
NIC Stock Forecast & Price Target
NIC Analyst Ratings
Bulls say
Nicolet Bankshares Inc. demonstrated strong financial performance with its PPNR growing over 9% quarter-over-quarter to $46.5 million, surpassing estimates due to increased net interest income (NII) and fee income, despite higher expenses. The company achieved a return on assets (ROA) of 1.62% and a return on tangible common equity (ROTCE) exceeding 18%, reflecting robust operational efficiency that captured investor attention and contributed to a nearly 7% increase in share price during the recent trading session. Looking forward, expectations remain positive as the bank's core margin is anticipated to improve further with ongoing asset repricing, strategic asset remixing, and steady loan growth.
Bears say
Nicolet Bankshares Inc. is experiencing a decline in total deposits, decreasing by 2% on a last quarter annualized (LQA) basis, despite increases in demand and savings deposits, indicating potential issues with customer retention and liquidity. The bank's reliance on higher-cost funding sources is highlighted by the significant declines in money market, now accounts, and time deposits, which fell by 8% and 20% LQA, respectively. Additional risks to the bank's financial outlook include potential increases in credit costs, continued reduced loan demand, and margin pressure, all of which could adversely impact future earnings.
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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