Stock analysis, trade plans, and proprietary indicators by Trend Edge.
About Nicolet Bankshares Inc.
Nicolet Bankshares, Inc. operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin, Michigan, and Minnesota. The company accepts demand deposits, checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts. Read full Trend Edge analysis →
Sector: Financial Services
Industry: Banks-Regional
Exchange: NYSE
IPO Date: May 17, 2013
Headquarters: 111 North Washington Street, Green Bay, WI, United States, 54301
Hidden Gem: Yes — undiscovered relative to its market cap tier
Founder-Led: Yes — Bob Atwell (Executive Director), Mike Daniels (President, CEO & Chairman)
Key Metrics
Current Price
$139.61
Market Cap
$3.02B
Float
19.4M
Shares Outstanding
21.3M
P/E (Forward)
14.84
P/E (TTM)
16.72
Price/Sales (TTM)
7.06
vs. Analyst Target
+24.8% to analyst PT
Profit Margin
31.09%
Operating Margin (TTM)
50.52%
Revenue (TTM)
$429M
Earnings Growth (YoY)
-61.10%
Dividend Rate
1.3%
Analyst Target Price
$174.20 (5 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$213M
$60.1M
$183M
$91.6M
2021
$239M
$60.7M
$211M
$95.0M
2022
$332M
$94.3M
$287M
$148M
2023
$417M
$61.5M
$273M
$105M
2024
$519M
$124M
$345M
$172M
2025
$553M
$151M
$384M
$187M
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Jun 2025
$138M
$36.0M
Sep 2025
$144M
$41.7M
Dec 2025
$139M
$40.3M
Mar 2026
$102M
$15.2M
Ownership & Float
Insider Ownership
8.5%
Institutional Ownership
54.3%
Short Float
2.7%
% of All Funds Holding
2.57%
Number of Funds Holding
211
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$146.56
Near-term / short-term trend
Weekly
40-Week SMA
$137.54
Medium-term trend
Weekly
80-Week SMA
$127.26
Cyclical trend (business cycle)
Weekly
200-Week SMA
$98.17
Secular trend (multi-year)
Monthly
10-Month SMA
$137.17
Near-term monthly trend
Monthly
20-Month SMA
$126.13
Medium-term monthly trend
Monthly
40-Month SMA
$102.02
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$121.00
support
1.70x
3 months ago
$108.00
support
1.17x
12 months ago
$104.00
support
1.45x
17 months ago
$83.00
support
1.96x
21 months ago
Historical Earnings Reactions (46 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
-0.13%
0.03%
50.00%
4.01%
-5.24%
1 Day
0.86%
0.75%
69.57%
10.29%
-9.73%
1 Week
1.94%
2.56%
67.39%
13.23%
-10.30%
2 Weeks
2.52%
2.42%
65.22%
19.29%
-10.45%
1 Month
3.97%
3.48%
75.56%
18.75%
-18.40%
Next earnings: July 14, 2026 (46 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
3.0%
69.2%
13
Feb
2.5%
76.9%
13
Mar
1.2%
53.8%
13
Apr
-1.6%
46.2%
13
May
2.2%
66.7%
12
Jun
2.3%
69.2%
13
Jul
5.2%
69.2%
13
Aug
0.4%
61.5%
13
Sep
-2.0%
30.8%
13
Oct
1.7%
69.2%
13
Nov
3.8%
69.2%
13
Dec
1.5%
46.2%
13
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
0.19%
46.9%
614
Tuesday
0.03%
42.0%
676
Wednesday
0.02%
42.1%
670
Thursday
0.18%
49.5%
657
Friday
0.01%
47.0%
657
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 54.3%
Insider Transactions — Smart Summary
Total insider ownership: 8.5%
Founder-led management: Bob Atwell (Executive Director), Mike Daniels (President, CEO & Chairman)
Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Nicolet Bankshares Inc.
(NIC) powered by Claude Opus — Anthropic's most capable AI model.
The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward.
Whether you are building a long position, initiating a short, or looking for a reversal setup,
AI Consult identifies the highest-probability signal from the current trend.