Nicolet Bankshares (NYSE:NIC) Stock Price Down 6.5% on Disappointing Earnings

Market Beat
2026.04.22 17:23
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Nicolet Bankshares (NYSE:NIC) shares fell 6.5% to $144.78 after disappointing earnings, missing EPS estimates of $2.98 with a reported $2.75. Despite revenue of $134.85 million exceeding expectations, the EPS shortfall led to negative sentiment. The company announced a quarterly dividend increase from $0.32 to $0.36, reflecting a 1.0% yield. Analysts have mixed views, with Piper Sandler maintaining an "overweight" rating and a target price of $183, while Zacks downgraded the stock from "strong-buy" to "hold."