Nicolet Bankshares (NIC) Revenue & Revenue Breakdown
Nicolet Bankshares Revenue Highlights
Latest Revenue (Y)
$412.47M
Latest Revenue (Q)
$128.49M
Main Segment (Y)
Administrative Service
Nicolet Bankshares Revenue by Period
Nicolet Bankshares Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $412.47M | 38.47% |
| 2022-12-31 | $297.88M | 32.20% |
| 2021-12-31 | $225.32M | 17.38% |
| 2020-12-31 | $191.96M | 12.99% |
| 2019-12-31 | $169.90M | 16.24% |
| 2018-12-31 | $146.16M | 9.58% |
| 2017-12-31 | $133.38M | 40.69% |
| 2016-12-31 | $94.81M | 60.44% |
| 2015-12-31 | $59.09M | 5.40% |
| 2014-12-31 | $56.07M | 10.53% |
| 2013-12-31 | $50.73M | 53.67% |
| 2012-12-31 | $33.01M | - |
Nicolet Bankshares generated $412.47M in revenue during NA 2023, up 38.47% compared to the previous quarter, and up 282.21% compared to the same period a year ago.
Nicolet Bankshares Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $128.49M | 4.08% |
| 2024-03-31 | $123.45M | -2.02% |
| 2023-12-31 | $126.00M | 8.23% |
| 2023-09-30 | $116.42M | 6.91% |
| 2023-06-30 | $108.90M | 66.18% |
| 2023-03-31 | $65.53M | -20.99% |
| 2022-12-31 | $82.94M | 9.14% |
| 2022-09-30 | $75.99M | 9.79% |
| 2022-06-30 | $69.22M | -0.75% |
| 2022-03-31 | $69.74M | 0.17% |
| 2021-12-31 | $69.62M | 41.57% |
| 2021-09-30 | $49.18M | -11.78% |
| 2021-06-30 | $55.75M | 9.81% |
| 2021-03-31 | $50.77M | -0.26% |
| 2020-12-31 | $50.90M | -0.69% |
| 2020-09-30 | $51.25M | 4.66% |
| 2020-06-30 | $48.97M | 19.88% |
| 2020-03-31 | $40.85M | -7.64% |
| 2019-12-31 | $44.23M | 6.57% |
| 2019-09-30 | $41.50M | -12.63% |
| 2019-06-30 | $47.50M | 29.58% |
| 2019-03-31 | $36.66M | -0.45% |
| 2018-12-31 | $36.83M | -2.04% |
| 2018-09-30 | $37.59M | 4.30% |
| 2018-06-30 | $36.04M | 0.96% |
| 2018-03-31 | $35.70M | 1.62% |
| 2017-12-31 | $35.13M | -3.90% |
| 2017-09-30 | $36.55M | 8.76% |
| 2017-06-30 | $33.61M | 19.68% |
| 2017-03-31 | $28.09M | 0.60% |
| 2016-12-31 | $27.92M | -5.16% |
| 2016-09-30 | $29.44M | 28.90% |
| 2016-06-30 | $22.84M | 56.23% |
| 2016-03-31 | $14.62M | -3.90% |
| 2015-12-31 | $15.21M | 7.10% |
| 2015-09-30 | $14.20M | -2.77% |
| 2015-06-30 | $14.61M | -3.09% |
| 2015-03-31 | $15.07M | 4.58% |
| 2014-12-31 | $14.41M | -0.86% |
| 2014-09-30 | $14.54M | 8.69% |
| 2014-06-30 | $13.38M | -2.65% |
| 2014-03-31 | $13.74M | -1.88% |
| 2013-12-31 | $14.00M | -12.84% |
| 2013-09-30 | $16.07M | 32.23% |
| 2013-06-30 | $12.15M | 42.80% |
| 2013-03-31 | $8.51M | -5.16% |
| 2012-12-31 | $8.97M | 7.63% |
| 2012-09-30 | $8.34M | 4.04% |
| 2012-06-30 | $8.01M | 4.13% |
| 2012-03-31 | $7.69M | - |
Nicolet Bankshares generated $128.49M in revenue during Q2 2024, up 4.08% compared to the previous quarter, and up 196.07% compared to the same period a year ago.
Nicolet Bankshares Revenue Breakdown
Nicolet Bankshares Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 19 | Dec 18 |
|---|---|---|---|---|
| Fiduciary and Trust | $7.95M | $7.77M | $6.23M | $6.50M |
| Deposit Account | $6.10M | $5.02M | $4.82M | $4.84M |
| Administrative Service | $12.92M | $12.14M | $8.12M | $7.04M |
| Credit and Debit Card | $11.64M | $9.16M | $6.50M | $5.67M |
Nicolet Bankshares's latest annual revenue breakdown by segment (product or service), as of Dec 22: Administrative Service (33.46%), Credit and Debit Card (30.15%), Fiduciary and Trust (20.58%), and Deposit Account (15.81%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Deposit Account | $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 | $1.25M | $1.20M |
| Credit and Debit Card | $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 | $1.48M | $1.36M |
| Investment Advisory, Management and Administrative Service | $6.49M | $6.06M | $5.87M | $5.51M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $1.64M | $1.67M |
| 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 | $1.73M | $1.74M |
Nicolet Bankshares's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Investment Advisory, Management and Administrative Service (58.09%), Credit and Debit Card (27.75%), and Deposit Account (14.16%).
Nicolet Bankshares Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| FBP | First Ban | $1.16B | $307.89M |
| BANF | BancFirst | $593.93M | $152.18M |
| NBHC | National Bank | $559.33M | $146.48M |
| NIC | Nicolet Bankshares | $412.47M | $128.49M |
| FBMS | First Bancshares | $387.64M | $91.03M |
| FMBH | First Mid Bancshares | $386.95M | $111.11M |
| OSBC | Old Second Bancorp | $325.75M | $84.44M |
| NFBK | Northfield Bancorp, Inc. (Staten Island, NY) | $220.69M | $63.08M |
| BWFG | Bankwell Financial Group | $193.30M | $48.55M |
| HBCP | Home Bancorp | $178.87M | $49.13M |
| FDBC | Fidelity D & D Bancorp | $105.45M | $30.65M |
| FNWD | Finward Bancorp | $96.53M | $24.70M |
| FRAF | Franklin Financial Services | $91.60M | $29.08M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| GSBC | Great Southern Bancorp | $46.29M | $84.15M |
| AFBI | Affinity Bancshares | $45.17M | $12.93M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
NIC Revenue FAQ
What is Nicolet Bankshares’s yearly revenue?
Nicolet Bankshares's yearly revenue for 2023 was $412.47M, representing an increase of 38.47% compared to 2022. The company's yearly revenue for 2022 was $297.88M, representing an increase of 32.20% compared to 2021. NIC's yearly revenue for 2021 was $225.32M, representing an increase of 17.38% compared to 2020.
What is Nicolet Bankshares’s quarterly revenue?
Nicolet Bankshares'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). The company'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). NIC's quarterly revenue for Q4 2023 was $126M, a 8.23% increase from the previous quarter (Q3 2023), and a 51.92% increase year-over-year (Q4 2022).
What is Nicolet Bankshares’s revenue growth rate?
Nicolet Bankshares's revenue growth rate for the last 3 years (2021-2023) was 83.06%, and for the last 5 years (2019-2023) was 142.78%.
What are Nicolet Bankshares’s revenue streams?
Nicolet Bankshares's revenue streams in c 22 are Fiduciary and Trust, Deposit Account, Administrative Service, and Credit and Debit Card. Fiduciary and Trust generated $7.95M in revenue, accounting 20.58% of the company's total revenue, up 2.23% year-over-year. Deposit Account generated $6.1M in revenue, accounting 15.81% of the company's total revenue, up 21.52% year-over-year. Administrative Service generated $12.92M in revenue, accounting 33.46% of the company's total revenue, up 6.42% year-over-year. Credit and Debit Card generated $11.64M in revenue, accounting 30.15% of the company's total revenue, up 27.07% year-over-year.
What is Nicolet Bankshares’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Nicolet Bankshares was Administrative Service. This segment made a revenue of $12.92M, representing 33.46% of the company's total revenue.