NIC

Nicolet BanksharesB

NYSE / Banks

At close

2026-07-20

Current thesis

Nicolet entered 2026 from a position of strength, with 2025 net income of $151 million, total assets of $9.2 billion, negligible net charge-offs, and solid capital ratios; if the MidWest One integration is clean, the stock can re-rate toward the $175 analyst median target. [#10-K-2026-02-27]

Posture

Constructive

Lead driver

Value

What changed

Next scheduled catalyst: earnings 2026-07-21.

What can break

Capital return restrained while merger execution takes priority

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $160.00 · Bull $175.00 · Bear $142.00

Earnings

2026-07-21

Data freshness

Prices

As of 2026-07-20

Fundamentals

As of 2026-07-20 • Vendor: Data Vendor v1

Scores

As of 2026-07-20 • Model: HYBRID_IC_RP

AI Memo

As of 2026-04-15 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-07-20

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Neutral

Target $177.80

Why

Momentum73 · Δ7d -0.4

Value49 · Δ7d -0.2

Sentiment48 · Δ7d -6.6

So what

Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Lead driver: Value · See fundamentals

Momentum

26% active weight

Current posture

7d trendFlat

Δ7d

-0.4

Δ21d

+9.1

Value

39% active weight

Current posture

7d trendFlat

Δ7d

-0.2

Δ21d

-0.3

Sentiment

34% active weight

Current posture

7d trendSoftening

Δ7d

-6.6

Δ21d

-5.4

Why this grade

Composite grade B. Momentum 72.5 / Value 49.1 / Sentiment 47.9

Fundamentals (TTM)

As of 2026-07-20

Market Cap

$3.55B

Beta

0.78

Shares Out

21.25M

P/E (TTM)

13.3

P/S (TTM)

4.83

P/FCF (TTM)

13.56

Rev YoY

+40.1%

EPS YoY

-61.1%

Gross Margin

Op Margin

+47.3%

Net Debt

$32.03M

Current Ratio

0.13

As of 2026-07-20 • Updated nightlySource: Internal modelMethodology