Nicolet Bankshares (NIC) Interest Expense - Deposits (2017 - 2026)
Nicolet Bankshares' (NIC) quarterly Interest Expense - Deposits came in at $57.3 million in Q2 2026, up 41.63% on a YoY basis from $40.5 million in Q2 2025, and up 22.86% quarter-over-quarter from $46.7 million in Q1 2026.
Analysis
Nicolet Bankshares (NIC) Interest Expense - Deposits (2017 - 2026) Analysis & Trends
Nicolet Bankshares (NIC) has reported Interest Expense - Deposits for 10 consecutive years, with $57.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expense - Deposits rose 41.63% year-over-year to $57.3 million; the trailing twelve-month figure through Jun 2026 stood at $180.9 million (up 12.27% YoY), and the FY2025 full-year result was $156.9 million, down 2.91% from the prior year.
- Interest Expense - Deposits rose to $57.3 million in Q2 2026 per NIC's latest filing, from $46.7 million in the prior quarter.
- Across five years, Interest Expense - Deposits topped out at $57.3 million in Q2 2026 and bottomed at $2.2 million in Q1 2022.
- Historically, Interest Expense - Deposits has averaged $31.7 million across 5 years, with a median of $38.3 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Interest Expense - Deposits declined 24.98% in 2022, then surged 1117.43% in 2023.
- Over 5 years, Interest Expense - Deposits stood at $12.5 million in 2022, then soared by 192.38% to $36.6 million in 2023, then grew by 6.98% to $39.1 million in 2024, then fell by 3.87% to $37.6 million in 2025, then surged by 52.36% to $57.3 million in 2026.
- According to Business Quant data, Interest Expense - Deposits over the past three periods registered $57.3 million, $46.7 million, and $37.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 1.58 Bn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 891.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 104.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 1.05 Bn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 747.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 385.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 881.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 600.00 Mn |
| 10 | Nicolet Bankshares | 3.61 Bn | 3.15 Bn | - | 57.32 Mn |
Historic Data
Download Data
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 |
| Jun 30, 2021 | 2.43 Mn |