earnings
confidence high
sentiment positive
materiality 0.80
Nicolet Q2 net income $57M ($2.62 EPS); core EPS $2.99; declares $0.36 dividend; $150M buyback authorized
NICOLET BANKSHARES INC
- Net income $57M ($2.62 diluted EPS) vs Q1 $15M ($0.81); core net income $65M ($2.99 core EPS).
- Net interest margin expanded to 4.14% from Q1; driven by loan purchase accretion and lower deposit costs.
- Repurchased 267,310 shares for $40M in Q2; board authorized $150M additional repurchases.
- Declared quarterly dividend $0.36/share, payable Sept 15, record Sept 1.