# Nicolet Bankshares Inc: overview

NIC · NYSE · CIK 1174850 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/nic.md) · [Financials](/companies/nic/financials.md) · [Filings](/companies/nic/filings.md) · [Insiders](/companies/nic/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [2.10](/filings/0001174850-25-000062.md) | not reported | [2.08](/filings/0001174850-26-000110.md) | [2.34](/filings/0001174850-26-000164.md) | [2.73](/filings/0001174850-25-000062.md) | not reported | [0.81](/filings/0001174850-26-000110.md) | [2.62](/filings/0001174850-26-000164.md) |
| Free cash flow | $m | [34.7 d](/filings/0001174850-25-000062.md) | [27.7 d](/filings/0001174850-26-000077.md) | [41.3](/filings/0001174850-26-000110.md) | [38.4 d](/filings/0001174850-26-000164.md) | [45.9 d](/filings/0001174850-25-000062.md) | [23.9 d](/filings/0001174850-26-000077.md) | [15.1](/filings/0001174850-26-000110.md) | [89.3 d](/filings/0001174850-26-000164.md) |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL not reported.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [5.44](/filings/0001174850-24-000010.md) | [6.56](/filings/0001174850-25-000008.md) | [4.08](/filings/0001174850-26-000077.md) | [8.05](/filings/0001174850-26-000077.md) | [9.78](/filings/0001174850-26-000077.md) |
| Free cash flow | $m | [84.9](/filings/0001174850-24-000010.md) | [105](/filings/0001174850-25-000008.md) | [89.4](/filings/0001174850-26-000077.md) | [117](/filings/0001174850-26-000077.md) | [149](/filings/0001174850-26-000077.md) |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL not reported.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/nic/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2026-10-23 | [Atwell Robert Bruce](/insiders/1253903.md) | Director | Sale (S) | 3,556 | $171.22 | $608.9k | [Form 4](/filings/0001174850-26-000174.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $500.7m | 3,027,246 |  | Added +1,402,419 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $194.2m | 1,174,560 |  | Added +463,199 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $136.3m | 823,902 |  | Added +4,628 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $135.3m | 818,051 |  | Reduced −1,759 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $83.5m | 504,741 |  | Added +47,764 |
| [WESTWOOD HOLDINGS GROUP INC](/funds/1165002.md) | 2026-06-30 | $74.5m | 450,659 |  | Reduced −36,092 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $65.0m | 392,808 |  | Added +113,124 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $59.7m | 361,263 |  | Added +36,645 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $59.2m | 358,093 |  | Added +211,407 |
| [Boston Partners](/funds/1386060.md) | 2026-06-30 | $51.5m | 311,319 |  | Added +5,883 |

## Recent filings

[All 1,453 filings](/companies/nic/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-30 | 16:17 ET | [10-Q](/filings/0001174850-26-000176.md) | Quarterly report, period 2026-09-30 | 0001174850-26-000176 |
| 2026-10-20 | 16:16 ET | [8-K](/filings/0001174850-26-000172.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001174850-26-000172 |
| 2026-07-31 | 16:17 ET | [10-Q](/filings/0001174850-26-000164.md) | Quarterly report, period 2026-06-30 | 0001174850-26-000164 |
| 2026-07-21 | 16:16 ET | [8-K](/filings/0001174850-26-000157.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001174850-26-000157 |
| 2026-05-18 | 16:22 ET | [8-K](/filings/0001174850-26-000118.md) | 5.07 Shareholder vote results | 0001174850-26-000118 |
| 2026-05-06 | 16:18 ET | [10-Q](/filings/0001174850-26-000110.md) | Quarterly report, period 2026-03-31 | 0001174850-26-000110 |
| 2026-04-21 | 16:18 ET | [8-K](/filings/0001174850-26-000093.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001174850-26-000093 |
| 2026-03-24 | 17:02 ET | [DEF 14A](/filings/0001174850-26-000086.md) | Proxy statement, period 2026-05-18 | 0001174850-26-000086 |
| 2026-02-27 | 16:11 ET | [10-K](/filings/0001174850-26-000077.md) | Annual report, period 2025-12-31 | 0001174850-26-000077 |
| 2026-02-20 | 18:32 ET | [8-K](/filings/0001174850-26-000072.md) | 2.01 Completion of an acquisition or disposition; 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001174850-26-000072 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001174850-26-000077.md), filed Feb 27, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1174850
- Tickers: NIC
- Exchange: NYSE
- SIC code: 6021 National Commercial Banks
- State of incorporation: WI
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 16:25 ET. No prices; not investment advice.