---
schema_version: "secwatch.filing_event.v1"
accession: "0001174850-26-000004"
form_type: "8-K"
ticker: "NIC"
cik: "0001174850"
company_name: "NICOLET BANKSHARES INC"
filed_at: "2026-01-20T23:59:59+00:00"
generated_at: "2026-05-16T09:30:40.162148+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nicolet reports record 2025 net income $151M; EPS $9.78; dividend $0.32; merger with MidWest One on track

## Summary
- Record full-year 2025 net income $151M (vs. $124M in 2024); diluted EPS $9.78, up 21.5% YoY.
- Q4 2025 net income $40M, EPS $2.65; net interest margin 3.86% unchanged QoQ.
- Core deposits grew $497M (7%) YoY; loans grew $210M (3%); NIM expanded 29 bps to 3.76% for full year.
- Quarterly dividend declared: $0.32/share, payable March 16, 2026; record date March 2, 2026.
- Merger with MidWest One expected to close Q1 2026 pending regulatory and shareholder approvals.

## SEC filing metadata
- accession: 0001174850-26-000004
- form_type: 8-K
- ticker: NIC
- cik: 0001174850
- company_name: NICOLET BANKSHARES INC
- filed_at: 2026-01-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1174850/000117485026000004/0001174850-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174850/000117485026000004/nic-20260120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174850-26-000004
- JSON: https://secwatch.observer/filing/0001174850-26-000004.json
- Plain text: https://secwatch.observer/filing/0001174850-26-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.