NICNICOLET BANKSHARES INC
National Commercial Banks
- Revenue
- —
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$340M net debt
- AI in 10-K
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Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear102% of net incomeCash flow under 80% of net income
- Dilutive SBCClear—Over 10% of revenue
- Payouts exceed cash flowClear62% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear6% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Net income | $61M | $94M | $62M | $124M | $151M | 21% |
| Operating cash flow | $98M | $117M | $108M | $134M | $154M | 15% |
| Capex | $13M | $12M | $19M | $17M | $4M | 76% |
| Stock-based comp | $7M | $7M | $6M | $7M | $7M | 11% |
| Buybacks | $63M | $61M | $2M | $10M | $77M | 655% |
| Dividends | $0 | $0 | $11M | $17M | $19M | 13% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $609K · 1
- Net
- −$609K
Pay vs performance
No pay-versus-performance disclosure yet.