Nicolet Bankshares Q1 profit $33 million, EPS $2.08, down from fourth quarter
Nicolet Bankshares reported first quarter 2025 net income of $33 million, or $2.08 per diluted share, down from $34 million and $2.19 in the fourth quarter of 2024 but up from $28 million and $1.82 in the first quarter of 2024. The company also approved a $60 million increase to its stock buyback authorization on April 15, 2025, which it said is the best use of capital in its view, and it repurchased 233,207 shares for $26 million during the quarter.
Key points
- Net income $33 million and diluted EPS $2.08 for Q1 2025, versus $34 million and $2.19 in Q4 2024 and $28 million and $1.82 in Q1 2024
- Net interest income $71 million, down slightly from Q4 2024; net interest margin 3.58% versus 3.61%
- Noninterest income $18 million, down $3 million from Q4 2024
- Board approved a $60 million increase to the common stock repurchase authorization on April 15, 2025
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 15, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.