---
schema_version: "secwatch.filing_event.v1"
accession: "0001174850-25-000020"
form_type: "8-K"
ticker: "NIC"
cik: "0001174850"
company_name: "NICOLET BANKSHARES INC"
filed_at: "2025-04-15T23:59:59+00:00"
generated_at: "2026-05-23T14:14:05.348933+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nicolet Bankshares Q1 net income $33M, EPS $2.08; board adds $60M to buyback

## Summary
- Net income $33M ($2.08 diluted EPS) vs. $28M ($1.82) in Q1 2024; net interest margin 3.58%.
- Loans grew $119M (2%) from year-end; core deposits up $62M (1%); total assets $9.0B.
- Repurchased 233,207 shares for $26M in Q1; board approved $60M additional buyback on Apr 15.
- Nonperforming assets $29M (0.33% of assets); allowance for credit losses $67M (1.00% of loans).
- CEO cites top-quartile profitability, disciplined growth, and M&A patience while focusing on buybacks.

## SEC filing metadata
- accession: 0001174850-25-000020
- form_type: 8-K
- ticker: NIC
- cik: 0001174850
- company_name: NICOLET BANKSHARES INC
- filed_at: 2025-04-15T23:59:59+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/1174850/000117485025000020/0001174850-25-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174850/000117485025000020/nic-20250415.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174850-25-000020
- JSON: https://secwatch.observer/filing/0001174850-25-000020.json
- Plain text: https://secwatch.observer/filing/0001174850-25-000020.txt

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