Nicolet Bankshares (NIC) Sees Net Margin Increase to 38.5%, Countering Conservative Growth Perspectives
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 25 2025
0mins
Should l Buy NIC?
Source: Yahoo Finance
Current Financial Performance: Nicolet Bankshares reported a net profit margin of 38.5% and a 20.5% earnings growth over the past year, surpassing its five-year average of 18.3%, but faces a projected 4.8% annual revenue decline and a slower 1.8% earnings growth rate in the coming years.
Valuation Insights: The company's discounted cash flow (DCF) fair value is estimated at $205.09 per share, significantly higher than its current market price of $124.27, indicating a perceived undervaluation despite trading at a premium compared to industry peers.
Investor Sentiment: While historical performance shows strong profitability, investor caution is evident due to declining revenue forecasts and slower growth compared to the broader US market, leading to a mixed outlook for future performance.
Long-Term Considerations: Investors are encouraged to consider the long-term trends and potential shifts in valuation arguments as Nicolet Bankshares navigates a turning point from strong past performance to uncertain future growth prospects.
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Analyst Views on NIC
Wall Street analysts forecast NIC stock price to rise
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 151.930
Low
140.00
Averages
155.33
High
165.00
Current: 151.930
Low
140.00
Averages
155.33
High
165.00
About NIC
Nicolet Bankshares, Inc. is the bank holding company of Nicolet National Bank (the Bank), a full-service, community bank providing services ranging from commercial, agricultural and consumer banking to wealth management and retirement plan services. The Bank operates branches in Wisconsin, Michigan and Minnesota. The Bank offers a variety of loans, deposits and related services to business customers, including business checking and other business deposit products and cash management services, international banking services, as well as retirement plan services. It offers a variety of banking products and services to consumers, including residential mortgage loans and mortgage refinancing, home equity loans and lines of credit, residential construction loans, safe deposit boxes, and personal brokerage, trust and fiduciary services. The Bank delivers its products and services through approximately 57 bank branch locations, online banking, mobile banking and an interactive Website.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Nicolet Bankshares (NIC) Declares $0.32 Quarterly Dividend, Consistent with Previous Payout
- Quarterly Dividend Announcement: Nicolet Bankshares declares a quarterly dividend of $0.32 per share, consistent with previous payouts, indicating stable cash flow and profitability, which is likely to attract income-seeking investors.
- Dividend Yield: The forward yield of 0.97% reflects the company's attractiveness in the current market environment, potentially increasing investor interest in its stock and supporting price stability.
- Shareholder Record Dates: The dividend will be payable on March 16, with a record date of March 2 and an ex-dividend date also on March 2, providing investors with a clear timeline to participate in the dividend, thereby boosting shareholder confidence.
- Acquisition Deal: Nicolet Bankshares agrees to acquire MidWestOne Financial Group in an all-stock deal valued at $864 million, which will further enhance the company's market position and asset base, laying the groundwork for future growth.
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Nicolet National Bank Merges with MidWestOne, Significant Capital Growth Expected
- M&A Opportunity: Nicolet National Bank is merging with MidWestOne Financial Group, which is expected to significantly enhance its capital levels and market share, particularly in the Midwest, strengthening its position as a consolidator in the industry.
- Superior Financial Metrics: Nicolet boasts some of the best return on assets and tangible equity in the banking sector, and post-merger, it will have the capacity to buy back stock, thereby further enhancing shareholder value.
- Market Growth Potential: Atlantic Union Bank holds the fifth-largest market share in Virginia, and despite facing short-term volatility from the merger, its performance in strong growth markets and cost-cutting strategies will support future capital growth.
- Management Team Advantage: Nicolet's management team is known for its entrepreneurial spirit and successful M&A history, and it is expected to continue creating substantial value for shareholders through effective transactions, further solidifying its market position in the Midwest.
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MidWestOne Financial Group to be Sold to Nicolet Bankshares with 2.6 Shares Compensation
- Transaction Investigation: Former Louisiana Attorney General Charles C. Foti and his law firm are investigating the proposed sale of MidWestOne Financial Group to Nicolet Bankshares, focusing on whether the compensation of 2.6 shares of Farmers common stock per MidWestOne share is adequate, which could impact shareholder rights.
- Shareholder Rights Concern: KSF is reviewing the adequacy of the transaction process, and if deemed insufficient, may challenge the legality of the deal, potentially affecting MidWestOne's market performance and shareholder confidence.
- Legal Consultation Opportunity: KSF encourages shareholders who believe the transaction undervalues MidWestOne to reach out for legal advice, which may amplify dissenting voices among shareholders and affect the smooth execution of the deal.
- Market Reaction Anticipation: The investigation into this transaction could lead to volatility in MidWestOne's stock price, prompting investors to monitor developments closely to assess the potential impact on the company's long-term value.
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Nicolet Bankshares (NIC) Declares $0.32 Quarterly Dividend, Consistent with Previous Payout
- Quarterly Dividend Announcement: Nicolet Bankshares declares a quarterly dividend of $0.32 per share, consistent with previous payouts, indicating stable cash flow and profitability, which is likely to attract income-seeking investors.
- Dividend Yield: The forward yield of 0.97% reflects the company's attractiveness in the current market environment, potentially increasing investor interest in its stock and supporting price stability.
- Shareholder Record Dates: The dividend will be payable on March 16, with a record date of March 2 and an ex-dividend date also on March 2, providing investors with a clear timeline to participate in the dividend, thereby boosting shareholder confidence.
- Acquisition Deal: Nicolet Bankshares agrees to acquire MidWestOne Financial Group in an all-stock deal valued at $864 million, which will further enhance the company's market position and asset base, laying the groundwork for future growth.
See More
Synchrony Financial Enhances Clover Integration to Streamline Patient Financing
- Integration Upgrade: Synchrony Financial's enhanced integration with Clover enables over 40,000 health and wellness providers to process CareCredit applications directly at the point of sale, streamlining the patient financing process and improving customer experience.
- Payment Convenience: The newly launched “Pay with CareCredit” app is the only patient financing solution in the Clover App Market, pre-installed on Clover devices, allowing providers to accept CareCredit payments directly without additional equipment, thus reducing operational costs.
- Business Growth Support: The full integration of CareCredit is seen as a significant operational advantage, expected to drive the performance of Synchrony's health and wellness platform and enhance its market competitiveness in medical financing.
- Partnership Expansion: In the first nine months of 2025, Synchrony established or renewed over 40 partnerships, further expanding credit accessibility, enhancing its customer base, and promoting repeat sales, demonstrating its extensive influence across multiple industries.
See More
Nicolet National Bank Merges with MidWestOne, Significant Capital Growth Expected
- M&A Opportunity: Nicolet National Bank is merging with MidWestOne Financial Group, which is expected to significantly enhance its capital levels and market share, particularly in the Midwest, strengthening its position as a consolidator in the industry.
- Superior Financial Metrics: Nicolet boasts some of the best return on assets and tangible equity in the banking sector, and post-merger, it will have the capacity to buy back stock, thereby further enhancing shareholder value.
- Market Growth Potential: Atlantic Union Bank holds the fifth-largest market share in Virginia, and despite facing short-term volatility from the merger, its performance in strong growth markets and cost-cutting strategies will support future capital growth.
- Management Team Advantage: Nicolet's management team is known for its entrepreneurial spirit and successful M&A history, and it is expected to continue creating substantial value for shareholders through effective transactions, further solidifying its market position in the Midwest.
See More
MidWestOne Financial Group to be Sold to Nicolet Bankshares with 2.6 Shares Compensation
- Transaction Investigation: Former Louisiana Attorney General Charles C. Foti and his law firm are investigating the proposed sale of MidWestOne Financial Group to Nicolet Bankshares, focusing on whether the compensation of 2.6 shares of Farmers common stock per MidWestOne share is adequate, which could impact shareholder rights.
- Shareholder Rights Concern: KSF is reviewing the adequacy of the transaction process, and if deemed insufficient, may challenge the legality of the deal, potentially affecting MidWestOne's market performance and shareholder confidence.
- Legal Consultation Opportunity: KSF encourages shareholders who believe the transaction undervalues MidWestOne to reach out for legal advice, which may amplify dissenting voices among shareholders and affect the smooth execution of the deal.
- Market Reaction Anticipation: The investigation into this transaction could lead to volatility in MidWestOne's stock price, prompting investors to monitor developments closely to assess the potential impact on the company's long-term value.
See More
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- Market Strength: As of the end of 2025, the U.S. stock market is notably strong, with the S&P 500 reaching all-time highs, reflecting investor confidence amid rising precious metal prices and stable Treasury yields.
- Pinnacle Financial Overview: Pinnacle Financial Partners has a market cap of $7.79 billion and generates $1.89 billion in annual revenue, with earnings and revenue expected to grow significantly over the next three years, despite a low forecasted return on equity of 11.3%.
- M&A Impact: The recent regulatory approval for Pinnacle's merger with Synovus Financial Corp is expected to positively influence future performance, with integration efforts projected to be completed by 2027, enhancing market competitiveness.
- Other Undervalued Stocks: In the U.S. market, companies like Zymeworks, UMB Financial, and Sportradar show significant undervaluation potential, with estimated discounts ranging from 48% to 49%, attracting investor interest.
See More
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- Workday Valuation Insight: Workday's current price of $216.85 is significantly below its fair value of $347.1, indicating a 37.5% undervaluation; despite a drop in profit margins from 19.9% to 7%, earnings are projected to grow at 32.2% annually, well above the U.S. market's 16.2% growth rate.
- Dycom Future Outlook: Dycom Industries is trading at $348.4, below its estimated fair value of $452.77, reflecting a 23.1% undervaluation; despite high debt levels, earnings grew by 32.7% over the past year, with an expected annual growth rate of 18.1%, surpassing the market average.
- FIS Financial Health: Fidelity National Information Services is priced at $67.17, significantly below its fair value of $114.18, highlighting a 41.2% undervaluation; despite a decline in profit margins to 1.7%, earnings are forecasted to grow at 47.6% annually, far exceeding the market average.
- Market Opportunities: In a robust market where the Dow Jones and S&P 500 have reached new highs, investors are actively seeking undervalued stocks, with Workday, Dycom, and FIS presenting significant potential for substantial returns.
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