NIC Q1 2022 Earnings — Nicolet Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

NICNicolet Bankshares, Inc.

$2B

Q1 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$74M+36.8% YoY

Gross Profit

$69M94.0% margin

Operating Income

$32M43.2% margin

Net Income

$24M32.7% margin

EPS (Diluted)

$1.70

QoQ Revenue Growth

+0.0%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$20M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$7.3B

Total Liabilities

$6.5B

Stockholders' Equity

$836M

Cash & Equivalents

$416M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$74M	$54M	+36.8%
Gross Profit	$69M	$50M	+38.1%
Operating Income	$32M	$24M	+31.8%
Net Income	$24M	$18M	+32.5%

Revenue Segments

Administrative Service

$4M38%

Credit and Debit Card

$3M26%

Fiduciary and Trust

$2M21%

Deposit Account

$1M15%