NIC Q3 2022 Earnings — Nicolet Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

NICNicolet Bankshares, Inc.

$2B

Q3 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$84M+58.7% YoY

Gross Profit

$67M80.5% margin

Operating Income

$25M29.7% margin

Net Income

$19M22.1% margin

EPS (Diluted)

$1.29

QoQ Revenue Growth

+13.7%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$36M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$8.9B

Total Liabilities

$8.0B

Stockholders' Equity

$938M

Cash & Equivalents

$452M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$84M	$53M	+58.7%
Gross Profit	$67M	$43M	+56.1%
Operating Income	$25M	$10M	+145.3%
Net Income	$19M	$8M	+136.6%

Revenue Segments

Administrative Service

$3M32%

Credit and Debit Card

$3M31%

Fiduciary and Trust

$2M20%

Deposit Account

$2M17%