Nicolet Bankshares Inc (NIC) Interest Expense - Deposits (2017 - 2026)
Nicolet Bankshares (NIC) reported Interest Expense - Deposits of $57.32 million for Q2 2026, up 41.6% from $40.47 million a year earlier and up 22.9% from the prior quarter.
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Analysis
Nicolet Bankshares Inc (NIC) Interest Expense - Deposits (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Nicolet Bankshares' Interest Expense - Deposits came in at $180.91 million, up 12.3% year-over-year; for FY2025, it was $156.87 million, down 2.9% from FY2024.
- Interest Expense - Deposits has a five-year compound annual growth rate of 56.6% (FY2020 to FY2025).
- By year, Interest Expense - Deposits came in at $161.57 million in FY2024 (+28.4%), $125.82 million in FY2023 (+478.4%), $21.75 million in FY2022 (+108.2%) and $10.45 million in FY2021 (-37.2%).
- The Q2 2026 figure ranks as the highest quarterly Interest Expense - Deposits in data going back to Q1 2017.
- Year over year, Interest Expense - Deposits gained in five of the last eight quarters, with growth averaging 9.5%.
- The high point for year-over-year Interest Expense - Deposits in five years was Q3 2023 (growth of 653.9%); the low point was Q1 2022 (a decline of 25.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $46.66 million (Q1 2026), $37.62 million (Q4 2025) and $39.31 million (Q3 2025).
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.32 Mn |
| Mar 31, 2026 | 46.66 Mn |
| Dec 31, 2025 | 37.62 Mn |
| Sep 30, 2025 | 39.31 Mn |
| Jun 30, 2025 | 40.47 Mn |
| Mar 31, 2025 | 39.47 Mn |
| Dec 31, 2024 | 39.14 Mn |
| Sep 30, 2024 | 42.06 Mn |
| Jun 30, 2024 | 41.39 Mn |
| Mar 31, 2024 | 38.99 Mn |
| Dec 31, 2023 | 36.58 Mn |
| Sep 30, 2023 | 34.96 Mn |
| Jun 30, 2023 | 29.34 Mn |
| Mar 31, 2023 | 24.94 Mn |
| Dec 31, 2022 | 12.51 Mn |
| Sep 30, 2022 | 4.64 Mn |
| Jun 30, 2022 | 2.41 Mn |
| Mar 31, 2022 | 2.19 Mn |
| Dec 31, 2021 | 2.65 Mn |
| Sep 30, 2021 | 2.44 Mn |
API Access
Nicolet Bankshares Inc Interest Expense - Deposits API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=NIC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "NIC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=NIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();