Nicolet Bankshares, Inc. (NIC)
NYSEFinancialsBanks - RegionalSnapshot 2026-09-04
$172.12+0.73%
Close 2026-09-04 · 1-day change
NYSEFinancialsBanks - RegionalSnapshot 2026-09-04
QuarterlyIQ Insights · NIC
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within financials on a research-validated quality screen. As of 2026-09-04.
The screen ranks NIC against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 3 of the last 3 quarter-over-quarter moves. Historically, Financials names rated strong grew net income 67% of the time over the next year (vs 56% for the rest of the cohort, n=7680).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Finish the core conversion and realize planned cost savings from the MidWest One acquisition to restore high profitability and returns.
Stated as a priority in 2 of last 2 quarters. The MidWest One acquisition added $6.1 billion in assets at closing in 2026-Q1. Total assets were $15.6 billion at 2026-Q1 and $15.4 billion at 2026-Q2. Management plans a core conversion in late summer 2026 to realize cost savings and restore profitability. The trajectory shows active integration progress with expected cost savings realization forthcoming.
“Pleased with progress integrating MidWest One; core conversion scheduled for late summer to realize cost savings and restore profitability.”
“Integration continues as planned; core conversion scheduled for late summer to realize cost savings and return to top decile profitability.”
Sustain and grow the quarterly cash dividend to shareholders as part of capital return strategy.
Stated as a priority in 2 of last 2 quarters. Dividend per share increased from $0.32 in 2026-Q1 to $0.36 in 2026-Q2, a 13% increase. Management has consistently declared and increased dividends, delivering on the commitment to grow shareholder returns through dividends.
Grow net interest margin and improve loan and deposit portfolio composition to support organic growth and profitability.
Stated as a priority in 2 of last 2 quarters. Net interest margin grew from 3.98% in 2026-Q1 to 4.14% in 2026-Q2. Average loans increased by approximately $2.1 billion over the same period, reflecting portfolio growth and improved composition. Management is delivering on margin expansion and loan portfolio quality improvement.
Repurchase common shares to return capital to shareholders and support stock value.
Stated as a priority in 2 of last 2 quarters. Management repurchased 267,310 shares for $40 million in 2026-Q2 and authorized an additional $150 million in repurchases. The share repurchase program is active and progressing as planned.
“Repurchased 267,310 common shares for $40 million and authorized $150 million in additional repurchases.”
Expand share repurchase authorization and repurchase shares to return capital to shareholders.
Over the trailing year it converted 1.12x of net income into operating cash flow. Historically, Financials names rated neutral grew net income 60% of the time over the next year (vs 57% for the rest of the cohort, n=9112).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
9 material management or governance events in the past 24 months, led by M&A activity. Historically, Financials names rated neutral grew net income 56% of the time over the next year (vs 58% for the rest of the cohort, n=3751).
Not investment advice. As of 2026-09-04.
“Declared quarterly cash dividend of $0.36 per share, payable September 15, 2026.”
“Increased quarterly dividend on common stock by 13% to $0.36 per share.”
“Net interest margin increased to 4.14%, benefitting from loan purchase accounting accretion and lower core deposit funding costs.”
“Net interest margin was 3.98%, with a shift toward higher-yielding loans and growth in core deposits.”
“Restarted share repurchase program during the quarter.”