Nicolet Bankshares NIC
NYSE NIC
$170.46 -1.70 (-0.99%)
As of: Sep 9, 2026 · 3:59 PM EDT

Nicolet Bankshares (NIC) Non Operating Interest Expenses (2012 - 2024)

Nicolet Bankshares' (NIC) quarterly Non Operating Interest Expenses came in at $41.2 million in Q1 2024, up 34.48% on a YoY basis from $30.7 million in Q2 2023, and up 4.99% quarter-over-quarter from $39.3 million in Q4 2023.

Analysis

Nicolet Bankshares (NIC) Non Operating Interest Expenses (2012 - 2024) Analysis & Trends

Nicolet Bankshares (NIC) has reported Non Operating Interest Expenses for 13 consecutive years, with $41.2 million the latest figure, recorded in Q1 2024.

  • For the quarter ending Q1 2024, Non Operating Interest Expenses rose 34.48% year-over-year to $41.2 million; the trailing twelve-month figure through Mar 2024 stood at $151.9 million (up 151.14% YoY), and the FY2025 full-year result was $7.6 million, down 12.24% from the prior year.
  • Non Operating Interest Expenses climbed to $41.2 million in Q1 2024 per NIC's latest filing, from $39.3 million in the prior quarter.
  • Across five years, Non Operating Interest Expenses topped out at $41.2 million in Q1 2024 and bottomed at $2.7 million in Q2 2021.
  • Historically, Non Operating Interest Expenses has averaged $15.4 million across 5 years, with a median of $5.6 million in 2020.
  • The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses sank 49.29% in 2021, then surged 643.51% in 2023.
  • Over 5 years, Non Operating Interest Expenses stood at $4.0 million in 2020, then grew by 1.42% to $4.1 million in 2021, then soared by 333.37% to $17.7 million in 2022, then jumped by 122.28% to $39.3 million in 2023, then climbed by 4.99% to $41.2 million in 2024.
  • According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $41.2 million, $39.3 million, and $38.4 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Interest Expenses (Qtr)
1 Banco Santander Chile 950.85 Bn 950.85 Bn - -467.75 Bn
2 Truist Financial 61.46 Bn 61.46 Bn - 224.00 Mn
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

Historic Data

Download Data
DateValue
Mar 31, 2024 41.22 Mn
Dec 31, 2023 39.26 Mn
Sep 30, 2023 38.41 Mn
Jun 30, 2023 33.02 Mn
Mar 31, 2023 30.66 Mn
Dec 31, 2022 17.66 Mn
Sep 30, 2022 7.73 Mn
Jun 30, 2022 4.44 Mn
Mar 31, 2022 4.12 Mn
Dec 31, 2021 4.08 Mn
Jun 30, 2021 2.74 Mn
Mar 31, 2021 3.24 Mn
Dec 31, 2020 4.02 Mn
Sep 30, 2020 4.71 Mn
Jun 30, 2020 5.40 Mn
Mar 31, 2020 5.74 Mn
Dec 31, 2019 5.72 Mn
Sep 30, 2019 5.48 Mn
Jun 30, 2019 5.63 Mn
Mar 31, 2019 5.68 Mn