Nicolet Bankshares (NCBS) Earning Somewhat Favorable News Coverage, Accern Reports
News stories about Nicolet Bankshares (NASDAQ:NCBS) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nicolet Bankshares earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 46.5171353186968 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Separately, ValuEngine upgraded Nicolet Bankshares from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
Shares of Nicolet Bankshares (NCBS) traded up 2.457% during midday trading on Tuesday, hitting $56.085. The company’s stock had a trading volume of 10,483 shares. The company has a market cap of $553.11 million, a P/E ratio of 19.306 and a beta of 1.83. Nicolet Bankshares has a 1-year low of $36.10 and a 1-year high of $56.72. The company has a 50-day moving average price of $53.66 and a 200 day moving average price of $51.13.
Nicolet Bankshares (NASDAQ:NCBS) last posted its quarterly earnings data on Tuesday, July 18th. The bank reported $0.83 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.09. Nicolet Bankshares had a return on equity of 9.09% and a net margin of 21.55%. The firm had revenue of $32.84 million during the quarter. On average, equities research analysts predict that Nicolet Bankshares will post $3.18 EPS for the current year.
In other news, Chairman Robert Bruce Atwell sold 5,000 shares of Nicolet Bankshares stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $53.52, for a total value of $267,600.00. Following the completion of the transaction, the chairman now directly owns 47,969 shares of the company’s stock, valued at approximately $2,567,300.88. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 13.90% of the company’s stock.
About Nicolet Bankshares
Nicolet Bankshares, Inc is a bank holding company. The Company conducts operations through its subsidiary, Nicolet National Bank (the Bank), which is a commercial bank. The Company also owns investment advisory firms, Brookfield Investment Partners, LLC, which provides investment strategy and transactional services to select community banks, and Nicolet Advisory Services, LLC, which conducts brokerage and financial advisory services primarily to individual consumers.
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