NICNicolet Bankshares, Inc.

$2B

Q3 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$53M-5.8% YoY

Gross Profit

$43M81.9% margin

Operating Income

$10M19.2% margin

Net Income

$8M14.8% margin

EPS (Diluted)

$0.73

QoQ Revenue Growth

-9.8%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$6M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$6.4B

Total Liabilities

$5.7B

Stockholders' Equity

$729M

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$53M	$56M	-5.8%
Gross Profit	$43M	$48M	-10.5%
Operating Income	$10M	$25M	-58.8%
Net Income	$8M	$18M	-56.8%

Revenue Segments

Administrative Service

$3M36%

Credit and Debit Card

$2M26%

Fiduciary and Trust

$2M23%

Deposit Account

$1M15%

NIC Q3 2021 Earnings — Nicolet Bankshares, Inc. Revenue & Financial Results | Market Cap Arena