Sifting through countless of stocks in the Banks industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Customers Bancorp, Inc., Nicolet Bankshares or Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Customers Bancorp, Inc., Nicolet Bankshares and Inc. compare based on key financial metrics to determine which better meets your investment needs.

About Customers Bancorp, Inc., Nicolet Bankshares and Inc.

Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides banking products and services. It provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts, as well as individual retirement accounts and non-retail time deposits consisting of jumbo certificates. The company’s lending business offers commercial and industrial, commercial real estate, and multifamily and residential mortgage loans; SBA lending; mortgage finance; specialty lending includes fund finance, real estate specialty finance, technology and venture, and healthcare and financial institutions group; commercial loans to mortgage companies, and commercial equipment financing; fund finance, such as variable rate loans secured by collateral pools to private debt funds; and cash management services. In addition, it provides digital banking, such as Banking-as-a-Service to fintech companies; payments and treasury services to businesses; consumer loans through fintech companies; and the TassatPay, an instant blockchain-based digital payments platform which offers instant payments, including over-the-counter desks, exchanges, liquidity providers, market makers, funds, title companies, and other B2B verticals. Further, the company offers mobile phone and internet banking, wire transfers, electronic bill payment, lock box, remote deposit capture, courier, merchant processing, cash vault, controlled disbursements, positive pay, and cash management services comprising account reconciliation, collections, and sweep accounts. The company was founded in 1997 and is headquartered in West Reading, Pennsylvania.

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. The company accepts demand deposits, checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts. It also offers commercial loans, including commercial, industrial, and business loans and lines of credit; commercial real estate loans; agricultural (AG) production and AG real estate loans; commercial real estate investment loans; construction and land development loans; residential real estate loans, such as residential first lien and junior lien mortgages, home equity loans, and residential construction loans; and consumer loans. In addition, the company provides cash management, international banking, personal brokerage, safe deposit boxes, and trust and fiduciary services, as well as wealth management and retirement plan services. Further, it offers mortgage refinancing; online services, such as commercial, retail, and trust online banking; automated bill payment, mobile banking deposits and account access, and remote deposit capture services; and other services consisting of wire transfers, debit cards, credit cards, pre-paid gift cards, direct deposits, and official bank checks, as well as facilitates crop insurance products. The company was formerly known as Green Bay Financial Corporation and changed its name to Nicolet Bankshares, Inc. in March 2002. The company was incorporated in 2000 and is headquartered in Green Bay, Wisconsin.

Latest Banks and Customers Bancorp, Inc., Nicolet Bankshares, Inc. Stock News

As of July 31, 2026, Customers Bancorp, Inc. had a $2.7 billion market capitalization, compared to the Banks median of $716.9 million. Customers Bancorp, Inc.’s stock is up 7.6% in 2026, up 2.8% in the previous five trading days and up 21.01% in the past year.

Currently, Customers Bancorp, Inc.’s price-earnings ratio is 10.0. Customers Bancorp, Inc.’s trailing 12-month revenue is $808.0 million with a 35.3% net profit margin. Year-over-year quarterly sales growth most recently was 76.4%. Analysts expect adjusted earnings to reach $8.436 per share for the current fiscal year. Customers Bancorp, Inc. does not currently pay a dividend.

As of July 31, 2026, Nicolet Bankshares, Inc. had a $3.6 billion market cap, putting it in the 62nd percentile of all stocks. Nicolet Bankshares, Inc.’s stock is up 40.9% in 2026, up 0.8% in the previous five trading days and up 31.88% in the past year.

Currently, Nicolet Bankshares, Inc.’s price-earnings ratio is 20.7. Nicolet Bankshares, Inc.’s trailing 12-month revenue is $428.7 million with a 30.2% net profit margin. Year-over-year quarterly sales growth most recently was 46.5%. Analysts expect adjusted earnings to reach $12.048 per share for the current fiscal year. Nicolet Bankshares, Inc. currently has a 0.8% dividend yield.

How We Compare Customers Bancorp, Inc., Nicolet Bankshares and Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Customers Bancorp, Inc., Nicolet Bankshares and Inc.’s stock grades to see how they measure up against one another.

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Customers Bancorp, Inc., Nicolet Bankshares and Inc. Stock Value Grades

Company	Ticker	Value
Customers Bancorp, Inc.	CUBI	B
Nicolet Bankshares, Inc.	NIC	D

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

Customers Bancorp, Inc. has a Value Score of 64, which is Value. Nicolet Bankshares, Inc. has a Value Score of 25, which is Expensive.

The Value Stock Winner: Customers Bancorp, Inc.

As you can clearly see from the Value Grade breakdown above, Customers Bancorp, Inc. is considered to have better value than Nicolet Bankshares, Inc.. For investors who focus solely on a company’s valuation, Customers Bancorp, Inc. could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Customers Bancorp, Inc., Nicolet Bankshares and Inc.’s Quality Grades

Company	Ticker	Quality
Customers Bancorp, Inc.	CUBI	F
Nicolet Bankshares, Inc.	NIC	F

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Customers Bancorp, Inc. has a Quality Score of 8, which is Very Weak. Nicolet Bankshares, Inc. has a Quality Score of 0, which is Very Weak.

The Quality Stock Winner: No Clear Winner

Neither Customers Bancorp, Inc., Nicolet Bankshares or Inc. has a high enough Quality Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Customers Bancorp, Inc., Nicolet Bankshares or Inc. is the better investment when it comes to quality.

Customers Bancorp, Inc., Nicolet Bankshares and Inc.’s Momentum Grades

Company	Ticker	Momentum
Customers Bancorp, Inc.	CUBI	C
Nicolet Bankshares, Inc.	NIC	B

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Customers Bancorp, Inc. has a Momentum Score of 56, which is Average. Nicolet Bankshares, Inc. has a Momentum Score of 73, which is Strong.

The Momentum Grade Winner: Nicolet Bankshares, Inc.

As you can clearly see from the Momentum Grade breakdown above, Nicolet Bankshares, Inc. is considered to have stronger momentum compared to Customers Bancorp, Inc.. For those specifically looking for companies that have stronger momentum compared to other companies in the same industry, Nicolet Bankshares, Inc. could be a good stock to invest in. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other Customers Bancorp, Inc., Nicolet Bankshares and Inc. Grades

In addition to Value, Quality and Momentum, A+ Investor also provides grades for Growth and Estimate Revisions.

Earnings estimate revisions scores take into account the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, surprises beget further surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Customers Bancorp, Inc., Nicolet Bankshares and Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Customers Bancorp, Inc., Nicolet Bankshares or Inc. Stock?

Overall, Customers Bancorp, Inc. stock has a Value Score of 64, Momentum Score of 56 and Quality Score of 8.

Nicolet Bankshares, Inc. stock has a Value Score of 25, Momentum Score of 73 and Quality Score of 0.

Comparing Customers Bancorp, Inc., Nicolet Bankshares and Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.