Nicolet(NIC) - 2024 Q1 - Quarterly Results

• Well positioned to be opportunistic ◦ Net income of $28 million or adjusted net income (non-GAAP) of $26 million for first quarter 2024, compared to net income of $31 million or adjusted net income (non-GAAP) of $28 million in prior quarter, and net loss of $9 million or adjusted net income (non-GAAP) of $22 million for first quarter 2023 ◦ Tangible common equity ratio increased to 8.33% for first quarter 2024 ◦ Credit quality remains strong with nonperforming assets stable at 0.33% of total assets and ne ...