
NIC Stock Forecast & Price Target
NIC Analyst Ratings
Bulls say
Nicolet Bankshares Inc. has demonstrated robust financial growth, with wealth revenue increasing at a 15% compound annual growth rate (CAGR) since 2019 and projected to maintain this growth in 2024. The bank's tangible book value (TBV) rose to $46.84, marking a 4% increase quarter-over-quarter, alongside a significant improvement in tangible common equity (TCE) rising by 24 basis points to 8.57%. Additionally, the growth in loans, particularly across various sectors including commercial and agricultural loans, along with a strong demand for deposits, underscores the bank's ability to capture market share and expand its asset management capabilities effectively.
Bears say
Nicolet Bankshares Inc. faces multiple financial challenges that contribute to a negative outlook, particularly regarding slower-than-expected growth in loans, core deposits, and fee incomes. Concerns about deteriorating credit quality pose significant risks, which could necessitate higher provisions for loan losses, while operating expenses remain elevated with recent figures registering at $46.9 million, leading to pressure on overall profitability. Additionally, the bank's exposure to regulatory risks could further affect revenue streams and increase operational costs, compounding the negative impact on stock performance.
This aggregate rating is based on analysts' research of Nicolet Bankshares Inc and is not a guaranteed prediction by Public.com or investment advice.
NIC Analyst Forecast & Price Prediction
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