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NICOLET BANKSHARES INC [NIC] reports annual net loss of $61.5 million
Company Reports Revenue of $382.9 million
By USInMinutes
Published - Feb 29, 2024, 05:23 AM ET
Last Updated - Feb 29, 2024, 05:23 AM EST
NICOLET BANKSHARES INC [NIC] has reported a net loss of $61.5 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $382.9 million
Based in GREEN BAY, Wisconsin, NICOLET BANKSHARES INC operates in the FINANCE sector.
In the Consolidated Statements of Income for the fiscal year ending December 31, 2023, the following data was reported in millions:
- Interest income saw a substantial increase from $273.9 million in 2022 to $382.9 million in 2023.
- Interest expense also surged from $34.0 million in 2022 to $141.3 million in 2023.
