Nicolet Bankshares (NIC) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
349.1M
Net Income
124.1M
35.54%
Balance Sheet Metrics
Total Assets
8.8B
Total Liabilities
7.6B
Shareholders Equity
1.2B
Debt to Equity
6.50
Cash Flow Metrics
Operating Cash Flow
142.1M
Free Cash Flow
117.2M
Revenue & Profitability Trend
Nicolet Bankshares Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 349.1M | 277.8M | 298.1M | 225.4M | 193.2M |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Operating Expenses | 120.7M | 110.9M | 99.1M | 78.1M | 63.2M |
| Operating Income | - | - | - | - | - |
| Pre-tax Income | 155.1M | 86.6M | 125.7M | 81.1M | 80.9M |
| Income Tax | 31.1M | 25.1M | 31.5M | 20.5M | 20.5M |
| Net Income | 124.1M | 61.5M | 94.3M | 60.7M | 60.5M |
| EPS (Diluted) | - | $4.08 | $6.56 | $5.44 | $5.70 |
Income Statement Trend
Nicolet Bankshares Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | - | - | - | - | - |
| Non-Current Assets | - | - | - | - | - |
| Total Assets | 8.8B | - | - | - | - |
| Liabilities | |||||
| Current Liabilities | - | - | - | - | - |
| Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 7.6B | - | - | - | - |
| Equity | |||||
| Total Shareholders Equity | 1.2B | 1.0B | 972.5M | 891.9M | 539.2M |
Balance Sheet Composition
Nicolet Bankshares Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 124.1M | 61.5M | 94.3M | 60.7M | 60.5M |
| Operating Cash Flow | 142.1M | 74.7M | 113.9M | 105.0M | 94.6M |
| Investing Activities | |||||
| Capital Expenditures | -16.5M | -18.2M | -12.2M | -12.8M | -10.8M |
| Investing Cash Flow | -26.1M | 754.1M | 206.1M | -305.1M | -92.8M |
| Financing Activities | |||||
| Dividends Paid | -16.5M | -11.1M | 0 | 0 | - |
| Financing Cash Flow | -31.3M | -381.8M | 105.9M | -145.0M | -64.5M |
| Free Cash Flow | 117.2M | 89.8M | 105.2M | 84.9M | 68.1M |
Cash Flow Trend
Nicolet Bankshares Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
15.73
Forward P/E
16.44
Price to Book
1.67
Price to Sales
5.58
PEG Ratio
16.44
Profitability Ratios
Profit Margin
36.51%
Operating Margin
48.49%
Return on Equity
11.47%
Return on Assets
1.48%
Financial Health
Debt to Equity
0.13
Beta
0.77
Per Share Data
EPS (TTM)
$8.31
Book Value per Share
$78.11
Revenue per Share
$23.32
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| nic | 2.0B | 15.73 | 1.67 | 11.47% | 36.51% | 0.13 |
| U.S. Bancorp | 74.6B | 11.85 | 1.40 | 11.53% | 26.38% | 1.34 |
| PNC Financial | 70.3B | 12.56 | 1.39 | 11.33% | 28.75% | 1.12 |
| Pathward Financial | 2.0B | 11.33 | 2.37 | 23.20% | 24.77% | 0.04 |
| First Bancorp | 1.9B | 22.04 | 1.28 | 6.06% | 25.14% | 0.07 |
| City Holding Company | 1.9B | 16.03 | 2.48 | 16.39% | 40.14% | 0.71 |
Financial data is updated regularly. All figures are in the company's reporting currency.