Nicolet Bankshares Q2 FY26 net income rises to $56.9 million; net interest income climbs 88% to $141.5 million
NIC•Quarterly earnings and EPS
Nicolet posted GAAP net income of $56.9 million for the quarter ended June 30, 2026, lifting diluted EPS to $2.62 from $2.34 a year earlier.
Net interest income and margin
Net interest income climbed to $141.5 million, up 88% year over year; net interest margin widened 42 basis points to 4.14%.
Expenses and acquisition-related items
Noninterest expense rose to $103.8 million, up 108%, including $7.4 million of merger-related expense and a $5.4 million loss on early debt extinguishment.
Balance sheet growth after MidWestOne acquisition
Total assets were $15.4 billion at June 30, up 68% from Dec. 31, 2025, reflecting the MidWestOne acquisition closed Feb. 13, 2026.
Deposits totaled , up from Dec. 31, 2025; loans were , up .
