Nicolet Bankshares Inc. (NIC) Stock Analysis
Breakout setup · Catalyst-Driven edge
Financial Services · Banks - Regional
Hold if already holding. Not a fresh buy at $147.04, but acceptable to hold if already in. Reason: Thin upside margin: 3.1%.
Nicolet Bankshares is a Wisconsin-based bank holding company operating Nicolet National Bank, a commercial bank with 57 branches across Wisconsin, Michigan, and Minnesota at year-end 2025, expanded to 114 after the February 2026 MidWestOne acquisition. Revenue is driven... Read more
Hold if already holding. Not a fresh buy at $147.04, but acceptable to hold if already in. Reason: Thin upside margin: 3.1%. Chart setup: Golden cross, above all MAs, RSI 61, MACD bullish. Maintain position. Not compelling to add more. Score 6.6/10, moderate confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 28d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
About Nicolet Bankshares Inc.
About Nicolet Bankshares Inc.
Nicolet Bankshares reported $9.2 billion in total assets, $6.8 billion in loans, and record net income of $151 million, or $9.78 per diluted share, for fiscal 2025, operating 57 branches principally across Wisconsin, Michigan, and Minnesota. Nicolet National Bank, the principal operating subsidiary, holds a national bank charter supervised by the OCC. The February 13, 2026 acquisition of MidWestOne Financial Group added roughly $6 billion in assets and 57 branches, extending the network into Iowa and Denver, Colorado.
Nicolet earns revenue primarily from net interest income on its $6.8 billion loan portfolio funded by $7.7 billion in deposits, supplemented by service charges, trust and brokerage fees, card interchange income, and residential mortgage sales. The loan book covers commercial-related credits — including commercial and industrial loans, owner-occupied CRE, agricultural production and real estate, CRE investment, and construction — alongside residential real estate and consumer credits. Core clients are owner-managed small and medium-sized businesses and their individual owners. Nicolet Advisory Services and Nicolet Insurance Services provide ancillary brokerage, advisory, and crop insurance products. The company completed ten acquisitions from 2012 through 2025 plus the February 2026 MidWestOne merger, reflecting a growth model that blends organic lending with disciplined M&A.
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Nicolet National Bank operates as a national bank under OCC examination authority, with the Federal Reserve supervising the parent holding company under the Bank Holding Company Act. Financial holding company status, elected in 2008, requires the bank to meet the OCC's capital adequacy thresholds and management standards on an ongoing basis; failure could restrict permissible activities including the insurance and advisory services offered through Nicolet Insurance and Nicolet Advisory. The Wisconsin Department of Financial Institutions provides an additional layer of state oversight, and the Parent Company relies on the Bank as its principal source of cash flow for dividends and debt service.
See also: Financial Services · Banks - Regional
From Nicolet Bankshares Inc.'s most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-06-17Recent Developments — Nicolet Bankshares Inc.
Latest news
- NEWS Nicolet Bankshares Boosts Dividend Following MidWestOne Acquisition - TipRanks — TipRanks positive
- NEWS Nicolet Bankshares: Q1 Earnings Snapshot - kare11.com — kare11.com neutral
- NEWS Earnings Flash (NIC) Nicolet Bankshares, Inc. Posts Q1 Adjusted EPS $2.75 per Share, vs. FactSet Est of $2.67 - marketsc — marketscreener.com positive
- NEWS Nicolet Bankshares, Inc. Announces First Quarter 2026 Earnings - Business Wire — Business Wire neutral
- NEWS Nicolet Bankshares (NIC): 3 Reasons We Love This Stock - StockStory — StockStory positive
Generated 2026-06-17T09:31:49Z.
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Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
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Frequently Asked Questions
Hold if already holding. Not a fresh buy at $147.04, but acceptable to hold if already in. Reason: Thin upside margin: 3.1%. Chart setup: Golden cross, above all MAs, RSI 61, MACD bullish. Maintain position. Not compelling to add more. Target $151.55 (+3.1%), stop $137.64 (−6.8%), A.R:R 0.3:1. Score 6.6/10, moderate confidence.
Take-profit target: $151.55 (+3.1% upside). Target $151.55 (+3.1%), stop $137.64 (−6.8%), A.R:R 0.3:1. Stop-loss: $137.64.
Thin upside margin: 3.1%.
Nicolet Bankshares Inc. trades at a P/E of 17.5 (forward 11.0). TrendMatrix value score: 7.3/10. Verdict: Hold.
9 analysts cover NIC with a consensus score of 3.9/5. Average price target: $174.
What does Nicolet Bankshares Inc. do?Nicolet Bankshares is a Wisconsin-based bank holding company operating Nicolet National Bank, a commercial bank with 57...
Nicolet Bankshares is a Wisconsin-based bank holding company operating Nicolet National Bank, a commercial bank with 57 branches across Wisconsin, Michigan, and Minnesota at year-end 2025, expanded to 114 after the February 2026 MidWestOne acquisition. Revenue is driven primarily by net interest income on $6.8 billion in loans and $7.7 billion in deposits, serving primarily small and medium-sized businesses; record net income reached $151 million in fiscal 2025.