Who is the parent company of Nicolet National Bank?

Nicolet Bankshares is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.

Who is the owner of Nicolet Bank?

Mike Daniels Mike is currently Chairman, President & CEO and a Director of Nicolet Bankshares, Inc., and Nicolet National Bank, which he co-founded in 2000 with Bob Atwell. Starting from zero, Nicolet is now an $8.5 billion in assets, and is publicly traded on NYSE under the symbol NIC.

What is the mission of Nicolet Bank?

Nicolet Bank was founded on the belief that our job is to create shared success between the 3 Circles of Customers, Shareholders and Employees . We know that each circle can be divergent and have their own interests. Our job is to create balance and grow the space of shared success where the 3 Circles overlap.

How many locations does Nicolet bank have?

Founded in 2000, Nicolet National Bank operates 57 branches in Northeast and Central Wisconsin, the Upper Peninsula and Northern Michigan, Eastern Minnesota, and a single branch in Naples, Florida.

How many employees does Nicolet bank have?

With close to 950 employees and 57 banking locations Nicolet is the second largest bank headquartered in Wisconsin and has offices in Michigan and Minnesota.

Who is the parent company of National Commercial bank?

The NCB Financial Group Limited (JSE: NCBFG) is a financial services conglomerate operating in the Caribbean region and headquartered in Kingston, Jamaica. NCB Financial Group Limited is the parent company of the National Commercial Bank of Jamaica, the largest and most profitable financial institution in Jamaica.

Who is the ownership of MYbank?

A subsidiary of Alibaba Group's Ant Financial Services , MYbank was established in 2015 with a focus on serving SMEs and farmers.

SunTrust Banks Inc. will buy National Commerce Financial Corp. for nearly $7 billion in cash and stock, a deal that will create the seventh-largest U.S. bank.

Who bought Stillwater National Bank?

Simmons First National Corp. announced after Wednesday's closing bell it had entered into an agreement to acquire Stillwater, Okla. -based Southwest Bancorp Inc. in a cash-and-stock deal valued at more than $564 million, the two publicly-traded banks announced.

Analyzing Nicolet Bankshares (NYSE:NIC) and Farmers & Merchants Bancorp (OTCMKTS:FMCB) (2024)

Posted by MarketBeat News on Aug 3rd, 2024

Nicolet Bankshares (NYSE:NIC – Get Free Report) and Farmers & Merchants Bancorp (OTCMKTS:FMCB – Get Free Report) are both small-cap finance companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, risk, profitability, earnings, institutional ownership, valuation and dividends.

Earnings and Valuation

This table compares Nicolet Bankshares and Farmers & Merchants Bancorp’s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Nicolet Bankshares	$418.83 million	3.34	$61.52 million	$6.49	14.42
Farmers & Merchants Bancorp	$268.67 million	2.57	$88.31 million	$116.37	8.03

Farmers & Merchants Bancorp has lower revenue, but higher earnings than Nicolet Bankshares. Farmers & Merchants Bancorp is trading at a lower price-to-earnings ratio than Nicolet Bankshares, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

Want More Great Investing Ideas?

This is a breakdown of recent ratings and target prices for Nicolet Bankshares and Farmers & Merchants Bancorp, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nicolet Bankshares	0	3	1	0	2.25
Farmers & Merchants Bancorp	0	0	0	0	N/A

Dividends

Nicolet Bankshares pays an annual dividend of $1.12 per share and has a dividend yield of 1.2%. Farmers & Merchants Bancorp pays an annual dividend of $17.60 per share and has a dividend yield of 1.9%. Nicolet Bankshares pays out 17.3% of its earnings in the form of a dividend. Farmers & Merchants Bancorp pays out 15.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Farmers & Merchants Bancorp is clearly the better dividend stock, given its higher yield and lower payout ratio.

Insider & Institutional Ownership

43.1% of Nicolet Bankshares shares are owned by institutional investors. Comparatively, 5.6% of Farmers & Merchants Bancorp shares are owned by institutional investors. 16.4% of Nicolet Bankshares shares are owned by company insiders. Comparatively, 7.8% of Farmers & Merchants Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares Nicolet Bankshares and Farmers & Merchants Bancorp’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nicolet Bankshares	21.13%	10.37%	1.26%
Farmers & Merchants Bancorp	30.81%	16.03%	1.61%

About Nicolet Bankshares

(Get Free Report)

Nicolet Bankshares, Inc. operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin and Michigan. The company accepts checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts. It also offers commercial loans, including commercial, industrial, and business loans and lines of credit; commercial real estate loans; agricultural (AG) production and AG real estate loans; commercial real estate investment real estate loans; construction and land development loans; residential real estate loans, such as residential first lien and junior lien mortgages, home equity loans, lines of credit, and residential construction loans; and consumer loans. In addition, the company provides cash management, international banking, personal brokerage, safe deposit boxes, and trust and fiduciary services, as well as wealth management and retirement plan services. Further, it offers mortgage refinancing; online services, such as commercial, retail, and trust online banking; automated bill payment, mobile banking deposits and account access, and remote deposit capture services; and other services consisting of wire transfers, debit cards, credit cards, pre-paid gift cards, direct deposits, and official bank checks, as well as facilitates crop insurance products. The company was formerly known as Green Bay Financial Corporation and changed its name to Nicolet Bankshares, Inc. in March 2002. The company was incorporated in 2000 and is headquartered in Green Bay, Wisconsin.

About Farmers & Merchants Bancorp

(Get Free Report)

Farmers & Merchants Bancorp operates as the bank holding company for Farmers & Merchants Bank of Central California that provides various banking services to businesses and individuals. The company accepts various deposit products, including checking, savings, money market, time certificates of deposit, and individual retirement accounts. It also offers range of lending products comprising commercial and residential real estate, real estate construction, agribusiness, and consumer loans, as well as equipment leases and credit card services; commercial products, including term loans, lines of credit and other working capital financing, and letters of credit; and financing products, such as automobile financing, home improvement, and home equity lines of credit. In addition, the company provides various specialized services consisting of credit card programs for merchants, lockbox and other collection services, account reconciliation, investment sweep, online account access, and electronic funds transfers through domestic and international wire and automated clearinghouse; online banking services; and investment products, such as mutual funds and annuities. The company was founded in 1916 and is headquartered in Lodi, California.

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