secwatch.observer — SEC 8-K summary
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Issuer:     NICOLET BANKSHARES INC (NIC)
CIK:        0001174850
Form:       8-K
Filed at:   2024-07-16T23:59:59+00:00
Accession:  0001174850-24-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nicolet Q2 net income $29M, EPS $1.92, dividend raised 12%; loans up 2%
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- Net income $29M ($1.92 diluted EPS) for Q2 2024, up from $28M ($1.82) in Q1 2024 and $23M ($1.51) in Q2 2023.
- First half 2024 net income $57M ($3.74 EPS) vs $14M ($0.91) in first half 2023; adjusted net income $55M vs $45M.
- Quarterly cash dividend increased 12% to $0.28 per share, paid in Q2.
- Loan growth $132M (2%) quarter-over-quarter; core deposits grew after Q1 seasonal lows.
- Non-core items included prior-year balance sheet repositioning and state tax law change.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174850/000117485024000033/0001174850-24-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174850/000117485024000033/nic-20240716.htm
  HTML page:      https://secwatch.observer/filing/0001174850-24-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer