your badges 52W Range $114–$180 79% of range Analyst Rating BUY 10 analysts Price Target $192 +15% upside P/E 17.0 ROE 12.3% Net Profit Margin 38.4%

NIC Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $166.47
Market Cap (MRQ) $3.51B
P/E 17.0
EPS $9.78
Div Yield 0.76%
ROE 12.3%
Debt/Equity (MRQ) 0.0
52W Range $114–$180

NIC Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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About Nicolet Bankshares Inc. Common Stock Company overview from Wikipedia

05 · wikidata

Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.

As of June 30, 2021, it had over $6.1 billion in assets.

## History

Nicolet Bankshares was founded in November 2000, after founders Bob Atwell and Mike Daniels felt that the local bank they worked for was getting away from community banking, which they felt was important. In 2010, Nicolet acquired four branches from Anchor Bank. In 2013, they acquired both Mid-Wisconsin Bank and the Bank of Wausau.

In 2015, the company merged with Baylake Bank; the new company took the Nicolet National Bank name. On April 12, 2016, the shareholders of both banks voted in favor of merging the two banks. The $140 million deal closed on April 29, 2016.

In February 2020, Nicolet Bankshares announced plans to acquire West Bend, Wisconsin-based Commerce State Bank and its four branches in a deal valued at $129.6 million. Three months later in May 2020, Nicolet terminated its agreement to acquire Commerce State Bank citing the impact of coronavirus and falling stock price for the publicly traded Nicolet Bank.

On April 26, 2021 Robert B. Atwell left as chief executive officer at Nicolet Bank after 19 years. Mike Daniels was named President and Chief Executive Officer, and Bob Atwell was named Executive Chairman of Nicolet.

On September 3, 2021, Nicolet completed a merger with Mackinac Financial Corporation, headquartered in Manistique, Michigan, and operating as mBank with branches in Michigan's Upper Peninsula and northern Lower Peninsula. Nicolet shuttered the mBank branches in Menominee, Alanson, Kaleva, Mio, West Ishpeming, Negaunee, and the McClellan Avenue branch in Marquette. It also sold the Birmingham branch and lending office in Metro Detroit to the Bank of Ann Arbor.

On August 30, 2022 Nicolet Bankshares, Inc. completed a merger with Charter Bankshares, Inc. As a result, Charter merged with and into Nicolet, with Nicolet being the surviving corporation. Charter Bankshares was valued at 1.1 billion at the time of this acquisition.

In October 2025, Nicolet Bankshares agreed to acquire MidWestOne Financial Group in a $864 million all-stock deal.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorFinancials industryBanking employees1,429 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
EPS$9.78
2016-12-31 → 2025-12-31
Free Cash Flow$149M
2020-12-31 → 2025-12-31
Net margin38.4%
2018-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend NIC 5Y avg Peer Median Verdict
P/E 17.05Y avg ≈14.6 ≈14.6 12.9 Overvalued
P/S 6.35Y avg ≈4.6 ≈4.6 4.6 Overvalued
P/B (MRQ) 1.55Y avg ≈1.3 ≈1.3 1.1 Overvalued
Price / FCF (TTM) 20.15Y avg ≈12.9 ≈12.9 · ·
Price / Cash Flow (TTM) 19.25Y avg ≈11.4 ≈11.4 11.6 Fair value
Price / Tangible Book 2.85Y avg ≈2.0 ≈2.0 · ·
PEG Ratio ≈1.5 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Dividend Yield0.76%
Payout Ratio12.4%
Annualized Payout≈$1.44Paid quarterly
Growth Streak≈1Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Sep 1, 2026$0.36USD≈0.82%
Jun 1, 2026$0.36USD≈0.96%
Mar 2, 2026$0.32USD≈0.82%
Dec 8, 2025$0.32USD≈0.96%
Sep 2, 2025$0.32USD≈0.88%
Jun 2, 2025$0.32USD≈0.96%
Mar 10, 2025$0.28USD≈1.0%
Dec 2, 2024$0.28USD≈0.97%
Sep 3, 2024$0.28USD≈1.1%
Jun 3, 2024$0.28USD≈1.3%
Mar 7, 2024$0.25USD≈1.2%
Nov 30, 2023$0.25USD≈1.0%
Aug 31, 2023$0.25USD≈0.66%
May 31, 2023$0.25USD≈0.40%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 9.9%
Next Report Oct 20, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 21, 2026 $2.99 $2.82 5.9%
March 31, 2026 $2.75 $2.68 2.8%
Dec. 31, 2025 $2.78 $2.26 23.2%
Sept. 30, 2025 $2.73 $2.37 15.4%
June 30, 2025 $2.34 $2.18 7.5%
March 31, 2025 $2.08 $1.98 4.9%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 10
Metric Trend 2025202420232022202120202019201820172016
Interest Expense ··$141M$34M$14M$20M$23M$19M$11M$7M
Interest Income $471M$438M$383M$274M$172M$149M$139M$126M$109M$75M
Pretax Income $187M$155M$87M$126M$81M$81M$71M$55M$50M$28M
Income Tax $36M$31M$25M$31M$20M$20M$16M$13M$16M$9M
Net Income $151M$124M$62M$94M$61M$60M$55M$41M$33M$18M
EPS (Basic) $10.06$8.24$4.17$6.78$5.65$5.82$5.71$4.26$3.51$2.49
EPS (Diluted) $9.78$8.05$4.08$6.56$5.44$5.70$5.52$4.12$3.33$2.37
Shares (Basic) 14,979,67115,049,22514,742,67513,909,29910,735,60510,337,1389,561,9789,640,2589,440,0007,158,367
Shares (Diluted) 15,403,93415,415,82215,070,57914,374,93111,144,86610,541,2519,900,3199,956,3539,958,0007,513,971
EBITDA $15M$17M$18M$22M$14M$11M$7M$6M··
Balance Sheet 16
Metric Trend 2025202420232022202120202019201820172016
PP&E (Net) $120M$127M$119M$109M$95M$60M$56M$48M$47M·
PP&E (Gross) $186M$185M$169M$153M$132M$92M$87M$75M$70M·
Accum. Depreciation $65M$58M$50M$44M$37M$32M$30M$27M$23M·
Goodwill $367M$367M$367M$367M$317M$163M$151M$107M$107M·
Intangibles ·$21M$27M$35M$22M$12M$15M$17M$21M·
Total Assets $9.19B$8.80B$8.47B$8.76B$7.70B$4.55B$3.58B$3.10B$2.93B·
Short-term Debt $0$0$0$317M$0$0$0$0$0·
Total Liabilities $7.93B$7.62B$7.43B$7.79B$6.80B$4.01B$3.06B$2.71B$2.57B·
Long-term Debt $135M$161M$167M$225M$217M$54M$68M$77M$78M·
Total Debt $0$0$0$317M$0$0$0$0··
Paid-in Capital $583M$656M$634M$622M$575M$273M$313M$248M$264M·
Retained Earnings $698M$566M$458M$408M$314M$253M$199M$144M$102M·
AOCI $-24M$-49M$-53M$-57M$3M$13M$4M$-6M$-2M·
Stockholders' Equity $1.26B$1.17B$1.04B$973M$892M$539M$516M$387M$364M·
Liabilities + Equity $9.19B$8.80B$8.47B$8.76B$7.70B$4.55B$3.58B$3.10B$2.93B·
Shares Outstanding 14,811,44515,356,78514,894,20914,690,61413,994,07910,011,34210,587,7389,495,2659,818,247·
Cash Flow 19
Metric Trend 2025202420232022202120202019201820172016
D&A $15M$17M$18M$22M$14M$11M$7M$6M$7M$5M
Stock-based Comp $7M$7M$6M$7M$7M$6M$5M$5M$3M$2M
Deferred Tax $-5M$-7M$3M$-13M$6M$3M$-3M$-2M$7M$3M
Amort. of Intangibles $6M$7M$8M$7M$3M$4M$4M$4M$5M$3M
Other Non-cash $-15M$-21M$19M$7M$10M$-735.0K$-6M$291.0K··
Operating Cash Flow $154M$134M$108M$117M$98M$79M$58M$51M$41M$25M
CapEx $4M$17M$19M$12M$13M$11M$4M$4M··
Investing Cash Flow $-231M$-288M$591M$-516M$-371M$-209M$-63M$-77M$-151M$51M
Debt Issued ··$0$0$104M$368M$0$0$30M$0
Net Debt Issued $-27M$-5M$-59M$-20M$-84M$-16M$-87M$-1M··
Stock Issued $101.0K$585.0K$844.0K$751.0K$2M$2M$9M$2M$4M$2M
Stock Repurchased $77M$10M$2M$61M$63M$42M$28M$23M$15M$5M
Net Stock Activity $-76M$-10M$5M$-58M$-60M$-40M$-20M$-21M··
Dividends Paid $19M$17M$11M$0$0·····
Financing Cash Flow $201M$199M$-363M$-42M$65M$751M$-62M$121M$136M$-31M
Net Change in Cash $124M$45M$337M$-441M$-208M$621M$-67M$95M$26M$45M
Taxes Paid $39M$25M$23M·······
Free Cash Flow $149M$117M$90M$105M$85M$68M····
Levered FCF ··$-11M$80M$75M$53M····
Profitability 5
Metric Trend 2025202420232022202120202019201820172016
Net Margin 38.4%35.4%22.2%31.6%26.9%31.3%32.2%28.1%··
Pretax Margin 47.7%44.3%31.2%42.2%36.0%42.2%42.2%37.5%··
EBITDA Margin 3.8%4.8%6.6%7.4%6.2%5.6%4.3%4.3%··
ROA 1.7%1.4%0.71%1.1%0.99%1.5%1.6%1.4%··
ROE 12.3%10.7%6.1%9.9%7.5%11.4%12.1%10.9%··
Liquidity & Solvency 1
Metric Trend 2025202420232022202120202019201820172016
Debt / Equity 0.00.00.00.30.00.00.00.0··
Efficiency 1
Metric Trend 2025202420232022202120202019201820172016
Asset Turnover 0.00.00.00.00.00.00.10.0··
Per Share 5
Metric Trend 2025202420232022202120202019201820172016
Book Value / Share $84.91$76.38$69.76$66.20$63.73$53.86$48.76$40.72··
Revenue / Share $25.45$22.73$18.41$20.72$20.22$18.21$17.12$14.68··
Cash Flow / Share $9.97$8.68$7.16$8.17$8.76$7.48$5.87$5.12··
Dividend / Share $1.24$1.09$0.75·······
EPS (TTM) $9.78$8.05$4.08$6.56$5.44$5.70$5.52$4.12$3.33$2.37
Growth Rates 9
Metric Trend 2025202420232022202120202019201820172016
Revenue YoY 11.9%26.2%-6.9%32.2%17.4%·····
Revenue CAGR 3Y 9.6%15.8%13.1%·······
Revenue CAGR 5Y 15.3%·········
EPS YoY 21.5%97.3%-37.8%20.6%-4.6%·····
EPS CAGR 3Y 14.2%14.0%-10.5%·······
EPS CAGR 5Y 11.4%·········
Net Income YoY 21.5%101.7%-34.7%55.4%0.88%·····
Net Income CAGR 3Y 16.9%26.9%0.77%·······
Net Income CAGR 5Y 20.2%·········
Valuation (TTM) 13
Metric Trend 2025202420232022202120202019201820172016
Revenue TTM $392M$350M$277M$298M$225M$192M$169M$146M$133M$95M
Net Income TTM $151M$124M$62M$94M$61M$60M$55M$41M$33M$18M
Market Cap $1.80B$1.61B$1.20B$1.17B$1.20B$664M$782M$463M··
P/E 12.413.019.712.215.811.613.411.816.420.1
P/S 4.64.64.33.95.33.54.63.2··
P/B 1.41.41.21.21.31.21.51.2··
P / Tangible Book 2.02.11.92.12.21.8····
P / Cash Flow 11.712.011.110.012.38.413.49.1··
P / FCF 12.013.713.411.114.19.8····
Dividend Yield 1.0%1.0%0.93%0.00%0.00%·····
Earnings Yield 8.1%7.7%5.1%8.2%6.3%8.6%7.5%8.4%6.1%5.0%
Payout Ratio 12.4%13.3%18.1%·······
Annual Payout $19M$17M$11M$0$0·····

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Net Income $151M $124M $62M $94M $61M
Diluted EPS $9.78 $8.05 $4.08 $6.56 $5.44

Institutional owners (13F) 262 filers · $2.2B total · As of June 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 262
Value held $2.2B
New positions 46
Exited positions 27
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
46 (-27 vs prior Q) 27 (+2 vs prior Q) 80 (-22 vs prior Q) 83 (+44 vs prior Q) +2.0M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
BlackRock, Inc. $500,676,188 3,027,246 22.26% Shares
STATE STREET CORP $194,243,719 1,174,560 8.64% Shares
DIMENSIONAL FUND ADVISORS LP $136,261,650 823,902 6.06% Shares
VANGUARD CAPITAL MANAGEMENT LLC $135,297,455 818,051 6.02% Shares
VANGUARD GROUP INC $89,468,212 737,578 3.98% Shares
GEODE CAPITAL MANAGEMENT, LLC $83,495,390 504,741 3.71% Shares
WESTWOOD HOLDINGS GROUP INC $74,534,492 450,659 3.31% Shares
GOLDMAN SACHS GROUP INC $64,966,573 392,808 2.89% Shares
AMERICAN CENTURY COMPANIES INC $59,749,288 361,263 2.66% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $59,225,001 358,093 2.63% Shares
Boston Partners $51,456,980 311,319 2.29% Shares
FJ Capital Management LLC $45,853,220 277,243 2.04% Shares
ALLIANCEBERNSTEIN L.P. $45,657,104 307,207 2.03% Shares
NORTHERN TRUST CORP $39,786,551 240,562 1.77% Shares
Invesco Ltd. $35,669,000 215,666 1.59% Shares
SILVERCREST ASSET MANAGEMENT GROUP LLC $32,806,023 198,353 1.46% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $30,896,175 186,808 1.37% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $29,181,577 176,441 1.30% Shares
JENNISON ASSOCIATES LLC $28,600,064 172,925 1.27% Shares
MORGAN STANLEY $26,414,297 159,708 1.17% Shares
FIRST TRUST ADVISORS LP $23,835,345 144,116 1.06% Shares
Bank of New York Mellon Corp $23,059,804 139,427 1.03% Shares
VANGUARD FIDUCIARY TRUST CO $21,898,463 132,405 0.97% Shares
PRINCIPAL FINANCIAL GROUP INC $20,571,042 124,379 0.91% Shares
Champlain Investment Partners, LLC $17,164,670 103,783 0.76% Shares
JANUS HENDERSON GROUP PLC $15,466,047 104,081 0.69% Shares
OBERWEIS ASSET MANAGEMENT INC/ $13,760,448 83,200 0.61% Shares
Public Sector Pension Investment Board $11,106,435 67,153 0.49% Shares
MALTESE CAPITAL MANAGEMENT LLC $9,923,401 60,000 0.44% Shares
Stieven Capital Advisors, L.P. $9,256,382 55,967 0.41% Shares
HEARTLAND ADVISORS INC $9,221,816 55,758 0.41% Shares
Nuveen, LLC $8,686,448 52,521 0.39% Shares
RHUMBLINE ADVISERS $7,880,649 47,649 0.35% Shares
JPMORGAN CHASE & CO $7,802,076 46,927 0.35% Shares
Merit Financial Group, LLC $7,749,569 46,857 0.34% Shares
Legal & General Group Plc $7,613,287 46,176 0.34% Shares
Curi Capital, LLC $7,083,986 42,832 0.31% Shares
MENDON CAPITAL ADVISORS CORP $6,615,600 40,000 0.29% Shares
Swiss National Bank $6,565,983 39,700 0.29% Shares
Creative Planning $6,564,467 39,691 0.29% Shares
STATE OF WISCONSIN INVESTMENT BOARD $6,410,682 38,761 0.29% Shares
N.E.W. Advisory Services LLC $6,378,414 38,566 0.28% Shares
SEI INVESTMENTS CO $6,264,784 37,878 0.28% Shares
UBS Group AG $6,034,420 36,486 0.27% Shares
PRUDENTIAL FINANCIAL INC $6,003,988 36,302 0.27% Shares
FRANKLIN RESOURCES INC $5,917,489 35,779 0.26% Shares
ADVISORY RESEARCH INC $5,860,429 35,434 0.26% Shares
HSBC HOLDINGS PLC $5,379,852 32,830 0.24% Shares
PEREGRINE CAPITAL MANAGEMENT LLC $5,055,145 30,565 0.22% Shares
DARK FOREST CAPITAL MANAGEMENT LP $5,008,009 30,280 0.22% Shares

Show all 262 institutional owners →

Company insiders 43 insiders · 10 officers · 33 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Michael E Daniels Chairman, President & CEO May 5, 2026 G 61,452 0 0 $0
Robert J Cera Co-Chairman, Co-CEO & Co-Pres. May 24, 2016 D 47,218 0 0 $0
Hubert Phillip Moore JR CFO June 8, 2026 F 37,921 2 0 $30,811
Eric James Witczak EVP - Retail & Ag Banking July 28, 2026 S 33,288 0 2 $-262,796
William M Bohn EVP Wealth Mgmt - Nicolet Bank April 15, 2026 F 16,585 0 0 $0
Brad Vincent Hutjens EVP - CCO - Nicolet Natl Bank Feb. 13, 2026 F 35,530 0 0 $0
Patrick Joseph Madson SVP-Wealth Mgmt-NicoletNatBank Dec. 14, 2023 S 5,032 0 0 $0
Eric Peter Radzak Corp Dev Off Nicolet Nat Bank May 6, 2022 P 2,775 0 0 $0
Marc Thomas Lambrecht Controller May 13, 2021 A · 0 0 $0
Michael Joseph Steppe CIO - Nicolet National Bank Nov. 15, 2019 M 27,400 0 0 $0
Robert Bruce Atwell Director July 24, 2026 M 34,483 0 8 $-2,445,212
Janet E Godwin Director May 19, 2026 A 3,793 0 0 $0
Matthew J Hayek Director May 19, 2026 A 4,492 0 0 $0
Oliver Pierce Smith Director May 19, 2026 A 446,116 0 0 $0
John Nicholas Dykema Director May 19, 2026 A 10,223 0 0 $0
Tracy S Mccormick Director May 19, 2026 A 30,226 0 0 $0
Susan L Merkatoris Director May 19, 2026 A 78,946 0 0 $0
Robert J Weyers Director May 19, 2026 A 10,260 3 0 $347,200
Glen E Tellock Director May 19, 2026 A 2,357 0 0 $0
Carl J Chaney Director May 19, 2026 A 498 0 0 $0
Brenda L Johnson Director Jan. 20, 2026 A 897 0 0 $0
Hector Colon Director Jan. 20, 2026 A 1,060 0 0 $0
Marcia M Anderson Director Jan. 20, 2026 A 412 0 0 $0
Dustin James Mcclone Director Jan. 20, 2026 A 1,862 0 0 $0
Christopher J. Ghidorzi Director Jan. 20, 2026 A 3,376 1 0 $12,760
Andrew F Hetzel JR Director Jan. 20, 2026 A 1,971 0 0 $0
Lynn Dale Davis Director May 20, 2025 A 12,304 0 0 $0
Ann Kuchera Lawson Director May 17, 2022 A 27,479 0 0 $0
Paul Davison Tobias Director May 17, 2022 A 23,930 0 0 $0
Terrence R Fulwiler Director April 19, 2022 A 1,721 0 0 $0
Rachel Francis Campos-Duffy Director May 18, 2021 A 2,024 0 0 $0
Randy James Rose Director April 21, 2020 A 4,708 0 0 $0
Thomas L Herlache Director May 1, 2019 S 2,458 0 0 $0
Michael J Gilson Director July 17, 2018 A 25,009 0 0 $0
Robert W Agnew Director July 17, 2018 A 40,907 0 0 $0
Louis James Jeanquart Director April 17, 2018 A 658 0 0 $0
William D Murphy Director July 18, 2017 A 328 0 0 $0
Elyse Mollner Stackhouse Director July 18, 2017 A 309 0 0 $0
Dean J Nolden Director April 29, 2016 A 363 0 0 $0
Gary Lewis Fairchild Director April 19, 2016 A 3,842 0 0 $0
Mary Therese Bartzen Pandl Director April 19, 2016 A 2,244 0 0 $0
Donald J Long JR · Aug. 13, 2026 G 80,963 0 0 $0
Michael Joseph Vogel · Nov. 12, 2020 A 15,344 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 61 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PSCF · Invesco Exchange-Traded Fund Trust … 0.77% 1,285 SH Oct. 1, 2026 Daily
DPST · Direxion Shares ETF Trust 0.64% 16,033 NS July 31, 2026 N-PORT
FYC · First Trust Exchange-Traded AlphaDE… 0.28% 21,224 NS July 31, 2026 N-PORT
QVMS · Invesco Exchange-Traded Fund Trust … 0.20% 2,928 SH Oct. 1, 2026 Daily
VIOO · VANGUARD ADMIRAL FUNDS 0.18% 68,375 SH Aug. 19, 2026 Daily
VIOG · VANGUARD ADMIRAL FUNDS 0.18% 12,101 SH Aug. 19, 2026 Daily
EBIT · Harbor ETF Trust 0.17% 121 NS July 31, 2026 N-PORT
VIOV · VANGUARD ADMIRAL FUNDS 0.17% 19,914 SH Aug. 19, 2026 Daily
OMFS · Invesco Exchange-Traded Self-Indexe… 0.16% 2,556 SH Oct. 1, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.15% 12,077 SH Aug. 19, 2026 Daily
BKSE · BNY Mellon ETF Trust 0.15% 743 NS July 31, 2026 N-PORT
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.14% 5,625 NS July 31, 2026 N-PORT
IWM · iShares Trust 0.11% 507,739 SH Sept. 11, 2026 Daily
RSSL · Global X Funds 0.11% 9,568 NS July 31, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.11% 90,111 NS July 31, 2026 N-PORT
PRFZ · Invesco Exchange-Traded Fund Trust 0.10% 16,804 SH Oct. 1, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.10% 115,053 SH Aug. 19, 2026 Daily
DFAS · Dimensional ETF Trust 0.09% 81,283 NS July 31, 2026 N-PORT
PICK · iShares, Inc. 0.07% 3,295,387 SH Sept. 11, 2026 Daily
IWO · iShares Trust 0.07% 57,474 SH Sept. 11, 2026 Daily
FYX · First Trust Exchange-Traded AlphaDE… 0.07% 5,274 NS July 31, 2026 N-PORT
PDN · Invesco Exchange-Traded Fund Trust … 0.06% 392,246 SH Oct. 1, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.06% 6,639 SH Aug. 19, 2026 Daily
FAD · First Trust Exchange-Traded AlphaDE… 0.06% 1,925 NS July 31, 2026 N-PORT
ISCG · iShares Trust 0.05% 2,599 SH Sept. 11, 2026 Daily
RWJ · Invesco Exchange-Traded Fund Trust … 0.04% 5,259 SH Oct. 1, 2026 Daily
WSML · iShares Trust 0.04% 121,837 SH Sept. 11, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.04% 224,388 SH Aug. 19, 2026 Daily
VFMO · VANGUARD WELLINGTON FUND 0.04% 5,279 SH Aug. 19, 2026 Daily
VSS · VANGUARD INTERNATIONAL EQUITY INDEX… 0.04% 7,997,854 SH Aug. 19, 2026 Daily
VFH · VANGUARD WORLD FUND 0.04% 32,170 SH Aug. 19, 2026 Daily
DXUV · Dimensional ETF Trust 0.04% 1,265 NS July 31, 2026 N-PORT
FNCL · FIDELITY COVINGTON TRUST 0.04% 5,238 NS July 31, 2026 N-PORT
DFSV · Dimensional ETF Trust 0.04% 17,695 NS July 31, 2026 N-PORT
SCZ · iShares Trust 0.03% 7,620,337 SH Sept. 11, 2026 Daily
DFAC · Dimensional ETF Trust 0.02% 51,624 NS July 31, 2026 N-PORT
DFUV · Dimensional ETF Trust 0.02% 13,952 NS July 31, 2026 N-PORT
IPAC · iShares Trust 0.01% 677,152 SH Sept. 11, 2026 Daily
DCOR · Dimensional ETF Trust 0.01% 2,703 NS July 31, 2026 N-PORT
TILT · FlexShares Trust 0.01% 1,371 NS July 31, 2026 N-PORT
VPL · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 2,203,364 SH Aug. 19, 2026 Daily
DFSU · Dimensional ETF Trust 0.01% 1,119 NS July 31, 2026 N-PORT
DFAU · Dimensional ETF Trust 0.01% 4,869 NS July 31, 2026 N-PORT
ITOT · iShares Trust 0.00% 27,256 SH Sept. 10, 2026 Daily
DFUS · Dimensional ETF Trust 0.00% 5,852 NS July 31, 2026 N-PORT
IXUS · iShares Trust 0.00% 4,874,480 SH Sept. 11, 2026 Daily
IDEV · iShares Trust 0.00% 2,561,162 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.00% 5,211 SH Sept. 8, 2026 Daily
IEFA · iShares Trust 0.00% 14,585,326 SH Sept. 11, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 575,327 SH Aug. 19, 2026 Daily
VXUS · VANGUARD STAR FUNDS 0.00% 30,862,844 SH Aug. 19, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 1,736,795 SH Aug. 19, 2026 Daily
VEA · VANGUARD TAX-MANAGED FUNDS 0.00% 20,984,519 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 1,589 SH Aug. 19, 2026 Daily
VSGX · VANGUARD WORLD FUND 0.00% 409,428 SH Aug. 19, 2026 Daily
IJR · iShares Trust · 1,172,969 SH Sept. 8, 2026 Daily
IJT · iShares Trust · 94,109 SH Sept. 9, 2026 Daily
IJS · iShares Trust · 80,234 SH Aug. 31, 2026 Daily
IWN · iShares Trust · 126,992 SH Sept. 11, 2026 Daily
ISCB · iShares Trust · 913 SH Sept. 11, 2026 Daily
ISCV · iShares Trust · 2,667 SH Sept. 11, 2026 Daily

NIC Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 10 analysts BUY
Median target $194.00 +16.5%
1 10.0% Strong Buy
6 60.0% Buy
3 30.0% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

5 analysts · 2026-09-20

Mean target $191.80 +15.2%

← Below all targets Current price $166.47
Low$185.00 Mean$191.80 High$200.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
NIC $1.80B 12.4 11.9% 38.4% 12.3% ·
CVBF $2.52B 12.2 2.7% 40.6% 9.2% ·
MCHB · 11.5 3.3% 534.4% 9.4% ·
INDB $3.60B 16.5 24.3% 23.9% 6.2% ·
RNST · 17.0 37.7% · · ·
BANF · · · · · ·
MCHB · 11.5 3.3% 534.4% 9.4% ·
FIBK $3.50B 11.8 5.9% 28.5% 8.8% ·
FFBC · 9.4 7.6% 28.4% 9.6% ·
TOWN · · · · · ·
SFNC $2.73B -6.4 -86.7% -385.1% -11.4% ·

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Jul 31, 2026