Nicolet Bankshares (NIC) PT Raised to $112 at Stephens

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Go back to Nicolet Bankshares (NIC) PT Raised to $112 at Stephens

Nicolet Bankshares, Inc. Announces Third Quarter 2024 Results

October 15, 2024 4:05 PM EDT

Net income $33 million for third quarter 2024, compared to net income of $29 million in prior quarter, and net income of $17 million for third quarter 2023 Net income of $90 million or adjusted net income (non-GAAP) of $87 million for the first nine months of 2024, compared to net income of $31 million or adjusted net income (non-GAAP) of $73 million for the first nine months of 2023 Tangible common equity to tangible assets increased 64 bps to 9.21% at quarter end due to strong core earnings and a significant reduction in unrealized losses in the securities portfolio from lower expected... More