NIC FY 2023 Earnings — Nicolet Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

NICNicolet Bankshares, Inc.

$2B

FY 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$417M+25.5% YoY

Gross Profit

$273M65.5% margin

Operating Income

$87M20.8% margin

Net Income

$62M14.8% margin

EPS (Diluted)

$4.08

Cash Flow

Operating Cash Flow

$108M

Free Cash Flow

$90M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$8.5B

Total Liabilities

$7.4B

Stockholders' Equity

$1.0B

Cash & Equivalents

$498M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$417M	$332M	+25.5%
Gross Profit	$273M	$287M	-4.8%
Operating Income	$87M	$126M	-31.1%
Net Income	$62M	$94M	-34.7%