Nicolet Bankshares Inc (NIC) Operating Expenses (2012 - 2026)
Nicolet Bankshares (NIC) posted Operating Expenses of $103.76 million for Q2 2026, up 107.9% from $49.92 million a year earlier but down 5.5% from the prior quarter.
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Nicolet Bankshares Inc (NIC) Operating Expenses (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Nicolet Bankshares was $316.69 million, up 62.4% year-over-year; for FY2025, it came in at $200.83 million, up 5.0% from FY2024.
- Annual Operating Expenses has increased for 13 consecutive years, with a five-year compound annual growth rate of 14.8% (FY2020 to FY2025).
- In prior years, Nicolet Bankshares' Operating Expenses was $191.35 million in FY2024 (+3.0%), $185.87 million in FY2023 (+15.7%), $160.64 million in FY2022 (+24.2%) and $129.3 million in FY2021 (+28.4%).
- Quarterly Operating Expenses has run from a low of $36.54 million in Q2 2022 to a high of $109.8 million in Q1 2026 over five years.
- On a year-over-year basis, Operating Expenses has increased in each of the last six quarters, with growth averaging 32.6% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q1 2026, with growth of 129.8%; the weakest was Q4 2024, with a decline of 4.2%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $109.8 million (Q1 2026), $53.04 million (Q4 2025) and $50.09 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 103.76 Mn |
| 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 |
| Sep 30, 2021 | 33.06 Mn |
API Access
Nicolet Bankshares Inc Operating Expenses 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=operating-expenses&ticker=NIC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=NIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();