earnings
confidence high
sentiment positive
materiality 0.75
Nicolet reports Q4 net income $28M ($1.83 EPS); full-year net income $94M ($6.56 EPS)
NICOLET BANKSHARES INC
2022-FY EPS reported
$6.56
- Adjusted Q4 EPS $1.84; full-year adjusted EPS $6.90; record net income of $94M for 2022.
- Net interest income Q4 $68M, up $5M QoQ; full-year $240M, up $82M vs 2021.
- Total loans $6.2B, up 34% YoY; organic loan growth 14% excluding acquisitions and repurchases.
- Total deposits $7.2B, down 3% QoQ; nonperforming assets 0.46% of total assets.
- Completed Charter acquisition in August 2022 adding $1.1B assets, $827M loans, $869M deposits.