Regional bank stocks slip after mixed Q4 results; Nicolet (NIC) beats revenue estimates

Regional bank stocks declined after a mixed fourth-quarter earnings season, with the 97 tracked banks reporting revenue broadly in line with analyst estimates and average share prices down 1.9% since results. Nicolet Bankshares (NIC) posted revenue of $104.4 million, up 12.4% year over year and 3.2% above consensus, helped by better-than-expected net interest income. Its shares fell 6.9% after the report to $144.17. UMB Financial (UMBF) delivered one of the strongest results, with revenue rising 29.3% to $744.8 million, 5.4% above estimates, and shares up 3.9% to $130.29. BankUnited (BKU) missed revenue expectations by 5.1%, reporting $273.8 million, up 6.1%, while its shares were little changed at $46.37. Stellar Bancorp (STEL) beat estimates with revenue of $111.2 million, up 6%, but shares fell 1.2% to $37.14. Lakeland Financial (LKFN) reported revenue of $70.81 million, up 9.1%, though net interest income missed estimates.