Nicolet Bankshares [NIC] vs Old National Bancorp [ONB] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 19 vital metrics comparison: Nicolet Bankshares Inc. wins in 10 metrics, Old National Bancorp wins in 8 metrics, with 0 ties. Nicolet Bankshares Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Nicolet Bankshares Inc. Old National Bancorp Better
P/E Ratio (TTM) 14.68 12.38 Old National Bancorp
Price-to-Book Ratio 1.69 1.13 Old National Bancorp
Debt-to-Equity Ratio 0.11 0.92 Nicolet Bankshares Inc.
PEG Ratio 0.70 0.75 Nicolet Bankshares Inc.
Profit Margin (TTM) 38.86% 30.25% Nicolet Bankshares Inc.
Operating Margin (TTM) 52.77% 51.26% Nicolet Bankshares Inc.
EBITDA Margin (TTM) 52.77% 51.26% Nicolet Bankshares Inc.
Return on Equity 12.40% 10.08% Nicolet Bankshares Inc.
Return on Assets (TTM) 1.68% 1.20% Nicolet Bankshares Inc.
Free Cash Flow (TTM) $149.44M $637.41M Old National Bancorp
Dividend Yield 1.01% 2.87% Old National Bancorp
1-Year Return 14.38% 15.10% Old National Bancorp
Price-to-Sales Ratio (TTM) 7.92 3.73 Old National Bancorp
Enterprise Value $2.79B $15.34B Old National Bancorp
EV/Revenue Ratio 7.19 6.12 Old National Bancorp
Revenue per Share (TTM) $26 $7 Nicolet Bankshares Inc.
Earnings per Share (Diluted) $9.79 $1.94 Nicolet Bankshares Inc.
Beta (Stock Volatility) 0.74 N/A N/A
Short % of Float 3.03% 7.27% Nicolet Bankshares Inc.

Nicolet Bankshares Inc. vs Old National Bancorp Stock Performance Analysis

Loading Price Chart...

Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Nicolet Bankshares Inc.-4.11%-4.54%-5.16%-11.88%9.28%14.13%
Old National Bancorp-2.26%-1.69%0.29%1.27%10.52%5.76%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Nicolet Bankshares Inc.14.38%105.43%79.17%270.50%776.69%776.69%
Old National Bancorp15.10%79.05%26.30%82.72%133.33%21.75%

Performance & Financial Health Analysis: Nicolet Bankshares Inc. vs Old National Bancorp

MetricNICONB
Market Information
Market Cap i$3.08B$9.35B
Market Cap CategoryMid capMid cap
10 Day Avg. Volume i145,1023,441,018
90 Day Avg. Volume i168,6813,308,019
Last Close$131.86$23.31
52 Week Range$114.12 - $163.11$19.39 - $26.17
% from 52W High-19.16%-10.93%
All-Time High$163.11 (Feb 26, 2026)$28.49 (Dec 21, 1998)
% from All-Time High-19.16%-18.18%
Growth Metrics
Quarterly Revenue Growth0.13%0.46%
Quarterly Earnings Growth0.17%0.62%
Financial Health
Profit Margin (TTM) i0.39%0.30%
Operating Margin (TTM) i0.53%0.51%
Return on Equity (TTM) i0.12%0.10%
Debt to Equity (MRQ) i0.110.92
Cash & Liquidity
Book Value per Share (MRQ)$85.08$21.21
Cash per Share (MRQ)$30.90$4.55
Operating Cash Flow (TTM) i$153.54M$806.44M
Levered Free Cash Flow (TTM) i$150.69M$653.12M
Dividends
Last 12-Month Dividend Yield i1.01%2.87%
Last 12-Month Dividend i$1.56$0.70

Valuation & Enterprise Metrics Analysis: Nicolet Bankshares Inc. vs Old National Bancorp

MetricNIC (Apr 24, 2026)ONB (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i14.6812.38
Forward P/E i10.278.29
PEG Ratio i0.700.75
Price to Sales (TTM) i7.923.73
Price to Book (MRQ) i1.691.13
Market Capitalization
Market Capitalization i$3.08B$9.35B
Enterprise Value i$2.79B$15.34B
Enterprise Value Metrics
Enterprise to Revenue i7.196.12
Enterprise to EBITDA iN/AN/A
Risk & Other Metrics
Beta i0.74N/A
Book Value per Share (MRQ) i$85.08$21.21

Financial Statements Comparison: Nicolet Bankshares Inc. vs Old National Bancorp

Financial Metrics

Loading Financial Charts...

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricNIC (2025)ONB (2025)
Revenue/Sales i392.00M2.52B
Cost of Goods Sold iN/AN/A
COGS % of Revenue i0.0%0.0%
Gross Profit iN/AN/A
Gross Margin i0.0%0.0%
Research & Development iN/AN/A
Operating Income (EBIT) iN/AN/A
Operating Margin i0.0%0.0%
EBITDA iN/AN/A
EBITDA Margin i0.0%0.0%
Pre-Tax Income i186.96M841.39M
Pre-Tax Income % of Revenue i47.7%33.3%
Income Tax i36.27M172.14M
Income Tax % of Revenue i9.3%6.8%
Net Income (Profit) i150.69M669.26M
Profit Margin i38.4%26.5%

Balance Sheet & Liquidity Metrics

MetricNIC (2025)ONB (2025)
Cash & Equivalents i660.23M1.83B
Total Current Assets iN/AN/A
Total Current Assets % of Revenue i0.0%0.0%
Total Current Liabilities iN/AN/A
Total Current Liabilities % of Revenue i0.0%0.0%
Long-Term Debt i134.86M7.09B
Long-Term Debt % of Revenue i34.4%280.9%
Total Shareholders Equity i1.26B8.49B
Retained Earnings i697.80M2.41B
Retained Earnings % of Revenue i178.0%95.4%
Property, Plant & Equipment iN/AN/A

Cash Flow Statement Comparison

MetricNIC (2025)ONB (2025)
Operating Cash Flow i160.97M806.44M
Operating Cash Flow % of Revenue i41.1%31.9%
Capital Expenditures i-1.77M-41.70M
Free Cash Flow i149.44M637.41M
FCF Margin i38.1%25.2%
Debt Repayment i-27.40M-2.57B
Common Stock Repurchase i-89.29M-71.80M

Short Interest & Institutional Ownership Analysis

MetricNICONB
Shares Short i615,67822.06M
Short Ratio i3.006.68
Short % of Float i3.03%7.27%
Shares Outstanding i14.81M389.66M
Float Shares i19.54M382.68M
% Held by Insiders i8.75%0.68%
% Held by Institutions i39.54%97.76%
% Held by Public i51.71%1.56%

Dividend Analysis & Yield Comparison: Nicolet Bankshares Inc. vs Old National Bancorp

MetricNICONB
Last 12-Month Dividend i$1.56$0.70
Last 12-Month Dividend Yield i1.01%2.87%
3-Year Avg Annual Dividend i$1.13$0.61
3-Year Avg Dividend Yield i0.29%0.76%
3-Year Total Dividends i$3.40$1.82
Ex-Dividend DateMar 02, 2026Mar 05, 2026