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Upturn AI SWOT - About
Nicolet Bankshares Inc. (NIC)
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Upturn Advisory Summary
04/01/2025: NIC (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -20.9% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.66B USD | Price to earnings Ratio 13.58 | 1Y Target Price 124.4 |
Price to earnings Ratio 13.58 | 1Y Target Price 124.4 | ||
Volume (30-day avg) 86231 | Beta 0.76 | 52 Weeks Range 74.39 - 121.23 | Updated Date 04/2/2025 |
52 Weeks Range 74.39 - 121.23 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 1.02% | Basic EPS (TTM) 8.05 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 35.81% | Operating Margin (TTM) 50.08% |
Management Effectiveness
Return on Assets (TTM) 1.44% | Return on Equity (TTM) 11.22% |
Valuation
Trailing PE 13.58 | Forward PE - | Enterprise Value 1301200128 | Price to Sales(TTM) 4.79 |
Enterprise Value 1301200128 | Price to Sales(TTM) 4.79 | ||
Enterprise Value to Revenue 5.22 | Enterprise Value to EBITDA - | Shares Outstanding 15196800 | Shares Floating 13546174 |
Shares Outstanding 15196800 | Shares Floating 13546174 | ||
Percent Insiders 11.49 | Percent Institutions 48.63 |
Analyst Ratings
Rating 3.6 | Target Price 121.8 | Buy 1 | Strong Buy 1 |
Buy 1 | Strong Buy 1 | ||
Hold 3 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Nicolet Bankshares Inc.
Company Overview
History and Background
Nicolet Bankshares Inc. was founded in 2000 and is headquartered in Green Bay, Wisconsin. It has grown through organic expansion and acquisitions, becoming a prominent community bank in the Midwest.
Core Business Areas
- Commercial Banking: Offers a range of lending and deposit products to businesses, including commercial real estate loans, working capital lines of credit, and treasury management services.
- Retail Banking: Provides personal banking services such as checking and savings accounts, mortgage loans, consumer loans, and wealth management services.
- Wealth Management: Offers investment advisory services, financial planning, and trust services to individuals and families.
Leadership and Structure
Mike Daniels is the CEO of Nicolet Bankshares Inc. The company operates with a traditional hierarchical structure, with executive leadership overseeing various departments and regional banking teams.
Top Products and Market Share
Key Offerings
- Commercial Loans: Loans to businesses for various purposes, including real estate, equipment, and working capital. Market share data specific to Nicolet Bankshares is difficult to obtain precisely, but it competes with larger national and regional banks. Competitors include Associated Banc-Corp (ASB) and U.S. Bancorp (USB).
- Mortgage Loans: Residential mortgage loans for home purchase and refinancing. Similar to commercial loans, precise market share data is challenging to pinpoint. Competitors include national mortgage lenders and other regional banks.
- Deposit Accounts: Checking, savings, and money market accounts for individuals and businesses. Attracts a large and loyal customer base.
Market Dynamics
Industry Overview
The banking industry is currently facing increased competition, regulatory scrutiny, and evolving customer expectations, especially with the rise of fintech companies. Interest rates, technology, and regional economies all influence the industry.
Positioning
Nicolet Bankshares positions itself as a community-focused bank, emphasizing relationship banking and local decision-making. This differentiates them from larger national banks.
Total Addressable Market (TAM)
The TAM for banking services in the Midwest region is estimated to be in the hundreds of billions of dollars. Nicolet Bankshares captures a small but growing portion of this market through its focus on community banking and personalized service.
Upturn SWOT Analysis
Strengths
- Strong local market presence
- Relationship-based banking approach
- Experienced management team
- Strong asset quality
Weaknesses
- Limited geographic reach compared to national banks
- Dependence on regional economic conditions
- Higher cost structure in select segments
- Lower brand recognition outside of existing markets
Opportunities
- Expansion into new markets through acquisitions or organic growth
- Increased adoption of digital banking solutions
- Growing demand for wealth management services
- Increased small business lending
Threats
- Rising interest rates
- Increased competition from fintech companies
- Economic downturn
- Regulatory changes
Competitors and Market Share
Key Competitors
- ASB
- USB
- BOKF
Competitive Landscape
Nicolet Bankshares competes primarily with other regional and national banks. Its advantages lie in its strong local relationships and community focus, while its disadvantages include its smaller size and limited geographic reach compared to larger competitors.
Major Acquisitions
Anchor Bank
- Year: 2016
- Acquisition Price (USD millions): 146
- Strategic Rationale: Expanded Nicolet's presence in northeastern Wisconsin.
Growth Trajectory and Initiatives
Historical Growth: Historical growth needs to be supported by financial metrics, acquisition details, and branch expansion activities.
Future Projections: Analyst estimates are necessary for future growth projections.
Recent Initiatives: Information on recent acquisitions, branch openings, and new product launches is required.
Summary
Nicolet Bankshares is a community-focused bank with a strong presence in the Midwest. Its relationship-based approach has fostered loyal customer base. The company's smaller size relative to national banks may limit its scalability. Potential threats include rising interest rates and increased competition from fintech companies.
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First Financial Bancorp
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HBAN
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MBWM
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Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Financial News Articles
Disclaimers:
This analysis is based on publicly available information and represents a general overview. It is not financial advice. Market share data is based on estimates and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Nicolet Bankshares Inc.
Exchange NYSE | Headquaters Green Bay, WI, United States | ||
IPO Launch date 2013-05-17 | President, CEO & Chairman Mr. Michael E. Daniels | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 978 | Website https://www.nicoletbank.com |
Full time employees 978 | Website https://www.nicoletbank.com | ||
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 checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts. It also offers commercial loans, including commercial, industrial, and business loans and lines of credit; commercial real estate loans; agricultural (AG) production and AG real estate loans; commercial real estate investment loans; construction and land development loans; residential real estate loans, such as residential first lien and junior lien mortgages, home equity loans, lines of credit, and residential construction loans; and consumer loans. In addition, the company provides cash management, international banking, personal brokerage, safe deposit boxes, and trust and fiduciary services, as well as wealth management and retirement plan services. Further, it offers mortgage refinancing; online services, such as commercial, retail, and trust online banking; automated bill payment, mobile banking deposits and account access, and remote deposit capture services; and other services consisting of wire transfers, debit cards, credit cards, pre-paid gift cards, direct deposits, and official bank checks, as well as facilitates crop insurance products. The company was formerly known as Green Bay Financial Corporation and changed its name to Nicolet Bankshares, Inc. in March 2002. The company was incorporated in 2000 and is headquartered in Green Bay, Wisconsin.
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