NICNicolet Bankshares, Inc.

$2B

Q4 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$132M+1.4% YoY

Gross Profit

$90M68.1% margin

Operating Income

$43M32.6% margin

Net Income

$34M26.0% margin

EPS (Diluted)

$2.19

QoQ Revenue Growth

-1.9%

Cash Flow

Operating Cash Flow

$33M

Free Cash Flow

$28M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$8.8B

Total Liabilities

$7.6B

Stockholders' Equity

$1.2B

Cash & Equivalents

$537M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$132M	$131M	+1.4%
Gross Profit	$90M	$88M	+2.4%
Operating Income	$43M	$37M	+15.5%
Net Income	$34M	$31M	+12.5%

Revenue Segments

Investment Advisory, Management and Administrative Service

$14M56%

Credit and Debit Card

$7M28%

Deposit Account

$4M15%

NIC Q4 2024 Earnings — Nicolet Bankshares, Inc. Revenue & Financial Results | Market Cap Arena