Nicolet Bankshares's Total Assets for the quarter that ended in Mar. 2024 was $8,446.7 Mil.
Warning Sign:
If a company builds assets at 29.1% a year, faster than its revenue growth rate of 5.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Nicolet Bankshares's average Total Assets Growth Rate was 2.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 31.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 29.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 26.00% per year.
During the past 12 years, Nicolet Bankshares's highest 3-Year average Total Assets Growth Rate was 37.90%. The lowest was 10.30%. And the median was 31.10%.
The historical data trend for Nicolet Bankshares's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Nicolet Bankshares's Total Assets for the fiscal year that ended in Dec. 2023 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 (NYSE:NIC) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Nicolet Bankshares's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Nicolet Bankshares Total Assets Related Terms
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Nicolet Bankshares (Nicolet Bankshares) Business Description
Nicolet Bankshares Inc is a United States-based bank holding company engaged in banking, consisting of lending and deposit gathering, ancillary banking-related products and services, to businesses and individuals. 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.
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