NICOLET BANKSHARES INC — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that NICOLET BANKSHARES INC filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $150.69M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $124.06M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $61.52M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $94.26M | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $60.65M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $60.12M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $54.64M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $41.04M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $33.15M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $18.46M | Mar 8, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $153.54M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $133.75M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $107.97M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $117.40M | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $97.65M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $78.90M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $58.14M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $50.99M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $40.71M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $24.81M | Mar 8, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.09M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $16.92M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $18.57M | Feb 27, 2026 |
| FY2017 | Dec 31, 2017 | $3.74M | Mar 7, 2018 |
| FY2017 | Dec 31, 2016 | $4.05M | Mar 7, 2018 |
| FY2017 | Dec 31, 2015 | $1.18M | Mar 7, 2018 |
| FY2016 | Dec 31, 2014 | $5.77M | Mar 10, 2017 |
| FY2015 | Dec 31, 2013 | $3.03M | Mar 7, 2016 |
| FY2013 | Dec 31, 2012 | $1.94M | Mar 13, 2014 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $9.19B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $8.80B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $8.47B | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $8.76B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $7.70B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $4.55B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $3.58B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $3.10B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $2.93B | Mar 8, 2019 |
| FY2017 | Dec 31, 2016 | $2.30B | Mar 7, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $7.93B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $7.62B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $7.43B | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $7.79B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $6.80B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $4.01B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $3.06B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $2.71B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $2.57B | Mar 8, 2019 |
| FY2017 | Dec 31, 2016 | $2.02B | Mar 7, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.26B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $1.17B | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $1.04B | Feb 27, 2026 |
| FY2025 | Dec 31, 2022 | $972.53M | Feb 27, 2026 |
| FY2024 | Dec 31, 2021 | $891.89M | Feb 25, 2025 |
| FY2023 | Dec 31, 2020 | $539.19M | Feb 28, 2024 |
| FY2020 | Dec 31, 2019 | $516.26M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $386.61M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $364.18M | Mar 8, 2019 |
| FY2017 | Dec 31, 2016 | $275.95M | Mar 7, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $367.39M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $367.39M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $367.39M | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $367.39M | Feb 28, 2024 |
| FY2023 | Dec 31, 2021 | $317.19M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $163.15M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $151.20M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $107.37M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $107.37M | Feb 28, 2020 |
| FY2017 | Dec 31, 2016 | $66.74M | Mar 7, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $697.80M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $565.77M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $458.26M | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $407.86M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $313.60M | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $252.95M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $199.01M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $144.36M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $102.39M | Mar 8, 2019 |
| FY2017 | Dec 31, 2016 | $68.89M | Mar 7, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $154.93M | Mar 7, 2018 |
| FY2017 | Dec 31, 2016 | $129.10M | Mar 7, 2018 |
| FY2017 | Dec 31, 2015 | $83.62M | Mar 7, 2018 |
| FY2017 | Dec 31, 2014 | $68.71M | Mar 7, 2018 |
| FY2016 | Dec 31, 2013 | $146.98M | Mar 10, 2017 |
| FY2015 | Dec 31, 2012 | $82.00M | Mar 7, 2016 |
| FY2013 | Dec 31, 2011 | $92.13M | Mar 13, 2014 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $134.86M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $161.39M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $166.93M | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $225.34M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $216.92M | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $53.87M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $67.63M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $77.31M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $78.05M | Mar 8, 2019 |
| FY2016 | Dec 31, 2016 | $1.00M | Mar 10, 2017 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 10 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 8 | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | 4 | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | 6 | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | 5 | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | 5 | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | 5 | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | 4 | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | 3 | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | 2 | Mar 8, 2019 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 9 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 8 | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | 4 | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | 6 | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | 5 | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | 5 | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | 5 | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | 4 | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | 3 | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | 2 | Mar 8, 2019 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 14.81M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 15.36M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | 14.89M | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | 14.69M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | 13.99M | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | 10.01M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | 10.59M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | 9.50M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | 9.82M | Mar 8, 2019 |
| FY2017 | Dec 31, 2016 | 8.55M | Mar 7, 2018 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $18.66M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $16.55M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $11.12M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $0 | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $0 | Feb 28, 2024 |