Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Nicolet Bankshares's share price for the quarter that ended in Mar. 2026 was $148.62. Nicolet Bankshares's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 21.3 Mil. Therefore, Nicolet Bankshares's market cap for the quarter that ended in Mar. 2026 was $3,168.1 Mil.
Nicolet Bankshares's quarterly market cap
declined
from Sep. 2025 ($1,990.5 Mil) to Dec. 2025 ($1,796.6 Mil) but then
increased
from Dec. 2025 ($1,796.6 Mil) to Mar. 2026 ($3,168.1 Mil).
Nicolet Bankshares's annual market cap
increased
from Dec. 2023 ($1,198.7 Mil) to Dec. 2024 ($1,611.1 Mil) and
increased
from Dec. 2024 ($1,611.1 Mil) to Dec. 2025 ($1,796.6 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Nicolet Bankshares's Enterprise Value for Today is $3,013.1 Mil.
Nicolet Bankshares (NYSE:NIC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Nicolet Bankshares Market Cap Related Terms
Nicolet Bankshares Market Cap Historical Data
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The historical data trend for Nicolet Bankshares's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, Nicolet Bankshares's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nicolet Bankshares Market Cap vs Banks Industry
For the Banks industry and Financial Services sector, Nicolet Bankshares's Market Cap distribution charts can be found below:
* The bar in red indicates where Nicolet Bankshares's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Nicolet Bankshares's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nicolet Bankshares (NIC) has a Market Cap of $3,448.5 Mil as of Jun. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Nicolet Bankshares and its competitors. According to the industry distribution chart, Nicolet Bankshares ranks #381 out of 1544 companies in the Banks industry, placing it in the top 24.7%.
Is Nicolet Bankshares' Market Cap too high?
Nicolet Bankshares' current Market Cap is $3,448.5 Mil. The Banks industry median Market Cap is 705.40. Nicolet Bankshares' value of $3,448.5 Mil is 388.9% above this industry median. Based on the distribution chart, Nicolet Bankshares ranks #381 out of 1544 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Nicolet Bankshares has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nicolet Bankshares' Market Cap compare to BANC and SBCF?
According to the Banks industry distribution chart, Nicolet Bankshares ranks #381 out of 1544 companies for Market Cap. This places Nicolet Bankshares in the top 25% of its industry — outperforming the majority of peers. The industry median Market Cap is 705.40. Nicolet Bankshares' value of $3,448.5 Mil is 388.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Banks company?
The median Market Cap among Banks companies is 705.40, based on 1,544 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nicolet Bankshares's current Market Cap of $3,448.5 Mil is 388.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Nicolet Bankshares and its competitors. For the Banks industry, the median Market Cap is 705.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nicolet Bankshares's current Market Cap is $3,448.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nicolet Bankshares stock overvalued right now?
Based on GuruFocus' analysis, Nicolet Bankshares (NIC) is currently considered Modestly Overvalued. The stock's GF Value™ is $135.23, compared to a current price of $162.27 — trading 20% above its estimated fair value. The current Market Cap is $3,448.5 Mil and 388.9% above the Banks industry median of 705.40. Nicolet Bankshares' overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Nicolet Bankshares (NIC), the current Market Cap is $3,448.5 Mil as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nicolet Bankshares (NIC) Overvalued in 2026?
Based on GuruFocus' analysis, Nicolet Bankshares stock appears to be overvalued.
The current stock price of $162.27 is trading 20% above its estimated GF Value™ of $135.23.
GuruFocus considers Nicolet Bankshares to be Modestly Overvalued.
Key valuation signals for NIC:
Market Cap: $3,448.5 Mil
GF Value™: $135.23 vs. price of $162.27 (20% above fair value)
Industry Position: 388.9% above the Banks median (#381 of 1544)
No single metric tells the full story. See the NIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nicolet Bankshares Inc is a United States-based bank holding company's principal business is banking, consisting of lending and deposit gathering, as well as ancillary banking-related products and services, to businesses and individuals of the communities it serves, and the operational support to deliver, fund and manage. It offers a variety of loans, deposits, and related services to business customers especially small and medium-sized businesses and professional concerns, business deposit products, cash management services, international banking services, business loans, lines of credit, commercial real estate financing, construction loans, agricultural real estate or production loans, and letters of credit, as well as retirement plan services.
67GF Score
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