Nicolet Bankshares reported fourth-quarter revenues of $104.4 million, a 12.4% year-on-year increase that exceeded analysts' expectations by 3.2%. The regional bank holding company, which operates primarily in Wisconsin, Michigan, and Minnesota, also posted a decent beat on net interest income and tangible book value per share estimates. Despite the strong quarter, the stock fell 6.5% since reporting and currently trades at $144.73. Among the 96 regional banks tracked, UMB Financial delivered the biggest analyst estimate beat with revenues of $744.8 million, up 29.3% year on year, while BankUnited was the weakest performer, missing revenue estimates by 5.1% with $273.8 million in revenues.
Nicolet Bankshares Inc.Despite beating revenue and net interest income estimates, stock fell 6.5% since reporting.
UMB Financial CorporationDelivered the biggest analyst estimate beat among regional banks tracked, with revenues up 29.3%.
BankUnited Inc
NBT Bancorp Inc
OFG Bancorp