Nicolet Bankshares (NASDAQ:NCBS) Posts Earnings Results, Beats Estimates By $0.11 EPS

Nicolet Bankshares (NASDAQ:NCBS) posted its quarterly earnings data on Monday. The bank reported $1.75 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.64 by $0.11, MarketWatch Earnings reports. Nicolet Bankshares had a return on equity of 10.36% and a net margin of 26.37%.

Shares of NCBS traded up $1.34 during mid-day trading on Wednesday, hitting $77.98. 52,259 shares of the stock were exchanged, compared to its average volume of 34,290. The company has a market cap of $779.02 million, a PE ratio of 14.98 and a beta of 0.77. Nicolet Bankshares has a 52-week low of $45.33 and a 52-week high of $86.25. The firm has a 50-day moving average of $82.73 and a two-hundred day moving average of $71.62. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.01 and a current ratio of 1.02.

In other Nicolet Bankshares news, CFO Ann Kuchera Lawson sold 2,193 shares of the company’s stock in a transaction on Tuesday, February 23rd. The stock was sold at an average price of $76.14, for a total value of $166,975.02. Also, SVP Patrick Joseph Madson sold 1,000 shares of the company’s stock in a transaction on Tuesday, February 23rd. The shares were sold at an average price of $75.40, for a total value of $75,400.00. 14.20% of the stock is owned by corporate insiders.

Separately, Zacks Investment Research cut Nicolet Bankshares from a “buy” rating to a “hold” rating in a report on Friday, April 2nd.

About Nicolet Bankshares

Nicolet Bankshares, Inc operates as the holding company for Nicolet National Bank that provides commercial and retail banking services for businesses and individuals. The company accepts checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts.

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Earnings History for Nicolet Bankshares (NASDAQ:NCBS)

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