NIC Q1 2024 Earnings — Nicolet Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

NICNicolet Bankshares, Inc.

$2B

Q1 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$123M+95.4% YoY

Gross Profit

$81M66.0% margin

Operating Income

$34M27.8% margin

Net Income

$28M22.5% margin

EPS (Diluted)

$1.82

QoQ Revenue Growth

-5.5%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$20M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$8.4B

Total Liabilities

$7.4B

Stockholders' Equity

$1.1B

Cash & Equivalents

$433M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$123M	$63M	+95.4%
Gross Profit	$81M	$32M	+156.3%
Operating Income	$34M	-$13M	+362.3%
Net Income	$28M	-$9M	+412.3%

Revenue Segments

Investment Advisory, Management and Administrative Service

$6M58%

Credit and Debit Card

$3M28%

Deposit Account

$2M14%