---
schema_version: "secwatch.filing_event.v1"
accession: "0001174850-24-000003"
form_type: "8-K"
ticker: "NIC"
cik: "0001174850"
company_name: "NICOLET BANKSHARES INC"
filed_at: "2024-01-16T23:59:59+00:00"
generated_at: "2026-06-06T22:58:58.366462+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nicolet Q4 net income $31M, EPS $2.02; core net income highest in 23 years

## Summary
- Q4 net income $31M (EPS $2.02) vs Q3 $17M ($1.14); adjusted net income $28M.
- Net interest margin 3.30%, up 14 bps QoQ; loan growth $115M (2%).
- Nonperforming assets 0.33% of assets, down from 0.37% Q3; tangible common equity 7.98%.
- Full-year 2023 net income $62M ($4.08 EPS) vs 2022 $94M ($6.56); adjusted $101M vs $99M.
- CEO cites highest quarterly core net income in history; momentum into 2024.

## SEC filing metadata
- accession: 0001174850-24-000003
- form_type: 8-K
- ticker: NIC
- cik: 0001174850
- company_name: NICOLET BANKSHARES INC
- filed_at: 2024-01-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1174850/000117485024000003/0001174850-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174850/000117485024000003/nic-20240116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174850-24-000003
- JSON: https://secwatch.observer/filing/0001174850-24-000003.json
- Plain text: https://secwatch.observer/filing/0001174850-24-000003.txt

## Key facts
- Earnings Releases
  NICOLET BANKSHARES INC reported the quarter and year ended December 31, 2023 results: net income Net income of $31 million, EPS earnings per diluted common share of $2.02.
  - Period: the quarter and year ended December 31, 2023
  - Net income: Net income of $31 million
  - EPS: earnings per diluted common share of $2.02
  - Result: reported results
  source text: On January 16, 2024, Nicolet Bankshares, Inc. (“Nicolet”) announced its earnings for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1174850/000117485024000003/0001174850-24-000003-index.htm
- Earnings Releases
  NICOLET BANKSHARES INC reported the year ended December 31, 2023 results: net income Net income of $62 million, EPS earnings per diluted common share of $4.08.
  - Period: the year ended December 31, 2023
  - Net income: Net income of $62 million
  - EPS: earnings per diluted common share of $4.08
  - Result: reported results
  source text: Net income for the year ended December 31, 2023 was $62 million and earnings per diluted common share of $4.08
  evidence_url: https://www.sec.gov/Archives/edgar/data/1174850/000117485024000003/0001174850-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.