NICOLET BANKSHARES, INC
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $392.0M | $350.3M | $277.5M | $297.9M | $225.3M | $192.0M | $169.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $187.0M | $155.1M | $228.0M | $159.7M | $94.7M | $100.8M | $94.0M |
| Operating Margin | — | 47.7% | 44.3% | 82.2% | 53.6% | 42.0% | 52.5% | 55.4% |
| Interest Expense | — | — | — | $141.3M | $34.0M | $13.6M | $19.9M | $22.5M |
| Pretax Income | — | $187.0M | $155.1M | $86.6M | $125.7M | $81.1M | $80.9M | $71.4M |
| Income Tax Expense | — | $36.3M | $31.1M | $25.1M | $31.5M | $20.5M | $20.5M | $16.5M |
| Net Income | — | $150.7M | $124.1M | $61.5M | $94.3M | $60.7M | $60.1M | $54.6M |
| Net Margin | — | 38.4% | 35.4% | 22.2% | 31.6% | 26.9% | 31.3% | 32.2% |
| EPS (Basic) | — | $10.06 | $8.24 | $4.17 | $6.78 | $5.65 | $5.82 | $5.71 |
| EPS (Diluted) | — | $9.78 | $8.05 | $4.08 | $6.56 | $5.44 | $5.70 | $5.52 |
| Shares Outstanding (Basic) | 21.4M | 15.0M | 15.0M | 14.7M | 13.9M | 10.7M | 10.3M | 9.6M |
| Shares Outstanding (Diluted) | 21.4M | 15.4M | 15.4M | 15.1M | 14.4M | 11.1M | 10.5M | 9.9M |
| Dividends Per Share | — | $1.24 | $1.09 | $0.75 | — | — | — | — |