earnings
confidence high
sentiment positive
materiality 0.70
Nicolet Bankshares Q1 2024 net income $28M, EPS $1.82; adjusted net income $26M
NICOLET BANKSHARES INC
2024-Q1 EPS reported
$1.82
- Net income $28M ($1.82 diluted EPS) vs $31M ($2.02) in Q4 2023 and net loss $9M in Q1 2023.
- Adjusted net income (non-GAAP) $26M vs $28M in Q4 2023.
- Tangible common equity ratio 8.33%, tangible book value per share $44.91.
- Net interest margin 3.26%, yield on interest-earning assets 5.44%, cost of funds 3.01%.
- Nonperforming assets stable at 0.33% of total assets; net charge-offs negligible.