Nicolet Bankshares Adjusts Valuation Grade Amid Strong Financial Performance Indicators

Nicolet Bankshares, Inc., a small-cap player in the major banks industry, has recently undergone an adjustment in its evaluation. The revision in its score reflects a shift in the valuation grade from attractive to fair. This change is influenced by several key financial metrics that highlight the company's current standing.
The stock's price-to-earnings (P/E) ratio stands at 14, while the price-to-book value is recorded at 1.50. Additionally, the enterprise value to EBITDA ratio is noted at 8.32, and the PEG ratio is 0.49, indicating a relatively favorable valuation compared to its peers. The company has demonstrated strong profitability, with a net interest margin of 16.36% and a return on capital employed (ROCE) of 19.42%.

Nicolet Bankshares has reported positive financial performance over the last six consecutive quarters, with operating cash flow reaching USD 148.86 million and net interest income at USD 75.11 million. The stock has generated a return of 35.11% over the past year, with profits rising by 31.2%. Institutional holdings are also notable, with a stake of 52.63%, reflecting confidence from larger investors.

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