Nicolet Bankshares, Inc. is the bank holding company of Nicolet National Bank, a growing, full-service, community bank providing services ranging from commercial and consumer banking to wealth management and retirement plan services. Founded in Green Bay in 2000, Nicolet National Bank operates branches in Northeast and Central Wisconsin and the upper peninsula of Michigan.
Company profile
Ticker
NIC
Exchange
Website
CEO
Robert Bruc Atwell
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Nicolet Advisory Services, LLC • Nicolet Insurance Services, LLC • Nicolet Investments, Inc. • Nicolet Joint Ventures, LLC • Nicolet Financial Group, LLC • NNB Properties, LLC • 1st Source Solar 8, LLC ...
SEC advisor number
801-108012
FINRA CRD number
283940
AUM ?
$1.46 bn
(as of 31 Mar 22)
Accounts
7,956
(as of 31 Mar 22)
Employees
47
(25 investment advisory or research)
Address
Nicolet Bankshares
111 N WASHINGTON ST
GREEN BAY
WI 54301
111 N WASHINGTON ST
GREEN BAY
WI 54301
Office hours
Monday - Friday, 8:00 AM - 5:00 PM
Phone
920 430 1400
NIC stock data
Ownership
| Owner | Title | From | %Ownership |
|---|---|---|---|
| Nicolet Bankshares, Inc. | Sole Member | 03/2016 | > 75% |
| Lawson, Ann, Kuchera | Chief Financial Officer | 06/2016 | < 5% |
| Madson, Patrick, Joseph | President | 03/2016 | < 5% |
| Bobinski, Jill, Elizabeth | Chief Operations Officer | 01/2020 | < 5% |
| Longlais, Adam, E | Chief Investment Officer | 01/2020 | < 5% |
| Hufford, Joshua, M | Chief Compliance Officer | 01/2022 | < 5% |
Latest filings (excl ownership)
DEF 14A
Definitive proxy
7 Mar 23
ARS
2022 FY
Annual report to shareholders
7 Mar 23
10-K
2022 FY
Annual report
24 Feb 23
8-K
Nicolet Bankshares, Inc. Announces 2022 Earnings
17 Jan 23
10-Q
2022 Q3
Quarterly report
1 Nov 22
8-K
Nicolet Bankshares, Inc. Announces Third Quarter 2022 Earnings
25 Oct 22
D
$98.15M in equity, sold $98.15M, 3 investors
7 Sep 22
8-K
Departure of Directors or Certain Officers
30 Aug 22
10-Q
2022 Q2
Quarterly report
8 Aug 22
8-K
Nicolet Bankshares, Inc. Announces Second Quarter 2022 Earnings
19 Jul 22
Latest ownership filings
13F-HR
Quarterly holdings report by institutional manager
9 Feb 23
SC 13G/A
BlackRock Inc.
1 Feb 23
4
SUSAN L MERKATORIS
26 Jan 23
4
ROBERT J WEYERS
19 Jan 23
4
Dustin James McClone
19 Jan 23
4
DONALD J LONG JR
19 Jan 23
4
BRENDA L JOHNSON
19 Jan 23
4
ANDREW F HETZEL JR
19 Jan 23
4
Christopher J. Ghidorzi
19 Jan 23
4
John Nicholas Dykema
19 Jan 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 154.72 mm | 154.72 mm | 154.72 mm | 154.72 mm | 154.72 mm | 154.72 mm |
| Cash burn (monthly) | 94.52 mm | 36.71 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 291.45 mm | 113.21 mm | n/a | n/a | n/a | n/a |
| Cash remaining | -136.73 mm | 41.51 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -1.4 | 1.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
38.4% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 126 |
| Opened positions | 18 |
| Closed positions | 11 |
| Increased positions | 38 |
| Reduced positions | 38 |
| 13F shares | Current |
|---|---|
| Total value | 334.99 bn |
| Total shares | 5.64 mm |
| Total puts | 1.10 k |
| Total calls | 1.50 k |
| Total put/call ratio | 0.7 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 935.48 k | $74.64 bn |
| NIC Nicolet Bankshares | 934.01 k | $74.53 mm |
| Vanguard | 696.87 k | $55.60 bn |
| Dimensional Fund Advisors | 436.15 k | $34.80 mm |
| Manufacturers Life Insurance Company, The | 427.65 k | $34.12 bn |
| STT State Street | 292.06 k | $23.30 bn |
| FMR | 279.48 k | $22.30 bn |
| Geode Capital Management | 237.26 k | $18.90 bn |
| NTRS Northern Trust | 129.72 k | $10.35 bn |
| Charles Schwab Investment Management | 97.08 k | $7.75 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 24 Jan 23 | Susan L Merkatoris | Common Stock | Gift | Dispose G | No | No | 0 | 225 | 0.00 | 101,475 |
| 17 Jan 23 | Marcia M Anderson | Common Stock | Grant | Acquire A | Yes | No | 80.3 | 53 | 4.26 k | 87 |
| 17 Jan 23 | Hector Colon | Common Stock | Grant | Acquire A | Yes | No | 80.3 | 44 | 3.53 k | 318 |
| 17 Jan 23 | Dykema John Nicholas | Common Stock | Grant | Acquire A | Yes | No | 80.3 | 59 | 4.74 k | 8,223 |
| 17 Jan 23 | Ghidorzi Christopher J. | Common Stock | Grant | Acquire A | Yes | No | 80.3 | 22 | 1.77 k | 2,782 |