Nicolet Bankshares (NIC) Tax Rate (2012 - 2026)
Nicolet Bankshares (NIC) reported Tax Rate of 20.05% for Q1 2026, up 125.0% on a YoY basis from 8.91% in Q1 2025, and up 1.96% quarter-over-quarter from 19.67% in Q4 2025.
Nicolet Bankshares (NIC) Tax Rate (2012 - 2026) Analysis & Trends
Nicolet Bankshares has reported Tax Rate for 15 years, with the latest figure at 20.05% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 125.0% year-over-year to 20.05%; the trailing twelve-month figure through Mar 2026 stood at 19.62% (down 31.0% YoY), and the FY2025 full-year result was 19.4%, down 63.0% from the prior year.
- Tax Rate for Q1 2026 stood at 20.05%, up from 19.67% in the prior quarter.
- The five-year high for Tax Rate was 46.09% in Q3 2023, with the low at 18.06% in Q4 2023.
- Historically, Tax Rate has averaged 23.51% across 5 years, with a median of 20.34% in 2024.
- Annual changes were most pronounced in 2023 — Tax Rate surged 2066 bps — and 2024, when it tumbled 2570 bps.
- Nicolet Bankshares' Tax Rate stood at 25.6% in 2022, then declined by 29 bps to 18.06% in 2023, then advanced by 12 bps to 20.19% in 2024, then dropped by 3 bps to 19.67% in 2025, then grew by 2 bps to 20.05% in 2026.
- The last three Tax Rate figures came in at 20.05% (Q1 2026), 19.67% (Q4 2025), and 19.5% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Nicolet Bankshares | 2.72 Bn | 2.10 Bn | - | 20.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.05% |
| Mar 31, 2026 | 20.05% |
| Dec 31, 2025 | 19.67% |
| Dec 31, 2025 | 19.67% |
| Sep 30, 2025 | 19.50% |
| Sep 30, 2025 | 19.50% |
| Jun 30, 2025 | 19.52% |
| Jun 30, 2025 | 19.52% |
| Mar 31, 2025 | 18.81% |
| Mar 31, 2025 | 18.81% |
| Dec 31, 2024 | 20.19% |
| Dec 31, 2024 | 20.19% |
| Sep 30, 2024 | 20.39% |
| Sep 30, 2024 | 20.39% |
| Jun 30, 2024 | 20.34% |
| Jun 30, 2024 | 20.34% |
| Mar 31, 2024 | 19.06% |
| Mar 31, 2024 | 19.06% |
| Dec 31, 2023 | 18.06% |
| Dec 31, 2023 | 18.06% |