Is Nicolet Bankshares, Inc. overvalued or undervalued?

Jun 25 2025 08:27 AM IST
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As of April 14, 2025, Nicolet Bankshares, Inc. is fairly valued with a P/E ratio of 14 and a YTD return of 15.24%, compared to the S&P 500's 2.44%, indicating competitive positioning among peers like Pathward Financial and Stellar Bancorp.
As of 14 April 2025, the valuation grade for Nicolet Bankshares, Inc. has moved from attractive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a P/E ratio of 14, a Price to Book Value of 1.50, and an EV to EBITDA of 8.32.

In comparison to peers, Pathward Financial, Inc. has a P/E ratio of 9.68, while Stellar Bancorp, Inc. stands at 11.91. These comparisons suggest that Nicolet Bankshares is positioned within a competitive range, but not significantly undervalued. Additionally, the company has shown strong performance with a YTD return of 15.24%, outpacing the S&P 500's return of 2.44%.
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