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
DateValue
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