Nicolet Bankshares, Inc. employees and revenue per employee

NIC · Banks - Regional · $2.81B market cap

Nicolet Bankshares, Inc. had 986 employees at the end of fiscal Dec 2025, up 0.8% from a year earlier. Revenue for the year was $553M, up 6.4% from a year earlier, or $560K per employee. Revenue and headcount both grew, and revenue grew faster.

Employees

986

+0.8% YoY

Revenue

$553M

+6.4% YoY

Revenue / employee

$560K

Peer median $558K

Rank in industry

91 of 182

Banks - Regional

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016
65321576'16'17'18'19'20'21'22'23'24'25Revenue 541Staff 205

Hover a year for the numbers.

NIC employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Dec 2025986$553M$560K+0.8%+6.4%
Dec 2024978$519M$531K+0.2%+24.6%
Dec 2023976$417M$427K+3.6%+25.5%
Dec 2022942$332M$353K+10.0%+38.9%
Dec 2021856$239M$279K+54.0%+12.2%
Dec 2020556$213M$383K-3.3%+10.8%
Dec 2019575$192M$335K+4.5%+16.6%
Dec 2018550$165M$300K+2.8%+15.1%
Dec 2017535$143M$268K+11.5%+40.3%
Dec 2016480$102M$213K——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
556'20856'21942'22976'23978'24986'25
Revenue per employee, last six fiscal years
$383K'20$279K'21$353K'22$427K'23$531K'24$560K'25

Nicolet Bankshares, Inc. against similar companies

The closest industry peers by revenue, from Banks - Regional.

CompanyEmployeesRevenueRevenue / employeeShape
MCB
Metropolitan Bank Holding Corp.
326$527M$1.62MHiring ahead
TMP
Tompkins Financial Corporation
813$579M$712KLeaner
NIC
Nicolet Bankshares, Inc.
986$553M$560KEfficient growth
SYBT
Stock Yards Bancorp, Inc.
1,123$565M$503KEfficient growth
FSUN
FirstSun Capital Bancorp
1,177$570M$484KEfficient growth
STBA
S&T Bancorp, Inc.
1,209$569M$470KEfficient growth
NBHC
National Bank Holdings Corporation
1,250$584M$467KContracting
TCBK
TriCo Bancshares
1,148$533M$465KLeaner
FBNC
First Bancorp
1,332$543M$408KLeaner
Every Financial Services company

Questions about Nicolet Bankshares, Inc.

How many employees does Nicolet Bankshares, Inc. have?
Nicolet Bankshares, Inc. reported 986 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 27, 2026. That is up 0.8% from a year earlier.
What is Nicolet Bankshares, Inc.'s revenue per employee?
Nicolet Bankshares, Inc. brought in $553M of revenue in fiscal Dec 2025, which is $560K per employee. That ranks 91 of 182 companies we track in Banks - Regional, where the median is $558K.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare NIC with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in Nicolet Bankshares, Inc.'s annual reports (Form 10-K), latest filed February 27, 2026. This is data, not a recommendation to buy or sell NIC.