NIC

Nicolet BanksharesD

NYSE / Banks

At close

2026-06-03

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

Defensive

Lead driver

Sentiment

What changed

Sentiment remains the lead driver in the composite, 7D delta +5.9.

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

Data freshness

Prices

As of 2026-06-03

Fundamentals

As of 2026-06-02 • Vendor: Data Vendor v1

Scores

As of 2026-06-03 • Model: HYBRID_IC_RP

AI Memo

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

Investment thesis

As of 2026-06-03

Supporting evidence

What

Grade D · Defensive

Confidence Medium · Net Neutral

Target $175.00

Why

Momentum26 · Δ7d -4.1

Value49 · Δ7d +4.2

Sentiment64 · Δ7d +5.9

So what

Weak posture (Net Neutral). Prioritize risk control and patience.

Lead driver: Sentiment · See AI snapshot

Momentum

34% active weight

Current posture

7d trendSoftening

Δ7d

-4.1

Δ21d

-2.2

Value

32% active weight

Current posture

7d trendImproving

Δ7d

+4.2

Δ21d

+4.2

Sentiment

33% active weight

Current posture

7d trendImproving

Δ7d

+5.9

Δ21d

+11.3

Why this grade

Composite grade D. Momentum 26.5 / Value 48.8 / Sentiment 64.0

Fundamentals (TTM)

As of 2026-06-02

Market Cap

$2.92B

Beta

0.78

Shares Out

14.8M

P/E (TTM)

13.3

P/S (TTM)

4.83

P/FCF (TTM)

13.56

Rev YoY

+6.8%

EPS YoY

+29.8%

Gross Margin

Op Margin

+47.3%

Net Debt

$39.46M

Current Ratio

As of 2026-06-03 • Updated nightlySource: Internal modelMethodology