Nicolet Bankshares (NIC) Operating Expenses (2012 - 2026)
Nicolet Bankshares (NIC) posted Operating Expenses of $109.8 million for Q1 2026, up 107.01% on a QoQ basis from $53.0 million in Q4 2025, and up 129.76% year-over-year from $47.8 million in Q1 2025.
Nicolet Bankshares (NIC) Operating Expenses (2012 - 2026) Analysis & Trends
Nicolet Bankshares' Operating Expenses history runs 15 years deep, the most recent figure standing at $109.8 million for Q1 2026.
- Quarterly Operating Expenses rose 129.76% year-over-year to $109.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $262.8 million (up 36.9% YoY) and the FY2025 annual result came in at $200.8 million, up 4.95% from the prior year.
- Operating Expenses was $109.8 million for Q1 2026 at Nicolet Bankshares, 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.
- A 5-year average of $49.9 million and a median of $47.1 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses fell 4.16% — and 2026, when it surged 129.76%.
- Nicolet Bankshares' Operating Expenses stood at $44.0 million in 2022, then advanced by 14.34% to $50.3 million in 2023, then decreased by 4.16% to $48.2 million in 2024, then increased by 10.03% to $53.0 million in 2025, then jumped by 107.01% to $109.8 million in 2026.
- Business Quant data shows NIC's Operating Expenses at $109.8 million in Q1 2026, $53.0 million in Q4 2025, and $50.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | -20.00 Mn |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | -1.06 Bn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -287,925.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -3.86 Bn |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 11.90 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -2.75 Bn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 3.77 Bn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 4.27 Bn |
| 10 | Nicolet Bankshares | 3.11 Bn | 2.50 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 |