---
schema_version: "secwatch.filing_event.v1"
accession: "0001174850-24-000022"
form_type: "8-K"
ticker: "NIC"
cik: "0001174850"
company_name: "NICOLET BANKSHARES INC"
filed_at: "2024-04-16T23:59:59+00:00"
generated_at: "2026-06-03T22:03:41.231807+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nicolet Bankshares Q1 2024 net income $28M, EPS $1.82; adjusted net income $26M

## Summary
- 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.

## SEC filing metadata
- accession: 0001174850-24-000022
- form_type: 8-K
- ticker: NIC
- cik: 0001174850
- company_name: NICOLET BANKSHARES INC
- filed_at: 2024-04-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1174850/000117485024000022/0001174850-24-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174850/000117485024000022/nic-20240416.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174850-24-000022
- JSON: https://secwatch.observer/filing/0001174850-24-000022.json
- Plain text: https://secwatch.observer/filing/0001174850-24-000022.txt

## Key facts
- Earnings Releases
  NICOLET BANKSHARES INC reported first quarter 2024 results: net income net income of $28 million, EPS earnings per diluted common share of $1.82.
  - Period: first quarter 2024
  - Net income: net income of $28 million
  - EPS: earnings per diluted common share of $1.82
  - Result: reported results
  source text: Nicolet Bankshares, Inc. (NYSE: NIC) (“Nicolet”) announced first quarter 2024 net income of $28 million and earnings per diluted common share of $1.82
  evidence_url: https://www.sec.gov/Archives/edgar/data/1174850/000117485024000022/0001174850-24-000022-index.htm

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