Nicolet Bankshares (NIC) Operating Expenses (2012 - 2026)

Nicolet Bankshares has reported Operating Expenses for 15 years, with the latest figure 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.
• The five-year high for Operating Expenses was $109.8 million in Q1 2026, with the low at $36.5 million in Q2 2022.
• Historically, Operating Expenses has averaged $49.9 million across 5 years, with a median of $47.1 million in 2024.
• Annual changes were most pronounced in 2024 — Operating Expenses slipped 4.16% — and 2026, when it surged 129.76%.
• Nicolet Bankshares' Operating Expenses stood at $44.0 million in 2022, then rose by 14.34% to $50.3 million in 2023, then fell by 4.16% to $48.2 million in 2024, then climbed by 10.03% to $53.0 million in 2025, then surged 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.