Nicolet Bankshares Q4 net income rises

Nicolet Bankshares

20/01/2026 21:28

Overview

Community bank's Q4 net income was $40.3 mln vs $34.5 mln yr ago

Company reported record net income of $151 mln for full year 2025

Company expects to close MidWestOne merger in Q1 2026

Outlook

Nicolet expects to close MidWestOne merger in Q1 2026

Result Drivers

CORE DEPOSIT GROWTH - Exceptional year-over-year core deposit growth of $497 mln (7%) contributed to record FY earnings

NET INTEREST MARGIN - Net interest margin improved to 3.76% for full year 2025, up 29 bps from 2024, aiding profitability

DISCIPLINED EXECUTION - CEO Mike Daniels attributed record FY earnings to disciplined execution and focus on fundamentals

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$2.65
Q4 Net Income
$40.32 mln
Q4 Net Interest Income
$80.89 mln
Q4 Credit Loss Provision
$750,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Nicolet Bankshares Inc is $161.00, about 22.5% above its January 16 closing price of $131.46

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nBw9BrYCxa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)