In a report released on January 18, Michael Diana from Maxim Group reiterated a Buy rating on Nicolet Bankshares (NIC – Research Report). The company’s shares opened today at $82.18.
According to TipRanks, Diana is a 5-star analyst with an average return of 15.0% and a 55.71% success rate. Diana covers the Financial sector, focusing on stocks such as Nicolet Bankshares, Cullen/Frost Bankers, and First Savings Financial Group.
Nicolet Bankshares has an analyst consensus of Hold, with a price target consensus of $83.33.
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Based on Nicolet Bankshares’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $78.02 million and a net profit of $17.16 million. In comparison, last year the company earned a revenue of $75.99 million and had a net profit of $18.51 million
Based on the recent corporate insider activity of 108 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NIC in relation to earlier this year.
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Nicolet Bankshares (NIC) Company Description:
Nicolet Bankshares, Inc. is a holding company, which engages in the provision of commercial and consumer banking services through its subsidiary, Nicolet Bank. It offers commercial and personal checking accounts, interest-bearing checking accounts; savings accounts; money market accounts; various types of certificates of deposit; and individual retirement accounts. It also provides commercial, construction, real estate, home equity, and consumer loans; as well as trust, investment management, and brokerage services. The company was founded by Robert Bruc Atwell and Michael E. Daniels on April 5, 2000 and is headquartered in Green Bay, WI.
Read More on NIC:
- Nicolet Bankshares price target raised to $85 from $84 at Keefe Bruyette
- Nicolet Bankshares reports Q4 net interest margin 3.30% vs. 3.39% last year
- Nicolet Bankshares reports Q4 EPS $2.02, consensus $2.08
- NIC Upcoming Earnings Report: What to Expect?
- Nicolet Bankshares assumed with a Neutral at Piper Sandler
