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Nicolet Bankshares, Inc. Announces 2024 Results

Nicolet Bankshares Inc. (NIC) 
Company Research Source: Business Wire
Net income $34 million for fourth quarter 2024, compared to net income of $33 million in prior quarter, and net income of $31 million for fourth quarter 2023Net income of $124 million or adjusted net income (non-GAAP) of $121 million for 2024, compared to net income of $62 million or adjusted net income (non-GAAP) of $101 million for 2023Net interest margin of 3.47% for full year 2024 improved 29 bps over 2023Tangible common equity to tangible assets increased to 9.33% at year end 2024 due to strong core earningsSolid year-over-year asset growth of $328 million (4%) to $8.8 billion GREEN BAY, Wis.--(BUSINESS WIRE)--Nicolet Bankshares, Inc. (NYSE: NIC) (“Nicolet”) announced fourth quarter 2024 net income of $34 million and earnings per diluted common share of $2.19, compared to net income of $33 million and earnings per diluted common share of $2.10 for third quarter 2024, and net income of $31 million and earnings per diluted common share of $2.02 for fourth quarter 2023. Net incom Show less Read more
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