Nicolet Bankshares (NIC) Return on Equity [ROE] (2012 - 2026)
Nicolet Bankshares (NIC) reported Return on Equity [ROE] of 7.82% for Q3 2026, down 4.23 percentage points from 12.04% a year earlier but up 1.01 percentage points from the prior quarter.
Powered by 
Analysis
Nicolet Bankshares (NIC) Return on Equity [ROE] (2012 - 2026) Analysis & Trends
For FY2025, Nicolet Bankshares posted Return on Equity [ROE] of 12.40%, up 1.18 percentage points from FY2024.
- Return on Equity [ROE] has a five-year change of +0.95 percentage points (FY2020 to FY2025).
- By year, Return on Equity [ROE] came in at 11.22% in FY2024 (+5.10 pp), 6.12% in FY2023 (-4.00 pp), 10.11% in FY2022 (+1.64 pp) and 8.48% in FY2021 (-2.97 pp).
- Five-year quarterly Return on Equity [ROE] spans a low of 5.99% in Q3 2023 and a high of 12.19% in Q4 2025.
- Year over year, Return on Equity [ROE] has now declined in each of the last three quarters, with an average year-over-year change of -0.19 percentage points over the last eight quarters.
- The high point for year-over-year Return on Equity [ROE] in five years was Q3 2024 (a gain of 4.74 percentage points); the low point was Q1 2022 (a drop of 4.79 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 6.81% (Q2 2026), 7.59% (Q1 2026) and 12.19% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 17.67% |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 0.00% |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | 14.29% |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 17.55% |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 15.91% |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 17.90% |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 12.93% |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 11.72% |
| 10 | Nicolet Bankshares | 3.66 Bn | 1.41 Bn | - | 7.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.82% |
| Jun 30, 2026 | 6.81% |
| Mar 31, 2026 | 7.59% |
| Dec 31, 2025 | 12.19% |
| Sep 30, 2025 | 12.04% |
| Jun 30, 2025 | 11.43% |
| Mar 31, 2025 | 10.94% |
| Dec 31, 2024 | 10.68% |
| Sep 30, 2024 | 10.73% |
| Jun 30, 2024 | 9.73% |
| Mar 31, 2024 | 9.34% |
| Dec 31, 2023 | 6.11% |
| Sep 30, 2023 | 5.99% |
| Jun 30, 2023 | 6.17% |
| Mar 31, 2023 | 6.33% |
| Dec 31, 2022 | 9.87% |
| Sep 30, 2022 | 9.33% |
| Jun 30, 2022 | 8.63% |
| Mar 31, 2022 | 7.70% |
| Dec 31, 2021 | 7.48% |
API Access
Nicolet Bankshares Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=NIC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=NIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();