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Nicolet Bankshares (NIC) Revenue & Revenue Breakdown

OverviewForecastFinancialsChart

Nicolet Bankshares Revenue Highlights

Latest Revenue (Y)

$438.37M

Latest Revenue (Q)

$135.00M

Main Segment (Y)

Investment Advisory, Management and Administrative Service

Nicolet Bankshares Revenue by Period

Nicolet Bankshares Revenue by Year

DateRevenueChange
2024-12-31$438.37M60.87%
2023-12-31$272.50M-8.52%
2022-12-31$297.88M32.20%
2021-12-31$225.32M17.38%
2020-12-31$191.96M12.99%
2019-12-31$169.90M16.24%
2018-12-31$146.16M9.58%
2017-12-31$133.38M40.69%
2016-12-31$94.81M60.44%
2015-12-31$59.09M5.40%
2014-12-31$56.07M10.53%
2013-12-31$50.73M53.67%
2012-12-31$33.01M-13.76%
2011-12-31$38.27M-5.23%
2010-12-31$40.39M-

Nicolet Bankshares generated $438.37M in revenue during NA 2024, up 60.87% compared to the previous quarter, and up 258.02% compared to the same period a year ago.

Nicolet Bankshares Revenue by Quarter

DateRevenueChange
2024-09-30$135.00M5.07%
2024-06-30$128.49M4.08%
2024-03-31$123.45M-2.02%
2023-12-31$126.00M8.23%
2023-09-30$116.42M6.91%
2023-06-30$108.90M66.18%
2023-03-31$65.53M-20.99%
2022-12-31$82.94M9.14%
2022-09-30$75.99M9.79%
2022-06-30$69.22M-0.75%
2022-03-31$69.74M0.17%
2021-12-31$69.62M41.57%
2021-09-30$49.18M-11.78%
2021-06-30$55.75M9.81%
2021-03-31$50.77M-0.26%
2020-12-31$50.90M-0.69%
2020-09-30$51.25M4.66%
2020-06-30$48.97M19.88%
2020-03-31$40.85M-7.64%
2019-12-31$44.23M6.57%
2019-09-30$41.50M-12.63%
2019-06-30$47.50M29.58%
2019-03-31$36.66M-0.45%
2018-12-31$36.83M-2.04%
2018-09-30$37.59M4.30%
2018-06-30$36.04M0.96%
2018-03-31$35.70M1.62%
2017-12-31$35.13M-3.90%
2017-09-30$36.55M8.76%
2017-06-30$33.61M19.68%
2017-03-31$28.09M0.60%
2016-12-31$27.92M-5.16%
2016-09-30$29.44M28.90%
2016-06-30$22.84M56.23%
2016-03-31$14.62M-3.90%
2015-12-31$15.21M7.10%
2015-09-30$14.20M-2.77%
2015-06-30$14.61M-3.09%
2015-03-31$15.07M4.58%
2014-12-31$14.41M-0.86%
2014-09-30$14.54M8.69%
2014-06-30$13.38M-2.65%
2014-03-31$13.74M-1.88%
2013-12-31$14.00M-12.84%
2013-09-30$16.07M32.23%
2013-06-30$12.15M42.80%
2013-03-31$8.51M-5.16%
2012-12-31$8.97M7.63%
2012-09-30$8.34M4.04%
2012-06-30$8.01M4.13%
2012-03-31$7.69M-

Nicolet Bankshares generated $135.00M in revenue during Q3 2024, up 5.07% compared to the previous quarter, and up 123.97% compared to the same period a year ago.

Nicolet Bankshares Revenue Breakdown

Nicolet Bankshares Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 22Dec 21Dec 19Dec 18
Deposit Account$7.18M$6.10M$5.02M$4.82M$4.84M
Investment Advisory, Management and Administrative Service$27.45M----
Credit and Debit Card$13.66M$11.64M$9.16M$6.50M$5.67M
Fiduciary and Trust-$7.95M$7.77M$6.23M$6.50M
Administrative Service-$12.92M$12.14M$8.12M$7.04M

Nicolet Bankshares's latest annual revenue breakdown by segment (product or service), as of Dec 24: Investment Advisory, Management and Administrative Service (56.84%), Credit and Debit Card (28.29%), and Deposit Account (14.87%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19Mar 19Dec 18
Credit and Debit Card$7.00M$3.56M$3.10M$3.32M$3.33M$3.03M$5.68M$3.01M$2.95M$2.67M$2.30M$2.27M$1.93M$1.88M$1.64M$1.56M$3.34M$1.74M$1.42M$2.83M
Investment Advisory, Management and Administrative Service$13.88M$7.08M$6.49M$6.06M$5.87M$5.51M--------------
Deposit Account$3.69M$1.91M$1.58M$1.49M$1.53M$1.48M$2.98M$1.59M$1.54M$1.48M$1.31M$1.14M$1.09M$1.04M$813.00K$1.23M$2.43M$1.22M$1.17M$2.40M
Fiduciary and Trust------$3.97M$1.97M$2.00M$2.05M$2.04M$1.91M$1.77M$1.63M$1.51M$1.58M$3.17M$1.59M$1.47M$3.19M
Administrative Service------$6.89M$3.04M$2.99M$3.21M$3.15M$2.99M$2.79M$2.49M$2.27M$2.32M$4.19M$2.11M$1.81M$3.57M

Nicolet Bankshares's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Investment Advisory, Management and Administrative Service (56.50%), Credit and Debit Card (28.48%), and Deposit Account (15.02%).

Nicolet Bankshares Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
BANFBancFirst$724.14M$187.65M
NBHCNational Bank$538.27M$106.33M
NICNicolet Bankshares$438.37M$135.00M
OSBCOld Second Bancorp$297.90M$54.23M
NFBKNorthfield Bancorp, Inc. (Staten Island, NY)$237.91M$62.90M
BWFGBankwell Financial Group$191.99M$46.36M
HBCPHome Bancorp$184.77M$51.02M
FBPFirst Ban$130.72M$32.50M
FDBCFidelity D & D Bancorp$107.02M$27.30M
FRAFFranklin Financial Services$101.45M$30.91M
FFNWFirst Financial Northwest$77.37M$20.09M
FNWDFinward Bancorp$71.60M$22.47M
CWBCCommunity West Bancshares$61.39M$27.26M
FBMSFirst Bancshares$46.39M$93.56M
AFBIAffinity Bancshares$30.61M$12.87M
FMBHFirst Mid Bancshares-$44.35M
GSBCGreat Southern Bancorp-$91.36M

NIC Revenue FAQ

What is Nicolet Bankshares’s yearly revenue?

Nicolet Bankshares's yearly revenue for 2024 was $438.36M, representing an increase of 60.87% compared to 2023. The company's yearly revenue for 2023 was $272.5M, representing a decrease of -8.52% compared to 2022. NIC's yearly revenue for 2022 was $297.88M, representing an increase of 32.20% compared to 2021.

What is Nicolet Bankshares’s quarterly revenue?

Nicolet Bankshares's quarterly revenue for Q3 2024 was $135M, a 5.07% increase from the previous quarter (Q2 2024), and a 15.95% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $128.49M, a 4.08% increase from the previous quarter (Q1 2024), and a 17.99% increase year-over-year (Q2 2023). NIC's quarterly revenue for Q1 2024 was $123.45M, a -2.02% decrease from the previous quarter (Q4 2023), and a 88.39% increase year-over-year (Q1 2023).

What is Nicolet Bankshares’s revenue growth rate?

Nicolet Bankshares's revenue growth rate for the last 3 years (2022-2024) was 47.16%, and for the last 5 years (2020-2024) was 128.36%.

What are Nicolet Bankshares’s revenue streams?

Nicolet Bankshares's revenue streams in c 24 are Deposit Account, Investment Advisory, Management and Administrative Service, and Credit and Debit Card. Deposit Account generated $7.18M in revenue, accounting 14.87% of the company's total revenue, up 17.69% year-over-year. Investment Advisory, Management and Administrative Service generated $27.45M in revenue, accounting 56.84% of the company's total revenue Credit and Debit Card generated $13.66M in revenue, accounting 28.29% of the company's total revenue, up 17.33% year-over-year.

What is Nicolet Bankshares’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Nicolet Bankshares was Investment Advisory, Management and Administrative Service. This segment made a revenue of $27.45M, representing 56.84% of the company's total revenue.