BancFirst (BANF) vs Nicolet Bankshares (NIC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Nicolet Bankshares (NIC) has outperformed BancFirst (BANF) over the past year, gaining 21.8% versus a loss of 15.9%. Over five years, NIC leads with a +114.6% price change compared with +66.4% for BANF. BancFirst is the larger company by market cap ($3.57 billion vs $3.40 billion), about 1.0 times the size, while Nicolet Bankshares is growing revenue faster (+11.9% vs +10.5%).
On valuation, Nicolet Bankshares trades at a lower forward P/E (12.1x vs 13.4x for BancFirst). BancFirst offers the higher dividend yield (1.85% vs 0.81%). BancFirst converts more of its revenue into profit, with a net margin of 3819.2% versus 38.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BANF | NIC |
|---|---|---|
| Share price | $106.12 | $162.19 |
| Market cap | $3.57B | $3.40B |
| 1-day change | +0.10% | +0.19% |
| YTD return | -0.01% | +33.46% |
| 1-year return | -15.93% | +21.81% |
| 5-year return | +66.45% | +114.62% |
| P/E ratio (TTM) | 14.32 | 18.16 |
| Forward P/E | 13.37 | 12.06 |
| EPS (TTM) | $7.41 | $8.93 |
| Dividend yield | 1.85% | 0.81% |
| Annual dividend | $1.96 | $1.32 |
| Revenue (latest FY) | $6.30M | $392.04M |
| Revenue growth (YoY) | +10.53% | +11.91% |
| Net income (latest FY) | $240.61M | $150.69M |
| Net margin | 3819.21% | 38.44% |
| 52-week high | $126.14 | $180.00 |
| 52-week low | $101.48 | $114.12 |
| Distance from 52-week high | -15.87% | -9.89% |
| Analyst consensus | hold | none |
| Avg. price target upside | +17.16% | +18.26% |
| Average volume | 132.65K | 172.37K |
| Shares outstanding | 33.60M | 20.96M |
| Employees | 2,260 | 1,429 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NIC has outperformed BANF by 37.7 percentage points over the past year.
- Nicolet Bankshares trades at a higher earnings multiple (18.2x vs 14.3x trailing P/E).
- BancFirst offers a meaningfully higher dividend yield (1.85% vs 0.81%).
- BancFirst is more profitable, keeping 3819.2 cents of every revenue dollar as net income versus 38.4 cents for Nicolet Bankshares.
About BancFirst
BANF stock →BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses in the United States. It operates through BancFirst Metropolitan Banks, BancFirst Community Banks, Pegasus, Worthington, and Other Financial Services segments.
Finance · Major Banks · 2,260 employees
About Nicolet Bankshares
NIC stock →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, Michigan, and Minnesota.
Finance · Major Banks · 1,429 employees
BANF vs NIC FAQ
Which is bigger, BancFirst or Nicolet Bankshares?
BancFirst (BANF) is larger, with a market capitalization of $3.57B compared with $3.40B for Nicolet Bankshares (NIC).
Which stock has performed better over the past year, BANF or NIC?
NIC returned +21.81% over the past 12 months, compared with -15.93% for BANF (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BANF or NIC?
BANF has the lower trailing P/E at 14.3, versus 18.2 for NIC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, BancFirst or Nicolet Bankshares?
BancFirst has the higher yield at 1.85%, compared with 0.81% for Nicolet Bankshares.
Are BancFirst and Nicolet Bankshares in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.