Strong Performance Despite Market Challenges
Nicolet Bankshares (NIC) delivered earnings and revenue surprises of -1.15% and 1.63%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
GREEN BAY, Wis., April 16, 2024--Nicolet Bankshares, Inc. (NYSE: NIC) ("Nicolet") announced first quarter 2024 net income of $28 million and earnings per diluted common share of $1.82, compared to net income of $31 million and earnings per diluted common share of $2.02 for fourth quarter 2024, and net loss of $9 million and loss per diluted common share of $0.61 for first quarter 2023.