NICOLET BANKSHARES INC (NIC) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 06, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 46.43% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
21M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

NIC currently has 21.3M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 46.43% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 06, 2026

10-Q filing | 21.3M shares outstanding

21M 0
Oct 31, 2025

10-Q filing | 14.8M shares outstanding

15M 0
Apr 29, 2025

10-Q filing | 15.3M shares outstanding

15M 0
Feb 25, 2025

10-K filing | 15.4M shares outstanding

15M 0
Nov 01, 2024

10-Q filing | 15.1M shares outstanding

15M 0
Aug 05, 2024

10-Q filing | 14.9M shares outstanding

15M 0
May 08, 2024

10-Q filing | 14.9M shares outstanding

15M 0
Feb 28, 2024

10-K filing | 14.7M shares outstanding

15M 0
Nov 07, 2023

10-Q filing | 14.7M shares outstanding

15M 0
Aug 04, 2023

10-Q filing | 14.7M shares outstanding

15M 0
May 02, 2023

10-Q filing | 14.7M shares outstanding

15M 0
Feb 24, 2023

10-K filing | 14.4M shares outstanding

14M 0
Nov 01, 2022

10-Q filing | 14.3M shares outstanding

14M 0
Aug 08, 2022

10-Q filing | 13.4M shares outstanding

13M 0
Apr 29, 2022

10-Q filing | 13.6M shares outstanding

14M 0
Feb 25, 2022

10-K filing | 13.6M shares outstanding

14M 0
Oct 29, 2021

10-Q filing | 10.8M shares outstanding

11M 0
Jul 30, 2021

10-Q filing | 9.9M shares outstanding

9.9M 0
Apr 30, 2021

10-Q filing | 10.0M shares outstanding

10M 0
Feb 26, 2021

10-K filing | 10.3M shares outstanding

10M 0
Oct 30, 2020

10-Q filing | 10.3M shares outstanding

10M 0
Jul 31, 2020

10-Q filing | 10.4M shares outstanding

10M 0
May 19, 2020

RW filing: The Registrant has determined not to pursue the public offering because the Merger Agreement was terminated on May 18, 2020, and confirms that no securities have been sold pursuant to the Registration Statement.

9.8M 0
Apr 30, 2020

10-Q filing | 9.8M shares outstanding

9.8M 0
Feb 28, 2020

10-K filing | 10.0M shares outstanding

10M 0
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