NIC

Nicolet BanksharesB

NYSE / Banks

At close

2026-07-22

Current thesis

Q2 results materially improved, with core EPS of $2.99, NIM expansion to 4.14%, solid credit metrics, share repurchases, and management commentary supporting further margin expansion and organic growth. MidWest One conversion and cost savings could provide additional upside.

Posture

Constructive

Lead driver

Momentum

What changed

Momentum remains the lead driver in the composite, 7D delta +12.2.

What can break

Analyst revisions, consensus surprise data, and a reliable post-release market-reaction attribution are unavailable.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $178.00 · Bull $192.00 · Bear $145.00

Data freshness

Prices

As of 2026-07-22

Fundamentals

As of 2026-07-21 • Vendor: Data Vendor v1

Scores

As of 2026-07-22 • Model: HYBRID_IC_RP

AI Memo

As of 2026-07-22 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-07-22

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Neutral

Target $185.00

Why

Momentum73 · Δ7d +12.2

Value49 · Δ7d -0.5

Sentiment55 · Δ7d -2.4

So what

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

Lead driver: Momentum · See technicals

Momentum

26% active weight

Current posture

7d trendFlat

Δ7d

+12.2

Δ21d

+8.9

Value

39% active weight

Current posture

7d trendFlat

Δ7d

-0.5

Δ21d

+0.2

Sentiment

34% active weight

Current posture

7d trendSoftening

Δ7d

-2.4

Δ21d

-3.2

Why this grade

Composite grade B. Momentum 73.2 / Value 49.0 / Sentiment 54.6

Fundamentals (TTM)

As of 2026-07-21

Market Cap

$3.57B

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 2026-07-22 • Updated nightlySource: Internal modelMethodology