Nicolet Bankshares (NIC) vs WesBanco (WSBC)
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 WesBanco (WSBC) over the past year, gaining 21.8% versus a gain of 9.4%. Over five years, NIC leads with a +114.6% price change compared with -1.3% for WSBC. WesBanco is the larger company by market cap ($3.49 billion vs $3.39 billion), about 1.0 times the size.
On valuation, WesBanco trades at a lower forward P/E (9.4x vs 12.0x for Nicolet Bankshares). WesBanco offers the higher dividend yield (4.15% vs 0.82%). Nicolet Bankshares converts more of its revenue into profit, with a net margin of 38.4% versus 22.7%.
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 | NIC | WSBC |
|---|---|---|
| Share price | $161.93 | $36.40 |
| Market cap | $3.39B | $3.49B |
| 1-day change | +0.02% | -0.19% |
| YTD return | +33.46% | +9.72% |
| 1-year return | +21.81% | +9.42% |
| 5-year return | +114.62% | -1.27% |
| P/E ratio (TTM) | 18.13 | 10.49 |
| Forward P/E | 12.04 | 9.42 |
| EPS (TTM) | $8.93 | $3.47 |
| Dividend yield | 0.82% | 4.15% |
| Annual dividend | $1.32 | $1.51 |
| Revenue (latest FY) | $392.04M | $981.05M |
| Revenue growth (YoY) | +11.91% | +61.84% |
| Net income (latest FY) | $150.69M | $223.10M |
| Net margin | 38.44% | 22.74% |
| 52-week high | $180.00 | $43.02 |
| 52-week low | $114.12 | $29.57 |
| Distance from 52-week high | -10.04% | -15.39% |
| Analyst consensus | none | buy |
| Avg. price target upside | +18.45% | +21.26% |
| Average volume | 172.37K | 952.73K |
| Shares outstanding | 20.96M | 95.91M |
| Employees | 1,429 | 2,996 |
| 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 WSBC by 12.4 percentage points over the past year.
- Nicolet Bankshares trades at a higher earnings multiple (18.1x vs 10.5x trailing P/E).
- WesBanco offers a meaningfully higher dividend yield (4.15% vs 0.82%).
- Nicolet Bankshares is more profitable, keeping 38.4 cents of every revenue dollar as net income versus 22.7 cents for WesBanco.
- WesBanco grew revenue faster in its latest fiscal year (+61.84% vs +11.91%).
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
About WesBanco
WSBC stock →WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc.
Finance · Major Banks · 2,996 employees
NIC vs WSBC FAQ
Which is bigger, Nicolet Bankshares or WesBanco?
WesBanco (WSBC) is larger, with a market capitalization of $3.49B compared with $3.39B for Nicolet Bankshares (NIC).
Which stock has performed better over the past year, NIC or WSBC?
NIC returned +21.81% over the past 12 months, compared with +9.42% for WSBC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NIC or WSBC?
WSBC has the lower trailing P/E at 10.5, versus 18.1 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, Nicolet Bankshares or WesBanco?
WesBanco has the higher yield at 4.15%, compared with 0.82% for Nicolet Bankshares.
Are Nicolet Bankshares and WesBanco in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.