Nicolet Bankshares Inc.

+0.33 (+0.44%)
Equity Investments, Mergers / Acquisitions

Nicolet Bankshares Continues Strategic Growth With Acquisition Of Charter Bankshares

Published: 03/30/2022 12:53 GMT
Nicolet Bankshares Inc. (NCBS) - Nicolet Bankshares, Inc. Continues Strategic Growth With Acquisition of Charter Bankshares, Inc.nicolet Bankshares Inc - Nicolet Will Acquire Charter and Its Wholly-owned Banking Subsidiary, Charter Bank.
Nicolet Bankshares Inc - Charter Shareholders Will Receive About 1.26 Million Shares of Nicolet, Cash Payment of About $38.8 Million.
Nicolet Bankshares Inc - Merger Consideration is Valued at Approximately $158 Million.
Nicolet Bankshares Inc - First Full Year (2023) EPS Accretion is Estimated in High-single Digits.
Nicolet Bankshares Inc - Transaction is Expected to Be Accretive to Nicolet's Tangible Book Value per Share.
Nicolet Bankshares Inc - Expected to Appoint Brenda L. Johnson to Boards of Co, Nicolet National Bank.
Nicolet Bankshares Inc - Kohler Will Join Nicolet National Bank and Will Lead Western Wisconsin and Twin Cities Markets.