The financials
Nicolet Bankshares, Inc. by the numbers
Nicolet Bankshares, Inc. (NIC) reported revenue of $158M in Q1 2026 (quarter ended March 31, 2026), up 40% from the same quarter a year earlier. That came with net income of $15M (9.6% of revenue). For the full year FY2025, revenue was $471M (+7.4% year on year) and net income $151M. Its largest product in 2026-Q2 was Investment Advisory Management And Administrative Service at $12M, 53% of the disclosed total, just ahead of Credit And Debit Card at 29%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $158M | $113M | +40% |
| Net income | $15M | $33M | −53% |
| Diluted EPS | $0.81 | $2.08 | −61% |
| Product | Revenue | Share |
|---|---|---|
| Investment Advisory Management And Administrative Service | $12M | 53% |
| Credit And Debit Card | $6.3M | 29% |
| Deposit Account | $4.1M | 19% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $22.2M (+23%)
Deposit Account grew +111% year on yearCredit And Debit Card +71% year on year
Segment Latestquarter on quarteryear on year
- Investment Advisory Management And Administrative Service$11.7M$11.7MQoQ +10%year on year +72%+10%+72%
- Credit And Debit Card$6.3M$6.3MQoQ +50%year on year +71%+50%+71%
- Deposit Account$4.1M$4.1MQoQ +31%year on year +111%+31%+111%