Nicolet Bankshares Q2 adjusted EPS beats analyst estimates aided by MidWestOne acquisition
NIC•Outlook
- Company expects Denver branch sale to close in third qtr 2026
- Nicolet sees continued margin expansion and solid organic growth through balance of 2026
- Company expects cost savings from MidWestOne integration to strengthen profitability later in 2026
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Adjusted EPS | Beat | $2.99 | $2.80 (6 Analysts) |
| Q2 EPS | $2.62 | ||
| Q2 Net Income | $56.90 mln | ||
| Q2 Net Interest Income | $141.47 mln | ||
| Q2 Credit Loss Provision | $1.50 mln |
Analyst coverage
- The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
- The average consensus recommendation for the banks peer group is "buy"
- Wall Street's median 12-month price target for Nicolet Bankshares, Inc is $178.00, about 6.6% above its July 20 closing price of $167.02
- The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 12 three months ago
Quarterly results and key drivers
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