As of 21 November 2025, the valuation grade for Nicolet Bankshares, Inc. moved from fair to attractive, indicating a more favorable assessment of its value. The company appears to be undervalued, supported by a P/E ratio of 14, a Price to Book Value of 1.50, and a PEG ratio of 0.49, all of which suggest that the stock is trading at a discount compared to its earnings growth potential. In comparison to its peers, Nicolet Bankshares has a lower P/E ratio than Inter & Co., Inc. at 18.88 and Park National Corp. at 17.93, reinforcing its relative attractiveness in the market. Despite recent underperformance in the short term, with a 1W return of -2.44% compared to the S&P 500's -1.95%, the company has shown a solid YTD return of 15.97%, outpacing the S&P 500's 12.26%. This performance, along with its favorable valuation metrics, supports the conclusion that Nicolet Bankshares, Inc. is currently undervalued....

Nicolet Bankshares, Inc. has recently adjusted its valuation, with its current price at $125.00. The company has achieved a 19.06% return over the past year, outperforming the S&P 500. Key metrics include a P/E ratio of 14, a price-to-book value of 1.50, and a strong dividend yield.

Nicolet Bankshares, Inc. has recently adjusted its valuation, showcasing a P/E ratio of 14 and a price-to-book value of 1.50. The company has outperformed the S&P 500 year-to-date and over the past year, while experiencing declines in shorter time frames. Its valuation metrics indicate a competitive position within the major banks sector.