Nicolet Bankshares, Inc. Announces Third Quarter 2026 Earnings
Business Wire•20/10/2026•16:15 ET
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Key Highlights
- ➤Net income $64 million, up from $57 million in second quarter 2026
- ➤Diluted EPS $2.96, versus $2.62 in second quarter 2026
- ➤Net interest margin expanded to 4.19% from 4.14%
- ➤Core deposits grew $223 million, while brokered deposits declined $150 million
- ➤Nicolet completed MidWestOne integration, systems conversion, and Denver branch sale
Expert Statements
Mike Daniels, Chairman, President, and CEO of Nicolet
“Our third quarter results are beginning to show what this combined company can produce”
Mike Daniels, Chairman, President, and CEO of Nicolet
“Core earnings increased, our net interest margin expanded again, and we delivered a core return on average tangible common equity of 22%.”
Mike Daniels, Chairman, President, and CEO of Nicolet
“Our people produced those results all while completing the MidWestOne systems conversion and integration, closing the Denver branch sale, and bringing our teams together around a shared culture.”
Mike Daniels, Chairman, President, and CEO of Nicolet
“That takes a lot of work. I am proud of how they handled it while continuing to do the thousand little things that matter to our customers and communities every day.”
Mike Daniels, Chairman, President, and CEO of Nicolet
“Core deposits grew $223 million, our funding mix improved, and asset quality remained solid.”
Mike Daniels, Chairman, President, and CEO of Nicolet
“Our strong profitability also supported $40 million in common stock repurchases.”
Mike Daniels, Chairman, President, and CEO of Nicolet
“We expect a cleaner fourth quarter giving a clearer view of what this company can earn as we head into 2027.”
Mike Daniels, Chairman, President, and CEO of Nicolet
“From here, our focus is on growing customer relationships, and staying disciplined on credit and expenses.”
Mike Daniels, Chairman, President, and CEO of Nicolet
“We like where we are headed. Now we need to keep delivering.”
Nicolet Bankshares, Inc. Announces Third Quarter 2026 Earnings
* Net income of $64 million ($68 million core*) for third quarter 2026, compared to net income of $57 million ($65 million core*) for second quarter 2026
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