Associated Banc-Corp

Associated Banc-Corp. operates as a bank holding company, which offers various banking and non-banking financial services to individuals and businesses through its subsidiaries. It operates through the following segments: Corporate and Commercial Specialty, Community, Consumer and Business, and Risk Management and Shared Services. The Corporate and Commercial Specialty segment serves customers including businesses, developers, non-profits, municipalities, and financial institutions. The Community, Consumer & Business segment serves individuals, as well as small and mid-sized businesses. The Risk Management and Shared Services segment includes corporate risk management, credit administration, finance, treasury, operations, and technology shared functions. The company was founded in 1964 and is headquartered in Green Bay, WI.

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Associated Banc-Corp reports robust Q4 performance and strategic growth focus

Associated Banc-Corp's strong performance in Q4 2022 reflects robust financial metrics and strategic initiatives driving growth.
While facing challenges in non-interest income and expense management, the company's strengths in credit quality and capital levels position it well.
Opportunities lie in targeted loan growth, expense optimization, talent retention, and strategic growth initiatives across asset classes.
Balancing growth with cost control, maintaining credit quality, and enhancing customer engagement are key focus areas for sustainable growth.

Associated Banc-Corp reports stable Q1 performance amidst growth opportunities

Associated Banc-Corp's Q1 2023 showcased stability, profitability, and strategic expense management.
While facing challenges in loan growth and non-interest income contraction, the bank is poised for growth.
Opportunities lie in optimizing loan growth, deposit mix shift, and managing credit risk effectively.
Overall, the bank's performance, strengths, and focus on growth present a positive outlook for investors.

Associated Banc-Corp (ASB) reports stable credit quality and loan growth

Associated Banc-Corp (ASB) showcased strong performance in credit quality and expense management, with a focus on high-quality loan growth. The bank's disciplined credit approach and initiatives to deepen customer relationships are key strengths. Challenges lie in managing core deposits and balancing expenses with asset growth, while opportunities exist in expanding loan portfolios and enhancing liquidity through deposit markets.

Associated Banc-Corp shows stable growth amidst strategic initiatives

Associated Banc-Corp's Q3 performance reflects steady growth and a focus on customer-centric strategies.
While facing challenges such as rising rates and commercial non-accruals, the bank remains resilient and proactive.
Opportunities for positive operating leverage and continued growth through strategic initiatives position the bank for long-term success.

Associated Banc-Corp reports solid Q4 performance amidst growth opportunities

Associated Banc-Corp's Q4 performance reflected revenue growth, expense control, and balance sheet improvements. Despite challenges, the bank's strengths in deposit growth and credit quality management position it well for future opportunities in expanding lending offerings and enhancing margins.

Associated Banc-Corp reports strong Q1 earnings amidst growth opportunities

ASB's Q1 performance showed solid earnings, growth in deposits and loans, and effective cost management.
The bank's strengths lie in market resilience, disciplined credit approach, and progress in strategic initiatives.
Challenges include expense growth, auto paper rates, and exposure to the trucking industry.
Opportunities include expected growth in loans, deposits, net interest income, and commercial lending.

Associated Banc-Corp (ASB) reports resilient Q2 performance and growth strategies

Associated Banc-Corp (ASB) demonstrated a resilient performance in Q2 2024, marked by solid credit metrics, strategic plan execution, and financial strength.
The company's focus on quality relationship-focused growth, disciplined expense management, and innovation underpin its path to sustainable profitability.
While challenges in expense management and market dynamics persist, ASB's strategic initiatives and commitment to customer-centric solutions offer growth opportunities.
ASB's emphasis on maintaining strong capital ratios and navigating evolving market trends position it well for long-term success and market leadership.

Associated Banc-Corp (ASB) reports strong Q3 earnings and strategic growth initiatives

Associated Banc-Corp (ASB) showcased resilience in a challenging economic environment, with a focus on stability and growth. The company's financial performance and strategic initiatives position it well for future opportunities and challenges in the market.

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Associated Banc-Corp. is a holding company, which engages in banking and non-banking financial services to individuals and businesses through its subsidiaries. It operates through the following segments: Corporate and Commercial Specialty, Community, Consumer and Business, and Risk Management and Shared Services. The Corporate and Commercial Specialty segment serves customers including businesses, developers, non-profits, municipalities, and financial institutions. The Community, Consumer and Business segment provides individuals, as well as small and mid-sized businesses. The Risk Management and Shared Services segment includes corporate risk management, credit administration, finance, treasury, operations, and technology shared functions. The company was founded in 1964 and is headquartered in Green Bay, WI.

GREEN BAY, Wis. , Nov. 14, 2024 /PRNewswire/ -- Associated Banc-Corp ("Associated") (NYSE: ASB) today announced the pricing of a public offering of 12,000,000 shares of its common stock, $0.01 par value (the "Common Stock"), at a public offering price of $25.00 per share, for aggregate gross proceeds of $300 million.

Associated Banc-Corp announces pricing of common stock offering

GREEN BAY, Wis. , Nov. 14, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced a proposed public offering of 11,500,000 shares of its common stock, $0.01 par value (the "Common Stock").

Associated Banc-Corp announces proposed common stock offering

GREEN BAY, Wis. , Nov. 7, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE:  ASB ), the holding company for Associated Bank, N.A.

Associated Banc-Corp Decreases Prime Rate

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GREEN BAY, Wis. , Oct. 30, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management expects to meet with investors during the Piper Sandler East Coast Financial Services Conference in Naples, FL on November 13-15, 2024.

Associated Banc-Corp to Attend the 2024 Piper Sandler East Coast Financial Services Conference on November 13-15, 2024

MILWAUKEE , Oct. 30, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") announced today the appointment of Phillip Trier and Gregory Warsek to its Executive Leadership Team (ELT), effective November 1, 2024. Phillip Trier, 46, will be executive vice president, head of Corporate and Commercial Banking, reporting directly to President and CEO Andy Harmening.

Associated Bank Announces Trier and Warsek to Join Executive Leadership Team

GREEN BAY, Wis. , Oct. 29, 2024 /PRNewswire/ -- The Board of Directors of Associated Banc-Corp (NYSE: ASB) ("Associated") today declared a regular quarterly cash dividend of $0.23 per common share, payable on December 16, 2024, to shareholders of record at the close of business on December 2, 2024.

Associated Banc-Corp Announces Increase in Common Stock Dividend

A rise in NII and higher rates drive ASB's Q3 earnings. Higher non-interest income and a fall in provisions are other positives.

Associated Banc-Corp Q3 Earnings Beat as NII Rises, Provisions Fall

Associated Banc-Corp (NYSE:ASB ) Q1 2024 Earnings Conference Call October 24, 2024 5:00 PM ET Company Participants Andrew Harmening - President and Chief Executive Officer Derek Meyer - Executive Vice President and Chief Financial Officer Patrick Ahern - Executive Vice President, Chief Credit Officer and Chicago Market President Conference Call Participants Daniel Tamayo - Raymond James Scott Siefers - Piper Sandler Jared Shaw - Barclays Jon Arfstrom - Capital Markets Terry McEvoy - Stephens Inc. Timur Braziler - Wells Fargo Christopher McGratty - KBW Operator Good afternoon everyone, and welcome to Associated Banc-Corp's Third Quarter 2024 Earnings Conference Call. My name is Paul, and I will be your operator today.

Associated Banc-Corp (ASB) Q3 2024 Earnings Call Transcript

The headline numbers for Associated Banc-Corp (ASB) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Associated Banc-Corp (ASB) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Associated Banc-Corp (ASB) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.53 per share a year ago.

Associated Banc-Corp (ASB) Tops Q3 Earnings Estimates

GREEN BAY, Wis., Oct. 24, 2024 /PRNewswire/ --Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $85 million, or $0.56 per common share, for the quarter ended September 30, 2024.

Associated Banc-Corp Reports Third Quarter 2024 Net Income Available to Common Equity of $85 Million, or $0.56 per Common Share

Beyond analysts' top -and-bottom-line estimates for Associated Banc-Corp (ASB), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.

Unlocking Q3 Potential of Associated Banc-Corp (ASB): Exploring Wall Street Estimates for Key Metrics

Rick Bruhn joins bank as senior vice president and head of Specialty Deposits and Payment Solutions MILWAUKEE , Oct. 22, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) (Associated) Rick Bruhn has joined Associated Bank as senior vice president and head of the Specialty Deposit and Payment Solutions national vertical. Bruhn is responsible for collaborating with internal and external partners to build this new business vertical within the bank.

Associated Bank Launches New Deposit Vertical

Associated Banc-Corp (ASB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Associated Banc-Corp (ASB) Q3 Earnings Expected to Decline

GREEN BAY, Wis. , Sept. 26, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) today announced it expects to release third quarter 2024 financial results on Thursday, October 24, 2024, after market close.

Associated Banc-Corp to Announce Third Quarter 2024 Earnings and Hold Conference Call on October 24, 2024

Associated Banc-Corp shares have come under pressure as of late, with some of the downside justified because of key weak points. Deposits declined slightly, but loans, securities, and cash values improved. Despite mixed financial results, the company remains cheap and warrants a soft 'buy' rating.

Associated Banc-Corp: Despite Recent Weaknesses, This Is Still A Bank To Bank On

GREEN BAY, Wis. , Aug. 13, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management expects to meet with investors during the Raymond James U.S. Bank and Banking on Tech Conferences in Chicago, IL on September 4-5, 2024.

Associated Banc-Corp to Attend Two Investor Events in September 2024

GREEN BAY, Wis. , July 30, 2024 /PRNewswire/ -- The Board of Directors of Associated Banc-Corp (NYSE: ASB) ("Associated") today declared a regular quarterly cash dividend of $0.22 per common share, payable on September 16, 2024, to shareholders of record at the close of business on September 3, 2024.

Associated Banc-Corp Announces Dividends

Associated Banc-Corp's (ASB) second-quarter earnings match estimates on the back of a higher loan balance. However, lower fee income and NII, rising expenses and provisions remain undermining factors.

Associated Banc-Corp (ASB) Q2 Earnings In Line, NII Declines

Associated Banc-Corp (NYSE:ASB ) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Andy Harmening – President and Chief Executive Officer Derek Meyer – Chief Financial Officer Pat Ahern – Chief Credit Officer Conference Call Participants Daniel Tamayo – Raymond James Scott Siefers – Piper Sandler Timur Braziler – Wells Fargo Securities Terry McEvoy – Stephens Inc. Jon Arfstrom – RBC Capital Markets Operator Good afternoon, everyone, and welcome to Associated Banc-Corp's Second Quarter 2024 Earnings Conference Call. My name is Paul, and I will be your operator today.

Associated Banc-Corp (ASB) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Associated Banc-Corp (ASB) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Associated Banc-Corp (ASB) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Associated Banc-Corp (ASB) came out with quarterly earnings of $0.52 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.56 per share a year ago.

Associated Banc-Corp (ASB) Q2 Earnings Meet Estimates

GREEN BAY, Wis. , July 25, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $113 million, or $0.74 per common share, for the quarter ended June 30, 2024.

Associated Banc-Corp Reports Second Quarter 2024 Earnings of $0.74 per Common Share, or $0.52 per Common Share(1) Excluding a One Time Item Recognized During the Quarter

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Associated Banc-Corp (ASB), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

News for Associated Banc-Corp Stock (ASB)