Welcome to our dedicated page for Nicolet Bankshar news (Ticker: NIC), a resource for investors and traders seeking the latest updates and insights on Nicolet Bankshar stock.
Nicolet Bankshares Inc (NIC) provides community-focused banking services through commercial lending, deposit solutions, and personalized financial products. This page aggregates official press releases and relevant news updates for investors and stakeholders.
Access timely updates on earnings announcements, leadership changes, strategic initiatives, and regulatory filings. Our curated collection ensures efficient tracking of material developments affecting NIC's position in the banking sector.
Key updates include quarterly financial results, merger & acquisition activity, product launches, and community impact initiatives. All content is sourced directly from company communications and verified financial publications.
Bookmark this page for streamlined access to NIC's latest developments. Check back regularly for authoritative updates on this Wisconsin-based bank's operations and market performance.
Nicolet Bankshares (NYSE: NIC) has announced a quarterly cash dividend increase. The company's Board of Directors declared a dividend of $0.32 per share on its common stock, representing a 14% increase ($0.04) from the previous quarter. The dividend will be paid on June 13, 2025, to shareholders recorded as of June 2, 2025.
Nicolet Bankshares (NYSE: NIC) reported Q1 2025 financial results with net income of $33 million ($2.08 per diluted share), compared to $34 million in Q4 2024 and $28 million in Q1 2024. The bank demonstrated solid growth with loans increasing by $119 million (2%) and core deposits rising by $62 million (1%) from year-end 2024.
Total assets reached $9.0 billion, up $178 million (2%) from December 2024. The bank maintained strong asset quality with nonperforming assets at 0.33% of total assets. During Q1 2025, Nicolet repurchased 233,207 common shares for $26 million and received board approval for an additional $60 million in share repurchases.
The net interest margin was 3.58%, slightly down from 3.61% in Q4 2024. Noninterest income decreased by $3 million due to seasonally lower mortgage income, while noninterest expense remained relatively stable.
Nicolet Bankshares (NYSE: NIC) has announced a quarterly cash dividend of $0.28 per share for its common stock shareholders. The dividend will be distributed on March 17, 2025, to shareholders recorded as of March 10, 2025.
Nicolet Bankshares (NYSE: NIC) reported strong financial results for 2024, with fourth quarter net income reaching $34 million ($2.19 per diluted share), up from $33 million in Q3 2024 and $31 million in Q4 2023. Full-year 2024 net income was $124 million ($8.05 per diluted share), compared to $62 million in 2023.
The company demonstrated solid performance with a net interest margin of 3.47% for 2024, improving 29 basis points over 2023. Assets grew by $328 million (4%) year-over-year to $8.8 billion, while total deposits reached $7.4 billion. The tangible common equity ratio strengthened to 9.33% at year-end.
Asset quality remained strong with nonperforming assets at 0.33% of total assets. The company resumed share repurchases in Q4 2024 and indicated potential M&A activity for 2025, supported by strong capital levels and earnings performance.
Nicolet Bankshares (NYSE: NIC) has announced a quarterly cash dividend of $0.28 per share for its common stock shareholders. The dividend will be paid on December 16, 2024, to shareholders recorded as of December 2, 2024.
Nicolet Bankshares, Inc. (NYSE: NIC) reported strong third quarter 2024 results with net income of $33 million and earnings per diluted common share of $2.10. This represents an increase from the previous quarter's net income of $29 million and the third quarter 2023's $17 million. For the first nine months of 2024, net income reached $90 million.
Key highlights include:
- Tangible common equity to tangible assets increased 64 bps to 9.21%
- Asset quality improved with nonperforming assets declining to 0.31% of total assets
- Net interest margin rose to 3.44%, up 9 bps from the previous quarter
- Total loans increased by $28 million and total deposits grew by $19 million
- Noninterest income increased by $3 million over the previous quarter
Nicolet Bankshares, Inc. (NYSE: NIC) has announced a quarterly cash dividend of $0.28 per share for its common stock shareholders. The dividend is set to be paid on September 16, 2024, to shareholders of record as of September 3, 2024. This declaration by Nicolet's Board of Directors demonstrates the company's commitment to providing regular returns to its investors. The dividend announcement may be seen as a positive signal of the bank's financial health and confidence in its future performance.
Nicolet Bankshares (NYSE: NIC) reported strong Q2 2024 results with net income of $29 million, up from $28 million in Q1 2024 and $23 million in Q2 2023. Earnings per diluted share reached $1.92, compared to $1.82 in Q1 2024 and $1.51 in Q2 2023. The company saw solid loan growth of $132 million (2%) and an increase in core deposits. Key highlights include:
- Net interest income rose to $65 million, up $3 million from Q1 2024
- Net interest margin improved to 3.35%, up 9 bps from Q1 2024
- Noninterest income remained stable at $20 million
- Asset quality remained strong with nonperforming assets at 0.34% of total assets
- Quarterly cash dividend increased by 12% to $0.28 per common share
The company's performance demonstrates resilience in the face of market headwinds, with improvements in core business lines and strategic positioning for continued growth.
Nicolet Bankshares (NYSE: NIC) has announced a quarterly cash dividend of $0.28 per share, marking a 12% increase from the previous quarter's dividend of $0.25. This decision highlights the Board of Directors' confidence in the company's financial health and commitment to delivering shareholder value. The dividend will be payable on June 14, 2024, to shareholders of record as of June 3, 2024.