Trade Nicolet Bankshares Inc - NCBS CFD

Nicolet Bankshares Inc Company profile

About Nicolet Bankshares Inc

Nicolet Bankshares Inc. (Nicolet), is a bank holding company. The Company conducts operations through its subsidiary, Nicolet National Bank (the Bank), which is a commercial bank. The Bank is a service community bank, which offers traditional banking products and services, and wealth management products and services to businesses and individuals. Nicolet offers commercial, retail and wealth management services through 36 branch locations in Wisconsin and Menominee, Michigan. The Company's principal business is banking, consisting of lending and deposit gathering, as well as ancillary banking-related products and services, to businesses and individuals. Nicolet offers a range of banking solutions, including personal banking, wealth management and business solutions.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Nicolet Bankshares Inc interest income increased 15% to $171.6M. Net interest income after loan loss provision increased 22% to $158M. Net income increased 1% to $60.7M. Net interest income after loan loss provision reflects Net Interest Spread - Total - % increase of 3% to 3.23%. Net income was partially offset by Personnel increase of 24% to $70.6M (expense).