Nicolet Bankshares 1Q FY26 net income drops 53.4% to $15.2 million; net interest income rises 53.9% to $109.6 million

Nicolet Bankshares

Nicolet Bankshares

NIC

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  • Nicolet Bankshares 1Q 2026 net income dropped 53.4% year over year to $15.2 million; diluted EPS fell 61.1% to $0.81.
  • Adjusted net income rose 56.7% to $51.5 million; adjusted diluted EPS increased 30.7% to $2.75.
  • Net interest income climbed 53.9% to $109.6 million; noninterest income rose 38.8% to $25.3 million.
  • Noninterest expense more than doubled to $109.8 million; pretax income declined 52.6% to $19 million.
  • Net interest margin widened 40 basis points to 3.98%; nonperforming assets increased to 0.51% of assets from 0.33%.


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