NICNicolet Bankshares, Inc.

$2B

Q2 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$128M+18.0% YoY

Gross Profit

$84M65.1% margin

Operating Income

$37M28.6% margin

Net Income

$29M22.8% margin

EPS (Diluted)

$1.92

QoQ Revenue Growth

+4.1%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$34M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$8.6B

Total Liabilities

$7.5B

Stockholders' Equity

$1.1B

Cash & Equivalents

$412M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$128M	$109M	+18.0%
Gross Profit	$84M	$75M	+10.8%
Operating Income	$37M	$30M	+20.6%
Net Income	$29M	$23M	+29.6%

Revenue Segments

Investment Advisory, Management and Administrative Service

$7M56%

Credit and Debit Card

$3M29%

Deposit Account

$2M15%

NIC Q2 2024 Earnings — Nicolet Bankshares, Inc. Revenue & Financial Results | Market Cap Arena