NIC Stock Forecast & Price Target
NIC Analyst Ratings
Bulls say
Nicolet Bankshares Inc has demonstrated strong financial performance, with a more than 9% quarter-over-quarter increase in Pre-Provision Net Revenue (PPNR) to $46.5 million, surpassing expectations due to improved Net Interest Income (NII) and increased fee income. The company's robust results translated to a Return on Assets (ROA) of 1.62% and a Return on Tangible Common Equity (ROTCE) exceeding 18% for the quarter, reflecting strong operational efficiency. Furthermore, positive trends in core margin are anticipated to continue, driven by asset repricing, asset remixing, and steady loan growth, bolstering a favorable outlook for future performance.
Bears say
Nicolet Bankshares Inc. reported a decline of 2% in ending total deposits, which points to potential liquidity challenges despite a significant increase in demand and savings deposits. Additionally, the drop in money market and now accounts by 8% and 20% in time deposits indicates a weakening customer deposit base, raising concerns about funding stability. Lastly, the identified risks, including potential increases in credit costs, reduced loan demand, and margin pressure, further exacerbate the bank's outlook, suggesting significant operational challenges ahead.
This aggregate rating is based on analysts' research of Nicolet Bankshares Inc and is not a guaranteed prediction by Public.com or investment advice.
NIC Analyst Forecast & Price Prediction
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