Financials Nicolet Bankshares, Inc.

Equities

NIC

US65406E1029

Banks

Market Closed - Nyse Other stock markets 04:00:02 2025-01-14 pm EST			5-day change	1st Jan Change
105.13 ^USD	+3.37%		+2.54%	+0.21%

Dec. 11	Nicolet Bankshares Insider Sold Shares Worth $859,817, According to a Recent SEC Filing	MT
Dec. 06	Nicolet Bankshares Insider Sold Shares Worth $1,010,785, According to a Recent SEC Filing	MT

Projected Income Statement: Nicolet Bankshares, Inc.

income-statement-evolution-chart NICOLET-BANKSHARES-INC

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	116.1	130.3	158	240	241.5	266.9	283.1	293
Change	-	12.26%	21.22%	51.92%	0.65%	10.5%	6.07%	3.51%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	72.65	91.24	96.02	143.8	129.6	154.2	163.9	172.6
Change	-	25.6%	5.24%	49.73%	-9.82%	18.94%	6.29%	5.33%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	71.45	80.94	81.12	125.7	86.63	151	159.5	164.2
Change	-	13.3%	0.22%	55%	-31.1%	74.34%	5.59%	2.96%
Net income ¹	54.64	60.12	60.65	94.26	61.52	120.3	125.3	128.4
Change	-	10.03%	0.88%	55.41%	-34.74%	95.6%	4.11%	2.52%
Announcement Date	1/21/20	1/19/21	1/18/22	1/17/23	1/16/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	30.47	31.49	31.73	32.81	34.28	33.89	35.8	35.18	53.56	53.8	55.46	63.48	68.09	56.72	59.04	61.47	64.28	62.81	65.82	68.37	68.95	68.57	70.11	71.72	72.71	72	73.45	75.05
Change	-	3.36%	0.74%	3.41%	4.48%	-1.12%	5.64%	-1.73%	52.23%	0.44%	3.09%	14.47%	7.26%	-16.7%	4.09%	4.12%	4.57%	-2.29%	4.8%	3.86%	0.85%	-0.55%	2.25%	2.29%	1.38%	-0.97%	2.01%	2.18%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	18.35	17.88	22.13	27.6	25.53	24.69	25	16.12	30.22	32.19	32	42.48	39.18	30.97	31.27	32.28	35.16	33.17	37.48	41.6	41.07	38.63	40.73	42	42.47	41.8	43.55	44.8
Change	-	-2.58%	23.79%	24.7%	-7.49%	-3.31%	1.28%	-35.53%	87.45%	6.53%	-0.57%	32.74%	-7.77%	-20.95%	0.95%	3.23%	8.94%	-5.66%	12.99%	10.98%	-1.27%	-5.93%	5.44%	3.11%	1.11%	-1.57%	4.19%	2.87%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	18.05	13.99	18.16	24.57	24.23	24.19	25	10.12	21.82	31.89	31.93	24.82	37.1	-13.09	30.47	31.83	37.42	34.33	36.75	40.85	38.63	37.38	39.47	40.71	41.95	39.1	40.9	41.7
Change	-	-22.48%	29.73%	35.31%	-1.37%	-0.18%	3.37%	-59.53%	115.58%	46.17%	0.12%	-22.25%	49.45%	-	-	4.44%	17.57%	-8.25%	7.04%	11.15%	-5.43%	-3.23%	5.59%	3.13%	3.06%	-6.8%	4.6%	1.96%
Net income ¹	12.3	10.56	13.48	18.1	17.99	18.24	18.28	7.824	16.3	24.16	23.98	18.51	27.6	-8.898	22.6	17.16	30.66	27.79	29.27	32.52	30.74	29.51	31.07	32.03	32.65	31.1	32.52	33.15
Change	-	-14.15%	27.69%	34.31%	-0.64%	1.4%	0.25%	-57.21%	108.4%	48.2%	-0.74%	-22.83%	49.11%	-	-	-24.06%	78.7%	-9.36%	5.34%	11.08%	-5.47%	-4%	5.31%	3.07%	1.94%	-4.74%	4.58%	1.94%
Announcement Date	1/21/20	4/21/20	7/21/20	10/20/20	1/19/21	4/20/21	7/20/21	10/19/21	1/18/22	4/19/22	7/19/22	10/25/22	1/17/23	4/18/23	7/18/23	10/24/23	1/16/24	4/16/24	7/16/24	10/15/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Nicolet Bankshares, Inc.

balance-sheet-analysis-chart NICOLET-BANKSHARES-INC

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	1/21/20	1/19/21	1/18/22	1/17/23	1/16/24	-	-	-

Estimates

Cash Flow Forecast: Nicolet Bankshares, Inc.

Fiscal Period: December	2018	2019	2020	2021	2022	2023
CAPEX ¹	4.26	4.392	10.79	12.79	12.23	18.2
Change	-	3.1%	145.7%	18.53%	-4.35%	48.78%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	3/8/19	2/28/20	2/26/21	2/25/22	2/24/23	2/28/24

¹USD in Million

Estimates

Forecast Financial Ratios: Nicolet Bankshares, Inc.

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	62.58%	70.02%	60.79%	59.91%	53.68%	57.78%	57.9%	58.92%
EBT Margin (%)	-	61.55%	62.12%	51.36%	52.4%	35.87%	56.6%	56.34%	56.04%
Net margin (%)	-	47.07%	46.14%	38.4%	39.28%	25.47%	45.09%	44.26%	43.83%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	1.75%	1.41%	1.15%	1.2%	0.73%	1.4%	1.4%	1.42%
ROE	-	12.89%	11.4%	9.74%	10.63%	6.28%	10.86%	10.41%	9.82%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	0.75	1.09	1.164	1.248
Change	-	-	-	-	-	-	45.33%	6.79%	7.17%
Book Value Per Share ¹	-	48.76	53.86	63.73	66.2	69.76	77.24	84.28	91.57
Change	-	-	10.46%	18.33%	3.88%	5.38%	10.73%	9.11%	8.66%
EPS ¹	-	5.52	5.7	5.44	6.56	4.08	7.825	8.085	8.27
Change	-	-	3.26%	-4.56%	20.59%	-37.8%	91.79%	3.32%	2.29%
Nbr of stocks (in thousands)	-	10,566	10,086	11,954	14,677	14,761	15,157	15,157	15,157
Announcement Date	-	1/21/20	1/19/21	1/18/22	1/17/23	1/16/24	-	-	-