Every 8-K that Nicolet Bankshares,Inc. (NIC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow NIC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NIC filings page.
Nicolet Bankshares reported second quarter 2026 net income of $57 million, with diluted EPS of $2.62, up from $15 million and $0.81 in the first quarter and $36 million and $2.34 in second quarter 2025. Core diluted EPS (non-GAAP) was $2.99, as merger-related and other non-core items reduced reported EPS by $0.37.
Net interest income rose to $141 million, a 29% increase from the prior quarter, and net interest margin improved to 4.14% from 3.98%, reflecting a full quarter of MidWestOne balances, loan purchase accounting accretion and lower core deposit funding costs. Noninterest income increased to $36 million, helped by higher wealth management, deposit service charges and card interchange fees.
At June 30, 2026, assets were $15.4 billion and deposits $12.5 billion, both slightly lower than March 31 mainly due to reduced cash and brokered deposits. Asset quality metrics remained favorable, with nonperforming assets of $75 million (0.49% of assets) and an allowance for credit losses on loans of $134 million (1.23% of loans). The company repurchased 267,310 shares for $40 million, received an additional $150 million repurchase authorization, and declared a $0.36 quarterly dividend payable September 15, 2026. Nicolet also agreed to sell its Denver branches, holding about $402 million in loans and $388 million in deposits, to Sunwest Bank, with closing expected in third quarter 2026.
Nicolet Bankshares, Inc. held its Annual Meeting of shareholders on May 18, 2026. Shareholders elected all 12 director nominees, each receiving more votes "For" than "Withheld," with Glen E. Tellock receiving 14,910,311 votes for and 194,103 withheld.
Shareholders also ratified the selection of Forvis Mazars, LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 16,862,884 votes for, 31,390 against and 35,540 abstentions. On a non-binding advisory basis, shareholders approved the compensation of Nicolet’s named executive officers, with 10,078,861 votes for, 4,938,131 against, 87,770 abstentions and 1,825,052 broker non-votes.
Nicolet Bankshares, Inc. reported first quarter 2026 net income of $15.2 million and diluted EPS of $0.81, down from $40.3 million and $2.65 in fourth quarter 2025 as merger-related expenses weighed on results. Core diluted EPS (non‑GAAP) was much higher at $2.75, reflecting $51.5 million of core net income.
On February 13, 2026, Nicolet completed its acquisition of MidWestOne, issuing about 6.6 million shares valued at $1.0 billion and adding $6.1 billion in assets, $4.4 billion in loans, $5.3 billion in deposits and roughly $0.5 billion of goodwill. Period‑end assets rose to $15.6 billion and loans to $10.9 billion, while net interest margin improved to 3.98%.
The company announced an all‑cash sale of its Denver branches (about $390 million in loans and $380 million in deposits) to Sunwest Bank, expected to close in third quarter 2026, subject to approvals. The board increased the quarterly dividend by 13% to $0.36 per share, payable June 15, 2026 to shareholders of record on June 1, 2026.
Nicolet Bankshares, Inc. completed its previously announced merger with MidWestOne Financial Group, Inc., with MidWestOne merging into Nicolet and its bank subsidiary combining with Nicolet National Bank. Each MidWestOne share was converted into 0.3175 shares of Nicolet common stock, and Nicolet issued approximately 6.6 million new shares valued at $155.19 per share based on the February 13, 2026 closing price.
MidWestOne Bank will operate as a division of Nicolet National Bank until a planned system conversion in August 2026, when its 50+ locations will adopt the Nicolet brand and digital platform. Based on initial data, the transaction adds about $6 billion in assets, bringing Nicolet’s total assets to roughly $15 billion, with total loans around $11 billion and total deposits around $13 billion. The combined board will have twelve directors, including four former MidWestOne directors.
Nicolet Bankshares outlined key steps toward its merger with MidWestOne and updated its capital plans. The board’s compensation committee granted an aggregate of 101,000 performance-based restricted stock units to executives and senior leaders tied to executing and integrating the MidWestOne merger and meeting return on assets and cumulative EPS goals through December 31, 2028. The aggregate grant date value is $13 million, expensed over 2026–2028.
Shareholders approved the MidWestOne merger agreement and related share issuance, an amendment to double authorized common shares from 30,000,000 to 60,000,000, and an adjournment proposal that was not needed. The board also approved a $60 million increase to common stock repurchase authorization, on top of about $19 million remaining as of December 31, 2025. Nicolet has received all regulatory approvals for the MidWestOne and bank mergers and expects to close the MidWestOne merger on February 13, 2026, assuming other conditions are satisfied.
Nicolet Bankshares, Inc. reported that it has announced earnings for the quarter and year ended December 31, 2025, with full details provided in a press release furnished as Exhibit 99.1.
The company also declared a quarterly cash dividend of $0.32 per share on its common stock, payable on March 16, 2026 to shareholders of record as of March 2, 2026. Portions of the same press release also address a proposed merger between Nicolet Bankshares, Inc. and MidWestOne Financial Group, Inc., and those specific merger-related sections are being filed in compliance with Rule 425 of the Securities Act.
Nicolet Bankshares, Inc. filed a current report to correct an error in the joint proxy statement-prospectus for its contemplated merger with MidWestOne Financial Group, Inc. After the joint document was filed, the companies determined that the "Total" column in the Golden Parachute Compensation table for MidWestOne’s named executive officers did not properly add the three underlying columns, even though those individual amounts were accurate. The 8-K provides a corrected "Merger-Related Compensation for MidWestOne Named Executive Officers" table, detailing estimated cash, equity, and perquisites/benefits for each executive, with updated totals such as $6,489,746 for Charles N. Reeves III and $2,284,577 for Len D. Devaisher. The filing reiterates that these payments relate to merger completion and, in some cases, qualifying terminations, are subject to a non-binding advisory vote by MidWestOne shareholders, and are further described in the previously distributed joint proxy statement-prospectus.
Nicolet Bankshares, Inc. announced a regular quarterly cash dividend of $0.32 per share on its common stock. The dividend will be paid on December 15, 2025 to shareholders who are on record as of December 8, 2025. This payout provides direct cash returns to current shareholders based on the number of shares they own on the record date.
Nicolet Bankshares (NIC) announced a definitive agreement to acquire MidWestOne Financial Group in an all-stock merger. MidWestOne shareholders will receive 0.3175 shares of Nicolet common stock for each MidWestOne share, valuing the deal at approximately $864 million, or $41.37 per MidWestOne share, based on Nicolet’s $130.31 closing price on October 22, 2025. Upon completion, MidWestOne shareholders are expected to own 30% of the combined company.
The boards of both companies unanimously approved the merger. Closing is subject to shareholder approvals, required regulatory approvals, and a tax opinion that the transaction qualifies as a tax‑free reorganization. The companies will file a Form S‑4 with a joint proxy statement/prospectus and plan to hold special shareholder meetings after effectiveness. The merger is expected to close in the first half of 2026.
Nicolet Bankshares, Inc. (NYSE: NIC) reported that it announced its earnings for the quarter ended September 30, 2025. The company furnished a press release as Exhibit 99.1 to this Form 8-K under Item 2.02.
The information in Item 2.02 and Exhibit 99.1 is being furnished, not filed, under the Exchange Act and is not subject to Section 18 liabilities, nor incorporated by reference into other filings unless expressly referenced.
Nicolet Bankshares reported a material compensation award for its CEO totaling $12.0 million in grant date value. The award includes 30,000 restricted shares that cliff vest after five years of continued service through December 31, 2030, plus up to 60,000 performance-based restricted stock units (RSUs) that vest over a five-year performance period beginning January 1, 2026. Up to 30,000 RSUs are tied to achieving above-average peer-bank Return on Average Assets percentiles, and up to 30,000 RSUs vest based on cumulative earnings per share targets over the performance period. The company will recognize the $12.0 million value as compensation expense over the five-year vesting period covering 2026 through 2030.
Nicolet Bankshares, Inc. declared a quarterly cash dividend of $0.32 per share on its common stock. The dividend will be paid on September 15, 2025 to shareholders who are on record as of September 2, 2025. The company announced this dividend through a press release dated August 19, 2025, which is attached as an exhibit and incorporated by reference for additional details. This continues the company’s practice of returning cash to shareholders through regular quarterly dividends.