Nicolet Bankshares (NIC) Operating Expenses (2012 - 2026)
Nicolet Bankshares posted quarterly Operating Expenses of $109.8 million for Q1 2026, up 129.76% year-on-year from $47.8 million in Q1 2025, and up 107.01% on a QoQ basis from $53.0 million in Q4 2025.
Nicolet Bankshares (NIC) has 15 years of Operating Expenses data on file, last reported at $109.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 129.76% year-over-year to $109.8 million; the trailing twelve-month figure through Mar 2026 stood at $262.8 million (up 36.9% YoY), and the FY2025 full-year result was $200.8 million, up 4.95% from the prior year.
- Operating Expenses for Q1 2026 stood at $109.8 million, up from $53.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $109.8 million in Q1 2026 and bottomed at $36.5 million in Q2 2022.
- The 5-year median for Operating Expenses is $47.1 million (2024), against an average of $49.9 million.
- The widest annual swing landed in 2024, when Operating Expenses slipped 4.16%; it then surged 129.76% in 2026.
- A 5-year view of Operating Expenses shows it stood at $44.0 million in 2022, then gained by 14.34% to $50.3 million in 2023, then retreated by 4.16% to $48.2 million in 2024, then grew by 10.03% to $53.0 million in 2025, then soared by 107.01% to $109.8 million in 2026.
- The last three Operating Expenses figures came in at $109.8 million (Q1 2026), $53.0 million (Q4 2025), and $50.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 11.90 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 2.55 Bn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -20.00 Mn |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 3.77 Bn |
| 10 | Nicolet Bankshares | 2.58 Bn | 1.97 Bn | - | 109.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 109.80 Mn |
| Dec 31, 2025 | 53.04 Mn |
| Sep 30, 2025 | 50.09 Mn |
| Jun 30, 2025 | 49.92 Mn |
| Mar 31, 2025 | 47.79 Mn |
| Dec 31, 2024 | 48.21 Mn |
| Sep 30, 2024 | 49.15 Mn |
| Jun 30, 2024 | 46.85 Mn |
| Mar 31, 2024 | 47.15 Mn |
| Dec 31, 2023 | 50.30 Mn |
| Sep 30, 2023 | 45.74 Mn |
| Jun 30, 2023 | 44.96 Mn |
| Mar 31, 2023 | 44.88 Mn |
| Dec 31, 2022 | 43.99 Mn |
| Sep 30, 2022 | 42.57 Mn |
| Jun 30, 2022 | 36.54 Mn |
| Mar 31, 2022 | 37.55 Mn |
| Dec 31, 2021 | 39.41 Mn |
| Jun 30, 2021 | 30.75 Mn |
| Mar 31, 2021 | 26.08 Mn |
| Dec 31, 2020 | 25.37 Mn |
| Sep 30, 2020 | 23.69 Mn |
| Jun 30, 2020 | 27.81 Mn |
| Mar 31, 2020 | 23.85 Mn |
| Dec 31, 2019 | 25.43 Mn |
| Sep 30, 2019 | 22.89 Mn |
| Jun 30, 2019 | 25.73 Mn |
| Mar 31, 2019 | 22.76 Mn |
| Dec 31, 2018 | 21.62 Mn |
| Sep 30, 2018 | 23.04 Mn |
| Jun 30, 2018 | 22.45 Mn |
| Mar 31, 2018 | 22.64 Mn |
| Dec 31, 2017 | 21.86 Mn |
| Sep 30, 2017 | 20.86 Mn |
| Jun 30, 2017 | 20.31 Mn |
| Mar 31, 2017 | 18.32 Mn |
| Dec 31, 2016 | 18.39 Mn |
| Sep 30, 2016 | 19.02 Mn |
| Jun 30, 2016 | 17.52 Mn |
| Mar 31, 2016 | 10.02 Mn |
| Dec 31, 2015 | 10.27 Mn |
| Sep 30, 2015 | 9.85 Mn |
| Jun 30, 2015 | 9.72 Mn |
| Mar 31, 2015 | 9.80 Mn |
| Dec 31, 2014 | 10.11 Mn |
| Sep 30, 2014 | 9.52 Mn |
| Jun 30, 2014 | 9.48 Mn |
| Mar 31, 2014 | 9.59 Mn |
| Dec 31, 2013 | 10.28 Mn |
| Sep 30, 2013 | 10.22 Mn |
| Jun 30, 2013 | 9.59 Mn |
| Mar 31, 2013 | 6.34 Mn |
| Dec 31, 2012 | 6.34 Mn |
| Sep 30, 2012 | 5.93 Mn |
| Jun 30, 2012 | 6.01 Mn |
| Mar 31, 2012 | 5.79 Mn |