Q3 Net Income Jumps to $64M as Core EPS Hits $3.15, Margin Expands Again
NIC sits 44% above its 52-week low of $114.115.
Summary
Nicolet earned $64M, or $2.96 diluted EPS, in Q3 2026 versus $57M and $2.62 in Q2; core EPS rose to $3.15 from $2.99 as merger costs fell to $0.19 per share from $0.37. Net interest margin expanded to 4.19% from 4.14% even as average earning assets shrank $226M, mostly from the July 28 Denver branch sale. Core deposits grew $223M while brokered deposits fell $150M, and core return on tangible common equity came in at 22%. Asset quality held: nonperforming assets were 0.52% of total assets and charge-offs were negligible. Management flagged a cleaner Q4 with fewer non-core items, and the board declared a $0.36 quarterly dividend payable December 15. Q4 and full-year 2026 results are due January 19, 2027.
At the time of this announcement, NIC was trading at $164.61 on NYSE in the Finance sector, with a market capitalization of approximately $3.4B. The 52-week trading range was $114.12 to $180.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.