Income Statement

NICOLET BANKSHARES INC

NIC
Annual
Performance Overview Click any row in the table to add it to this chart
in millions USD
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY Dec 31, 2018 2018 FY Dec 31, 2017 2017 FY Dec 31, 2016 2016 FY Dec 31, 2015 2015 FY Dec 31, 2014 2014 FY Dec 31, 2013 2013 FY
Revenue
556.52 520.63 277.49 297.88 225.32 211.83 191.96 165.05 143.89 102.14 66.31 63.13 68.93
Cost of Revenue
168.73 174.15 - - - 30.16 22.51 18.84 10.52 7.35 9.01 7.07 6.29
Gross Profit
387.79 346.48 - - - 181.66 169.44 146.21 133.37 94.79 57.29 56.07 62.64
Operating Expenses
200.83 191.35 185.87 160.64 129.30 100.72 96.80 89.76 81.36 64.94 39.65 38.71 36.43
Research & Development
- - - - - - - - - - - - -
Selling, General & Administrative
115.31 108.41 99.11 88.71 70.62 57.12 54.44 49.48 44.46 34.03 22.52 21.47 19.62
Other Operating Expenses
85.53 82.94 86.76 71.93 58.68 43.60 42.36 40.28 36.90 30.91 17.13 17.24 16.82
Operating Income
186.96 155.13 -185.87 -160.64 -129.30 80.95 72.64 56.45 52.01 29.85 17.64 17.36 26.21
Non-Operating Income
0.00 0.00 -272.50 -286.38 -210.42 0.00 1.20 1.65 2.31 1.79 0.00 2.70 6.20
Interest Income
470.95 438.37 382.86 273.92 171.56 149.20 138.59 125.54 109.25 75.47 48.60 48.95 43.20
Interest Expense
164.48 170.30 141.35 33.96 13.60 19.86 22.51 18.89 10.51 7.33 7.21 7.07 6.29
Other Non-Op Income / Expense
- - - - - - 0.90 1.80 1.30 - - - -
Income Before Tax
186.96 155.13 86.63 125.74 81.12 80.95 71.45 54.80 49.70 28.07 17.64 14.66 20.01
Income Tax Expense
36.27 31.07 25.12 31.48 20.47 20.82 16.81 13.76 16.55 9.60 6.22 4.71 3.87
Non-Controlling Interest
- - - 0.00 0.00 0.35 0.35 0.32 0.28 0.23 0.13 0.10 0.03
Net Income
150.69 124.06 61.52 94.26 60.65 60.12 54.64 41.04 33.15 18.46 11.43 9.95 16.14
Supplemental Per share data, derived & other items — not part of the income statement
in millions USD unless noted
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY Dec 31, 2018 2018 FY Dec 31, 2017 2017 FY Dec 31, 2016 2016 FY Dec 31, 2015 2015 FY Dec 31, 2014 2014 FY Dec 31, 2013 2013 FY
Depreciation & Amortization
- - - - - - - - - - - - -
EBITDA
186.96 155.13 -185.87 -160.64 -129.30 80.95 72.64 56.45 52.01 29.85 17.64 17.36 26.21
Earnings Per Share (Basic)
10.06 8.24 4.17 6.78 5.65 5.82 5.71 4.26 3.51 2.49 2.80 2.33 3.81
Diluted EPS
9.78 8.05 4.08 6.56 5.44 5.70 5.52 4.12 3.33 2.37 2.57 2.25 3.80
Weighted Average Shares
14.98 15.05 14.74 13.91 10.74 10.34 9.56 9.64 9.44 7.16 4.00 4.17 3.98
Diluted Weighted Avg Shares
15.40 15.42 15.07 14.38 11.15 10.54 9.90 9.96 9.96 7.51 4.36 4.31 3.99
Comprehensive Income
175.71 128.66 65.81 - - - - - - - - - -