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Side-by-side financial comparison of NICOLET BANKSHARES INC (NIC) and RESOURCES CONNECTION, INC. (RGP). Click either name above to swap in a different company.

RESOURCES CONNECTION, INC. is the larger business by last-quarter revenue ($117.7M vs $104.0M, roughly 1.1× NICOLET BANKSHARES INC). NICOLET BANKSHARES INC runs the higher net margin — 38.8% vs -10.8%, a 49.5% gap on every dollar of revenue. On growth, NICOLET BANKSHARES INC posted the faster year-over-year revenue change (12.5% vs -19.2%). NICOLET BANKSHARES INC produced more free cash flow last quarter ($149.4M vs $15.6M). Over the past eight quarters, NICOLET BANKSHARES INC's revenue compounded faster (12.5% CAGR vs -11.8%).

Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.

RGP, formerly known as Resources Global Professionals, is the operating arm of Resources Connection, Inc.. The company provides consulting services in the areas of finance & accounting, information management, governance, risk & compliance (GRC), human capital, legal & regulatory, corporate advisory & restructuring, strategic communications, and supply chain management. As of fiscal year ending May 28, 2016, the company employed 3,283 professionals in 68 offices in 20 countries around the wor...

NIC vs RGP — Head-to-Head

Bigger by revenue
RGP
RGP
1.1× larger
RGP
$117.7M
$104.0M
NIC
Growing faster (revenue YoY)
NIC
NIC
+31.7% gap
NIC
12.5%
-19.2%
RGP
Higher net margin
NIC
NIC
49.5% more per $
NIC
38.8%
-10.8%
RGP
More free cash flow
NIC
NIC
$133.9M more FCF
NIC
$149.4M
$15.6M
RGP
Faster 2-yr revenue CAGR
NIC
NIC
Annualised
NIC
12.5%
-11.8%
RGP

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
NIC
NIC
RGP
RGP
Revenue
$104.0M
$117.7M
Net Profit
$40.3M
$-12.7M
Gross Margin
37.1%
Operating Margin
48.3%
-10.3%
Net Margin
38.8%
-10.8%
Revenue YoY
12.5%
-19.2%
Net Profit YoY
16.9%
81.6%
EPS (diluted)
$2.63
$-0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NIC
NIC
RGP
RGP
Q4 25
$104.0M
$117.7M
Q3 25
$102.9M
$120.2M
Q2 25
$95.7M
$139.3M
Q1 25
$89.4M
$129.4M
Q4 24
$92.4M
$145.6M
Q3 24
$90.7M
$136.9M
Q2 24
$85.0M
$148.2M
Q1 24
$82.2M
$151.3M
Net Profit
NIC
NIC
RGP
RGP
Q4 25
$40.3M
$-12.7M
Q3 25
$41.7M
$-2.4M
Q2 25
$36.0M
$-73.3M
Q1 25
$32.6M
$-44.1M
Q4 24
$34.5M
$-68.7M
Q3 24
$32.5M
$-5.7M
Q2 24
$29.3M
$10.5M
Q1 24
$27.8M
$2.5M
Gross Margin
NIC
NIC
RGP
RGP
Q4 25
37.1%
Q3 25
39.5%
Q2 25
40.2%
Q1 25
35.1%
Q4 24
38.5%
Q3 24
36.5%
Q2 24
40.2%
Q1 24
37.0%
Operating Margin
NIC
NIC
RGP
RGP
Q4 25
48.3%
-10.3%
Q3 25
50.4%
-1.7%
Q2 25
46.8%
-47.0%
Q1 25
44.9%
-38.4%
Q4 24
46.8%
-52.7%
Q3 24
45.0%
-3.5%
Q2 24
43.3%
7.6%
Q1 24
41.8%
2.8%
Net Margin
NIC
NIC
RGP
RGP
Q4 25
38.8%
-10.8%
Q3 25
40.6%
-2.0%
Q2 25
37.6%
-52.6%
Q1 25
36.4%
-34.0%
Q4 24
37.3%
-47.2%
Q3 24
35.8%
-4.2%
Q2 24
34.5%
7.1%
Q1 24
33.8%
1.7%
EPS (diluted)
NIC
NIC
RGP
RGP
Q4 25
$2.63
$-0.38
Q3 25
$2.73
$-0.07
Q2 25
$2.34
$-2.21
Q1 25
$2.08
$-1.34
Q4 24
$2.21
$-2.08
Q3 24
$2.10
$-0.17
Q2 24
$1.92
$0.31
Q1 24
$1.82
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NIC
NIC
RGP
RGP
Cash + ST InvestmentsLiquidity on hand
$89.8M
Total DebtLower is stronger
$134.9M
Stockholders' EquityBook value
$1.3B
$194.6M
Total Assets
$9.2B
$289.3M
Debt / EquityLower = less leverage
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NIC
NIC
RGP
RGP
Q4 25
$89.8M
Q3 25
$77.5M
Q2 25
$86.1M
Q1 25
$72.5M
Q4 24
$78.2M
Q3 24
$89.6M
Q2 24
$108.9M
Q1 24
$113.8M
Total Debt
NIC
NIC
RGP
RGP
Q4 25
$134.9M
Q3 25
$134.6M
Q2 25
$134.3M
Q1 25
$156.6M
Q4 24
$161.4M
Q3 24
$161.2M
Q2 24
$162.4M
Q1 24
$162.3M
Stockholders' Equity
NIC
NIC
RGP
RGP
Q4 25
$1.3B
$194.6M
Q3 25
$1.2B
$206.4M
Q2 25
$1.2B
$207.1M
Q1 25
$1.2B
$277.8M
Q4 24
$1.2B
$325.7M
Q3 24
$1.1B
$407.2M
Q2 24
$1.1B
$418.8M
Q1 24
$1.1B
$414.9M
Total Assets
NIC
NIC
RGP
RGP
Q4 25
$9.2B
$289.3M
Q3 25
$9.0B
$287.2M
Q2 25
$8.9B
$304.7M
Q1 25
$9.0B
$375.6M
Q4 24
$8.8B
$424.9M
Q3 24
$8.6B
$512.9M
Q2 24
$8.6B
$510.9M
Q1 24
$8.4B
$523.2M
Debt / Equity
NIC
NIC
RGP
RGP
Q4 25
0.11×
Q3 25
0.11×
Q2 25
0.11×
Q1 25
0.13×
Q4 24
0.14×
Q3 24
0.14×
Q2 24
0.15×
Q1 24
0.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NIC
NIC
RGP
RGP
Operating Cash FlowLast quarter
$153.5M
$15.9M
Free Cash FlowOCF − Capex
$149.4M
$15.6M
FCF MarginFCF / Revenue
143.7%
13.2%
Capex IntensityCapex / Revenue
3.9%
0.3%
Cash ConversionOCF / Net Profit
3.81×
TTM Free Cash FlowTrailing 4 quarters
$275.0M
$24.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NIC
NIC
RGP
RGP
Q4 25
$153.5M
$15.9M
Q3 25
$45.9M
$-7.8M
Q2 25
$38.9M
$16.8M
Q1 25
$41.8M
$659.0K
Q4 24
$133.7M
$1.8M
Q3 24
$39.6M
$-309.0K
Q2 24
$37.3M
$3.2M
Q1 24
$23.4M
$20.5M
Free Cash Flow
NIC
NIC
RGP
RGP
Q4 25
$149.4M
$15.6M
Q3 25
$45.9M
$-8.0M
Q2 25
$38.4M
$16.5M
Q1 25
$41.3M
$238.0K
Q4 24
$116.8M
$61.0K
Q3 24
$34.7M
$-575.0K
Q2 24
$34.4M
$3.0M
Q1 24
$20.1M
$20.4M
FCF Margin
NIC
NIC
RGP
RGP
Q4 25
143.7%
13.2%
Q3 25
44.6%
-6.6%
Q2 25
40.1%
11.8%
Q1 25
46.2%
0.2%
Q4 24
126.4%
0.0%
Q3 24
38.3%
-0.4%
Q2 24
40.5%
2.1%
Q1 24
24.4%
13.5%
Capex Intensity
NIC
NIC
RGP
RGP
Q4 25
3.9%
0.3%
Q3 25
0.0%
0.1%
Q2 25
0.6%
0.2%
Q1 25
0.5%
0.3%
Q4 24
18.3%
1.2%
Q3 24
5.4%
0.2%
Q2 24
3.5%
0.1%
Q1 24
4.0%
0.1%
Cash Conversion
NIC
NIC
RGP
RGP
Q4 25
3.81×
Q3 25
1.10×
Q2 25
1.08×
Q1 25
1.28×
Q4 24
3.88×
Q3 24
1.22×
Q2 24
1.28×
0.30×
Q1 24
0.84×
8.04×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NIC
NIC

Segment breakdown not available.

RGP
RGP

US$93.7M80%
Non Us$24.0M20%

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