Nicolet Bankshares (NIC) Surpasses Q3 Earnings and Revenue Estimates

Group 1 - Nicolet Bankshares reported quarterly earnings of $2.04 per share, exceeding the Zacks Consensus Estimate of $1.91 per share, and up from $1.54 per share a year ago, representing an earnings surprise of 6.81% [1] - The company posted revenues of $91.24 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 5.48%, compared to $78.52 million in the same quarter last year [2] - Over the last four quarters, Nicolet Bankshares has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2 - The stock has gained approximately 21.2% since the beginning of the year, while the S&P 500 has increased by 22.9% [3] - The current consensus EPS estimate for the upcoming quarter is $1.79 on revenues of $85.2 million, and for the current fiscal year, it is $7.30 on revenues of $337.3 million [7] - The Zacks Industry Rank for Banks - Northeast is currently in the top 41% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]