Nicolet Bankshares Return on Equity (ROE) Growth & History (NIC)
Nicolet Bankshares's return on equity was 12.40% for fiscal 2025.
View full Nicolet Bankshares company overviewNicolet Bankshares annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 12.40% | +1.18 pp |
| 2024 | 2024-12-31 | 11.22% | +5.10 pp |
| 2023 | 2023-12-31 | 6.12% | −4.00 pp |
| 2022 | 2022-12-31 | 10.11% | +1.64 pp |
| 2021 | 2021-12-31 | 8.48% | −2.92 pp |
| 2020 | 2020-12-31 | 11.39% | −0.71 pp |
| 2019 | 2019-12-31 | 12.10% | +1.17 pp |
| 2018 | 2018-12-31 | 10.93% | +0.57 pp |
| 2017 | 2017-12-31 | 10.36% | +0.78 pp |
| 2016 | 2016-12-31 | 9.58% | −0.79 pp |
| 2015 | 2015-12-31 | 10.37% | +1.15 pp |
| 2014 | 2014-12-31 | 9.22% | −8.50 pp |
| 2013 | 2013-12-31 | 17.72% | — |
Nicolet Bankshares quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.51% | −0.52 pp |
| Q1 2026 | 2026-03-31 | 0.86% | −1.90 pp |
| Q4 2025 | 2025-12-31 | 3.26% | +0.29 pp |
| Q3 2025 | 2025-09-30 | 3.47% | +0.57 pp |
| Q2 2025 | 2025-06-30 | 3.04% | +0.32 pp |
| Q1 2025 | 2025-03-31 | 2.77% | +0.12 pp |
| Q4 2024 | 2024-12-31 | 2.97% | −0.08 pp |
| Q3 2024 | 2024-09-30 | 2.90% | +1.14 pp |
| Q2 2024 | 2024-06-30 | 2.72% | +0.39 pp |
| Q1 2024 | 2024-03-31 | 2.64% | +3.56 pp |
| Q4 2023 | 2023-12-31 | 3.05% | +0.16 pp |
| Q3 2023 | 2023-09-30 | 1.76% | −0.32 pp |
| Q2 2023 | 2023-06-30 | 2.33% | −0.53 pp |
| Q1 2023 | 2023-03-31 | −0.92% | −3.72 pp |
| Q4 2022 | 2022-12-31 | 2.89% | +0.88 pp |
| Q3 2022 | 2022-09-30 | 2.08% | +0.87 pp |
| Q2 2022 | 2022-06-30 | 2.86% | −0.43 pp |
| Q1 2022 | 2022-03-31 | 2.80% | −0.55 pp |
| Q4 2021 | 2021-12-31 | 2.01% | −1.33 pp |
| Q3 2021 | 2021-09-30 | 1.21% | −2.17 pp |
| Q2 2021 | 2021-06-30 | 3.30% | +0.71 pp |
| Q1 2021 | 2021-03-31 | 3.35% | +1.29 pp |
| Q4 2020 | 2020-12-31 | 3.34% | +0.74 pp |
| Q3 2020 | 2020-09-30 | 3.38% | +0.16 pp |
| Q2 2020 | 2020-06-30 | 2.58% | −1.99 pp |
| Q1 2020 | 2020-03-31 | 2.06% | −0.56 pp |
| Q4 2019 | 2019-12-31 | 2.60% | −0.24 pp |
| Q3 2019 | 2019-09-30 | 3.22% | +0.32 pp |
| Q2 2019 | 2019-06-30 | 4.58% | +1.93 pp |
| Q1 2019 | 2019-03-31 | 2.61% | −0.02 pp |
| Q4 2018 | 2018-12-31 | 2.84% | +0.33 pp |
| Q3 2018 | 2018-09-30 | 2.90% | +0.24 pp |
| Q2 2018 | 2018-06-30 | 2.65% | +0.04 pp |
| Q1 2018 | 2018-03-31 | 2.63% | +0.42 pp |
| Q4 2017 | 2017-12-31 | 2.51% | +0.31 pp |
| Q3 2017 | 2017-09-30 | 2.67% | +0.36 pp |
| Q2 2017 | 2017-06-30 | 2.61% | +0.98 pp |
| Q1 2017 | 2017-03-31 | 2.21% | −0.16 pp |
| Q4 2016 | 2016-12-31 | 2.20% | −0.43 pp |
| Q3 2016 | 2016-09-30 | 2.31% | −0.06 pp |
| Q2 2016 | 2016-06-30 | 1.63% | −0.95 pp |
| Q1 2016 | 2016-03-31 | 2.37% | −0.37 pp |
| Q4 2015 | 2015-12-31 | 2.63% | +0.44 pp |
| Q3 2015 | 2015-09-30 | 2.37% | −0.17 pp |
| Q2 2015 | 2015-06-30 | 2.58% | +0.21 pp |
| Q1 2015 | 2015-03-31 | 2.74% | +0.65 pp |
| Q4 2014 | 2014-12-31 | 2.19% | +1.25 pp |
| Q3 2014 | 2014-09-30 | 2.54% | −0.34 pp |
| Q2 2014 | 2014-06-30 | 2.37% | −10.38 pp |
| Q1 2014 | 2014-03-31 | 2.09% | +1.12 pp |
| Q4 2013 | 2013-12-31 | 0.94% | — |
| Q3 2013 | 2013-09-30 | 2.88% | — |
| Q2 2013 | 2013-06-30 | 12.76% | — |
| Q1 2013 | 2013-03-31 | 0.97% | — |
Nicolet Bankshares return on equity trends
Over the last five fiscal years, Nicolet Bankshares's return on equity increased from 11.39% to 12.40%, a change of +1.01 percentage points. The latest reported quarter, Q2 2026, shows 2.51%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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