Keefe, Bruyette & Woods Reiterates Market Perform Rating on Nicolet Bankshares (NIC)

Keefe, Bruyette & Woods analyst Damon Del Monte reiterated a Market Perform rating and $86.00 price target on Nicolet Bankshares (NYSE: NIC).

The analyst commented, "NIC announced that its Board of Directors approved a $0.28/sh common dividend, which represents a $0.03/sh, or 12%, increase over the prior quarter dividend. The dividend will be payable on June 14, 2024, to shareholders of record as of June 3, 2024. Overall, we are pleased to see NIC increase capital returned to shareholders just one year after initiating a dividend."

For an analyst ratings summary and ratings history on Nicolet Bankshares click here. For more ratings news on Nicolet Bankshares click here.

Shares of Nicolet Bankshares closed at $82.56 yesterday.

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