Previous Close | 71.42 |
Open | 71.98 |
Bid | 28.20 x 1800 |
Ask | 90.00 x 1000 |
Day's Range | 71.15 - 72.67 |
52 Week Range | 69.46 - 98.20 |
Volume | |
Avg. Volume | 29,483 |
Market Cap | N/A |
Beta (5Y Monthly) | 0.73 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | Apr 17, 2023 - Apr 21, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 96.20 |
Nicolet Bankshares (NYSE: NIC) saw its share price plummet 11% this week, as of noon ET today from last Friday's close, according to S&P Global Market Intelligence. Overall, the major market indexes were all down this week, with the S&P 500 falling 1.7%, the Dow Jones Industrial Average dropping 3.4%, and the Nasdaq Composite sinking 0.7% as of the same time. Green Bay, Wisconsin-based Nicolet Bankshares posted year-end and fourth-quarter earnings on Jan. 17, and the results may partially be the reason for the stock's decline this week.
Nicolet Bankshares (NIC) delivered earnings and revenue surprises of -10.24% and 4.56%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Nicolet Bankshares, Inc. (NYSE: NIC) ("Nicolet" or the "Company") announced fourth quarter 2022 net income of $28 million and earnings per diluted common share of $1.83, compared to $19 million and $1.29 for third quarter 2022, and $16 million and $1.25 for fourth quarter 2021, respectively. Annualized quarterly return on average assets was 1.26%, 0.93% and 0.96%, for fourth quarter 2022, third quarter 2022 and fourth quarter 2021, respectively.