
NIC Stock Forecast & Price Target
NIC Analyst Ratings
Bulls say
Nicolet Bankshares Inc. has demonstrated impressive financial performance, with a notable increase in Pre-Provision Net Revenue (PPNR) of over 9% quarter-over-quarter, reaching $46.5 million, which exceeded expectations. The company achieved a return on assets (ROA) of 1.62% and a return on tangible common equity (ROTCE) exceeding 18% for the quarter, reflecting strong operational efficiency that has positively influenced investor sentiment. Anticipated trends of higher core margins due to asset repricing, along with steady loan growth and asset remixing, further support a positive outlook for the organization in upcoming quarters.
Bears say
Nicolet Bankshares Inc. faces a concerning trend as total deposits decreased by 2% on a last-quarter annualized (LQA) basis, despite increases in demand deposits and savings, indicating potential challenges in securing stable funding. Additionally, the notable declines of 8% in money market accounts and 20% in time deposits raise alarms about the bank's deposit retention strategy and overall liquidity. Furthermore, significant risks such as potential increases in credit costs, reduced loan demand, and margin pressure could further undermine the bank's earnings outlook, contributing to a negative view on the stock.
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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