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Nicolet National Bank completes merger with MidWestOne

RECENTLY ACQUIREDFeb 19, 2026

Acquiring Company

Nicolet National Bank

Acquired Company

MidWestOne Financial Group

Green BayThe University Of IowaFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

Nicolet Bankshares Inc. has completed a merger with MidWestOne Bank, with Nicolet as the surviving entity. This merger adds over $6 billion in assets, bringing Nicolet’s total assets to $15 billion. The MidWestOne brand will transition to Nicolet, enhancing its presence across several states.

Quick answer

Nicolet National Bank is acquiring MidWestOne Financial Group, announced February 19, 2026. Nicolet National Bank is based in Green Bay, Wisconsin, United States.

How much did Nicolet National Bank pay for MidWestOne Financial Group?
The deal value was not disclosed.
What does Nicolet National Bank do?
Nicolet Bankshares, Inc. is the bank holding company of Nicolet National Bank, a growing, full-service, community bank providing services ranging from commercial, agricultural, and consumer banking to wealth management..
Where are Nicolet National Bank and MidWestOne Financial Group based?
Nicolet National Bank is based in Green Bay, Wisconsin, United States. MidWestOne Financial Group is based in The University Of Iowa, Iowa, United States.
Who are the decision-makers at Nicolet National Bank?
Fundz holds 1 contact at Nicolet National Bank. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Nicolet National Bank

Location

Green Bay, Wisconsin, United States

About

Nicolet Bankshares, Inc. is the bank holding company of Nicolet National Bank, a growing, full-service, community bank providing services ranging from commercial, agricultural, and consumer banking to wealth management and retirement plan services. Founded in Green Bay in 2000, Nicolet National Bank operates branches in Wisconsin, Michigan, and Minnesota. More information can be found at www.nicoletbank.com. SOURCE Nicolet Bankshares, Inc.

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Frequently asked

Who acquired MidWestOne Financial Group?

MidWestOne Financial Group was acquired by Nicolet National Bank, based in Green Bay. The deal was reported on February 19, 2026. Nicolet Bankshares, Inc. Nicolet National Bank is privately held and operates in Financial Services.

When did Nicolet National Bank acquire MidWestOne Financial Group?

Nicolet National Bank's acquisition of MidWestOne Financial Group was reported on February 19, 2026. Nicolet Bankshares Inc. has completed a merger with MidWestOne Bank, with Nicolet as the surviving entity. This merger adds over $6 billion in assets, bringing Nicolet’s total assets to $15 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MidWestOne Financial Group do?

MidWestOne Financial Group, Inc. is a financial holding company headquartered in Iowa City, Iowa. MidWestOne is the parent company of MidWestOne Bank, which operates banking offices in Iowa, Minnesota, Wisconsin, Florida, and Colorado. It is privately held, operating in Financial Services, and is based in The University Of Iowa.

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