---
schema_version: "secwatch.filing_event.v1"
accession: "0001174850-25-000054"
form_type: "8-K"
ticker: "NIC"
cik: "0001174850"
company_name: "NICOLET BANKSHARES INC"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:26:59.612719+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nicolet Bankshares Q3 2025 net income $42M record; EPS $2.73 diluted

## Summary
- Net income $42M ($2.73 diluted EPS) vs. $36M ($2.34) prior quarter and $33M ($2.10) year ago.
- Net interest margin 3.86%, up 14 bps QoQ; yield on earning assets 5.85%, cost of funds down 10 bps.
- Core deposit growth $223M (13% annualized); total deposits up $70M to $7.6B.
- Repurchased 155,393 shares for $21M during the quarter; assets $9.0B.
- Nonperforming assets remain low at 0.31% of total assets; net charge-offs negligible.

## SEC filing metadata
- accession: 0001174850-25-000054
- form_type: 8-K
- ticker: NIC
- cik: 0001174850
- company_name: NICOLET BANKSHARES INC
- filed_at: 2025-10-23T23:59:59+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/1174850/000117485025000054/0001174850-25-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174850/000117485025000054/nic-20251023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174850-25-000054
- JSON: https://secwatch.observer/filing/0001174850-25-000054.json
- Plain text: https://secwatch.observer/filing/0001174850-25-000054.txt

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