NIC Q4 2023 Earnings — Nicolet Bankshares, Inc. Revenue & Financial Results | Market Cap Arena

NICNicolet Bankshares, Inc.

$2B

Q4 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$131M+29.6% YoY

Gross Profit

$88M67.4% margin

Operating Income

$37M28.6% margin

Net Income

$31M23.5% margin

EPS (Diluted)

$2.02

QoQ Revenue Growth

+12.2%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$35M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$8.5B

Total Liabilities

$7.4B

Stockholders' Equity

$1.0B

Cash & Equivalents

$498M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$131M	$101M	+29.6%
Gross Profit	$88M	$81M	+8.3%
Operating Income	$37M	$37M	+0.9%
Net Income	$31M	$28M	+11.1%