$169M$3.2219.5%9.9%+12.5%
Best in group
Lowest in group

NIC Historical Earnings Data (2012–2025)

14 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$151M+21.5%$187M$9.7827.3%33.8%
2024$124M+101.7%$155M$8.0523.9%29.9%
2023$62M-34.7%$87M$4.0814.8%20.8%
2022$94M+55.4%$126M$6.5628.4%37.9%
2021$61M+0.9%$81M$5.4425.4%33.9%
2020$60M+10.0%$81M$5.7028.2%38.0%
2019$55M+33.2%$71M$5.5228.4%37.0%
2018$41M+23.8%$55M$4.1224.9%33.2%
2017$33M+79.6%$50M$3.3323.1%34.7%
2016$18M+61.6%$28M$2.3718.1%27.5%

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Compare NIC vs BRK-A

Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..

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NIC — Frequently Asked Questions

Quick answers to the most common questions about buying NIC stock.

Is NIC growing earnings?

NIC EPS is $9.90, with earnings growth accelerating to +21.5%. This exceeds the 5-year CAGR of +11.4%. TTM net income reached $151M.

What are NIC's profit margins?

Nicolet Bankshares, Inc. net margin is +27.3%, with operating margin at +33.8%. Above-average margins indicate pricing power.

How consistent are NIC's earnings?

NIC earnings data spans 2012-2025. The accelerating earnings trend is +21.5% YoY. Historical data enables comparison across business cycles.

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NIC Earnings Over Time (2014–2025)

Net income and EPS trends