NIC Q3 2024 Earnings — Nicolet Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

NICNicolet Bankshares, Inc.

$2B

Q3 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$135M+16.0% YoY

Gross Profit

$90M66.7% margin

Operating Income

$41M30.3% margin

Net Income

$33M24.1% margin

EPS (Diluted)

$2.10

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$40M

Free Cash Flow

$35M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$8.6B

Total Liabilities

$7.5B

Stockholders' Equity

$1.1B

Cash & Equivalents

$431M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$135M	$116M	+16.0%
Gross Profit	$90M	$78M	+16.0%
Operating Income	$41M	$32M	+28.3%
Net Income	$33M	$17M	+89.5%

Revenue Segments

Investment Advisory, Management and Administrative Service

$7M56%

Credit and Debit Card

$4M28%

Deposit Account

$2M15%