
NIC Stock Forecast & Price Target
NIC Analyst Ratings
Bulls say
Nicolet Bankshares is performing well as evidenced by its top quartile profitability and projected high-quality, C&I-oriented organic balance sheet growth. The recent acquisition of MOFG is expected to provide further cost savings and a more efficient operating model, leading to potential future earnings growth. Additionally, the company's strong asset metrics and diverse loan portfolio indicate its ability to work with top commercial clients in the Upper Midwest.
Bears say
Nicolet Bankshares is expected to see only modest loan growth over the next few quarters, as management looks to run-off lower yielding, transactional credits inherited from their acquisition of MOFG. Additionally, the recent addition of MOFG has led to an increase in non-performing assets, and negative credit migration at legacy Nicolet was negligible this past quarter. Despite a strong focus on organic growth and maintaining a solid CET1 ratio, increased expenses and potential future buybacks may limit overall earnings growth and shareholder returns.
This aggregate rating is based on analysts' research of Nicolet Bankshares Inc and is not a guaranteed prediction by Public.com or investment advice.
NIC Analyst Forecast & Price Prediction
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