Nicolet Bankshares (NIC) EV to EBITDA (2013 - 2026)
Nicolet Bankshares' (NIC) quarterly EV to EBITDA came in at 22.88 in Q2 2026, up 40.63% on a YoY basis from 16.27 in Q2 2025, and down 39.36% quarter-over-quarter from 37.73 in Q1 2026.
Analysis
Nicolet Bankshares (NIC) EV to EBITDA (2013 - 2026) Analysis & Trends
Nicolet Bankshares (NIC) has reported EV to EBITDA for 14 consecutive years, with 22.88 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBITDA rose 40.63% year-over-year to 22.88; the trailing twelve-month figure through Jun 2026 stood at 7.9 (up 88.33% YoY), and the FY2025 full-year result was 3.23, down 2.11% from the prior year.
- EV to EBITDA fell to 22.88 in Q2 2026 per NIC's latest filing, from 37.73 in the prior quarter.
- Across five years, EV to EBITDA topped out at 46.25 in Q1 2023 and bottomed at 6.89 in Q3 2023.
- Historically, EV to EBITDA has averaged 17.67 across 5 years, with a median of 14.74 in 2025.
- The sharpest annual moves came in 2022 and 2024: EV to EBITDA surged 701.42% in 2022, then slumped 75.49% in 2024.
- Over 5 years, EV to EBITDA stood at 18.58 in 2022, then tumbled by 50.36% to 9.22 in 2023, then surged by 37.96% to 12.72 in 2024, then dropped by 0.26% to 12.69 in 2025, then jumped by 80.26% to 22.88 in 2026.
- According to Business Quant data, EV to EBITDA over the past three periods registered 22.88, 37.73, and 12.69 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - |
| 10 | Nicolet Bankshares | 3.61 Bn | 3.15 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.88 |
| Mar 31, 2026 | 37.73 |
| Dec 31, 2025 | 12.69 |
| Sep 30, 2025 | 16.32 |
| Jun 30, 2025 | 16.27 |
| Mar 31, 2025 | 13.20 |
| Dec 31, 2024 | 12.72 |
| Sep 30, 2024 | 11.94 |
| Jun 30, 2024 | 10.37 |
| Mar 31, 2024 | 11.34 |
| Dec 31, 2023 | 9.22 |
| Sep 30, 2023 | 6.89 |
| Jun 30, 2023 | 7.79 |
| Mar 31, 2023 | 46.25 |
| Dec 31, 2022 | 18.58 |
| Sep 30, 2022 | 18.29 |
| Jun 30, 2022 | 21.69 |
| Mar 31, 2022 | 23.97 |
| Dec 31, 2021 | 12.56 |
| Jun 30, 2021 | -3.61 |