Nicolet Bankshares, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021
January 19, 2022 at 02:32 am IST
Share
Nicolet Bankshares, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported net interest income was USD 53.56 million compared to USD 34.02 million a year ago. Net income was USD 16.31 million compared to USD 17.99 million a year ago. Basic earnings per share from continuing operations was USD 1.29 compared to USD 1.79 a year ago. Diluted earnings per share from continuing operations was USD 1.25 compared to USD 1.74 a year ago.
For the full year, net interest income was USD 157.96 million compared to USD 129.34 million a year ago. Net income was USD 60.65 million compared to USD 60.12 million a year ago. Basic earnings per share from continuing operations was USD 5.65 compared to USD 5.82 a year ago. Diluted earnings per share from continuing operations was USD 5.44 compared to USD 5.7 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.