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Nicolet Bankshares (NIC) Revenue & Revenue Breakdown

OverviewForecastFinancialsChart

Nicolet Bankshares Revenue Highlights

Latest Revenue (Y)

$412.47M

Latest Revenue (Q)

$135.00M

Main Segment (Y)

Administrative Service

Nicolet Bankshares Revenue by Period

Nicolet Bankshares Revenue by Year

DateRevenueChange
2023-12-31$412.47M38.47%
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-

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

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 22Dec 21Dec 19Dec 18
Fiduciary and Trust$7.95M$7.77M$6.23M$6.50M
Credit and Debit Card$11.64M$9.16M$6.50M$5.67M
Administrative Service$12.92M$12.14M$8.12M$7.04M
Deposit Account$6.10M$5.02M$4.82M$4.84M

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/ServiceSep 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19Mar 19Dec 18Sep 18
Deposit Account$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$1.25M
Credit and Debit Card$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$1.48M
Investment Advisory, Management and Administrative Service$7.08M$6.49M$6.06M$5.87M$5.51M---------------
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
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

Nicolet Bankshares's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Investment Advisory, Management and Administrative Service (56.40%), Credit and Debit Card (28.37%), and Deposit Account (15.23%).

Nicolet Bankshares Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
FBPFirst Ban$1.16B$32.50M
BANFBancFirst$593.93M$160.92M
NBHCNational Bank$559.33M$106.33M
NICNicolet Bankshares$412.47M$135.00M
FBMSFirst Bancshares$387.64M$93.56M
FMBHFirst Mid Bancshares$386.95M$44.35M
OSBCOld Second Bancorp$325.75M$54.23M
NFBKNorthfield Bancorp, Inc. (Staten Island, NY)$220.69M$62.90M
BWFGBankwell Financial Group$193.30M$46.36M
HBCPHome Bancorp$178.87M$51.02M
FDBCFidelity D & D Bancorp$105.45M$27.30M
FNWDFinward Bancorp$96.53M$22.47M
FRAFFranklin Financial Services$91.60M$30.91M
FFNWFirst Financial Northwest$80.93M$20.09M
CWBCCommunity West Bancshares$61.39M$27.26M
GSBCGreat Southern Bancorp$46.29M$91.36M
AFBIAffinity Bancshares$45.17M$12.87M

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 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 (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, Credit and Debit Card, Administrative Service, and Deposit Account. Fiduciary and Trust generated $7.95M in revenue, accounting 20.58% of the company's total revenue, up 2.23% 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. Administrative Service generated $12.92M in revenue, accounting 33.46% of the company's total revenue, up 6.42% 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.

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.