Nicolet BanksharesNIC.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Richly Valued” zone.
As of Oct 16, 2026, Nicolet Bankshares (NIC.N) trades at a P/E of 22.30x, P/B of 1.52x, P/S of 6.61x, and a dividend yield of 0.64%.
Longitudinal percentile comparison: P/E sits at the 89th percentile over the trailing 10Y window (vs. 84th percentile over 3Y); P/B sits at the 73rd percentile over the trailing 10Y window (vs. 60th percentile over 3Y); P/S sits at the 86th percentile over the trailing 10Y window (vs. 80th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 64th percentile within its industry and the 57th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 3.24%, ranking at the 52nd percentile over the trailing 20Y window.
The P/E and P/B percentiles diverge here, differing by 16.1 points — relying on either metric alone could be misleading. Its P/E percentile is roughly the same whether measured against the industry or the broader market. Breaking down the total shareholder yield: 0.64% comes from cash dividends, with an implied ~2.60% from buybacks — a fairly balanced mix of both channels. Nicolet Bankshares operates in the Finance, Insurance, And Real Estate sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: NIC · NIC
Want the full picture on whether Nicolet Bankshares (NIC.N) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 22.30 | ||||||
| P/B (MRQ) | 1.52 | ||||||
| P/S (TTM) | 6.61 | ||||||
| Dividend Yield | 0.64% | ||||||
| Buyback + Div Yield | 3.24% |