NIC Q4 2022 Earnings — Nicolet Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

NICNicolet Bankshares, Inc.

$2B

Q4 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$101M+36.6% YoY

Gross Profit

$81M80.6% margin

Operating Income

$37M36.8% margin

Net Income

$28M27.4% margin

EPS (Diluted)

$1.83

QoQ Revenue Growth

+20.4%

Cash Flow

Operating Cash Flow

$30M

Free Cash Flow

$26M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$8.8B

Total Liabilities

$7.8B

Stockholders' Equity

$973M

Cash & Equivalents

$167M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$101M	$74M	+36.6%
Gross Profit	$81M	$61M	+32.6%
Operating Income	$37M	$22M	+70.1%
Net Income	$28M	$16M	+69.3%

Revenue Segments

Administrative Service

$7M35%

Credit and Debit Card

$6M29%

Fiduciary and Trust

$4M20%

Deposit Account

$3M15%