Nicolet Bankshares, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024
July 16, 2024 at 04:05 pm
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Nicolet Bankshares, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported net interest income was USD 65.34 million compared to USD 59.04 million a year ago. Net income was USD 29.27 million compared to USD 22.6 million a year ago. Basic earnings per share from continuing operations was USD 1.96 compared to USD 1.54 a year ago. Diluted earnings per share from continuing operations was USD 1.92 compared to USD 1.51 a year ago.
For the six months, net interest income was USD 128.15 million compared to USD 115.76 million a year ago. Net income was USD 57.06 million compared to USD 13.7 million a year ago. Basic earnings per share from continuing operations was USD 3.82 compared to USD 0.93 a year ago. Diluted earnings per share from continuing operations was USD 3.74 compared to USD 0.91 a year ago.
Nicolet Bankshares, Inc. is the bank holding company of Nicolet National Bank (the Bank), a full-service, community bank providing services ranging from commercial, agricultural and consumer banking to wealth management and retirement plan services. The Bank operates branches in Wisconsin, Michigan and Minnesota. The Company offers a variety of loans, deposits and related services to business customers, including business checking and other business deposit products and cash management services, international banking services, as well as retirement plan services. It offers a variety of banking products and services to consumers, including residential mortgage loans and mortgage refinancing, home equity loans and lines of credit, residential construction loans, safe deposit boxes, and personal brokerage, trust and fiduciary services. The Company delivers its products and services through approximately 56 bank branch locations, online banking, mobile banking and an interactive Website.