Nicolet Bankshares Posts Q3 Net Income of $63.7 Million, Tops Analyst Estimates

Nicolet Bankshares Inc. (NIC) on Tuesday reported third-quarter net income of $63.7 million, with adjusted earnings of $3.15 per share that beat Wall Street expectations. The Green Bay, Wisconsin-based bank holding company said earnings totaled $2.96 per share on a reported basis. The average estimate of three analysts surveyed by Zacks Investment Research was for $3.06 per share. Revenue for the period was $232.6 million, or $175.9 million net of interest expense.