---
schema_version: "secwatch.filing_event.v1"
accession: "0001174850-25-000033"
form_type: "8-K"
ticker: "NIC"
cik: "0001174850"
company_name: "NICOLET BANKSHARES INC"
filed_at: "2025-07-15T23:59:59+00:00"
generated_at: "2026-05-18T06:25:50.924352+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nicolet reports record Q2 net income of $36M; EPS $2.34, up from $2.08 in Q1

## Summary
- Net income $36M, EPS $2.34 vs $33M ($2.08) in Q1 2025 and $29M ($1.92) in Q2 2024.
- Net interest margin 3.72%, up 14 bps sequentially; ROAA 1.62%, highest since March 2023 restructuring.
- Loan growth of $94M (5.6% annualized) and core deposit growth of $68M (4.1% annualized).
- Repurchased 257,402 shares for $30M during Q2; nonperforming assets 0.32% of total assets.
- CEO cites solid performance across loans, deposits, and mortgage; profitability near top decile of community banks.

## SEC filing metadata
- accession: 0001174850-25-000033
- form_type: 8-K
- ticker: NIC
- cik: 0001174850
- company_name: NICOLET BANKSHARES INC
- filed_at: 2025-07-15T23:59:59+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/1174850/000117485025000033/0001174850-25-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174850/000117485025000033/nic-20250715.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174850-25-000033
- JSON: https://secwatch.observer/filing/0001174850-25-000033.json
- Plain text: https://secwatch.observer/filing/0001174850-25-000033.txt

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