
NIC Stock Forecast & Price Target
NIC Analyst Ratings
Bulls say
Nicolet Bankshares Inc. demonstrated a robust performance with a quarter-over-quarter increase of over 9% in PPNR, reaching $46.5 million, driven by stronger net interest income (NII) and improved fee income despite rising expenses. This impressive financial performance resulted in a return on assets (ROA) of 1.62% and a return on tangible common equity (ROTCE) exceeding 18% for the quarter, reflecting the company's operational efficiency and profitability. The positive outlook is further supported by expectations for continued growth in core margins through effective asset repricing, asset remixing, and steady loan growth in the upcoming quarters.
Bears say
The financial analysis of Nicolet Bankshares highlights several critical concerns contributing to a negative outlook. Firstly, there is a notable decline in total deposits by 2% on a last quarter annualized basis, despite an increase in demand and savings deposits; this indicates potential liquidity issues as key deposit categories, including money market accounts and time deposits, saw significant declines of 8% and 20%, respectively. Furthermore, the overarching risks of heightened credit costs, diminished loan demand, and ongoing margin pressure pose substantial threats to the company's earnings stability, reinforcing a cautious view on its financial health.
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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